GE Aerospace (NYSE:GE - Get Free Report) SVP Mohamed Ali sold 8,096 shares of the firm's stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the transaction, the senior vice president owned 20,666 shares of the company's stock, valued at approximately $7,309,770.86. This represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
GE Aerospace Stock Up 0.6%
NYSE:GE opened at $363.93 on Wednesday. The firm has a market capitalization of $377.60 billion, a price-to-earnings ratio of 42.87, a price-to-earnings-growth ratio of 2.76 and a beta of 1.35. GE Aerospace has a twelve month low of $261.71 and a twelve month high of $382.97. The stock's 50 day moving average price is $344.60 and its two-hundred day moving average price is $320.17. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96.
GE Aerospace (NYSE:GE - Get Free Report) last released its quarterly earnings data on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating the consensus estimate of $1.86 by $0.16. The company had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The firm's revenue for the quarter was up 21.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Equities research analysts expect that GE Aerospace will post 7.91 earnings per share for the current fiscal year.
GE Aerospace Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, July 6th. GE Aerospace's dividend payout ratio is 22.14%.
Key GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: Strong engine demand supports GE’s outlook. Analysts expect a robust commercial engine market to benefit aerospace suppliers, reinforcing demand for GE Aerospace’s engines, services, and aftermarket business. Woodward, Howmet Likely to Benefit From Strong Engine Market, RBC Says
- Positive Sentiment: Middle East carrier relationships and product milestones provide a favorable demand signal. GE Aerospace highlighted flight-performance milestones, durability improvements, and technologies intended to support airlines in the Middle East. The updates strengthen the company’s commercial positioning, although they did not include a major new financial contract. GE Aerospace Showcases the Future of Flight
- Positive Sentiment: GE’s backlog remains a core investment support. A backlog reported at roughly $210 billion offers long-term revenue visibility and reflects the company’s strong competitive position in aircraft engines and services. GE Aerospace Has a Backlog Worth $210 Billion
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on GE. JPMorgan Chase & Co. lifted their price objective on shares of GE Aerospace from $335.00 to $400.00 and gave the company an "overweight" rating in a research report on Monday, July 20th. 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 target price on the stock. UBS Group raised their target price on shares of GE Aerospace from $426.00 to $435.00 and gave the company a "buy" rating in a research note on Friday, July 17th. President Capital cut their target price on shares of GE Aerospace from $355.00 to $342.00 and set a "buy" rating for the company in a research note on Wednesday, April 22nd. Finally, TD Cowen reiterated a "buy" rating and set a $380.00 price target (up from $330.00) on shares of GE Aerospace in a report on Monday, July 13th. Sixteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $390.59.
View Our Latest Analysis on GE Aerospace
Institutional Investors Weigh In On GE Aerospace
A number of large investors have recently added to or reduced their stakes in the business. Auto Owners Insurance Co lifted its holdings 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 last quarter. Norges Bank acquired a new position in shares of GE Aerospace in the fourth quarter valued at $4,444,736,000. Amundi increased its holdings in shares of GE Aerospace by 135.2% in the first quarter. Amundi now owns 6,119,975 shares of the company's stock valued at $1,736,665,000 after purchasing an additional 3,518,278 shares during the last quarter. Jennison Associates LLC raised its position in shares of 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 purchasing an additional 3,017,937 shares during the period. Finally, Corient Private Wealth LLC raised its position in shares of 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 purchasing an additional 2,185,321 shares during the period. Institutional investors own 74.77% of the company's stock.
About GE Aerospace
(
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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