TD Cowen Has Lowered Expectations for GE Aerospace (NYSE:GE) Stock Price

GE Aerospace (NYSE:GE) had its target price lowered by investment analysts at TD Cowen from $350.00 to $330.00 in a report released on Wednesday,MarketScreener reports. The firm presently has a “buy” rating on the stock. TD Cowen’s target price would suggest a potential upside of 6.95% from the company’s previous close.

A number of other equities analysts have also weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday, January 26th. Susquehanna restated a “positive” rating and issued a $380.00 price objective on shares of GE Aerospace in a report on Thursday, January 15th. Citigroup decreased their price objective on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of GE Aerospace from $375.00 to $387.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Finally, Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and a consensus target price of $342.78.

GE Aerospace Stock Up 6.9%

Shares of NYSE:GE traded up $19.95 on Wednesday, hitting $308.55. 1,273,766 shares of the company traded hands, compared to its average volume of 5,639,438. GE Aerospace has a 52 week low of $165.70 and a 52 week high of $348.48. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.00. The stock has a 50 day simple moving average of $311.13 and a 200-day simple moving average of $306.56. The company has a market cap of $323.62 billion, a PE ratio of 37.92, a PEG ratio of 2.60 and a beta of 1.43.

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

Insider Activity at GE Aerospace

In related news, SVP Russell Stokes sold 30,363 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $306.47, for a total transaction 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. The trade was a 16.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Robert M. Giglietti sold 3,035 shares of the business’s stock in a transaction that occurred 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 sale, the vice president owned 10,583 shares of the company’s stock, valued at $3,233,212.33. This trade represents a 22.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 37,398 shares of company stock worth $11,455,491. 0.19% of the stock is owned by company insiders.

Institutional Trading of GE Aerospace

Several large investors have recently added to or reduced their stakes in the business. Auto Owners Insurance Co increased its position 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 buying an additional 65,595,733 shares in the last quarter. Norges Bank purchased a new stake in GE Aerospace in the fourth quarter worth about $4,444,736,000. Capital World Investors increased its position in GE Aerospace by 16.2% in the third quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock worth $6,449,731,000 after buying an additional 2,995,054 shares in the last quarter. Corient Private Wealth LLC increased its position in GE Aerospace by 382.1% in the fourth quarter. Corient Private Wealth LLC now owns 2,757,281 shares of the company’s stock worth $849,325,000 after buying an additional 2,185,321 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in GE Aerospace by 1,200.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock worth $568,935,000 after buying an additional 1,705,005 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Company Profile

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.