GE Aerospace (NYSE:GE) Stock Price Target Cut by Royal Bank Of Canada

GE Aerospace (NYSE:GE) had its price target reduced by investment analysts at Royal Bank Of Canada from $400.00 to $375.00 in a note issued to investors on Wednesday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target points to a potential upside of 25.22% from the stock’s current price.

Several other equities research analysts have also commented on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $450.00 target price on shares of GE Aerospace in a research report on Monday, July 27th. Morgan Stanley reiterated an “overweight” rating and issued a $375.00 target price (down from $400.00) on shares of GE Aerospace in a report on Wednesday. JPMorgan Chase & Co. boosted their price target on GE Aerospace from $335.00 to $400.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a research note on Thursday, October 15th. Finally, Citigroup restated a “buy” rating and set a $431.00 price target (up from $353.00) on shares of GE Aerospace in a report on Wednesday, July 1st. Seventeen equities 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 company. According to MarketBeat, GE Aerospace presently has an average rating of “Moderate Buy” and an average target price of $384.74.

GE Aerospace Price Performance

GE stock opened at $299.48 on Wednesday. The firm has a market cap of $310.73 billion, a price-to-earnings ratio of 35.27, a PEG ratio of 2.27 and a beta of 1.38. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. GE Aerospace has a 12-month low of $268.91 and a 12-month high of $388.84. The company’s fifty day simple moving average is $327.33 and its 200 day simple moving average is $328.85.

GE Aerospace (NYSE:GE) last issued its quarterly earnings results on Tuesday, October 20th. The company reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.24. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%. The firm had revenue of $13.29 billion during the quarter, compared to the consensus estimate of $12.88 billion. During the same period last year, the business posted $1.66 EPS. The business’s revenue was up 24.7% compared to the same quarter last year. On average, analysts expect that GE Aerospace will post 7.91 earnings per share for the current year.

Insider Activity

In other news, SVP Mohamed Ali sold 8,096 shares of the firm’s stock in a transaction dated 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 completion of the sale, the senior vice president directly owned 20,666 shares in the company, valued at $7,309,770.86. This trade represents a 28.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.19% of the stock is owned by company insiders.

Institutional Trading of GE Aerospace

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GE. Amundi lifted its holdings in shares of GE Aerospace by 135.2% in the 1st quarter. Amundi now owns 6,119,975 shares of the company’s stock worth $1,736,665,000 after purchasing an additional 3,518,278 shares in the last quarter. Jupiter Topco LLC bought a new stake in GE Aerospace during the 2nd quarter valued at $1,283,858,000. Wellington Management Group LLP increased its stake in GE Aerospace by 97.3% during the 2nd quarter. Wellington Management Group LLP now owns 6,797,935 shares of the company’s stock valued at $2,540,592,000 after purchasing an additional 3,352,432 shares in the last quarter. Jennison Associates LLC raised its holdings in GE Aerospace by 37.7% during the first quarter. Jennison Associates LLC now owns 11,026,006 shares of the company’s stock worth $3,128,850,000 after buying an additional 3,017,937 shares during the last quarter. Finally, State Street Corp raised its holdings in GE Aerospace by 2.6% during the second quarter. State Street Corp now owns 46,497,628 shares of the company’s stock worth $17,377,559,000 after buying an additional 1,160,584 shares during the last quarter. 74.77% of the stock is owned by institutional investors.

Trending Headlines about GE Aerospace

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: GE Aerospace reported adjusted third-quarter earnings of $2.25 per share, above the roughly $2.01 consensus estimate, while revenue also exceeded expectations and rose approximately 25% year over year. GE Aerospace raises 2026 profit forecast as services strength drives growth
• Positive Sentiment: Strong commercial engine and aftermarket-services demand drove a 49% increase in orders to $19 billion. GE also raised its 2026 outlook for adjusted revenue growth to approximately 19%-20%, operating profit to $10.9 billion-$11.0 billion, adjusted EPS to $8.00-$8.10 and free cash flow to $9.1 billion-$9.4 billion. GE Aerospace raises 2026 guidance as orders surge
• Positive Sentiment: UBS maintained its Buy rating and raised its price target to $380, citing the quarterly beat, upgraded guidance and an improving margin outlook. Bank of America also reiterated its Buy rating with a $405 target. UBS raises GE Aerospace price target

GE Aerospace Company Profile

GE Aerospace (NYSE: GE) is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its products support commercial air transport, business and general aviation, military aircraft, and other defense applications. The company also provides engine components, avionics, mechanical systems, digital solutions and maintenance, repair and overhaul services.

GE Aerospace serves airlines, aircraft operators, leasing companies, airframers and government customers worldwide.