GE Aerospace (NYSE:GE) Stock Has Average Target Price of $386.67 According to Brokerages

GE Aerospace (NYSE:GE) has earned a consensus recommendation of “Moderate Buy” from the twenty brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and sixteen have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $386.67.

A number of brokerages recently commented on GE. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $410.00 price target on shares of GE Aerospace in a report on Monday, July 20th. Susquehanna reiterated a “positive” rating and issued a $430.00 price target (up from $380.00) on shares of GE Aerospace in a research report on Thursday, July 9th. Citigroup reissued a “buy” rating and set a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. TD Cowen restated a “buy” rating and set a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $450.00 price objective on shares of GE Aerospace in a research note on Monday, July 27th.

GE Aerospace News Summary

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

• Positive Sentiment: Strong earnings expectations: GE Aerospace is scheduled to report third-quarter results on October 20. Analysts expect year-over-year growth in revenue and earnings, while the company has beaten estimates for three consecutive quarters. Another beat, particularly if accompanied by higher guidance, could support the stock. GE Aerospace Q3 Earnings Report Preview
• Positive Sentiment: Demand and backlog remain substantial: GE Aerospace’s roughly $200 billion backlog and continuing aircraft and defense demand provide visibility for future revenue. Analysts also identify GE and RTX as potential beneficiaries of strong defense spending and aerospace-sector earnings. GE Aerospace and RTX Earnings Preview
• Positive Sentiment: Expansion and commercial opportunities: GE Aerospace announced an expansion in Prestwick and a venture with Turkish Airlines covering engines and services. It also agreed to acquire Consolidated Precision Products for $11.75 billion, adding a major aircraft-castings supplier and potentially strengthening its manufacturing position. GE Aerospace Announces Prestwick Expansion
• Neutral Sentiment: New aviation initiatives: GE Aerospace and Uzbekistan plan to develop aviation training, which could support long-term regional relationships and workforce development but is unlikely to materially affect near-term earnings. Uzbekistan and GE Aerospace Aviation Training
• Negative Sentiment: Aftermarket-profit concerns: Although earnings continue to grow, investors want reassurance that high-margin engine maintenance and services revenue can keep expanding. The stock has reportedly declined after each of its last three earnings reports, raising the bar for Tuesday’s results. GE Aerospace Earnings and Aftermarket Concerns
• Negative Sentiment: Valuation and analyst pressure: Melius cut its price target to $350 from $432, while technical commentary points to a potential “death cross.” With GE trading at a high earnings multiple, investors may demand stronger guidance to justify the valuation. Melius Cuts GE Aerospace Price Target
• Negative Sentiment: Rare-earth supply-chain risk: A 2027 Pentagon restriction on Chinese rare-earth magnets could require GE Aerospace and its suppliers to shift sourcing for defense programs, creating compliance costs, execution risk and possible delivery pressure. GE and the 2027 Pentagon Magnet Ban

Insider Buying and Selling at GE Aerospace

In related news, SVP Mohamed Ali sold 8,096 shares of the stock in a transaction on Friday, July 24th. The stock was sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the sale, the senior vice president owned 20,666 shares in the company, valued at approximately $7,309,770.86. This represents a 28.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.19% of the company’s stock.

Institutional Trading of GE Aerospace

A number of institutional investors have recently bought and sold shares of the stock. Auto Owners Insurance Co raised its position 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 worth $2,024,413,000 after buying an additional 65,595,733 shares during the last quarter. Amundi lifted its stake in GE Aerospace by 135.2% during the 1st quarter. Amundi now owns 6,119,975 shares of the company’s stock valued at $1,736,665,000 after acquiring an additional 3,518,278 shares during the period. Jupiter Topco LLC purchased a new stake in shares of GE Aerospace in the 2nd quarter valued at $1,283,858,000. Wellington Management Group LLP boosted its holdings in shares of GE Aerospace by 97.3% in the 2nd quarter. Wellington Management Group LLP now owns 6,797,935 shares of the company’s stock valued at $2,540,592,000 after acquiring an additional 3,352,432 shares during the last quarter. Finally, Jennison Associates LLC boosted its holdings in shares of GE Aerospace by 37.7% in the 1st quarter. Jennison Associates LLC now owns 11,026,006 shares of the company’s stock valued at $3,128,850,000 after acquiring an additional 3,017,937 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Stock Performance

GE Aerospace stock opened at $311.84 on Thursday. The company’s 50-day moving average price is $328.69 and its 200-day moving average price is $328.81. GE Aerospace has a twelve month low of $268.91 and a twelve month high of $388.84. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The company has a market cap of $323.56 billion, a PE ratio of 36.73, a price-to-earnings-growth ratio of 2.29 and a beta of 1.38.

GE Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Monday, October 5th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, October 5th. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. GE Aerospace’s payout ratio is currently 22.14%.

GE Aerospace Company Profile

GE Aerospace (NYSE: GE) is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its products support commercial air transport, business and general aviation, military aircraft, and other defense applications. The company also provides engine components, avionics, mechanical systems, digital solutions and maintenance, repair and overhaul services.

GE Aerospace serves airlines, aircraft operators, leasing companies, airframers and government customers worldwide.