GE Aerospace (NYSE:GE) Stock Price Down 1.1% – What’s Next?

GE Aerospace (NYSE:GE) shares fell 1.1% during mid-day trading on Monday . The stock traded as low as $364.84 and last traded at $365.98. 2,944,567 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 5,405,230 shares. The stock had previously closed at $370.08.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on GE. Morgan Stanley cut their price target on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Citigroup reiterated a “buy” rating and set a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Sanford C. Bernstein set a $421.00 price target on shares of GE Aerospace and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Finally, Weiss Ratings upgraded shares of GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Sixteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, GE Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $390.59.

GE Aerospace Trading Down 0.4%

The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The firm has a fifty day simple moving average of $355.58 and a 200-day simple moving average of $323.44. The firm has a market cap of $380.48 billion, a P/E ratio of 43.19, a price-to-earnings-growth ratio of 2.68 and a beta of 1.36.

GE Aerospace (NYSE:GE) last released its quarterly earnings data on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The firm had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. During the same quarter in the previous year, the company posted $1.66 earnings per share. The company’s quarterly revenue was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, equities research analysts expect that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, July 6th. GE Aerospace’s payout ratio is 22.14%.

Insiders Place Their Bets

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $353.71, for a total value of $2,863,636.16. Following the transaction, the senior vice president directly owned 20,666 shares of the company’s stock, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.19% of the company’s stock.

Institutional Investors Weigh In On GE Aerospace

Several hedge funds and other institutional investors have recently made changes to their positions in GE. Blueline Advisors LLC bought a new stake in GE Aerospace during the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC bought a new position in shares of GE Aerospace in the fourth quarter valued at approximately $31,000. Paladin Partners LLC purchased a new position in shares of GE Aerospace during the second quarter valued at approximately $38,000. Tucker Asset Management LLC purchased a new position in shares of GE Aerospace during the fourth quarter valued at approximately $32,000. Finally, Burkett Financial Services LLC grew its holdings in GE Aerospace by 28.9% during the second quarter. Burkett Financial Services LLC now owns 125 shares of the company’s stock worth $47,000 after buying an additional 28 shares in the last quarter. 74.77% of the stock is owned by institutional investors.

GE Aerospace Company Profile

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.