GE Aerospace (NYSE:GE) Stock Jumps 2.2% – Should You Buy?

GE Aerospace (NYSE:GE)’s stock price was up 2.2% during trading on Friday. The stock traded as high as $329.17 and last traded at $326.9550. 4,236,134 shares were traded during trading, a decline of 18% from the average session volume of 5,155,678 shares. The stock had previously closed at $319.78.

Key GE Aerospace News

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

• Positive Sentiment: GE’s long-term outlook remains supported by robust engine demand, a large services backlog and continued strength in LEAP engines. Wall Street’s average recommendation remains bullish, although analysts’ targets imply that much of the company’s quality may already be reflected in the share price. Wall Street views on GE
• Positive Sentiment: The company signed an avionics systems service-support agreement with FL Technics Indonesia, reinforcing its recurring aftermarket business. GE and Kratos also achieved first ignition of the GEK800 missile engine, a development that could expand defense-related opportunities. FL Technics agreement GEK800 missile engine ignition
• Positive Sentiment: GE plans to invest $225 million to modernize its research center, potentially strengthening future engine technology and innovation. Research center modernization
• Neutral Sentiment: GE’s proposed $11.75 billion acquisition of Consolidated Precision Products is intended to address precision-casting and supply-chain bottlenecks. It could improve production capacity, but the high purchase price creates integration and return-on-investment risks. CPP acquisition analysis
• Negative Sentiment: Jefferies lowered its price target to $435 from $455 while maintaining a Buy rating, reflecting more limited near-term upside rather than a change to its positive long-term view. Jefferies price-target change
• Negative Sentiment: Rising costs have pressured GE’s operating margin despite higher profit, raising questions about execution. The company’s stronger guidance and LEAP demand partly offset that concern. Investors are also monitoring a reported delay in Boeing 777-9 ETOPS testing involving GE engines. Margin pressure report

Analysts Set New Price Targets

Several research analysts have commented on the stock. UBS Group upped their target price on shares of GE Aerospace from $426.00 to $435.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Royal Bank Of Canada reiterated an “outperform” rating and set a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. TD Cowen reissued a “buy” rating and issued a $380.00 price target (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. Wells Fargo & Company reissued an “overweight” rating and set a $390.00 price target on shares of GE Aerospace in a report on Monday, July 20th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of GE Aerospace in a research note on Wednesday, September 9th. Sixteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $387.22.

GE Aerospace Stock Up 2.2%

The company has a market capitalization of $339.24 billion, a price-to-earnings ratio of 38.51, a P/E/G ratio of 2.33 and a beta of 1.35. The stock’s fifty day simple moving average is $344.99 and its two-hundred day simple moving average is $327.23. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98.

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 the consensus estimate of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The company had revenue of $12.63 billion for the quarter, compared to analysts’ expectations of $11.87 billion. During the same quarter in the prior year, the company earned $1.66 earnings per share. The firm’s revenue was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, sell-side analysts anticipate that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th. Shareholders of record on Monday, October 5th will be paid a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, October 5th. This represents a $1.88 dividend on an annualized basis and a yield of 0.6%. GE Aerospace’s dividend payout ratio is currently 22.14%.

Insiders Place Their Bets

In other news, SVP Mohamed Ali sold 8,096 shares of the stock in a transaction on Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the sale, the senior vice president owned 20,666 shares in the company, valued at $7,309,770.86. This represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.19% of the company’s stock.

Institutional Investors Weigh In On GE Aerospace

Institutional investors have recently made changes to their positions in the company. State Street Corp grew its position in GE Aerospace by 2.6% in the second quarter. State Street Corp now owns 46,497,628 shares of the company’s stock worth $17,377,559,000 after acquiring an additional 1,160,584 shares in the last quarter. Geode Capital Management LLC boosted its holdings in GE Aerospace by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company’s stock valued at $7,615,200,000 after acquiring an additional 312,880 shares during the period. Norges Bank acquired a new stake in shares of GE Aerospace in the fourth quarter valued at about $4,444,736,000. Jennison Associates LLC grew 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 last quarter. Finally, Invesco Ltd. increased its stake in shares of GE Aerospace by 2.1% in the fourth quarter. Invesco Ltd. now owns 9,280,276 shares of the company’s stock worth $2,858,604,000 after purchasing an additional 189,979 shares during the period. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace Company Profile

GE Aerospace (NYSE:GE) is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its portfolio serves commercial aviation, military and defense, business and general aviation, and other aerospace markets.

The company’s products and services include commercial and military aircraft engines, integrated engine systems, avionics, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul, spare parts, technical support and other lifecycle services for aircraft propulsion and related equipment.

GE Aerospace traces its roots to the aviation activities of General Electric, which began developing aircraft engines during World War I.