GE Aerospace (NYSE:GE) Trading 2.3% Higher – Should You Buy?
by Kim Johansen · The Markets DailyGE Aerospace (NYSE:GE – Get Free Report) shares rose 2.3% on Wednesday . The stock traded as high as $369.25 and last traded at $364.8330. Approximately 6,357,316 shares traded hands during mid-day trading, an increase of 11% from the average daily volume of 5,738,914 shares. The stock had previously closed at $356.47.
GE Aerospace News Summary
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: Wall Street analyst coverage remains favorable, with brokerage recommendations and recent commentary suggesting GE Aerospace is still viewed as a strong portfolio candidate. Wall Street Analysts Think GE (GE) Is a Good Investment: Is It?
- Positive Sentiment: New coverage says GE Aerospace’s engine demand remains in focus, which supports the case for durable revenue growth and strong backlog visibility. GE Aerospace (NYSE:GE) Draws Eyes As Engine Demand Keeps the Spotlight
- Positive Sentiment: GE Aerospace is being compared favorably with aerospace peers such as Woodward, reinforcing the narrative that GE has outperformed its sector so far this year. Is GE Aerospace (GE) Stock Outpacing Its Aerospace Peers This Year?
- Neutral Sentiment: The company declared a quarterly dividend of $0.47 per share, a shareholder-friendly move, but the yield is still modest and the announcement is unlikely to change the stock’s longer-term thesis on its own. GE Aerospace Board of Directors Authorizes Quarterly Dividend
- Neutral Sentiment: Investors are also looking ahead to next month’s earnings report, where analysts expect double-digit EPS growth; that supports optimism, but it is still only an expectation until results are reported. Here’s What to Expect From GE Aerospace’s Next Earnings Report
- Negative Sentiment: One headline noted that GE Aerospace shares have retreated from recent levels, which may reflect profit-taking after a strong run rather than a change in the underlying business. GE Aerospace (GE) Advances While Market Declines: Some Information for Investors
Wall Street Analysts Forecast Growth
GE has been the subject of several research analyst reports. Wall Street Zen cut shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Seaport Research Partners began coverage on shares of GE Aerospace in a research report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price target on the stock. Morgan Stanley dropped their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Sanford C. Bernstein upped their price objective on shares of GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. Finally, President Capital reduced their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, GE Aerospace has a consensus rating of “Moderate Buy” and an average price target of $348.22.
Check Out Our Latest Stock Analysis on GE
GE Aerospace Stock Performance
The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $384.64 billion, a price-to-earnings ratio of 45.47, a PEG ratio of 3.24 and a beta of 1.37. The stock has a fifty day moving average price of $313.66 and a 200-day moving average price of $311.61.
GE Aerospace (NYSE:GE – Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the previous year, the firm earned $1.49 EPS. GE Aerospace’s quarterly revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current fiscal year.
GE Aerospace Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s payout ratio is currently 23.15%.
Institutional Investors Weigh In On GE Aerospace
Hedge funds have recently made changes to their positions in the company. Brighton Jones LLC raised its stake in shares of GE Aerospace by 25.3% in the fourth quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock valued at $2,003,000 after acquiring an additional 2,421 shares during the last quarter. Revolve Wealth Partners LLC grew its position 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 during the last quarter. Sivia Capital Partners LLC increased 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 purchasing an additional 191 shares in the last quarter. Main Street Financial Solutions LLC increased its holdings in GE Aerospace by 348.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock valued at $1,518,000 after purchasing an additional 4,584 shares in the last quarter. Finally, HUB Investment Partners LLC raised its position in GE Aerospace by 4.2% in the 2nd quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock valued at $2,326,000 after purchasing an additional 366 shares during the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.
GE Aerospace Company Profile
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.