GE Aerospace (NYSE:GE) Shares Down 2.2% – What’s Next?

GE Aerospace (NYSE:GE) fell 2.2% during trading on Monday . The company traded as low as $279.41 and last traded at $280.0730. 6,122,670 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 6,002,390 shares. The stock had previously closed at $286.51.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on GE shares. JPMorgan Chase & Co. lifted their price target on GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. Susquehanna restated a “positive” rating and set a $380.00 price objective on shares of GE Aerospace in a research note on Thursday, January 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. President Capital dropped 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. Finally, The Goldman Sachs Group increased their price target on shares of GE Aerospace from $338.00 to $350.00 and gave the company a “buy” rating in a report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $349.89.

GE Aerospace Stock Performance

The business’s fifty day moving average is $305.62 and its two-hundred day moving average is $306.38. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $292.21 billion, a PE ratio of 34.49, a price-to-earnings-growth ratio of 2.66 and a beta of 1.36.

GE Aerospace (NYSE:GE) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the previous year, the firm earned $1.49 EPS. GE Aerospace’s revenue 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 research analysts predict that GE Aerospace will post 7.46 earnings per share for the current year.

GE Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, March 9th were given a $0.47 dividend. This is a positive change from GE Aerospace’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Monday, March 9th. This represents a $1.88 dividend on an annualized basis and a yield of 0.7%. GE Aerospace’s payout ratio is presently 23.15%.

Institutional Investors Weigh In On GE Aerospace

Hedge funds have recently added to or reduced their stakes in the stock. REAP Financial Group LLC purchased a new stake in GE Aerospace during the 3rd quarter valued at $25,000. Blueline Advisors LLC purchased a new stake in GE Aerospace during the 4th quarter valued at $25,000. Marquette Asset Management LLC purchased a new stake in GE Aerospace during the 3rd quarter valued at $26,000. Barnes Dennig Private Wealth Management LLC raised its stake in GE Aerospace by 147.2% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 89 shares of the company’s stock valued at $27,000 after buying an additional 53 shares during the last quarter. Finally, Roble Belko & Company Inc raised its stake in GE Aerospace by 98.1% during the 3rd quarter. Roble Belko & Company Inc now owns 103 shares of the company’s stock valued at $31,000 after buying an additional 51 shares during the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

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.