GE Aerospace (NYSE:GE) Upgraded at Wells Fargo & Company

Wells Fargo & Company upgraded shares of GE Aerospace (NYSE:GEFree Report) to a strong-buy rating in a report published on Tuesday,Zacks.com reports.

GE has been the subject of several other research reports. UBS Group set a $374.00 price objective on shares of GE Aerospace and gave the stock a “buy” rating in a research note on Friday, January 23rd. Wall Street Zen upgraded shares of GE Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, March 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. The Goldman Sachs Group lifted their price target on shares of GE Aerospace from $338.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Finally, JPMorgan Chase & Co. boosted their price target on GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, GE Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $343.89.

View Our Latest Report on GE Aerospace

GE Aerospace Stock Performance

Shares of NYSE GE opened at $280.92 on Tuesday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.74. The firm has a market cap of $294.63 billion, a price-to-earnings ratio of 34.51, a P/E/G ratio of 2.70 and a beta of 1.43. The stock’s fifty day moving average price is $311.70 and its two-hundred day moving average price is $306.55. GE Aerospace has a one year low of $159.36 and a one year high of $348.48.

GE Aerospace (NYSE:GEGet Free Report) last posted its earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.14. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.The company had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $11.27 billion. During the same quarter last year, the firm earned $1.32 earnings per share. The company’s revenue was up 17.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities analysts forecast that GE Aerospace will post 5.4 EPS for the current year.

GE Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Monday, March 9th will be paid a dividend of $0.47 per share. The ex-dividend date is Monday, March 9th. This is a positive change from GE Aerospace’s previous quarterly dividend of $0.36. This represents a $1.88 dividend on an annualized basis and a yield of 0.7%. GE Aerospace’s dividend payout ratio is currently 23.10%.

Insider Buying and Selling at GE Aerospace

In other news, SVP Amy L. Gowder sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $305.73, for a total value of $1,222,920.00. Following the completion of the transaction, the senior vice president directly owned 16,535 shares in the company, valued at approximately $5,055,245.55. The trade was a 19.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Russell Stokes sold 30,363 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $306.47, for a total transaction of $9,305,348.61. Following the sale, the senior vice president directly owned 150,434 shares of the company’s stock, valued at approximately $46,103,507.98. This trade represents a 16.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 37,398 shares of company stock valued at $11,455,491 in the last ninety days. 0.19% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On GE Aerospace

A number of large investors have recently modified their holdings of the business. Forty three Eighteen Advisors LLC bought a new position in shares of GE Aerospace in the 4th quarter valued at $2,078,000. Rockefeller Capital Management L.P. lifted its position in shares of GE Aerospace by 18.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 521,787 shares of the company’s stock worth $160,726,000 after buying an additional 82,770 shares during the last quarter. Bank of New Hampshire lifted its position in shares of GE Aerospace by 0.3% during the 4th quarter. Bank of New Hampshire now owns 10,917 shares of the company’s stock worth $3,363,000 after buying an additional 38 shares during the last quarter. Osbon Capital Management LLC acquired a new stake in GE Aerospace in the fourth quarter valued at about $65,000. Finally, Lane Brothers & Co. Inc. acquired a new stake in GE Aerospace in the fourth quarter valued at about $379,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace News Summary

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

About GE Aerospace

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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.

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Analyst Recommendations for GE Aerospace (NYSE:GE)

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