GE Aerospace (NYSE:GE) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

GE Aerospace (NYSE:GEGet Free Report) had its price target hoisted by stock analysts at JPMorgan Chase & Co. from $325.00 to $335.00 in a report issued on Monday,MarketScreener reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 14.14% from the stock’s previous close.

A number of other brokerages have also weighed in on GE. Wolfe Research upped their target price on GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. UBS Group set a $374.00 price objective on shares of GE Aerospace and gave the stock a “buy” rating in a research report on Friday. Royal Bank Of Canada raised their target price on shares of GE Aerospace from $300.00 to $340.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. BNP Paribas Exane cut their price target on shares of GE Aerospace from $305.00 to $290.00 and set an “underperform” rating for the company in a research note on Friday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday. Sixteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and a consensus target price of $319.00.

Check Out Our Latest Report on GE Aerospace

GE Aerospace Price Performance

Shares of GE stock traded down $0.37 during trading hours on Monday, reaching $293.50. The stock had a trading volume of 1,334,786 shares, compared to its average volume of 5,641,111. The stock’s fifty day simple moving average is $305.09 and its 200 day simple moving average is $292.76. The firm has a market capitalization of $309.58 billion, a PE ratio of 36.09, a PEG ratio of 1.94 and a beta of 1.40. GE Aerospace has a 12 month low of $159.36 and a 12 month high of $332.79. The company has a current ratio of 1.04, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00.

GE Aerospace (NYSE:GEGet Free Report) last posted its earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.14. The business had revenue of $12.72 billion for the quarter, compared to analysts’ expectations of $11.27 billion. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.32 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities research analysts predict that GE Aerospace will post 5.4 EPS for the current year.

Insider Transactions at GE Aerospace

In other GE Aerospace news, SVP Russell Stokes sold 8,000 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at $44,785,706.14. This trade represents a 5.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.21% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On GE Aerospace

Institutional investors and hedge funds have recently bought and sold shares of the business. Wealth Effects LLC lifted its stake in GE Aerospace by 41.8% in the fourth quarter. Wealth Effects LLC now owns 3,051 shares of the company’s stock worth $940,000 after acquiring an additional 900 shares during the period. Roman Butler Fullerton & Co. raised its stake in GE Aerospace by 1.8% in the fourth quarter. Roman Butler Fullerton & Co. now owns 9,546 shares of the company’s stock worth $2,816,000 after buying an additional 171 shares in the last quarter. BLB&B Advisors LLC lifted its holdings in GE Aerospace by 4.5% in the fourth quarter. BLB&B Advisors LLC now owns 6,151 shares of the company’s stock worth $1,895,000 after buying an additional 265 shares during the period. Massachusetts Wealth Management boosted its position in GE Aerospace by 0.3% during the 4th quarter. Massachusetts Wealth Management now owns 14,770 shares of the company’s stock valued at $4,550,000 after acquiring an additional 45 shares in the last quarter. Finally, Annex Advisory Services LLC boosted its position in GE Aerospace by 22.4% during the 4th quarter. Annex Advisory Services LLC now owns 4,989 shares of the company’s stock valued at $1,537,000 after acquiring an additional 913 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Company Profile

(Get Free Report)

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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Analyst Recommendations for GE Aerospace (NYSE:GE)

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