GE Aerospace (NYSE:GE) Stock Price Down 1.2% – Time to Sell?

Shares of GE Aerospace (NYSE:GE) traded down 1.2% during mid-day trading on Monday. The stock traded as low as $305.36 and last traded at $305.7760. 5,208,611 shares were traded during trading, an increase of 2% from the average session volume of 5,129,477 shares. The stock had previously closed at $309.56.

Analyst Ratings Changes

Several research firms have weighed in on GE. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $450.00 target price on shares of GE Aerospace in a report on Monday, July 27th. Susquehanna reiterated a “positive” rating and issued a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research report on Thursday, July 9th. TD Cowen reissued a “buy” rating and issued a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. UBS Group raised their target price on shares of GE Aerospace from $426.00 to $435.00 and gave the company a “buy” rating in a report on Friday, July 17th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $410.00 target price on shares of GE Aerospace in a research report on Monday, July 20th. Sixteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $386.67.

GE Aerospace Stock Down 1.2%

The company has a market cap of $317.26 billion, a PE ratio of 36.02, a P/E/G ratio of 2.26 and a beta of 1.38. The firm has a 50-day simple moving average of $341.45 and a two-hundred day simple moving average of $327.33. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67.

GE Aerospace (NYSE:GE) last posted its quarterly earnings data on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. The business had revenue of $12.63 billion for the quarter, compared to analyst estimates of $11.87 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The business’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.66 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Research analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

GE Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th. Investors of record on Monday, October 5th will be paid a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, October 5th. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. GE Aerospace’s dividend payout ratio is presently 22.14%.

Insider Transactions at GE Aerospace

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the sale, the senior vice president directly owned 20,666 shares of the company’s stock, valued at approximately $7,309,770.86. The trade was a 28.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.19% of the company’s stock.

Institutional Investors Weigh In On GE Aerospace

Several hedge funds have recently made changes to their positions in GE. Susquehanna Fundamental Investments LLC increased its holdings in GE Aerospace by 261.0% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 213,603 shares of the company’s stock valued at $79,830,000 after purchasing an additional 154,429 shares in the last quarter. Clough Capital Partners L P lifted its stake in shares of GE Aerospace by 37.1% during the first quarter. Clough Capital Partners L P now owns 70,535 shares of the company’s stock worth $20,016,000 after purchasing an additional 19,105 shares in the last quarter. CenterBook Partners LP lifted its stake in shares of GE Aerospace by 892.6% during the fourth quarter. CenterBook Partners LP now owns 49,788 shares of the company’s stock worth $15,336,000 after purchasing an additional 44,772 shares in the last quarter. Ascentis Independent Advisors boosted its position in shares of GE Aerospace by 207.3% in the first quarter. Ascentis Independent Advisors now owns 4,317 shares of the company’s stock worth $1,225,000 after buying an additional 2,912 shares during the period. Finally, Sumitomo Mitsui Financial Group Inc. boosted its position in shares of GE Aerospace by 13.7% in the fourth quarter. Sumitomo Mitsui Financial Group Inc. now owns 110,050 shares of the company’s stock worth $33,900,000 after buying an additional 13,277 shares during the period. Institutional investors and hedge funds own 74.77% of the company’s stock.

About GE Aerospace

GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.

The company’s offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.

GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.