GE Aerospace (NYSE:GE) Given Average Recommendation of “Moderate Buy” by Analysts

GE Aerospace (NYSE:GE) has received an average recommendation of “Moderate Buy” from the twenty analysts that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, sixteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $357.5556.

Several research firms have recently commented on GE. Morgan Stanley lowered their price target on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Zacks Research downgraded GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Citigroup reiterated a “buy” rating and set a $431.00 target price (up from $353.00) on shares of GE Aerospace in a report on Wednesday, July 1st. Wall Street Zen downgraded GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Weiss Ratings cut GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st.

Institutional Investors Weigh In On GE Aerospace

Several hedge funds have recently modified their holdings of GE. Blueline Advisors LLC acquired a new position in GE Aerospace in the 4th quarter valued at $25,000. Ankerstar Wealth LLC purchased a new stake in shares of GE Aerospace in the fourth quarter valued at $31,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace in the fourth quarter valued at $32,000. Burkett Financial Services LLC increased its stake in GE Aerospace by 28.9% in the second quarter. Burkett Financial Services LLC now owns 125 shares of the company’s stock valued at $47,000 after purchasing an additional 28 shares during the last quarter. Finally, Lifetime Wealth Management P.C. acquired a new position in GE Aerospace in the fourth quarter valued at $40,000. 74.77% of the stock is owned by institutional investors and hedge funds.

GE Aerospace Price Performance

GE traded down $13.53 during trading on Tuesday, reaching $365.15. 431,773 shares of the stock were exchanged, compared to its average volume of 5,681,046. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The company has a market capitalization of $380.98 billion, a price-to-earnings ratio of 44.90, a P/E/G ratio of 3.35 and a beta of 1.35. GE Aerospace has a 1 year low of $243.34 and a 1 year high of $382.97. The business’s 50 day moving average price is $322.83 and its two-hundred day moving average price is $315.11.

GE Aerospace (NYSE:GE) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.26. The business had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business’s revenue was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities research analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current year.

GE Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be paid a $0.47 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.5%. GE Aerospace’s payout ratio is presently 23.15%.

About GE Aerospace

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.