GE Aerospace (NYSE:GE) Shares Down 1.1% - What's Next?

Key Points

• GE Aerospace shares fell 1.1% to $365.98 in Monday trading, with volume 46% below the average session level.
• Analyst sentiment remains positive: 16 analysts rate the stock a Buy, with an overall “Moderate Buy” rating and an average price target of $390.59.
• The company exceeded quarterly expectations, reporting adjusted EPS of $2.02 and revenue of $12.63 billion, up 21.1% year over year. GE Aerospace also maintains a quarterly dividend of $0.47 per share, equivalent to a 0.5% yield.

Shares of GE Aerospace (NYSE:GE - Get Free Report) fell 1.1% during trading on Monday . The company traded as low as $364.84 and last traded at $365.98. 2,944,567 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 5,405,230 shares. The stock had previously closed at $370.08.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. TD Cowen reaffirmed a "buy" rating and issued a $380.00 target price (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. President Capital decreased their price objective on GE Aerospace from $355.00 to $342.00 and set a "buy" rating for the company in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $450.00 target price on shares of GE Aerospace in a report on Monday, July 27th. JPMorgan Chase & Co. raised their price target on GE Aerospace from $335.00 to $400.00 and gave the company an "overweight" rating in a research note on Monday, July 20th. Finally, Susquehanna reiterated a "positive" rating and set a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Sixteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $390.59.

GE Aerospace Price Performance

The business has a fifty day moving average of $353.75 and a 200 day moving average of $322.72. The firm has a market cap of $379.73 billion, a P/E ratio of 43.11, a PEG ratio of 2.70 and a beta of 1.36. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96.

GE Aerospace (NYSE:GE - Get Free Report) last released its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The company had revenue of $12.63 billion during the quarter, compared to analysts' expectations of $11.87 billion. During the same period last year, the firm posted $1.66 earnings per share. The business's revenue was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, sell-side analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, July 27th. Stockholders of record on Monday, July 6th were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, July 6th. GE Aerospace's dividend payout ratio (DPR) is currently 22.14%.

Insider Activity at GE Aerospace

In related news, SVP Mohamed Ali sold 8,096 shares of the company's stock in a transaction dated Friday, July 24th. The shares were 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 in the company, valued at approximately $7,309,770.86. This represents a 28.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.19% of the company's stock.

Hedge Funds Weigh In On GE Aerospace

Several institutional investors and hedge funds have recently made changes to their positions in the company. Blueline Advisors LLC acquired a new position in GE Aerospace in the 4th quarter valued at $25,000. Ankerstar Wealth LLC acquired a new position in shares of GE Aerospace in the fourth quarter valued at about $31,000. Paladin Partners LLC bought a new position in GE Aerospace during the second quarter worth about $38,000. Tucker Asset Management LLC bought a new position in GE Aerospace during the fourth quarter worth about $32,000. Finally, Burkett Financial Services LLC raised its stake in GE Aerospace by 28.9% in the 2nd quarter. Burkett Financial Services LLC now owns 125 shares of the company's stock worth $47,000 after purchasing an additional 28 shares in 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.

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