GE Aerospace (NYSE:GE) Trading Up 4.7% – Should You Buy?

GE Aerospace (NYSE:GEGet Free Report)’s share price was up 4.7% on Friday . The company traded as high as $323.18 and last traded at $320.75. Approximately 5,713,510 shares were traded 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 Headlines Impacting GE Aerospace

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

Wall Street Analyst Weigh In

GE has been the subject of several analyst reports. Wolfe Research upped their price target on GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Weiss Ratings restated a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, January 22nd. JPMorgan Chase & Co. lifted their target price on shares of GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a report on Monday, January 26th. Bank of America boosted their price target on shares of GE Aerospace from $310.00 to $365.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Finally, Zacks Research upgraded shares of GE Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, GE Aerospace presently has a consensus rating of “Moderate Buy” and a consensus target price of $319.00.

Get Our Latest Research Report on GE

GE Aerospace Stock Up 4.7%

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 firm has a 50 day moving average price of $306.41 and a 200-day moving average price of $294.93. The firm has a market cap of $336.41 billion, a price-to-earnings ratio of 39.40, a P/E/G ratio of 2.85 and a beta of 1.40.

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

GE Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 26th. Investors of record on Monday, December 29th were paid a dividend of $0.36 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.4%. GE Aerospace’s dividend payout ratio (DPR) is presently 17.69%.

Insider Activity at GE Aerospace

In other GE Aerospace news, VP Robert M. Giglietti sold 3,035 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $305.51, for a total value of $927,222.85. Following the transaction, the vice president directly owned 10,583 shares in the company, valued at approximately $3,233,212.33. This represents a 22.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Russell Stokes sold 30,363 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $306.47, for a total transaction of $9,305,348.61. Following the completion of the transaction, the senior vice president directly owned 150,434 shares of the company’s stock, valued at approximately $46,103,507.98. This represents a 16.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 45,398 shares of company stock valued at $13,837,171. 0.21% of the stock is owned by insiders.

Hedge Funds Weigh In On GE Aerospace

A number of large investors have recently bought and sold shares of GE. New World Advisors LLC purchased a new stake in GE Aerospace during the fourth quarter valued at about $262,000. Advisory Alpha LLC raised its stake in shares of GE Aerospace by 9.8% during the fourth quarter. Advisory Alpha LLC now owns 5,985 shares of the company’s stock valued at $1,844,000 after purchasing an additional 533 shares during the period. Evoke Wealth LLC increased its stake in GE Aerospace by 8.2% during the 4th quarter. Evoke Wealth LLC now owns 8,136 shares of the company’s stock worth $2,509,000 after buying an additional 615 shares during the period. Bluegrass Capital Partners LP lifted its stake in shares of GE Aerospace by 6.9% in the fourth quarter. Bluegrass Capital Partners LP now owns 77,000 shares of the company’s stock worth $23,718,000 after acquiring an additional 5,000 shares in the last quarter. Finally, Ignite Planners LLC raised its position in shares of GE Aerospace by 45.1% in the 4th quarter. Ignite Planners LLC now owns 6,041 shares of the company’s stock valued at $1,853,000 after purchasing an additional 1,878 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

About GE Aerospace

(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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