JPMorgan Chase & Co. Issues Positive Forecast for GE Aerospace (NYSE:GE) Stock Price

GE Aerospace (NYSE:GEFree Report) had its price target boosted by JPMorgan Chase & Co. from $335.00 to $400.00 in a research report sent to investors on Monday,Benzinga reports. They currently have an overweight rating on the stock.

Other equities analysts have also issued research reports about the company. Citigroup restated 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. UBS Group boosted their price target on GE Aerospace from $426.00 to $435.00 and gave the company a “buy” rating in a research note on Friday. Seaport Research Partners assumed coverage on GE Aerospace in a report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price objective on the stock. BNP Paribas Exane cut their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a report on Thursday, May 14th. Finally, Daiwa Securities Group initiated coverage on GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective for the company. Seventeen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $380.89.

View Our Latest Stock Analysis on GE Aerospace

GE Aerospace Trading Down 2.1%

Shares of GE Aerospace stock opened at $341.41 on Monday. The firm’s 50 day simple moving average is $337.12 and its two-hundred day simple moving average is $318.77. The firm has a market capitalization of $354.23 billion, a price-to-earnings ratio of 40.21, a PEG ratio of 2.92 and a beta of 1.35. GE Aerospace has a 12-month low of $254.66 and a 12-month high of $382.97. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96.

GE Aerospace (NYSE:GEGet Free Report) last posted its quarterly earnings data on Thursday, July 16th. The company reported $2.02 EPS for the quarter, topping the consensus estimate of $1.86 by $0.16. The business had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The business’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.66 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Analysts predict that GE Aerospace will post 7.93 EPS for the current year.

GE Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be paid a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. GE Aerospace’s dividend payout ratio (DPR) is presently 22.14%.

Hedge Funds Weigh In On GE Aerospace

Several large investors have recently made changes to their positions in the company. Ballast Inc. boosted its holdings in GE Aerospace by 134.0% during the second quarter. Ballast Inc. now owns 1,942 shares of the company’s stock worth $726,000 after buying an additional 1,112 shares in the last quarter. Buska Wealth Management LLC acquired a new stake in GE Aerospace during the second quarter valued at $204,000. Annex Advisory Services LLC increased its holdings in GE Aerospace by 5.9% in the second quarter. Annex Advisory Services LLC now owns 5,373 shares of the company’s stock valued at $2,008,000 after buying an additional 300 shares in the last quarter. Insight Wealth Strategies LLC increased its holdings in GE Aerospace by 8.6% in the second quarter. Insight Wealth Strategies LLC now owns 1,355 shares of the company’s stock valued at $508,000 after buying an additional 107 shares in the last quarter. Finally, West Branch Capital LLC raised its position in shares of GE Aerospace by 1.7% in the second quarter. West Branch Capital LLC now owns 10,948 shares of the company’s stock worth $4,091,000 after acquiring an additional 182 shares during the period. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace News Roundup

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

GE Aerospace Company Profile

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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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