GE Aerospace (NYSE:GE) Trading 2.3% Higher - Should You Buy?

Key Points

• GE Aerospace shares rose 2.3% to about $349.68, while trading volume was 41% below the average session level.
• Analyst sentiment remains broadly positive: 16 analysts rate the stock Buy, with a consensus “Moderate Buy” rating and an average price target of $390.59. Recent targets range from $380 to $450, although one firm downgraded the stock to Hold.
• GE Aerospace exceeded quarterly expectations, reporting $2.02 in EPS and $12.63 billion in revenue, up 21.1% year over year. The company also declared a $0.47 quarterly dividend, yielding approximately 0.5% annually.

Shares of GE Aerospace (NYSE:GE - Get Free Report) were up 2.3% on Tuesday . The company traded as high as $350.00 and last traded at $349.6760. 3,132,883 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 5,291,593 shares. The stock had previously closed at $341.84.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on GE. TD Cowen reiterated a "buy" rating and issued a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. Susquehanna reiterated a "positive" rating and set a $430.00 target price (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. UBS Group raised their price target on GE Aerospace from $426.00 to $435.00 and gave the stock a "buy" rating in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $450.00 price target on shares of GE Aerospace in a research note on Monday, July 27th. Finally, Wall Street Zen lowered shares of GE Aerospace from a "buy" rating to a "hold" rating in a report on Monday, April 27th. Sixteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $390.59.

GE Aerospace Stock Performance

The company has a market cap of $362.81 billion, a P/E ratio of 41.19, a P/E/G ratio of 2.54 and a beta of 1.36. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The business has a 50-day moving average of $361.09 and a two-hundred day moving average of $327.19.

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

GE Aerospace Announces Dividend

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

Insider Activity at GE Aerospace

In related news, SVP Mohamed Ali sold 8,096 shares of the stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the transaction, the senior vice president owned 20,666 shares of the company's stock, valued at approximately $7,309,770.86. This represents a 28.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.19% of the stock is currently owned by corporate insiders.

Institutional Trading of GE Aerospace

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System increased its position in GE Aerospace by 36,799.0% during the second quarter. California State Teachers Retirement System now owns 594,835,395 shares of the company's stock worth $222,307,832,000 after buying an additional 593,223,330 shares during the last quarter. Auto Owners Insurance Co boosted its stake in GE Aerospace by 52,247.5% in the fourth quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company's stock worth $2,024,413,000 after purchasing an additional 65,595,733 shares in the last quarter. State Street Corp boosted its holdings in GE Aerospace by 1.5% in the fourth quarter. State Street Corp now owns 45,240,802 shares of the company's stock valued at $13,951,570,000 after acquiring an additional 663,160 shares during the last quarter. Geode Capital Management LLC raised its position in shares of GE Aerospace by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company's stock valued at $7,615,200,000 after acquiring an additional 312,880 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of GE Aerospace in the 4th quarter valued at $4,444,736,000. 74.77% of the stock is currently owned by 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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