GE Aerospace (NYSE:GE – Free Report) had its target price boosted by TD Cowen from $330.00 to $350.00 in a research note published on Wednesday morning,MarketScreener reports. They currently have a buy rating on the stock.
A number of other equities research analysts have also issued reports on GE. UBS Group reiterated a “buy” rating and issued a $368.00 price target (up previously from $366.00) on shares of GE Aerospace in a research note on Thursday. Sanford C. Bernstein reiterated an “outperform” rating on shares of GE Aerospace in a research report on Monday, October 27th. Wolfe Research lifted their target price on GE Aerospace from $280.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, October 9th. Weiss Ratings restated a “buy (b)” rating on shares of GE Aerospace in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada increased their price objective on shares of GE Aerospace from $300.00 to $340.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Sixteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, GE Aerospace has a consensus rating of “Moderate Buy” and an average price target of $314.00.
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GE Aerospace Stock Performance
GE Aerospace (NYSE:GE – Get Free Report) last posted its quarterly earnings results on Tuesday, October 21st. The company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.20. The business had revenue of $11.31 billion during the quarter, compared to analyst estimates of $10.29 billion. GE Aerospace had a net margin of 18.34% and a return on equity of 34.01%. The company’s revenue was up 26.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.15 earnings per share. GE Aerospace has set its FY 2025 guidance at 6.000-6.200 EPS. Analysts expect that GE Aerospace will post 5.4 EPS for the current fiscal year.
GE Aerospace Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, January 26th. Investors of record on Monday, December 29th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.44 dividend on an annualized basis and a yield of 0.5%. GE Aerospace’s dividend payout ratio is presently 19.23%.
Insider Buying and Selling
In other GE Aerospace news, SVP Russell Stokes sold 8,000 shares of GE Aerospace stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $297.71, for a total value of $2,381,680.00. Following the completion of the transaction, the senior vice president directly owned 150,434 shares of the company’s stock, valued at $44,785,706.14. This trade represents a 5.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.21% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of GE Aerospace by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 91,989,511 shares of the company’s stock valued at $23,677,180,000 after purchasing an additional 1,482,069 shares during the last quarter. State Street Corp raised its holdings in GE Aerospace by 0.7% during the 3rd quarter. State Street Corp now owns 44,577,642 shares of the company’s stock valued at $13,425,562,000 after buying an additional 308,730 shares during the period. Geode Capital Management LLC lifted its position in GE Aerospace by 3.1% in the second quarter. Geode Capital Management LLC now owns 24,113,967 shares of the company’s stock worth $6,181,956,000 after buying an additional 724,559 shares during the last quarter. Capital World Investors lifted its position in GE Aerospace by 16.2% in the third quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock worth $6,449,731,000 after buying an additional 2,995,054 shares during the last quarter. Finally, Norges Bank purchased a new position in GE Aerospace during the second quarter worth $3,408,828,000. Institutional investors own 74.77% of the company’s stock.
GE Aerospace News Roundup
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE named veteran Mohamed Ali to lead an expanded Commercial Engines & Services unit — a move investors view as strengthening management and commercial services execution at a time of robust engine demand. GE Aerospace expands commercial engines division, appoints Mohamed Ali as chief
- Positive Sentiment: GE and Lockheed completed tests of a rotating-detonation ramjet for hypersonic weapons — technical progress that can improve GE’s defense backlog potential and long-term TAM in advanced propulsion. GE and Lockheed test new rotating detonation ramjet for hypersonic weapons
- Positive Sentiment: Market commentary includes bullish theses highlighting GE Aerospace’s strong free-cash-flow profile, services growth and defense exposure — narratives that can support investor appetite at current valuations. GE Aerospace (GE): A Bull Case Theory
- Neutral Sentiment: GE’s outreach on workforce development (University of Cincinnati Next Engineers program extension) and local PR items support long-term talent pipeline but are unlikely to move near-term earnings. University of Cincinnati and GE Aerospace Fuel Future Innovators Through Extended Next Engineers Program
- Neutral Sentiment: GE is scheduled to announce quarterly results soon — the earnings event is a key near-term catalyst that could amplify moves in either direction. GE Aerospace (GE) Expected to Announce Earnings on Thursday
- Negative Sentiment: Citigroup trimmed its price target for GE to $378, signaling some analyst caution on upside despite the shares still trading below that target — could temper rallies. Citigroup Lowers GE Aerospace (NYSE:GE) Price Target to $378.00
- Negative Sentiment: Zacks cautioned GE may lack the setup for an earnings beat in the upcoming report, which adds risk to near-term price action around the release. GE Aerospace (GE) Earnings Expected to Grow: Should You Buy?
GE Aerospace Company Profile
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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