GE Aerospace (NYSE:GE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of GE Aerospace (NYSE:GE) have been given an average recommendation of “Moderate Buy” by the twenty analysts that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and sixteen have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $309.9375.

Several brokerages have issued reports on GE. Wolfe Research upped their target price on GE Aerospace from $280.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, October 9th. Citigroup began coverage on shares of GE Aerospace in a research report on Thursday, December 11th. They set a “buy” rating and a $386.00 price target on the stock. JPMorgan Chase & Co. raised their price objective on shares of GE Aerospace from $275.00 to $325.00 and gave the stock an “overweight” rating in a research report on Monday, October 27th. Royal Bank Of Canada lifted their target price on shares of GE Aerospace from $300.00 to $340.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Finally, Zacks Research lowered shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th.

Insider Transactions at GE Aerospace

In other GE Aerospace news, SVP Russell Stokes sold 8,000 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $297.71, for a total transaction of $2,381,680.00. Following the completion of the sale, the senior vice president owned 150,434 shares of the company’s stock, valued at $44,785,706.14. This trade represents a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.21% of the stock is currently owned by company insiders.

Institutional Trading of GE Aerospace

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bare Financial Services Inc increased its stake in GE Aerospace by 81.1% during the 2nd quarter. Bare Financial Services Inc now owns 96 shares of the company’s stock worth $25,000 after buying an additional 43 shares during the period. REAP Financial Group LLC purchased a new stake in shares of GE Aerospace during the third quarter worth $25,000. Marquette Asset Management LLC purchased a new stake in shares of GE Aerospace during the third quarter worth $26,000. Lavaca Capital LLC raised its stake in shares of GE Aerospace by 1,666.7% in the second quarter. Lavaca Capital LLC now owns 106 shares of the company’s stock valued at $27,000 after acquiring an additional 100 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC boosted its holdings in GE Aerospace by 147.2% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 89 shares of the company’s stock valued at $27,000 after purchasing an additional 53 shares during the period. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

GE Aerospace Stock Performance

GE opened at $324.18 on Tuesday. The firm has a market capitalization of $341.95 billion, a PE ratio of 43.28, a PEG ratio of 2.20 and a beta of 1.40. GE Aerospace has a twelve month low of $159.36 and a twelve month high of $332.79. The firm’s 50-day moving average price is $303.59 and its 200 day moving average price is $288.60. The company has a current ratio of 1.08, a quick ratio of 0.76 and a debt-to-equity ratio of 0.99.

GE Aerospace (NYSE:GE) last released its quarterly earnings data on Tuesday, October 21st. The company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.20. The company had revenue of $11.31 billion during the quarter, compared to the consensus estimate of $10.29 billion. GE Aerospace had a net margin of 18.34% and a return on equity of 34.01%. GE Aerospace’s quarterly revenue was up 26.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.15 EPS. GE Aerospace has set its FY 2025 guidance at 6.000-6.200 EPS. As a group, sell-side analysts expect that GE Aerospace will post 5.4 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 26th. Investors of record on Monday, December 29th will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, December 29th. GE Aerospace’s dividend payout ratio is presently 19.23%.

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.