GE Aerospace (NYSE:GE) Shares Up 1.4% – Here’s Why
by Michael Walen · The Markets DailyShares of GE Aerospace (NYSE:GE – Get Free Report) rose 1.4% on Friday . The company traded as high as $359.99 and last traded at $353.7120. Approximately 2,955,237 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 5,558,813 shares. The stock had previously closed at $349.00.
More GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace and CFM announced commitments for about 1,800 engines, highlighted by IndiGo’s order for more than 1,000 LEAP-1A engines — the largest single LEAP order ever — reinforcing strong demand and future backlog growth. GE Aerospace Wraps Historic Farnborough Airshow
- Positive Sentiment: The company also won additional GEnx engine business from Philippine Airlines and AerCap, while the GEnx-1B crossed 50 million flight hours, supporting both commercial engine growth and the reliability story. GE Aerospace Wraps Historic Farnborough Airshow
- Positive Sentiment: FAA and EASA certifications for LEAP-1B durability upgrades should reduce maintenance burden and improve engine time on wing, which can support higher-margin services revenue over time. GE Aerospace Wraps Historic Farnborough Airshow
- Positive Sentiment: GE Aerospace showed progress in defense and future-flight technologies, including a hybrid-electric flight above 30,000 feet and new sustainment/MRO agreements, underscoring strategic optionality beyond the core commercial engine business. GE Aerospace Wraps Historic Farnborough Airshow
- Neutral Sentiment: Several articles were commentary or recap pieces about GE’s strong recent momentum and analyst interest, which may help sentiment but do not add new business details. GE Aerospace (GE) Is a Trending Stock: Facts to Know Before Betting on It
- Negative Sentiment: One policy-related bill proposed tighter scrutiny of foreign involvement in sensitive aviation supply chains; while not targeted directly at GE, it could increase compliance burdens if it advances. New Bill: Representative Pat Harrigan introduces H.R. 9707: General Aviation Protection Act
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on GE. Morgan Stanley lowered their price target on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Daiwa Securities Group assumed coverage on GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective on the stock. JPMorgan Chase & Co. upped their target price on GE Aerospace from $335.00 to $400.00 and gave the company an “overweight” rating in a report on Monday. Finally, TD Cowen reiterated a “buy” rating and set a $380.00 price target (up from $330.00) on shares of GE Aerospace in a report on Monday, July 13th. Sixteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $386.88.
Get Our Latest Stock Analysis on GE Aerospace
GE Aerospace Stock Up 1.4%
The firm has a 50-day moving average of $340.06 and a two-hundred day moving average of $319.43. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The company has a market capitalization of $367.00 billion, a PE ratio of 41.66, a price-to-earnings-growth ratio of 2.61 and a beta of 1.35.
GE Aerospace (NYSE:GE – Get Free Report) last posted its earnings results on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. The company had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $11.87 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The company’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.66 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Equities research analysts predict that GE Aerospace will post 7.91 earnings per share for the current fiscal year.
GE Aerospace Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 6th will be given a dividend of $0.47 per share. The ex-dividend date is Monday, July 6th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. GE Aerospace’s dividend payout ratio (DPR) is currently 22.14%.
Hedge Funds Weigh In On GE Aerospace
Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in GE Aerospace by 25.3% during the fourth quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock worth $2,003,000 after purchasing an additional 2,421 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in GE Aerospace by 7.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock worth $375,000 after acquiring an additional 150 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in GE Aerospace by 4.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock valued at $1,116,000 after acquiring an additional 191 shares during the period. Main Street Financial Solutions LLC increased its stake in GE Aerospace by 348.6% during the second quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock worth $1,518,000 after purchasing an additional 4,584 shares during the period. Finally, HUB Investment Partners LLC lifted its position in shares of GE Aerospace by 4.2% during the second quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock worth $2,326,000 after purchasing an additional 366 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.
About GE Aerospace
GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single‑aisle airliners to widebody and military platforms.
Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.