GE Aerospace (NYSE:GE) Receives $348.22 Average PT from Analysts

Shares of GE Aerospace (NYSE:GE) have been assigned a consensus rating of “Moderate Buy” from the twenty research firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $348.2222.

A number of analysts have commented on GE shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $355.00 price objective on shares of GE Aerospace in a report on Wednesday, May 20th. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Zacks Research downgraded shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Morgan Stanley cut their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Finally, Seaport Research Partners started coverage on shares of GE Aerospace in a report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price objective for the company.

Institutional Trading of GE Aerospace

A number of hedge funds and other institutional investors have recently made changes to their positions in GE. Allworth Financial LP lifted its holdings in shares of GE Aerospace by 7.6% in the fourth quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock valued at $23,677,000 after purchasing an additional 5,434 shares in the last quarter. Dara Capital US Inc. purchased a new stake in shares of GE Aerospace in the fourth quarter valued at about $2,527,000. NewEdge Wealth LLC lifted its holdings in shares of GE Aerospace by 92.2% in the fourth quarter. NewEdge Wealth LLC now owns 20,142 shares of the company’s stock valued at $6,204,000 after purchasing an additional 9,663 shares in the last quarter. Orion Porfolio Solutions LLC lifted its holdings in shares of GE Aerospace by 11.0% in the third quarter. Orion Porfolio Solutions LLC now owns 68,266 shares of the company’s stock valued at $20,536,000 after purchasing an additional 6,747 shares in the last quarter. Finally, CenterBook Partners LP lifted its holdings in shares of GE Aerospace by 892.6% in the fourth quarter. CenterBook Partners LP now owns 49,788 shares of the company’s stock valued at $15,336,000 after purchasing an additional 44,772 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Trading Up 0.5%

Shares of GE Aerospace stock opened at $358.77 on Friday. The firm has a market capitalization of $374.32 billion, a PE ratio of 44.18, a P/E/G ratio of 3.16 and a beta of 1.37. GE Aerospace has a twelve month low of $236.51 and a twelve month high of $364.70. The firm’s 50-day moving average price is $308.70 and its 200 day moving average price is $309.03. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99.

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

About GE Aerospace

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.