GE Aerospace (NYSE:GE) Shares Down 2.1% – Here’s Why

GE Aerospace (NYSE:GE) traded down 2.1% during mid-day trading on Monday . The company traded as low as $339.89 and last traded at $341.4090. Approximately 3,878,762 shares traded hands during trading, a decline of 31% from the average daily volume of 5,617,469 shares. The stock had previously closed at $348.83.

GE Aerospace News Roundup

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

• Positive Sentiment: JPMorgan raised its price target on GE Aerospace to $400 from $335 and maintained an overweight rating, signaling continued analyst confidence in the stock’s upside.
• Positive Sentiment: GE Aerospace and CFM announced a landmark memorandum of understanding with IndiGo for 1,000+ LEAP-1A engines, a major potential win that could boost future engine sales and long-term aftermarket revenue.
• Positive Sentiment: GE Aerospace said its hybrid-electric test flight reached more than 30,000 feet in collaboration with NASA, Boeing, and BETA Technologies, highlighting progress in advanced propulsion and supporting its long-term technology leadership narrative. Article: GE Aerospace Partners with NASA, BETA Technologies, and Boeing on World’s First High-Altitude Hybrid Electric Flight
• Positive Sentiment: CEO Larry Culp highlighted the company’s $210 billion backlog and the historic transatlantic hybrid-electric flight, reinforcing that GE Aerospace has strong near-term demand and credible future growth opportunities. Article: GE Aerospace CEO: $210B Backlog and Historic Transatlantic Flight Proves Hybrid-Electric Aviation Is Coming
• Positive Sentiment: GE Aerospace reported its GEnx-1B engine surpassed 50 million flight hours, the fastest pace ever for a GE widebody engine, underscoring reliability, customer adoption, and support for future services revenue.
• Positive Sentiment: The company also beat Q2 expectations and raised 2026 guidance, which supports the recent bullish outlook on the stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on GE shares. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of GE Aerospace in a research note on Tuesday, July 14th. Weiss Ratings raised GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. JPMorgan Chase & Co. increased their target price on shares of GE Aerospace from $335.00 to $400.00 and gave the stock an “overweight” rating in a research report on Monday. BNP Paribas Exane cut their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Finally, Citigroup reissued a “buy” rating and issued a $431.00 price target (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. Seventeen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $380.89.

GE Aerospace Stock Down 2.1%

The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The business has a 50-day simple moving average of $336.31 and a 200-day simple moving average of $318.56. The stock has a market cap of $354.23 billion, a P/E ratio of 40.21, a PEG ratio of 2.92 and a beta of 1.35.

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

GE Aerospace Announces Dividend

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

Institutional Trading of GE Aerospace

Several hedge funds have recently added to or reduced their stakes in the business. Auto Owners Insurance Co raised its holdings in GE Aerospace by 52,247.5% in 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 acquiring an additional 65,595,733 shares in the last quarter. Norges Bank bought a new stake in shares of GE Aerospace during the fourth quarter valued at approximately $4,444,736,000. Amundi increased its position in shares of GE Aerospace by 135.2% during 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 period. Jennison Associates LLC raised its stake 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 in 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 worth $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

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.