GE Aerospace (NYSE:GE) Stock Price Down 1.9% – Here’s Why

GE Aerospace (NYSE:GE)’s stock price traded down 1.9% during mid-day trading on Monday . The stock traded as low as $340.54 and last traded at $341.9220. 2,649,108 shares changed hands during trading, a decline of 50% from the average daily volume of 5,305,155 shares. The stock had previously closed at $348.37.

Analyst Ratings Changes

A number of analysts have commented on GE shares. Royal Bank Of Canada restated an “outperform” rating and issued a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $450.00 price objective on shares of GE Aerospace in a research report on Monday, July 27th. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings upgraded shares of GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Finally, Susquehanna reissued a “positive” rating and issued a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Sixteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, GE Aerospace currently has an average rating of “Moderate Buy” and an average price target of $390.59.

GE Aerospace Price Performance

The firm has a 50-day moving average of $361.10 and a 200-day moving average of $326.97. The stock has a market cap of $354.77 billion, a PE ratio of 40.27, a PEG ratio of 2.54 and a beta of 1.36. 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 posted its quarterly earnings results on Thursday, July 16th. The company reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The company had revenue of $12.63 billion for the quarter, compared to analysts’ expectations of $11.87 billion. During the same period in the previous year, the firm earned $1.66 EPS. The firm’s revenue was up 21.1% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Research analysts predict that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, July 27th. Stockholders of record on Monday, July 6th were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend 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 GE Aerospace 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 sale, the senior vice president directly owned 20,666 shares in the company, valued at approximately $7,309,770.86. The trade was a 28.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.19% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in GE. California State Teachers Retirement System increased its holdings in shares of GE Aerospace by 36,799.0% in the second quarter. California State Teachers Retirement System now owns 594,835,395 shares of the company’s stock worth $222,307,832,000 after purchasing an additional 593,223,330 shares during the last quarter. Tanager Wealth Management LLP bought a new position in GE Aerospace during the second quarter valued at approximately $297,000. Ameritas Advisory Services LLC grew its holdings in GE Aerospace by 142.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 15,360 shares of the company’s stock valued at $5,741,000 after buying an additional 9,021 shares in the last quarter. Guardian Wealth Advisors LLC NC grew its holdings in GE Aerospace by 1.5% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 2,319 shares of the company’s stock valued at $867,000 after buying an additional 35 shares in the last quarter. Finally, Wedmont Private Capital increased its stake in GE Aerospace by 3.5% in the 2nd quarter. Wedmont Private Capital now owns 19,322 shares of the company’s stock worth $6,942,000 after acquiring an additional 645 shares during the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

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.