GE Aerospace Secures Average Price Target of $309.94 from Analysts

GE Aerospace, listed on the New York Stock Exchange under the symbol GE, has received an average price target of $309.94 from analysts following the company. A total of twenty firms currently cover the aerospace division of General Electric, with the consensus recommendation being a “Moderate Buy.” Among these analysts, two have rated the stock as a sell, two as a hold, and a notable sixteen have issued buy recommendations.

Several prominent equities research analysts have recently provided insights into GE Aerospace’s stock performance. On December 4, Susquehanna began coverage with a “positive” rating and set a price target of $350.00. UBS Group followed suit on October 22, establishing a price objective of $366.00 while giving a “buy” rating. Additionally, Sanford C. Bernstein reaffirmed an “outperform” rating on October 27. Citigroup also entered the fray on December 11, issuing a “buy” rating with a price target of $386.00. Wolfe Research raised their price objective from $280.00 to $330.00 on October 9.

GE Aerospace Financial Performance

In its latest quarterly earnings report released on October 21, GE Aerospace reported earnings per share (EPS) of $1.66, surpassing analysts’ expectations of $1.46 by $0.20. The company achieved a return on equity of 34.01% and a net margin of 18.34%. It generated revenue of $11.31 billion during the quarter, significantly exceeding the consensus estimate of $10.29 billion. This represents a remarkable 26.4% increase compared to the same quarter last year. For the fiscal year 2025, GE Aerospace has projected EPS guidance between $6.000 and $6.200. Analysts estimate that the company will report an average of $5.4 EPS for the current fiscal year.

In addition to its earnings, GE Aerospace has announced a quarterly dividend of $0.36 per share, payable on January 26, 2025. Shareholders on record as of December 29 will qualify for this dividend, which equates to an annualized dividend of $1.44 and a dividend yield of 0.5%. The company’s dividend payout ratio stands at 19.23%.

Recent Insider and Institutional Activity

In related developments, Russell Stokes, Senior Vice President of GE Aerospace, sold 8,000 shares of the company’s stock on November 19 at an average price of $297.71, totaling approximately $2,381,680. Following this transaction, Stokes retained 150,434 shares valued at around $44,785,706.14, marking a 5.05% reduction in his holdings. This sale has been documented in filings with the SEC.

Several institutional investors have also recently adjusted their positions in GE Aerospace. Notably, Brighton Jones LLC increased its stake by 25.3% in the fourth quarter, acquiring an additional 2,421 shares, bringing its total to 12,008 shares valued at approximately $2,003,000. Other firms like Revolve Wealth Partners LLC and GM Advisory Group LLC have also made adjustments to their holdings in recent months. Currently, institutional investors and hedge funds own 74.77% of GE Aerospace stock.

This week, several key headlines have emerged regarding GE Aerospace, underlining the company’s significant role in the aerospace industry. As part of General Electric, GE Aerospace specializes in the design, manufacture, and support of aircraft engines and integrated propulsion systems, catering to a diverse clientele that includes commercial airlines, military operators, and general aviation.