GE Aerospace (NYSE:GE) Reaches New 12-Month High After Analyst Upgrade

Shares of GE Aerospace (NYSE:GE) reached a new 52-week high on Thursday after Jefferies Financial Group raised their price target on the stock from $365.00 to $455.00. Jefferies Financial Group currently has a buy rating on the stock. GE Aerospace traded as high as $381.89 and last traded at $379.8970, with a volume of 225119 shares trading hands. The stock had previously closed at $374.94.

Several other research analysts have also recently issued reports on GE. UBS Group decreased their target price on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. TD Cowen cut their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Daiwa Securities Group started coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price target for the company. Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $355.00 price objective on shares of GE Aerospace in a research report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $357.56.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. High Falls Advisors Inc raised its stake in GE Aerospace by 3.0% during the 4th quarter. High Falls Advisors Inc now owns 1,069 shares of the company’s stock valued at $329,000 after buying an additional 31 shares during the last quarter. Wolff Wiese Magana LLC increased its position in GE Aerospace by 1.0% during the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock valued at $1,070,000 after acquiring an additional 33 shares during the last quarter. Montz Harcus Wealth Management LLC lifted its holdings in GE Aerospace by 3.6% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock valued at $292,000 after acquiring an additional 33 shares during the period. Darwin Wealth Management LLC boosted its position in GE Aerospace by 2.0% in the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock worth $523,000 after purchasing an additional 33 shares during the last quarter. Finally, LRI Investments LLC grew its stake in shares of GE Aerospace by 1.4% during the 4th quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock valued at $736,000 after purchasing an additional 33 shares during the period. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Up 1.9%

The stock has a market cap of $398.63 billion, a PE ratio of 47.08, a price-to-earnings-growth ratio of 3.31 and a beta of 1.35. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The company’s 50-day moving average price is $319.00 and its 200 day moving average price is $314.03.

GE Aerospace (NYSE:GE) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same period in the previous year, the business posted $1.49 earnings per share. The firm’s quarterly revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, analysts forecast that GE Aerospace will post 7.48 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 6th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio is presently 23.15%.

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.