UBS Group Forecasts Strong Price Appreciation for GE Aerospace (NYSE:GE) Stock

GE Aerospace (NYSE:GEGet Free Report) had its price objective increased by equities research analysts at UBS Group from $426.00 to $435.00 in a research report issued to clients and investors on Friday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s target price would indicate a potential upside of 24.79% from the company’s previous close.

A number of other equities analysts have also recently commented on GE. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of GE Aerospace in a research note on Tuesday. Jefferies Financial Group increased their price objective on shares of GE Aerospace from $365.00 to $455.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. 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. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. Finally, Daiwa Securities Group initiated coverage on GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $370.33.

Read Our Latest Analysis on GE

GE Aerospace Price Performance

Shares of GE Aerospace stock opened at $348.58 on Friday. The stock has a market cap of $363.69 billion, a price-to-earnings ratio of 41.06, a price-to-earnings-growth ratio of 2.98 and a beta of 1.35. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.70 and a current ratio of 0.98. The stock has a 50 day moving average price of $336.31 and a 200-day moving average price of $318.52. GE Aerospace has a one year low of $254.66 and a one year high of $382.97.

GE Aerospace (NYSE:GEGet Free Report) last released its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The firm had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $11.87 billion. During the same quarter in the previous year, the company posted $1.66 EPS. The company’s revenue for the quarter 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. Equities analysts expect that GE Aerospace will post 7.93 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in GE Aerospace by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock worth $28,564,097,000 after acquiring an additional 699,364 shares in the last quarter. Auto Owners Insurance Co increased its position in GE Aerospace by 52,247.5% during the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock valued at $2,024,413,000 after purchasing an additional 65,595,733 shares during the period. State Street Corp raised its holdings in shares of GE Aerospace by 1.5% in the 4th quarter. State Street Corp now owns 45,240,802 shares of the company’s stock valued at $13,951,570,000 after purchasing an additional 663,160 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of GE Aerospace by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company’s stock worth $7,615,200,000 after purchasing an additional 312,880 shares during the period. Finally, Norges Bank purchased a new stake in shares of GE Aerospace in the 4th quarter worth approximately $4,444,736,000. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting GE Aerospace

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GE Aerospace Company Profile

(Get Free Report)

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.

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Analyst Recommendations for GE Aerospace (NYSE:GE)

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