GE Aerospace (NYSE:GE) Shares Up 4.7% – Here’s What Happened

GE Aerospace (NYSE:GEGet Free Report) shares rose 4.7% on Friday . The stock traded as high as $323.18 and last traded at $320.75. Approximately 5,713,510 shares traded hands during trading, a decline of 6% from the average daily volume of 6,097,737 shares. The stock had previously closed at $306.37.

Key Stories Impacting GE Aerospace

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on GE shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of GE Aerospace in a research report on Monday, October 27th. TD Cowen upped their price objective on shares of GE Aerospace from $330.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Bank of America raised their target price on shares of GE Aerospace from $310.00 to $365.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Weiss Ratings restated a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. Finally, Wolfe Research upped their price target on shares of GE Aerospace from $340.00 to $360.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $319.00.

Check Out Our Latest Analysis on GE

GE Aerospace Stock Up 4.7%

The business has a fifty day moving average price of $306.86 and a two-hundred day moving average price of $295.59. The company has a current ratio of 1.04, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. The company has a market cap of $336.41 billion, a price-to-earnings ratio of 39.40, a P/E/G ratio of 2.96 and a beta of 1.40.

GE Aerospace (NYSE:GEGet Free Report) last posted its quarterly earnings results on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.43 by $0.14. The business had revenue of $11.90 billion during the quarter, compared to analysts’ expectations of $11.27 billion. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period last year, the company posted $1.32 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities analysts predict that GE Aerospace will post 5.4 earnings per share for the current year.

GE Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, January 26th. Stockholders of record on Monday, December 29th were issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, December 29th. GE Aerospace’s payout ratio is currently 17.69%.

Insider Buying and Selling

In related news, VP Robert M. Giglietti sold 3,035 shares of the stock in a transaction on Friday, January 30th. The stock was sold at an average price of $305.51, for a total transaction of $927,222.85. Following the completion of the sale, the vice president directly owned 10,583 shares in the company, valued at approximately $3,233,212.33. This trade represents a 22.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Amy L. Gowder sold 4,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $305.73, for a total value of $1,222,920.00. Following the completion of the transaction, the senior vice president owned 16,535 shares in the company, valued at $5,055,245.55. This trade represents a 19.48% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 45,398 shares of company stock worth $13,837,171. Corporate insiders own 0.21% of the company’s stock.

Institutional Investors Weigh In On GE Aerospace

Large investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in GE Aerospace by 25.3% in the fourth quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock valued at $2,003,000 after acquiring an additional 2,421 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of GE Aerospace by 7.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock worth $375,000 after purchasing an additional 150 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in shares of GE Aerospace by 4.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock valued at $1,116,000 after purchasing an additional 191 shares in the last quarter. PDS Planning Inc lifted its stake in shares of GE Aerospace by 18.8% in the 2nd quarter. PDS Planning Inc now owns 8,370 shares of the company’s stock valued at $2,154,000 after purchasing an additional 1,322 shares during the last quarter. Finally, VanderPol Investments L.L.C. acquired a new stake in shares of GE Aerospace in the 2nd quarter valued at $203,000. Institutional investors own 74.77% of the company’s stock.

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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