GE Aerospace (NYSE:GE) Releases FY 2025 Earnings Guidance

Key Points

• GE Aerospace has issued FY 2025 earnings guidance with an expected EPS of 6.000-6.200, surpassing the consensus estimate of 5.900.
• The company declared a quarterly dividend of $0.36 per share, equating to a 0.5% yield, with an ex-dividend date set for September 29th.
• Analysts have adjusted price targets for GE Aerospace, with Royal Bank of Canada upping its target from $300 to $340, indicating strong confidence in the stock's performance.

GE Aerospace (NYSE:GE - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 6.000-6.200 for the period, compared to the consensus estimate of 5.900. The company issued revenue guidance of -.

GE Aerospace Stock Up 1.0%

GE stock opened at $303.15 on Tuesday. The stock's 50 day simple moving average is $286.62 and its 200 day simple moving average is $252.17. GE Aerospace has a fifty-two week low of $159.36 and a fifty-two week high of $307.25. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.73 and a current ratio of 1.04. The company has a market cap of $321.48 billion, a P/E ratio of 42.28, a price-to-earnings-growth ratio of 3.23 and a beta of 1.49.

GE Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, October 27th. Investors of record on Monday, September 29th will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Monday, September 29th. GE Aerospace's dividend payout ratio is 20.08%.

Analyst Ratings Changes

A number of analysts have commented on the company. Royal Bank Of Canada boosted their price objective on GE Aerospace from $300.00 to $340.00 and gave the stock an "outperform" rating in a report on Friday. The Goldman Sachs Group lifted their price target on GE Aerospace from $271.00 to $305.00 and gave the stock a "buy" rating in a report on Friday, October 10th. UBS Group lifted their price target on GE Aerospace from $300.00 to $321.00 and gave the stock a "buy" rating in a report on Friday, July 18th. Wolfe Research lifted their price target on GE Aerospace from $280.00 to $330.00 and gave the stock an "outperform" rating in a report on Thursday, October 9th. Finally, Wells Fargo & Company lifted their price target on GE Aerospace from $34.00 to $38.00 in a report on Wednesday, July 23rd. Fifteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $276.31.

Institutional Investors Weigh In On GE Aerospace

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. lifted its stake in shares of GE Aerospace by 4.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,389,116 shares of the company's stock valued at $357,549,000 after acquiring an additional 53,624 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of GE Aerospace by 2.1% in the 2nd quarter. Alliancebernstein L.P. now owns 1,162,304 shares of the company's stock valued at $299,165,000 after acquiring an additional 23,800 shares during the last quarter. Worldquant Millennium Advisors LLC lifted its stake in shares of GE Aerospace by 27.9% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 874,860 shares of the company's stock valued at $225,180,000 after acquiring an additional 190,945 shares during the last quarter. Rafferty Asset Management LLC lifted its stake in shares of GE Aerospace by 26.2% in the 2nd quarter. Rafferty Asset Management LLC now owns 256,302 shares of the company's stock valued at $65,970,000 after acquiring an additional 53,188 shares during the last quarter. Finally, Tidal Investments LLC lifted its stake in shares of GE Aerospace by 233.9% in the 2nd quarter. Tidal Investments LLC now owns 237,572 shares of the company's stock valued at $61,149,000 after acquiring an additional 166,417 shares during the last quarter. Institutional investors own 74.77% of the company's stock.

About GE Aerospace

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

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