GE Aerospace (NYSE:GE) Price Target Cut to $375.00 by Analysts at Royal Bank Of Canada

Key Points

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GE Aerospace (NYSE:GE - Get Free Report) had its target price reduced by investment analysts at Royal Bank Of Canada from $400.00 to $375.00 in a research note issued on Wednesday, Benzinga reports. The firm presently has an "outperform" rating on the stock. Royal Bank Of Canada's price objective indicates a potential upside of 25.22% from the stock's current price.

A number of other research firms also recently weighed in on GE. JPMorgan Chase & Co. boosted their target price on GE Aerospace from $335.00 to $400.00 and gave the stock an "overweight" rating in a research report on Monday, July 20th. Morgan Stanley reiterated an "overweight" rating and issued a $375.00 price target (down from $400.00) on shares of GE Aerospace in a report on Wednesday. UBS Group reiterated a "buy" rating on shares of GE Aerospace in a research report on Wednesday. The Goldman Sachs Group reissued a "buy" rating and set a $410.00 price objective on shares of GE Aerospace in a report on Monday, July 20th. Finally, Citigroup restated a "buy" rating and set a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Seventeen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $384.74.

GE Aerospace Stock Performance

Shares of GE Aerospace stock opened at $299.48 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The firm has a 50 day simple moving average of $327.33 and a 200 day simple moving average of $328.85. GE Aerospace has a fifty-two week low of $268.91 and a fifty-two week high of $388.84. The firm has a market cap of $310.73 billion, a P/E ratio of 35.27, a P/E/G ratio of 2.27 and a beta of 1.38.

GE Aerospace (NYSE:GE - Get Free Report) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.01 by $0.24. The firm had revenue of $13.29 billion for the quarter, compared to the consensus estimate of $12.88 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 24.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.66 EPS. Sell-side analysts predict that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

Insider Buying and Selling at GE Aerospace

In other news, SVP Mohamed Ali sold 8,096 shares of the stock in a transaction on Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the transaction, the senior vice president owned 20,666 shares of the company's stock, valued at $7,309,770.86. This represents a 28.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.19% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On GE Aerospace

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GE. GK Wealth Management LLC bought a new position in shares of GE Aerospace during the third quarter worth about $25,000. Clark Wealth Partners lifted its stake in shares of GE Aerospace by 70.1% in the third quarter. Clark Wealth Partners now owns 114 shares of the company's stock worth $36,000 after acquiring an additional 47 shares during the period. Paladin Partners LLC bought a new stake in GE Aerospace in the second quarter valued at approximately $38,000. Parvin Asset Management LLC bought a new stake in GE Aerospace in the second quarter valued at approximately $41,000. Finally, Markowski Investments bought a new stake in GE Aerospace in the second quarter valued at approximately $46,000. Institutional investors own 74.77% of the company's stock.

GE Aerospace News Summary

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: GE Aerospace reported adjusted third-quarter earnings of $2.25 per share, above the roughly $2.01 consensus estimate, while revenue also exceeded expectations and rose approximately 25% year over year. GE Aerospace raises 2026 profit forecast as services strength drives growth
• Positive Sentiment: Strong commercial engine and aftermarket-services demand drove a 49% increase in orders to $19 billion. GE also raised its 2026 outlook for adjusted revenue growth to approximately 19%-20%, operating profit to $10.9 billion-$11.0 billion, adjusted EPS to $8.00-$8.10 and free cash flow to $9.1 billion-$9.4 billion. GE Aerospace raises 2026 guidance as orders surge
• Positive Sentiment: UBS maintained its Buy rating and raised its price target to $380, citing the quarterly beat, upgraded guidance and an improving margin outlook. Bank of America also reiterated its Buy rating with a $405 target. UBS raises GE Aerospace price target

About GE Aerospace

GE Aerospace NYSE: GE is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its products support commercial air transport, business and general aviation, military aircraft, and other defense applications. The company also provides engine components, avionics, mechanical systems, digital solutions and maintenance, repair and overhaul services.

GE Aerospace serves airlines, aircraft operators, leasing companies, airframers and government customers worldwide.

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