GE Aerospace (NYSE:GE) Price Target Raised to $455.00

GE Aerospace (NYSE:GE) had its target price hoisted by equities research analysts at Jefferies Financial Group from $365.00 to $455.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 21.49% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. BNP Paribas Exane decreased their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Citigroup reiterated a “buy” rating and set a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a research report on Wednesday. Morgan Stanley dropped their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Finally, UBS Group reduced their target price on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $357.56.

GE Aerospace Trading Up 0.2%

Shares of GE stock opened at $374.53 on Thursday. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $390.76 billion, a price-to-earnings ratio of 46.12, a price-to-earnings-growth ratio of 3.31 and a beta of 1.35. GE Aerospace has a 12-month low of $243.34 and a 12-month high of $379.67. The stock’s 50-day moving average price is $319.00 and its 200-day moving average price is $314.03.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same period in the prior year, the company earned $1.49 earnings per share. The firm’s revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities research analysts predict that GE Aerospace will post 7.48 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Blueline Advisors LLC bought a new stake in GE Aerospace in the fourth quarter worth about $25,000. Ankerstar Wealth LLC bought a new stake in shares of GE Aerospace during the 4th quarter worth approximately $31,000. Tucker Asset Management LLC purchased a new stake in GE Aerospace in the fourth quarter worth $32,000. Lifetime Wealth Management P.C. purchased a new stake in GE Aerospace in the fourth quarter worth $40,000. Finally, Beaird Harris Wealth Management LLC lifted its position in shares of GE Aerospace by 72.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after purchasing an additional 59 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

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.