GE Aerospace (NYSE:GE) Stock Falls 1.2% – Should You Sell?

Shares of GE Aerospace (NYSE:GE) traded down 1.2% during trading on Monday. The stock traded as low as $305.36 and last traded at $305.7760. 5,208,611 shares were traded during trading, an increase of 2% from the average session volume of 5,129,477 shares. The stock had previously closed at $309.56.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on GE. The Goldman Sachs Group reiterated a “buy” rating and set a $410.00 target price on shares of GE Aerospace in a research report on Monday, July 20th. TD Cowen restated 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. UBS Group lifted their price target on shares of GE Aerospace from $426.00 to $435.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Sanford C. Bernstein reiterated an “outperform” rating on shares of GE Aerospace in a report on Wednesday, September 9th. Finally, JPMorgan Chase & Co. increased their price objective on shares of GE Aerospace from $335.00 to $400.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th. Sixteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $386.67.

GE Aerospace Stock Performance

The stock has a market cap of $321.14 billion, a price-to-earnings ratio of 36.46, a P/E/G ratio of 2.24 and a beta of 1.38. The company’s fifty day simple moving average is $339.25 and its two-hundred day simple moving average is $327.41. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. During the same period last year, the company earned $1.66 earnings per share. The business’s 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, analysts forecast that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th. Shareholders of record on Monday, October 5th will be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Monday, October 5th. GE Aerospace’s payout ratio is currently 22.14%.

Insider Activity at GE Aerospace

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

Institutional Investors Weigh In On GE Aerospace

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Nautilus Advisors LLC boosted its holdings in GE Aerospace by 5.2% during the 3rd quarter. Nautilus Advisors LLC now owns 724 shares of the company’s stock worth $226,000 after acquiring an additional 36 shares during the last quarter. Congress Asset Management Co. bought a new stake in shares of GE Aerospace in the 3rd quarter worth $2,188,000. Private Capital Advisors Inc. purchased a new stake in shares of GE Aerospace in the third quarter valued at about $231,000. RVW Wealth LLC raised its holdings in shares of GE Aerospace by 8.7% in the third quarter. RVW Wealth LLC now owns 1,331 shares of the company’s stock valued at $416,000 after purchasing an additional 106 shares during the last quarter. Finally, Baker Tilly Wealth Management LLC lifted its position in shares of GE Aerospace by 2.1% during the third quarter. Baker Tilly Wealth Management LLC now owns 3,279 shares of the company’s stock valued at $1,024,000 after purchasing an additional 68 shares in the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

About GE Aerospace

GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.

The company’s offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.

GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.