GE Aerospace (NYSE:GE) Stock Has Consensus Price Target of $386.67 According to Analysts

Key Points

• Analysts remain broadly positive: GE Aerospace has a “Moderate Buy” consensus from 20 brokerages, with 16 buys, three holds and one sell. The average 12-month price target is $386.67.
• Recent results exceeded expectations: GE reported quarterly EPS of $2.02 versus the $1.86 consensus estimate, while revenue rose 21.1% year over year to $12.63 billion.
• Investors face both catalysts and risks: Upcoming third-quarter results, international expansion and aerospace demand could support the stock, while Deutsche Bank’s reduced price target and scrutiny of GE’s $11.75 billion acquisition create concerns.

Shares of GE Aerospace (NYSE:GE - Get Free Report) have been given a consensus rating of "Moderate Buy" by the twenty brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and sixteen have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $386.67.

Several research firms recently commented on GE. TD Cowen reiterated a "buy" rating and issued a $380.00 price target (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. Royal Bank Of Canada restated an "outperform" rating and set a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. Weiss Ratings upgraded GE Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $450.00 price objective on shares of GE Aerospace in a research note on Monday, July 27th. Finally, Citigroup reaffirmed a "buy" rating and issued a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st.

GE Aerospace Stock Performance

GE Aerospace stock opened at $306.63 on Thursday. The company's 50-day moving average price is $332.15 and its 200-day moving average price is $328.11. 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 cap of $318.15 billion, a PE ratio of 36.12, a price-to-earnings-growth ratio of 2.25 and a beta of 1.38. GE Aerospace has a twelve month low of $268.91 and a twelve month high of $388.84.

GE Aerospace (NYSE:GE - Get Free Report) last announced its quarterly 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. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. During the same quarter last year, the firm earned $1.66 EPS. The firm's revenue for the quarter was up 21.1% compared to the same quarter last year. On average, equities research analysts forecast that GE Aerospace will post 7.91 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Monday, October 5th will be given 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 payout ratio is currently 22.14%.

Insiders Place Their Bets

In related 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 transaction of $2,863,636.16. Following the sale, the senior vice president owned 20,666 shares in the company, valued at approximately $7,309,770.86. This represents a 28.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.19% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. GK Wealth Management LLC purchased a new position in GE Aerospace during the 3rd quarter worth approximately $25,000. Paladin Partners LLC acquired a new position in GE Aerospace during the second quarter worth approximately $38,000. Parvin Asset Management LLC acquired a new position in GE Aerospace during the second quarter worth approximately $41,000. Markowski Investments acquired a new position in GE Aerospace during the second quarter worth approximately $46,000. Finally, Burkett Financial Services LLC lifted its stake in GE Aerospace by 28.9% in the second quarter. Burkett Financial Services LLC now owns 125 shares of the company's stock valued at $47,000 after buying an additional 28 shares during the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting GE Aerospace

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

• Positive Sentiment: GE Aerospace secured up to £33 million in UK government funding, alongside approximately £27 million from the company, to expand and modernize its Prestwick, Scotland, jet-engine maintenance facility. The project is expected to protect 850 jobs and create 150 more, supporting GE’s long-term aftermarket and maintenance operations. General Electric Wins UK Backing To Expand Prestwick Jet Engine Jobs
• Positive Sentiment: GE plans to increase supply-chain spending in India to $400 million by 2030 and source more components locally. The investment could improve manufacturing flexibility and deepen GE’s presence in a major aerospace-growth market. GE Aerospace to Boost India Supply Chain Spending
• Positive Sentiment: Susquehanna maintained its Buy rating and $430 price target, indicating continued confidence in GE Aerospace’s earnings outlook and valuation despite recent share-price weakness. Susquehanna Keeps Buy Rating
• Neutral Sentiment: GE Aerospace’s chief executive is scheduled to meet the U.S. transportation secretary, along with Boeing’s CEO, to discuss aircraft-certification reform. Faster or more predictable certification could benefit aerospace manufacturers, but the immediate financial impact is uncertain. Aircraft Certification Reform Meeting
• Neutral Sentiment: GE Aerospace will report third-quarter results before the market opens on October 20. The announcement is likely to be the next major catalyst, with investors focused on orders, aftermarket demand, margins and full-year guidance. GE Aerospace Earnings Are Imminent
• Negative Sentiment: Deutsche Bank lowered its GE Aerospace price target to $377 from $450. Although the revised target remains above the recent trading level, the reduction signals more cautious expectations and may weigh on sentiment. Deutsche Bank Adjusts Price Target
• Negative Sentiment: Investor scrutiny remains high after GE agreed to acquire Consolidated Precision Products for $11.75 billion. The deal could strengthen GE’s control over critical castings, but its large cost raises questions about valuation, integration and whether the acquisition can justify GE’s premium multiple. GE Aerospace and the $11.75 Billion Foundry Deal

GE Aerospace Company Profile

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.

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