GE Aerospace (NYSE:GE) Stock Price Up 4.1% - Should You Buy?

Key Points

• GE Aerospace shares jumped 4.1% to about $320.69 on Friday, with a market cap of roughly $338.3 billion and a P/E near 42.8, trading above both its 50- and 200-day moving averages.
• Street sentiment is largely positive—16 Buys, 2 Holds and 2 Sells—with a consensus price target of $309.94, though several firms have recently raised targets to as high as $350.
• The company reported an earnings beat (Q EPS $1.66 vs. $1.46 est.) and revenue up 26.4% YoY, issued FY2025 guidance of 6.00–6.20 EPS, and announced a $0.36 quarterly dividend (0.4% yield).

GE Aerospace (NYSE:GE - Get Free Report) shares shot up 4.1% on Friday . The stock traded as high as $320.98 and last traded at $320.6870. 4,227,634 shares changed hands during trading, a decline of 5% from the average session volume of 4,431,352 shares. The stock had previously closed at $308.03.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on GE. Jefferies Financial Group boosted their target price on shares of GE Aerospace from $320.00 to $350.00 and gave the company a "buy" rating in a report on Monday, September 22nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $350.00 price objective on shares of GE Aerospace in a research note on Wednesday, October 8th. TD Cowen raised their target price on GE Aerospace from $300.00 to $330.00 and gave the stock a "buy" rating in a research note on Tuesday, October 7th. BNP Paribas upgraded GE Aerospace to a "strong sell" rating in a report on Tuesday, November 18th. Finally, Susquehanna assumed coverage on GE Aerospace in a research note on Thursday, December 4th. They issued a "positive" rating and a $350.00 price target on the stock. Sixteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $309.94.

GE Aerospace Stock Up 4.1%

The stock has a market cap of $338.26 billion, a price-to-earnings ratio of 42.82, a PEG ratio of 2.38 and a beta of 1.40. The stock has a 50 day simple moving average of $301.84 and a 200 day simple moving average of $284.07. The company has a quick ratio of 0.76, a current ratio of 1.08 and a debt-to-equity ratio of 0.99.

GE Aerospace (NYSE:GE - Get Free Report) last issued its earnings results on Tuesday, October 21st. The company reported $1.66 earnings per share for the quarter, topping analysts' consensus estimates of $1.46 by $0.20. GE Aerospace had a return on equity of 34.01% and a net margin of 18.34%.The company had revenue of $11.31 billion for the quarter, compared to analyst estimates of $10.29 billion. During the same period in the prior year, the firm earned $1.15 earnings per share. GE Aerospace's revenue for the quarter was up 26.4% on a year-over-year basis. GE Aerospace has set its FY 2025 guidance at 6.000-6.200 EPS. As a group, analysts expect that GE Aerospace will post 5.4 earnings per share for the current fiscal year.

GE Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 26th. Stockholders of record on Monday, December 29th will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.44 annualized dividend and a dividend yield of 0.4%. GE Aerospace's payout ratio is presently 19.23%.

Insider Buying and Selling at GE Aerospace

In related news, SVP Russell Stokes sold 8,000 shares of the company's stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $297.71, for a total value of $2,381,680.00. Following the sale, the senior vice president owned 150,434 shares in the company, valued at $44,785,706.14. This represents a 5.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.21% of the stock is owned by corporate insiders.

Institutional Trading of GE Aerospace

Institutional investors and hedge funds have recently modified their holdings of the stock. Bare Financial Services Inc lifted its stake in GE Aerospace by 81.1% during the 2nd quarter. Bare Financial Services Inc now owns 96 shares of the company's stock valued at $25,000 after acquiring an additional 43 shares in the last quarter. REAP Financial Group LLC purchased a new position in GE Aerospace during the third quarter worth about $25,000. Marquette Asset Management LLC bought a new stake in GE Aerospace in the 3rd quarter worth about $26,000. Lavaca Capital LLC increased its stake in GE Aerospace by 1,666.7% in the 2nd quarter. Lavaca Capital LLC now owns 106 shares of the company's stock valued at $27,000 after buying an additional 100 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC increased its stake in GE Aerospace by 147.2% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 89 shares of the company's stock valued at $27,000 after buying an additional 53 shares during the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

About GE Aerospace

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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