GE Aerospace (NYSE:GE) Trading 1.1% Higher – Here’s Why

GE Aerospace (NYSE:GE)’s share price traded up 1.1% during mid-day trading on Monday . The stock traded as high as $347.20 and last traded at $346.1650. 3,970,695 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 5,753,270 shares. The stock had previously closed at $342.26.

Analyst Ratings Changes

GE has been the subject of a number of analyst reports. BNP Paribas Exane reduced their price objective on shares of GE Aerospace from $305.00 to $290.00 and set an “underperform” rating for the company in a report on Friday, January 23rd. Susquehanna restated a “positive” rating and set a $380.00 price target on shares of GE Aerospace in a research note on Thursday, January 15th. Deutsche Bank Aktiengesellschaft lifted their price objective on GE Aerospace from $375.00 to $387.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Citigroup reissued a “buy” rating and issued a $380.00 target price (up from $378.00) on shares of GE Aerospace in a report on Friday, January 23rd. Finally, Morgan Stanley assumed coverage on GE Aerospace in a research report on Friday, February 20th. They set an “overweight” rating and a $425.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $329.29.

GE Aerospace Trading Up 1.1%

The company’s fifty day moving average price is $317.81 and its two-hundred day moving average price is $301.81. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.00. The company has a market cap of $363.06 billion, a price-to-earnings ratio of 42.53, a price-to-earnings-growth ratio of 3.16 and a beta of 1.36.

GE Aerospace (NYSE:GE) last released its quarterly earnings results on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.14. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.The business had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.27 billion. During the same period in the prior year, the company earned $1.32 EPS. GE Aerospace’s revenue for the quarter was up 17.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts expect that GE Aerospace will post 5.4 earnings per share for the current year.

GE Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Monday, March 9th will be issued a $0.47 dividend. This is a positive change from GE Aerospace’s previous quarterly dividend of $0.36. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, March 9th. GE Aerospace’s dividend payout ratio (DPR) is presently 17.69%.

Insider Buying and Selling

In other GE Aerospace news, SVP Amy L. Gowder sold 4,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $305.73, for a total value of $1,222,920.00. Following the completion of the transaction, the senior vice president directly owned 16,535 shares of the company’s stock, valued at approximately $5,055,245.55. The trade was a 19.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Robert M. Giglietti sold 3,035 shares of the stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $305.51, for a total transaction of $927,222.85. Following the sale, the vice president directly owned 10,583 shares in the company, valued at $3,233,212.33. This trade represents a 22.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 37,398 shares of company stock worth $11,455,491 in the last 90 days. Corporate insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of GE. Vanguard Group Inc. lifted its stake in shares of GE Aerospace by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock valued at $28,564,097,000 after acquiring an additional 699,364 shares during the period. State Street Corp raised its holdings in GE Aerospace by 1.5% during the 4th quarter. State Street Corp now owns 45,240,802 shares of the company’s stock worth $13,951,570,000 after purchasing an additional 663,160 shares during the last quarter. Geode Capital Management LLC lifted its position in GE Aerospace by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company’s stock valued at $7,615,200,000 after purchasing an additional 312,880 shares during the period. Capital World Investors boosted its stake in shares of GE Aerospace by 16.2% in the 3rd quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock valued at $6,449,731,000 after purchasing an additional 2,995,054 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of GE Aerospace during the 4th quarter worth approximately $4,444,736,000. 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.