GE Aerospace (NYSE:GE) Stock Price Expected to Rise, TD Cowen Analyst Says

GE Aerospace (NYSE:GE) had its price objective hoisted by stock analysts at TD Cowen from $330.00 to $350.00 in a research report issued on Wednesday,MarketScreener reports. The firm currently has a “buy” rating on the stock. TD Cowen’s price objective would indicate a potential upside of 9.46% from the company’s current price.

A number of other research analysts have also recently weighed in on GE. BNP Paribas Exane began coverage on GE Aerospace in a research report on Tuesday, November 18th. They set an “underperform” rating on the stock. Wolfe Research raised their target price on shares of GE Aerospace from $280.00 to $330.00 and gave the stock an “outperform” rating in a research note on Thursday, October 9th. The Goldman Sachs Group lifted their price target on shares of GE Aerospace from $271.00 to $305.00 and gave the company a “buy” rating in a report on Friday, October 10th. BNP Paribas upgraded shares of GE Aerospace to a “strong sell” rating in a research report on Tuesday, November 18th. Finally, Bank of America raised their price objective on shares of GE Aerospace from $310.00 to $365.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Sixteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $314.00.

GE Aerospace Trading Up 0.3%

NYSE:GE opened at $319.75 on Wednesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.08 and a quick ratio of 0.76. The firm has a market capitalization of $337.28 billion, a price-to-earnings ratio of 42.69, a price-to-earnings-growth ratio of 2.18 and a beta of 1.40. GE Aerospace has a one year low of $159.36 and a one year high of $332.79. The business has a fifty day moving average price of $304.62 and a 200-day moving average price of $289.53.

GE Aerospace (NYSE:GE) last released its earnings results on Tuesday, October 21st. The company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.20. GE Aerospace had a return on equity of 34.01% and a net margin of 18.34%.The company had revenue of $11.31 billion for the quarter, compared to the consensus estimate of $10.29 billion. During the same period in the previous year, the business earned $1.15 earnings per share. GE Aerospace’s quarterly revenue was up 26.4% compared to the same quarter last year. GE Aerospace has set its FY 2025 guidance at 6.000-6.200 EPS. Sell-side analysts forecast that GE Aerospace will post 5.4 EPS for the current year.

Insider Activity at GE Aerospace

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

Hedge Funds Weigh In On GE Aerospace

A number of institutional investors and hedge funds have recently made changes to their positions in GE. Bare Financial Services Inc increased its stake in GE Aerospace by 81.1% during the second quarter. Bare Financial Services Inc now owns 96 shares of the company’s stock worth $25,000 after acquiring an additional 43 shares during the last quarter. REAP Financial Group LLC bought a new stake in shares of GE Aerospace in the 3rd quarter valued at approximately $25,000. Marquette Asset Management LLC purchased a new position in shares of GE Aerospace in the 3rd quarter worth approximately $26,000. Lavaca Capital LLC increased its position in shares of GE Aerospace by 1,666.7% during the 2nd quarter. Lavaca Capital LLC now owns 106 shares of the company’s stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC increased its position in shares of GE Aerospace by 147.2% during the 3rd 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 last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

GE Aerospace News Roundup

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: Wolfe Research raised its price target on GE Aerospace to $360 and kept an “outperform” rating, signaling analyst confidence and providing near-term upside support. Wolfe Research adjusts GE Aerospace price target to 360 from 340; maintains outperform rating (MarketScreener)
• Positive Sentiment: TD Cowen also raised its target to $350 and kept a “buy” rating, reinforcing upward analyst momentum that likely contributed to the stock move. TD Cowen adjusts price target on GE Aerospace to $350 from $330; maintains buy rating (MarketScreener)
• Positive Sentiment: GE promoted Mohamed Ali to head an expanded Commercial Engines & Services unit, signaling organizational focus on commercial engine growth and potentially improving execution. GE Aerospace expands commercial engines division, appoints Mohamed Ali as chief (FlightGlobal)
• Positive Sentiment: GE and Lockheed completed tests of a rotating-detonation ramjet for hypersonic weapons — a technology milestone that supports GE’s defense pipeline and could lead to future contracts. GE and Lockheed test new rotating detonation ramjet for hypersonic weapons (FlightGlobal)
• Neutral Sentiment: GE is scheduled to report earnings this week, which is a near-term catalyst; results and guidance will be closely watched. GE Aerospace (GE) Expected to Announce Earnings on Thursday (AmericanBankingNews)
• Neutral Sentiment: Various bullish commentaries and write-ups (e.g., a bull-case article) are circulating and may support investor sentiment, but they are opinion pieces rather than new company developments. GE Aerospace (GE): A Bull Case Theory (InsiderMonkey)
• Negative Sentiment: Citigroup published a note lowering its price target to $378 (despite still being above the current price), which signals differing analyst views and could cap upside. Citigroup Lowers GE Aerospace (NYSE:GE) Price Target to $378.00 (AmericanBankingNews)
• Negative Sentiment: A Zacks preview warned GE may lack the right setup for an earnings beat, highlighting execution/expectation risk ahead of results. GE Aerospace (GE) Earnings Expected to Grow: Should You Buy? (Zacks)

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.