Analysts Set GE Aerospace (NYSE:GE) Price Target at $357.56

GE Aerospace (NYSE:GEGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the twenty research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $360.3333.

GE has been the subject of a number of recent research reports. Daiwa Securities Group started coverage on GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 target price for the company. Citigroup reissued a “buy” rating and set a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. President Capital decreased their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Seaport Research Partners began coverage on shares of GE Aerospace in a report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target for the company. Finally, Wells Fargo & Company assumed coverage on shares of GE Aerospace in a research report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target for the company.

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Trending Headlines about GE Aerospace

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Blueline Advisors LLC bought a new stake in shares of GE Aerospace in the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC bought a new position in shares of GE Aerospace during the fourth quarter valued at approximately $31,000. Tucker Asset Management LLC bought a new position in shares of GE Aerospace during the fourth quarter valued at approximately $32,000. Lifetime Wealth Management P.C. purchased a new stake in GE Aerospace in the fourth quarter worth $40,000. Finally, Beaird Harris Wealth Management LLC lifted its stake in GE Aerospace by 72.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after acquiring an additional 59 shares during the period. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Trading Up 0.1%

Shares of GE stock traded up $0.29 on Tuesday, hitting $359.33. 2,334,269 shares of the company’s stock traded hands, compared to its average volume of 4,698,848. The stock has a market capitalization of $374.90 billion, a price-to-earnings ratio of 44.25, a P/E/G ratio of 3.18 and a beta of 1.35. The company’s fifty day simple moving average is $330.74 and its 200 day simple moving average is $317.23. GE Aerospace has a one year low of $251.40 and a one year high of $382.97. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01.

GE Aerospace (NYSE:GEGet Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the previous year, the firm posted $1.49 earnings per share. 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. Equities analysts forecast that GE Aerospace will post 7.48 EPS for the current year.

GE Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio is currently 23.15%.

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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