GE Aerospace (NYSE:GE – Get Free Report) shares passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $316.27 and traded as high as $323.00. GE Aerospace shares last traded at $320.2710, with a volume of 5,294,530 shares traded.
Key Headlines Impacting GE Aerospace
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE secured LM2500 marine gas turbine orders for the U.S. Navy’s next-generation Arleigh Burke Flight III destroyers, adding military business and prompting coverage of the stock’s move. Article: GE Aerospace secures LM2500 orders
- Positive Sentiment: Commercial Engines & Services demand remains robust, with CFM International winning orders for more than 1,000 LEAP-1A engines for IndiGo and more than 300 LEAP-1B engines for Turkish Airlines. Growth in air travel and fleet renewal could support engine and service revenue. Article: GE’s commercial engines segment gains momentum
- Positive Sentiment: A recent analysis said GE beat earnings expectations and raised its 2026 guidance. Jefferies reportedly sees 41% potential upside, signaling a bullish analyst view despite the stock’s October pullback. Article: Jefferies sees upside in GE Aerospace
- Neutral Sentiment: Boeing delivery delays could extend demand for maintenance on older engines, benefiting GE’s services business, but may also threaten new-engine programs. Article: Boeing delays and GE Aerospace
Analyst Upgrades and Downgrades
GE has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $378.00 price objective on shares of GE Aerospace in a research report on Wednesday, October 21st. HC Wainwright set a $375.00 target price on GE Aerospace in a report on Wednesday, October 21st. Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, October 15th. Susquehanna cut their target price on GE Aerospace from $430.00 to $400.00 and set a “positive” rating on the stock in a research note on Wednesday, October 21st. Finally, The Goldman Sachs Group restated a “buy” rating and set a $410.00 price target on shares of GE Aerospace in a report on Monday, July 20th. Sixteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $373.45.
View Our Latest Analysis on GE Aerospace
GE Aerospace Price Performance
The firm has a fifty day moving average of $316.27 and a 200 day moving average of $323.07. The company has a current ratio of 0.98, a quick ratio of 0.68 and a debt-to-equity ratio of 0.96. The company has a market capitalization of $330.95 billion, a P/E ratio of 36.94, a P/E/G ratio of 2.15 and a beta of 1.43.
GE Aerospace (NYSE:GE – Get Free Report) last posted its earnings results on Tuesday, October 20th. The company reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.24. The business had revenue of $13.29 billion for the quarter, compared to analysts’ expectations of $12.88 billion. GE Aerospace had a net margin of 17.31% and a return on equity of 44.43%. The business’s revenue for the quarter was up 24.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.66 EPS. On average, equities research analysts anticipate that GE Aerospace will post 8.16 EPS for the current year.
GE Aerospace Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, October 26th. Stockholders of record on Monday, October 5th were paid a $0.47 dividend. The ex-dividend date was Monday, October 5th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. GE Aerospace’s payout ratio is currently 21.68%.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in GE. University of Texas Texas AM Investment Management Co. increased its position in GE Aerospace by 22.6% during the third quarter. University of Texas Texas AM Investment Management Co. now owns 900 shares of the company’s stock valued at $281,000 after acquiring an additional 166 shares during the last quarter. Paragon Advisors LLC bought a new position in GE Aerospace in the third quarter valued at about $233,000. M Holdings Securities Inc. purchased a new position in GE Aerospace in the third quarter worth about $6,828,000. Avantax Planning Partners Inc. boosted its position in GE Aerospace by 5.4% in the third quarter. Avantax Planning Partners Inc. now owns 6,852 shares of the company’s stock worth $2,140,000 after purchasing an additional 354 shares during the last quarter. Finally, Candriam S.C.A. boosted its position in GE Aerospace by 8.3% in the third quarter. Candriam S.C.A. now owns 157,296 shares of the company’s stock worth $49,301,000 after purchasing an additional 12,091 shares during the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.
About GE Aerospace
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.
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