GE Aerospace (NYSE:GE – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 6.000-6.200 for the period, compared to the consensus estimate of 5.900. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $350.00 price objective on shares of GE Aerospace in a report on Wednesday, October 8th. Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a research note on Sunday, September 21st. The Goldman Sachs Group upped their price target on GE Aerospace from $271.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, October 10th. Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group increased their target price on shares of GE Aerospace from $320.00 to $350.00 and gave the stock a “buy” rating in a research report on Monday, September 22nd. Fifteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $284.27.
Read Our Latest Analysis on GE Aerospace
GE Aerospace Stock Down 2.9%
GE Aerospace (NYSE:GE – Get Free Report) last posted its earnings results on Tuesday, October 21st. The company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.20. GE Aerospace had a return on equity of 33.81% and a net margin of 18.34%.The business had revenue of $11.31 billion during the quarter, compared to analyst estimates of $10.29 billion. During the same quarter last year, the firm earned $1.15 earnings per share. The company’s revenue for the quarter 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. Research analysts anticipate that GE Aerospace will post 5.4 EPS for the current fiscal year.
GE Aerospace Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 27th. Shareholders of record on Monday, September 29th will be given a $0.36 dividend. The ex-dividend date of this dividend is Monday, September 29th. This represents a $1.44 annualized dividend and a yield of 0.5%. GE Aerospace’s dividend payout ratio (DPR) is 19.23%.
Institutional Investors Weigh In On GE Aerospace
Large investors have recently added to or reduced their stakes in the company. Sivia Capital Partners LLC grew its holdings in GE Aerospace by 4.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock valued at $1,116,000 after purchasing an additional 191 shares in the last quarter. Brighton Jones LLC grew its stake in shares of GE Aerospace by 25.3% during the fourth quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock valued at $2,003,000 after acquiring an additional 2,421 shares in the last quarter. Diversify Advisory Services LLC grew its stake in shares of GE Aerospace by 83.7% during the second quarter. Diversify Advisory Services LLC now owns 2,392 shares of the company’s stock valued at $669,000 after acquiring an additional 1,090 shares in the last quarter. Gallagher Fiduciary Advisors LLC grew its stake in shares of GE Aerospace by 7.2% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,280 shares of the company’s stock valued at $587,000 after acquiring an additional 154 shares in the last quarter. Finally, Armistice Capital LLC acquired a new stake in GE Aerospace during the 2nd quarter valued at approximately $504,000. 74.77% of the stock is owned by institutional investors and hedge funds.
About GE Aerospace
GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.
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