GE Aerospace (NYSE:GE) Price Target Raised to $400.00

GE Aerospace (NYSE:GE) had its price target hoisted by JPMorgan Chase & Co. from $335.00 to $400.00 in a report released on Monday,Benzinga reports. The firm currently has an overweight rating on the stock.

GE has been the topic of a number of other research reports. The Goldman Sachs Group reissued a “buy” rating and set a $410.00 price objective on shares of GE Aerospace in a research note on Monday. Jefferies Financial Group raised their target price on GE Aerospace from $365.00 to $455.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Zacks Research lowered GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Weiss Ratings raised shares of GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Finally, Daiwa Securities Group began coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective for the company. Sixteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $385.94.

GE Aerospace Trading Up 0.2%

GE opened at $341.25 on Monday. The firm has a market capitalization of $354.07 billion, a price-to-earnings ratio of 40.19, a price-to-earnings-growth ratio of 2.61 and a beta of 1.35. The company’s 50 day simple moving average is $338.91 and its two-hundred day simple moving average is $319.23. GE Aerospace has a 1-year low of $259.95 and a 1-year high of $382.97. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67.

GE Aerospace (NYSE:GE) last posted its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The business had revenue of $12.63 billion during the quarter, compared to analyst estimates of $11.87 billion. During the same period in the prior year, the business earned $1.66 earnings per share. The business’s revenue 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. Analysts expect that GE Aerospace will post 7.9 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 6th will be paid a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.6%. GE Aerospace’s dividend payout ratio (DPR) is 22.14%.

Institutional Investors Weigh In On GE Aerospace

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Auto Owners Insurance Co grew its holdings in shares of 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 worth $2,024,413,000 after purchasing an additional 65,595,733 shares during the period. Norges Bank purchased a new stake in GE Aerospace in the 4th quarter valued at about $4,444,736,000. Amundi raised its holdings in GE Aerospace by 135.2% in the 1st quarter. Amundi now owns 6,119,975 shares of the company’s stock valued at $1,736,665,000 after buying an additional 3,518,278 shares during the period. Jennison Associates LLC lifted its position in GE Aerospace by 37.7% in the first quarter. Jennison Associates LLC now owns 11,026,006 shares of the company’s stock valued at $3,128,850,000 after buying an additional 3,017,937 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its position in GE Aerospace by 382.1% in the fourth quarter. Corient Private Wealth LLC now owns 2,757,281 shares of the company’s stock valued at $849,325,000 after buying an additional 2,185,321 shares during the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace News Roundup

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

• Positive Sentiment: GE Aerospace announced new engine and services wins, including AerCap selecting GEnx engines for 15 additional Boeing 787 Dreamliners and National Airlines placing a new engine order, both of which point to continued commercial aviation demand and future long-term service revenue. GE Aerospace Stock Rises As Hybrid-Electric Flight Reaches New Heights
• Positive Sentiment: The company highlighted LEAP engine orders and aftermarket deals at Farnborough, underscoring strong global demand for its commercial engine installed base and recurring maintenance revenue. GE Aerospace highlights LEAP engine orders, aftermarket deals at Farnborough
• Positive Sentiment: GE Aerospace and Magellan Aerospace signed an MOU to establish Canadian MRO capabilities for the F414 engine, which could expand GE’s defense sustainment footprint if Canada moves forward with the Saab Gripen E fighter purchase. GE Aerospace and Magellan Aerospace Sign Memorandum of Understanding for F414 Sustainment
• Positive Sentiment: JPMorgan raised its price target on GE Aerospace to $400, signaling continued Wall Street confidence in the company’s earnings power and backlog. JPMorgan Chase & Co. Raises GE Aerospace (NYSE:GE) Price Target to $400.00
• Neutral Sentiment: Commentary on GE Aerospace’s strong year-to-date performance noted that the stock’s valuation is already rich, so some investors may be waiting for a better entry point despite the company’s solid operating momentum. GE Aerospace Rises 29.5% in a Year: Should You Buy the Stock Now or Wait?

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.