GE Aerospace (NYSE:GE) Releases Earnings Results

GE Aerospace (NYSE:GE - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.29 by $0.20, Zacks reports. The firm had revenue of $9.94 billion during the quarter, compared to analyst estimates of $9.06 billion. GE Aerospace had a return on equity of 22.19% and a net margin of 14.31%. GE Aerospace updated its FY 2025 guidance to 5.100-5.450 EPS.

GE Aerospace Stock Performance

Shares of GE stock traded up $1.14 during trading hours on Friday, hitting $198.55. The company's stock had a trading volume of 4,390,590 shares, compared to its average volume of 5,399,811. The stock has a market cap of $213.10 billion, a PE ratio of 33.15, a price-to-earnings-growth ratio of 2.59 and a beta of 1.04. GE Aerospace has a 12-month low of $150.20 and a 12-month high of $214.21. The company has a 50 day moving average of $194.36 and a 200 day moving average of $186.68. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88.

GE Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Monday, March 10th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from GE Aerospace's previous quarterly dividend of $0.28. This represents a $1.44 dividend on an annualized basis and a yield of 0.73%. GE Aerospace's dividend payout ratio (DPR) is currently 22.40%.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Bank of America boosted their price objective on shares of GE Aerospace from $200.00 to $225.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. JPMorgan Chase & Co. increased their price objective on GE Aerospace from $190.00 to $210.00 and gave the company an "overweight" rating in a report on Friday, January 24th. UBS Group boosted their target price on GE Aerospace from $207.00 to $216.00 and gave the stock a "buy" rating in a research note on Wednesday. Royal Bank of Canada reiterated an "outperform" rating and issued a $220.00 price target on shares of GE Aerospace in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on GE Aerospace from $235.00 to $228.00 and set a "buy" rating on the stock in a research note on Thursday, January 2nd. One investment analyst has rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $216.92.

Institutional Investors Weigh In On GE Aerospace

An institutional investor recently raised its position in GE Aerospace stock. Revolve Wealth Partners LLC grew its stake in GE Aerospace (NYSE:GE - Free Report) by 7.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,251 shares of the company's stock after purchasing an additional 150 shares during the period. Revolve Wealth Partners LLC's holdings in GE Aerospace were worth $375,000 at the end of the most recent quarter. Hedge funds and other 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.