GE Aerospace (NYSE:GE) Shares Down 1.1% – Time to Sell?

GE Aerospace (NYSE:GE)’s stock price was down 1.1% during mid-day trading on Tuesday . The stock traded as low as $293.30 and last traded at $297.5050. Approximately 4,325,114 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 5,978,891 shares. The stock had previously closed at $300.77.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on GE shares. Citigroup decreased their target price on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft increased their target price on GE Aerospace from $375.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Wolfe Research increased their target price on GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Finally, JPMorgan Chase & Co. increased their target price on GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, GE Aerospace has a consensus rating of “Moderate Buy” and an average target price of $349.89.

GE Aerospace Price Performance

The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The company has a market cap of $310.40 billion, a PE ratio of 36.64, a P/E/G ratio of 2.76 and a beta of 1.36. The firm has a 50 day moving average of $301.25 and a two-hundred day moving average of $306.26.

GE Aerospace (NYSE:GE) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.26. The company had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts predict that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

Institutional Trading of GE Aerospace

Several institutional investors have recently added to or reduced their stakes in GE. Auto Owners Insurance Co boosted its stake in GE Aerospace by 52,247.5% during the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock valued at $2,024,413,000 after purchasing an additional 65,595,733 shares during the last quarter. Norges Bank purchased a new stake in GE Aerospace during the 4th quarter valued at $4,444,736,000. Jennison Associates LLC boosted its stake in GE Aerospace by 37.7% during the 1st quarter. Jennison Associates LLC now owns 11,026,006 shares of the company’s stock valued at $3,128,850,000 after purchasing an additional 3,017,937 shares during the last quarter. Capital World Investors boosted its stake in GE Aerospace by 16.2% during the 3rd quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock valued at $6,449,731,000 after purchasing an additional 2,995,054 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its stake in GE Aerospace by 382.1% during the 4th quarter. Corient Private Wealth LLC now owns 2,757,281 shares of the company’s stock valued at $849,325,000 after purchasing an additional 2,185,321 shares during the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

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.