GE Aerospace (NYSE:GE – Get Free Report)’s share price rose 1.4% during trading on Tuesday. The stock traded as high as $323.00 and last traded at $320.2710. Approximately 4,781,705 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 5,131,612 shares. The stock had previously closed at $315.78.
More GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE and Safran’s CFM International joint venture reported strong LEAP demand, including agreements for more than 1,000 LEAP-1A engines for IndiGo and more than 300 LEAP-1B engines for Turkish Airlines. Continued airline fleet renewal and air-traffic growth could support GE’s commercial engine and services revenue. GE’s Commercial Engines Segment Gains Momentum: Can It Sustain?
- Positive Sentiment: GE secured orders for LM2500 marine gas turbines to power next-generation Arleigh Burke Flight III destroyers, adding military-program demand alongside its commercial engine business. GE Aerospace secures LM2500 orders for destroyers
- Positive Sentiment: A Jefferies analysis sees about 41% potential upside, despite GE’s October decline. The article also cites the company’s earnings beat and higher 2026 guidance as supportive factors for the investment case. Jefferies still sees 41% upside
- Neutral Sentiment: Boeing’s aircraft delivery delays could support demand for maintenance on older engines, but may also delay GE’s new-engine deliveries. The net effect on GE depends on which impact proves stronger. Jefferies still sees 41% upside
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the company. Vertical Research reaffirmed a “buy” rating and set a $400.00 target price on shares of GE Aerospace in a research report on Tuesday, October 20th. Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, October 15th. UBS Group reissued a “buy” rating and issued a $380.00 price target (up from $377.00) on shares of GE Aerospace in a research report on Wednesday, October 21st. Sanford C. Bernstein set a $376.00 price objective on GE Aerospace in a research note on Friday, October 23rd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $410.00 price objective on shares of GE Aerospace in a report on Monday, July 20th. Sixteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $373.45.
View Our Latest Stock Report on GE Aerospace
GE Aerospace Stock Up 1.4%
The company has a current ratio of 0.98, a quick ratio of 0.68 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $330.95 billion, a P/E ratio of 36.94, a P/E/G ratio of 2.05 and a beta of 1.38. The stock’s 50-day simple moving average is $316.70 and its 200-day simple moving average is $323.07.
GE Aerospace (NYSE:GE – Get Free Report) last posted its earnings results on Tuesday, October 20th. The company reported $2.25 EPS for the quarter, topping the consensus estimate of $2.01 by $0.24. GE Aerospace had a net margin of 17.31% and a return on equity of 44.43%. The firm had revenue of $13.29 billion for the quarter, compared to analysts’ expectations of $12.88 billion. During the same quarter last year, the firm earned $1.66 EPS. The company’s quarterly revenue was up 24.7% compared to the same quarter last year. As a group, research analysts predict that GE Aerospace will post 8.16 earnings per share for the current fiscal year.
GE Aerospace Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, October 26th. Investors of record on Monday, October 5th were given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, October 5th. GE Aerospace’s dividend payout ratio (DPR) is presently 21.68%.
Institutional Trading of GE Aerospace
Hedge funds have recently bought and sold shares of the business. GK Wealth Management LLC bought a new stake in shares of GE Aerospace during the 3rd quarter worth $25,000. Clark Wealth Partners grew its position in GE Aerospace by 70.1% during the third quarter. Clark Wealth Partners now owns 114 shares of the company’s stock valued at $36,000 after buying an additional 47 shares during the period. Paladin Partners LLC bought a new position in GE Aerospace during the second quarter valued at about $38,000. Parvin Asset Management LLC bought a new position in GE Aerospace during the second quarter valued at about $41,000. Finally, Markowski Investments purchased a new stake in GE Aerospace during the second quarter worth about $46,000. 74.77% of the stock is currently owned by institutional investors.
About GE Aerospace
GE Aerospace (NYSE: GE) is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its products support commercial air transport, business and general aviation, military aircraft, and other defense applications. The company also provides engine components, avionics, mechanical systems, digital solutions and maintenance, repair and overhaul services.
GE Aerospace serves airlines, aircraft operators, leasing companies, airframers and government customers worldwide.
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