GE Aerospace (NYSE:GE) Shares Climb 2.9% – Here’s What Happened

Posted by Geri Gentry on Nov 6th, 2026

GE Aerospace (NYSE:GE – Get Free Report) shot up 2.9% on Wednesday. The company traded as high as $333.75 and last traded at $329.9120. 6,353,545 shares changed hands during mid-day trading, an increase of 23% from the average daily volume of 5,147,806 shares. The stock had previously closed at $320.67.

GE Aerospace News Summary

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

Positive Sentiment: GE Aerospace partnered with BETA Technologies on a hybrid-electric aircraft demonstration, marking progress in a new propulsion technology area. GE Aerospace partners with BETA Technologies
Positive Sentiment: GE is part of a team working on KC-135 modernization, adding a defense-program opportunity alongside its commercial aerospace business. SNC teams with BAE, Collins and GE for KC-135 modernization
Neutral Sentiment: Analyst coverage highlighted GE’s roughly $170 billion services backlog and generally favorable ratings, but also questioned whether the stock’s valuation already reflects much of its growth potential. GE Aerospace backlog and valuation analysis
Negative Sentiment: Vice President Robert Giglietti sold 14,796 shares, cutting his reported stake by about 42%. Insider sales can have many explanations, but may contribute to investor caution. GE Aerospace VP sells shares
Negative Sentiment: ETFs were reported as net sellers of GE shares, a sign of near-term fund outflows that could weigh on sentiment. ETFs are net sellers of General Electric

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on GE. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $378.00 target price on shares of GE Aerospace in a research report on Wednesday, October 21st. BNP Paribas Exane decreased their target price on GE Aerospace from $305.00 to $280.00 and set an “underperform” rating on the stock in a report on Wednesday, October 21st. Melius Research set a $350.00 target price on GE Aerospace and gave the stock a “hold” rating in a report on Monday, September 14th. Sanford C. Bernstein set a $376.00 target price on GE Aerospace in a research note on Friday, October 23rd. Finally, TD Cowen reaffirmed a “buy” rating and issued a $380.00 price target (up from $330.00) on shares of GE Aerospace in a report on Monday, July 13th. Sixteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $373.45.

Get Our Latest Analysis on GE Aerospace

GE Aerospace Stock Performance

The stock has a market cap of $334.33 billion, a price-to-earnings ratio of 37.32, a P/E/G ratio of 2.24 and a beta of 1.43. 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 fifty day simple moving average of $314.70 and a 200-day simple moving average of $323.12.

GE Aerospace (NYSE:GE – Get Free Report) last released its earnings results on Tuesday, October 20th. The company reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.24. The company had revenue of $13.29 billion during the quarter, compared to the consensus estimate of $12.88 billion. GE Aerospace had a return on equity of 44.43% and a net margin of 17.31%. The firm’s quarterly revenue was up 24.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.66 earnings per share. Analysts forecast that GE Aerospace will post 8.16 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 26th. Investors of record on Monday, October 5th were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 0.6%. The ex-dividend date was Monday, October 5th. GE Aerospace’s dividend payout ratio is currently 21.68%.

Insiders Place Their Bets

In other GE Aerospace news, VP Robert Giglietti sold 14,796 shares of the firm’s stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $332.54, for a total value of $4,920,261.84. Following the transaction, the vice president directly owned 20,201 shares of the company’s stock, valued at approximately $6,717,640.54. This trade represents a 42.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.19% of the stock is owned by corporate insiders.

Institutional Trading of GE Aerospace

Several institutional investors and hedge funds have recently made changes to their positions in GE. Financial Freedom LLC bought a new position in shares of GE Aerospace in the 3rd quarter valued at $116,000. Moors & Cabot Inc. lifted its position in shares of GE Aerospace by 4.2% during the 3rd quarter. Moors & Cabot Inc. now owns 16,375 shares of the company’s stock worth $5,114,000 after buying an additional 655 shares during the last quarter. Valmark Advisers Inc. lifted its position in shares of GE Aerospace by 9.4% during the 3rd quarter. Valmark Advisers Inc. now owns 11,320 shares of the company’s stock worth $3,535,000 after buying an additional 977 shares during the last quarter. William Blair Investment Management LLC lifted its position in shares of GE Aerospace by 8.1% during the 3rd quarter. William Blair Investment Management LLC now owns 854,907 shares of the company’s stock worth $266,979,000 after buying an additional 64,106 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in GE Aerospace by 13.3% in the third quarter. Allworth Financial LP now owns 64,438 shares of the company’s stock valued at $20,123,000 after buying an additional 7,548 shares in the last quarter. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Company Profile

(Get Free Report)

GE Aerospace (NYSE: GE) designs, manufactures and services engines and related systems for commercial and military aircraft. Its offerings include aircraft engines, components, avionics and other integrated systems, along with maintenance, repair and overhaul services and digital solutions that support aircraft operations.

The company serves airlines, aircraft manufacturers, governments and defense organizations around the world. Its business combines original equipment production with long-term aftermarket support, including parts and technical services for engines already in operation.

GE Aerospace traces its roots to General Electric’s aviation business, which developed over more than a century.