Analysts Set GE Aerospace (NYSE:GE) Price Target at $348.22

Shares of GE Aerospace (NYSE:GE) have received a consensus rating of “Moderate Buy” from the twenty ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, sixteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $348.2222.

Several brokerages have recently commented on GE. BNP Paribas Exane cut their price target on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Wells Fargo & Company began coverage on GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target on the stock. Citigroup cut their price target on GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. JPMorgan Chase & Co. raised their price objective on GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a research report on Monday, January 26th. Finally, Jefferies Financial Group set a $365.00 price objective on GE Aerospace in a research report on Sunday, April 26th.

Institutional Investors Weigh In On GE Aerospace

A number of institutional investors have recently added to or reduced their stakes in the stock. WNY Asset Management LLC bought a new stake in GE Aerospace during the first quarter valued at about $689,000. Essential Partners LLC boosted its position in GE Aerospace by 4.0% during the first quarter. Essential Partners LLC now owns 11,199 shares of the company’s stock valued at $3,178,000 after purchasing an additional 431 shares in the last quarter. Vestor Capital LLC boosted its position in GE Aerospace by 677.2% during the first quarter. Vestor Capital LLC now owns 40,825 shares of the company’s stock valued at $11,585,000 after purchasing an additional 35,572 shares in the last quarter. J. Derek Lewis & Associates Inc. bought a new stake in GE Aerospace during the first quarter valued at about $400,000. Finally, BankChampaign National Association bought a new stake in GE Aerospace during the first quarter valued at about $704,000. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Performance

Shares of GE Aerospace stock opened at $302.13 on Monday. The firm has a market cap of $315.22 billion, a P/E ratio of 37.21, a P/E/G ratio of 2.81 and a beta of 1.36. 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 has a 12 month low of $228.01 and a 12 month high of $348.48. The stock’s fifty day moving average price is $294.35 and its 200-day moving average price is $305.33.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate 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 return on equity of 37.99% and a net margin of 17.86%.The business’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities research analysts expect that GE Aerospace will post 7.46 earnings per share 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.