GE Aerospace (NYSE:GE) Given Consensus Recommendation of “Moderate Buy” by Brokerages

GE Aerospace (NYSE:GEGet Free Report) has been given a consensus rating of “Moderate Buy” by the nineteen research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and sixteen have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $390.5882.

A number of research firms have recently weighed in on GE. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $450.00 target price on shares of GE Aerospace in a report on Monday, July 27th. Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. BNP Paribas Exane dropped their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $390.00 price objective on shares of GE Aerospace in a report on Monday, July 20th. Finally, President Capital reduced their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd.

Get Our Latest Analysis on GE

GE Aerospace Stock Performance

Shares of GE opened at $370.40 on Friday. GE Aerospace has a one year low of $263.80 and a one year high of $388.84. The company has a market cap of $384.31 billion, a PE ratio of 43.63, a P/E/G ratio of 2.74 and a beta of 1.36. The stock has a 50-day moving average of $353.75 and a 200-day moving average of $322.74. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67.

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

GE Aerospace Dividend Announcement

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

Insider Transactions at GE Aerospace

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the sale, the senior vice president directly owned 20,666 shares of the company’s stock, valued at approximately $7,309,770.86. This represents a 28.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.19% of the company’s stock.

Hedge Funds Weigh In On GE Aerospace

Institutional investors have recently modified their holdings of the business. Citizens Financial Group Inc. RI purchased a new stake in shares of GE Aerospace during the second quarter valued at approximately $8,473,000. Buckland Partners Management Co LLC purchased a new position in GE Aerospace in the second quarter worth $1,962,000. Paladin Partners LLC bought a new position in GE Aerospace in the 2nd quarter valued at $38,000. Trust Co. of Vermont bought a new position in GE Aerospace in the 2nd quarter valued at $4,039,000. Finally, Plato Investment Management Ltd purchased a new stake in shares of GE Aerospace during the 2nd quarter valued at $12,158,000. 74.77% of the stock is owned by institutional investors.

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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