Brokerages Set GE Aerospace (NYSE:GE) Price Target at $390.59

GE Aerospace (NYSE:GE) has been assigned a consensus rating of “Moderate Buy” from the nineteen analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and sixteen have given a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $390.5882.

GE has been the subject of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating and set a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. BNP Paribas Exane decreased their price objective on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Sanford C. Bernstein set a $421.00 price objective on shares of GE Aerospace and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. TD Cowen reiterated a “buy” rating and issued a $380.00 target price (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $450.00 price target on shares of GE Aerospace in a report on Monday, July 27th.

Insider Activity

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the sale, the senior vice president owned 20,666 shares of the company’s stock, valued at $7,309,770.86. The trade was a 28.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.19% of the company’s stock.

Hedge Funds Weigh In On GE Aerospace

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Burkett Financial Services LLC grew its stake in GE Aerospace by 28.9% in the 2nd quarter. Burkett Financial Services LLC now owns 125 shares of the company’s stock valued at $47,000 after acquiring an additional 28 shares during the period. High Falls Advisors Inc raised its position in GE Aerospace by 3.0% during the fourth quarter. High Falls Advisors Inc now owns 1,069 shares of the company’s stock worth $329,000 after acquiring an additional 31 shares during the period. Gradient Investments LLC raised its position in GE Aerospace by 4.4% during the second quarter. Gradient Investments LLC now owns 765 shares of the company’s stock worth $286,000 after acquiring an additional 32 shares during the period. Darwin Wealth Management LLC lifted its holdings in GE Aerospace by 2.0% during the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock valued at $523,000 after purchasing an additional 33 shares in the last quarter. Finally, Montz Harcus Wealth Management LLC lifted its holdings in GE Aerospace by 3.6% during the fourth quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock valued at $292,000 after purchasing an additional 33 shares in the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

GE Aerospace Trading Up 2.7%

Shares of NYSE:GE opened at $369.63 on Friday. The company’s 50-day moving average price is $349.22 and its two-hundred day moving average price is $321.22. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. GE Aerospace has a one year low of $263.80 and a one year high of $382.97. The stock has a market capitalization of $383.51 billion, a PE ratio of 43.54, a price-to-earnings-growth ratio of 2.63 and a beta of 1.36.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.16. The company had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.GE Aerospace’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, equities analysts forecast that GE Aerospace will post 7.91 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were given a dividend of $0.47 per share. The ex-dividend date was Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.5%. GE Aerospace’s dividend payout ratio (DPR) is presently 22.14%.

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.