GE Aerospace (NYSE:GE) Stock Price Down 1.3% – Should You Sell?

GE Aerospace (NYSE:GE)’s stock price traded down 1.3% on Thursday . The stock traded as low as $359.55 and last traded at $360.7040. Approximately 2,685,270 shares traded hands during trading, a decline of 50% from the average session volume of 5,347,340 shares. The stock had previously closed at $365.33.

Wall Street Analysts Forecast Growth

Several research firms have commented on GE. Jefferies Financial Group lifted their price objective on shares of GE Aerospace from $365.00 to $455.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Citigroup reissued a “buy” rating and issued a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. The Goldman Sachs Group restated a “buy” rating and issued a $410.00 target price on shares of GE Aerospace in a report on Monday, July 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $450.00 price target on shares of GE Aerospace in a research note on Monday, July 27th. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $390.00 price objective on shares of GE Aerospace in a research report on Monday, July 20th. Sixteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus price target of $390.59.

GE Aerospace Trading Down 1.3%

The stock has a fifty day moving average of $356.56 and a 200-day moving average of $323.94. The company has a market cap of $374.25 billion, a PE ratio of 42.49, a PEG ratio of 2.69 and a beta of 1.36. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98.

GE Aerospace (NYSE:GE) last released its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The business had revenue of $12.63 billion for the quarter, compared to analyst estimates of $11.87 billion. During the same quarter last year, the firm posted $1.66 earnings per share. The business’s revenue was up 21.1% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Sell-side analysts anticipate that GE Aerospace will post 7.91 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

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

Insider Transactions at GE Aerospace

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 directly 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.19% of the stock is currently owned by company insiders.

Institutional Trading of GE Aerospace

Several institutional investors and hedge funds have recently modified their holdings of the stock. Blueline Advisors LLC purchased a new position in GE Aerospace during the 4th quarter worth $25,000. Ankerstar Wealth LLC purchased a new stake in shares of GE Aerospace in the 4th quarter worth $31,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace in the 4th quarter worth $32,000. Paladin Partners LLC bought a new position in shares of GE Aerospace during the 2nd quarter worth $38,000. Finally, Lifetime Wealth Management P.C. bought a new position in shares of GE Aerospace during the 4th quarter worth $40,000. Institutional investors own 74.77% of the company’s stock.

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.