GE Aerospace (NYSE:GE) Trading Up 5.2% – What’s Next?

Shares of GE Aerospace (NYSE:GE) traded up 5.2% on Wednesday . The company traded as high as $300.45 and last traded at $300.1080. 6,026,729 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 5,917,236 shares. The stock had previously closed at $285.28.

Wall Street Analyst Weigh In

GE has been the topic of several research analyst reports. The Goldman Sachs Group boosted their target price on GE Aerospace from $338.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Jefferies Financial Group set a $365.00 target price on GE Aerospace in a research note on Sunday, April 26th. Wall Street Zen cut GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Wells Fargo & Company initiated coverage on GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 target price on the stock. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, GE Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $348.22.

GE Aerospace Price Performance

The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The stock has a market cap of $315.22 billion, a P/E ratio of 37.21, a price-to-earnings-growth ratio of 2.79 and a beta of 1.36. The firm has a 50-day moving average price of $294.81 and a 200-day moving average price of $305.37.

GE Aerospace (NYSE:GE) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same quarter last year, the company earned $1.49 EPS. The firm’s revenue for the quarter was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, analysts forecast that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GE. REAP Financial Group LLC purchased a new stake in GE Aerospace during the 3rd quarter valued at $25,000. Blueline Advisors LLC purchased a new stake in GE Aerospace during the 4th quarter valued at $25,000. Ankerstar Wealth LLC purchased a new stake in GE Aerospace during the 4th quarter valued at $31,000. Abich Financial Wealth Management LLC purchased a new stake in GE Aerospace during the 3rd quarter valued at $32,000. Finally, Tucker Asset Management LLC purchased a new stake in GE Aerospace during the 4th quarter valued at $32,000. Institutional investors own 74.77% of the company’s stock.

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.