GE Aerospace (NYSE:GE) Now Covered by Analysts at Daiwa Securities Group

Equities research analysts at Daiwa Securities Group assumed coverage on shares of GE Aerospace (NYSE:GEGet Free Report) in a research report issued on Tuesday, Marketbeat Ratings reports. The firm set a “neutral” rating and a $301.00 price target on the stock. Daiwa Securities Group’s price target points to a potential upside of 10.35% from the company’s previous close.

Other analysts also recently issued research reports about the stock. Zacks Research downgraded shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. TD Cowen upped their price objective on shares of GE Aerospace from $330.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. JPMorgan Chase & Co. increased their price objective on shares of GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. Citigroup reissued a “buy” rating and set a $380.00 target price (up from $378.00) on shares of GE Aerospace in a research note on Friday, January 23rd. Finally, UBS Group set a $374.00 target price on shares of GE Aerospace and gave the company a “buy” rating in a report on Friday, January 23rd. Sixteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $329.44.

Read Our Latest Analysis on GE

GE Aerospace Stock Down 3.6%

Shares of NYSE:GE opened at $272.76 on Tuesday. The firm has a market cap of $286.07 billion, a P/E ratio of 33.51, a P/E/G ratio of 2.61 and a beta of 1.36. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.00. GE Aerospace has a 12-month low of $159.36 and a 12-month high of $348.48. The business has a fifty day simple moving average of $313.06 and a 200 day simple moving average of $306.81.

GE Aerospace (NYSE:GEGet Free Report) last released its quarterly earnings results on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.14. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.The firm had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.27 billion. During the same quarter in the previous year, the company posted $1.32 EPS. The business’s revenue was up 17.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts predict that GE Aerospace will post 5.4 earnings per share for the current year.

Insider Buying and Selling

In other GE Aerospace news, SVP Russell Stokes sold 30,363 shares of the firm’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $306.47, for a total value of $9,305,348.61. Following the completion of the sale, the senior vice president directly owned 150,434 shares in the company, valued at approximately $46,103,507.98. This trade represents a 16.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Robert M. Giglietti sold 3,035 shares of GE Aerospace stock in a transaction on Friday, January 30th. The shares were sold at an average price of $305.51, for a total transaction of $927,222.85. Following the completion of the sale, the vice president directly owned 10,583 shares of the company’s stock, valued at approximately $3,233,212.33. This trade represents a 22.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 37,398 shares of company stock valued at $11,455,491 over the last ninety days. 0.19% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of GE Aerospace by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock worth $28,564,097,000 after purchasing an additional 699,364 shares during the period. Auto Owners Insurance Co increased its stake in GE Aerospace by 52,247.5% during the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock valued at $2,024,413,000 after purchasing an additional 65,595,733 shares in the last quarter. State Street Corp raised its holdings in GE Aerospace by 1.5% during the fourth quarter. State Street Corp now owns 45,240,802 shares of the company’s stock worth $13,951,570,000 after buying an additional 663,160 shares during the last quarter. Geode Capital Management LLC raised its holdings in GE Aerospace by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company’s stock worth $7,615,200,000 after buying an additional 312,880 shares during the last quarter. Finally, Capital World Investors lifted its stake in shares of GE Aerospace by 16.2% in the third quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock valued at $6,449,731,000 after buying an additional 2,995,054 shares in the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

GE Aerospace News Summary

Here are the key news stories impacting GE Aerospace this week:

About GE Aerospace

(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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