GE Aerospace (NYSE:GE) Price Target Raised to $435.00

GE Aerospace (NYSE:GEFree Report) had its target price upped by UBS Group from $426.00 to $435.00 in a research report sent to investors on Friday morning, MarketBeat Ratings reports. The firm currently has a buy rating on the stock.

Other equities analysts also recently issued research reports about the stock. Sanford C. Bernstein reiterated an “outperform” rating on shares of GE Aerospace in a research note on Tuesday, July 14th. Jefferies Financial Group raised their price target on GE Aerospace from $365.00 to $455.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Citigroup reaffirmed a “buy” rating and set a $431.00 price target (up from $353.00) on shares of GE Aerospace in a report on Wednesday, July 1st. TD Cowen reaffirmed 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, Susquehanna reaffirmed a “positive” rating and set a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $370.33.

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GE Aerospace Stock Down 0.1%

Shares of GE Aerospace stock opened at $348.58 on Friday. GE Aerospace has a 52-week low of $254.66 and a 52-week high of $382.97. The company has a 50 day moving average of $336.31 and a 200 day moving average of $318.56. 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 capitalization of $361.67 billion, a P/E ratio of 41.06, a P/E/G ratio of 2.92 and a beta of 1.35.

GE Aerospace (NYSE:GEGet Free Report) last announced its quarterly earnings data on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The company had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $11.87 billion. During the same period in the prior year, the firm posted $1.66 EPS. The company’s quarterly revenue was up 21.1% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, research analysts forecast that GE Aerospace will post 7.93 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio (DPR) is currently 22.14%.

Hedge Funds Weigh In On GE Aerospace

Large investors have recently bought and sold shares of the stock. Blueline Advisors LLC acquired a new position in GE Aerospace during the fourth quarter worth approximately $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace in the fourth quarter valued at approximately $31,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace in the fourth quarter valued at approximately $32,000. Lifetime Wealth Management P.C. purchased a new position in shares of GE Aerospace during the fourth quarter worth approximately $40,000. Finally, Beaird Harris Wealth Management LLC grew its position in shares of GE Aerospace by 72.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after acquiring an additional 59 shares during the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

Key Stories Impacting GE Aerospace

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

GE Aerospace Company Profile

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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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