GE Aerospace (NYSE:GE) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of GE Aerospace (NYSE:GEFree Report) from a hold rating to a buy rating in a research note issued to investors on Sunday.

Several other research analysts also recently commented on GE. Wolfe Research lifted their price target on shares of GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. Susquehanna reiterated a “positive” rating and issued a $380.00 target price on shares of GE Aerospace in a research report on Thursday, January 15th. Sanford C. Bernstein boosted their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 3rd. Finally, UBS Group set a $374.00 price target on shares of GE Aerospace and gave the company a “buy” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $350.88.

Read Our Latest Research Report on GE Aerospace

GE Aerospace Trading Up 0.2%

NYSE GE opened at $304.66 on Friday. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.00. The stock’s 50-day simple moving average is $311.62 and its two-hundred day simple moving average is $307.13. GE Aerospace has a twelve month low of $176.02 and a twelve month high of $348.48. The company has a market capitalization of $319.53 billion, a price-to-earnings ratio of 37.43, a PEG ratio of 2.83 and a beta of 1.43.

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

GE Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Stockholders of record on Monday, March 9th will be issued a $0.47 dividend. This is a positive change from GE Aerospace’s previous quarterly dividend of $0.36. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, March 9th. GE Aerospace’s dividend payout ratio (DPR) is 23.10%.

Insider Buying and Selling

In related news, SVP Amy L. Gowder sold 4,000 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $305.73, for a total transaction of $1,222,920.00. Following the completion of the sale, the senior vice president directly owned 16,535 shares in the company, valued at $5,055,245.55. This represents a 19.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Russell Stokes sold 30,363 shares of the stock in a transaction on Friday, January 30th. The shares were 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 $46,103,507.98. The trade was 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 over the last three months. 0.19% of the stock is owned by company insiders.

Institutional Trading of GE Aerospace

A number of institutional investors have recently modified their holdings of the company. REAP Financial Group LLC purchased a new stake in GE Aerospace in the 3rd quarter worth approximately $25,000. Blueline Advisors LLC purchased a new position in shares of GE Aerospace during the fourth quarter valued at approximately $25,000. Marquette Asset Management LLC purchased a new position in shares of GE Aerospace during the third quarter valued at approximately $26,000. Barnes Dennig Private Wealth Management LLC raised its holdings in shares of GE Aerospace by 147.2% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 89 shares of the company’s stock valued at $27,000 after acquiring an additional 53 shares in the last quarter. Finally, Roble Belko & Company Inc raised its holdings in shares of GE Aerospace by 98.1% during the third quarter. Roble Belko & Company Inc now owns 103 shares of the company’s stock valued at $31,000 after acquiring an additional 51 shares in the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

Key GE Aerospace News

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

GE Aerospace Company Profile

(Get Free Report)

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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