GE Aerospace (NYSE:GE) Reaches New 1-Year High – Here’s What Happened

GE Aerospace (NYSE:GE)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $348.90 and last traded at $345.9360, with a volume of 924607 shares changing hands. The stock had previously closed at $335.30.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on GE. Wells Fargo & Company began coverage on shares of GE Aerospace in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 target price for the company. BNP Paribas Exane reduced their target price on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. President Capital reduced their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Seaport Research Partners began coverage on shares of GE Aerospace in a research note on Tuesday, May 26th. They issued a “buy” rating and a $375.00 target price for the company. Finally, Daiwa Securities Group began coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $348.22.

GE Aerospace Price Performance

The stock’s 50 day moving average price is $303.27 and its two-hundred day moving average price is $307.45. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The firm has a market capitalization of $359.90 billion, a price-to-earnings ratio of 42.47, a PEG ratio of 2.97 and a beta of 1.37.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. During the same period in the previous year, the company earned $1.49 earnings per share. GE Aerospace’s revenue for the quarter was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities research analysts anticipate that GE Aerospace will post 7.48 EPS for the current year.

Institutional Trading of GE Aerospace

A number of institutional investors and hedge funds have recently modified their holdings of the company. S&A Financial Services Inc. acquired a new stake in shares of GE Aerospace in the first quarter worth $230,000. LFG Wealth Partners LLC lifted its holdings in shares of GE Aerospace by 4.8% during the first quarter. LFG Wealth Partners LLC now owns 2,794 shares of the company’s stock worth $793,000 after buying an additional 129 shares during the last quarter. Wealthquest Corp lifted its holdings in shares of GE Aerospace by 4.1% during the first quarter. Wealthquest Corp now owns 5,417 shares of the company’s stock worth $1,537,000 after buying an additional 211 shares during the last quarter. DV Trading LLC lifted its holdings in shares of GE Aerospace by 990.9% during the first quarter. DV Trading LLC now owns 1,320 shares of the company’s stock worth $375,000 after buying an additional 1,199 shares during the last quarter. Finally, Parallel Advisors LLC lifted its holdings in shares of GE Aerospace by 6.6% during the first quarter. Parallel Advisors LLC now owns 20,231 shares of the company’s stock worth $5,741,000 after buying an additional 1,260 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

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.