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

GE Aerospace (NYSE:GE) shares traded down 2.1% on Monday . The company traded as low as $339.89 and last traded at $341.4090. Approximately 3,878,762 shares were traded during mid-day 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 Summary

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

• Positive Sentiment: JPMorgan raised its price target on GE Aerospace to $400, reinforcing Wall Street’s confidence in the company’s earnings outlook and long-term demand. JPMorgan Chase & Co. Raises GE Aerospace (NYSE:GE) Price Target to $400.00
• Positive Sentiment: GE Aerospace announced that AerCap selected its GEnx engines to power 15 more Boeing 787 Dreamliners, adding to its large installed-base and backlog-driven revenue visibility. GE Aerospace Announces AerCap Selects GEnx Engines to Power 15 Additional Boeing 787 Dreamliners
• Positive Sentiment: GE Aerospace’s hybrid-electric flight breakthrough with NASA, Boeing, and BETA Technologies highlights innovation that could strengthen its long-term competitive position in next-generation aviation. GE Aerospace Stock Rises As Hybrid-Electric Flight Reaches New Heights
• Positive Sentiment: Investor commentary continues to favor GE Aerospace as a high-quality industrial name, with Jim Cramer urging a rotation from speculative tech into aerospace and industrial blue chips like GE. Jim Cramer Says Forget Tech: Buy FedEx, Honeywell Aerospace, and GE Aerospace Instead
• Neutral Sentiment: GE Aerospace remains up sharply over the past year, but the latest note warns that its valuation is rich and that higher costs and debt could make some investors wait for a better entry point. GE Aerospace Rises 29.5% in a Year: Should You Buy the Stock Now or Wait?
• Neutral Sentiment: Broader coverage around GE Aerospace’s hybrid-electric test flight and new airline engine orders is reinforcing the company’s strong aviation demand story, but these items are more confirmation than fresh catalysts. NASA, GE Aerospace Develop Hybrid-Electric Flight

Analysts Set New Price Targets

GE has been the subject of a number of analyst reports. Zacks Research downgraded GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Sanford C. Bernstein restated an “outperform” rating on shares of GE Aerospace in a research note on Tuesday, July 14th. Susquehanna reaffirmed a “positive” rating and set a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a report on Thursday, July 9th. 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 research report on Thursday, May 14th. Finally, President Capital reduced their target price on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Seventeen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, GE Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $380.89.

GE Aerospace Stock Up 0.2%

The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The firm’s 50-day simple moving average is $337.98 and its two-hundred day simple moving average is $319.00. The company has a market capitalization of $354.20 billion, a price-to-earnings ratio of 40.22, a price-to-earnings-growth ratio of 2.62 and a beta of 1.35.

GE Aerospace (NYSE:GE) last issued its 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. The company had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm’s quarterly revenue was up 21.1% compared to the same quarter last year. During the same period last year, the company posted $1.66 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Sell-side analysts predict that GE Aerospace will post 7.89 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

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

Institutional Trading of GE Aerospace

A number of institutional investors have recently bought and sold shares of GE. Allworth Financial LP boosted its position in GE Aerospace by 7.6% during the fourth quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock worth $23,677,000 after acquiring an additional 5,434 shares during the last quarter. Dara Capital US Inc. acquired a new position in GE Aerospace in the 4th quarter valued at $2,527,000. NewEdge Wealth LLC raised its holdings in GE Aerospace by 92.2% in the 4th quarter. NewEdge Wealth LLC now owns 20,142 shares of the company’s stock valued at $6,204,000 after acquiring an additional 9,663 shares during the last quarter. CenterBook Partners LP lifted its stake in shares of GE Aerospace by 892.6% during the 4th quarter. CenterBook Partners LP now owns 49,788 shares of the company’s stock worth $15,336,000 after purchasing an additional 44,772 shares during the period. Finally, Ascentis Independent Advisors lifted its stake in shares of GE Aerospace by 207.3% during the 1st quarter. Ascentis Independent Advisors now owns 4,317 shares of the company’s stock worth $1,225,000 after purchasing an additional 2,912 shares during the period. 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.