GE Aerospace (NYSE:GE) Stock Price Down 2.9% – Should You Sell?

GE Aerospace (NYSE:GE) shares dropped 2.9% during trading on Wednesday . The stock traded as low as $354.25 and last traded at $356.3010. Approximately 4,132,706 shares were traded during trading, a decline of 28% from the average daily volume of 5,700,404 shares. The stock had previously closed at $366.98.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on GE shares. Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Zacks Research lowered GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Citigroup restated a “buy” rating and issued a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a report on Wednesday, July 1st. Morgan Stanley lowered their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Finally, Seaport Research Partners began coverage on shares of GE Aerospace in a report on Tuesday, May 26th. They set a “buy” rating and a $375.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $357.56.

GE Aerospace Stock Performance

The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The company has a market cap of $371.74 billion, a PE ratio of 43.88, a price-to-earnings-growth ratio of 3.36 and a beta of 1.35. The business has a fifty day simple moving average of $326.39 and a two-hundred day simple moving average of $316.19.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The business had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business’s revenue was up 24.6% compared to the same quarter last year. During the same period last year, the business posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current year.

GE Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 6th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, July 6th. GE Aerospace’s dividend payout ratio is presently 23.15%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Blueline Advisors LLC purchased a new stake in GE Aerospace during the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC purchased a new position in GE Aerospace in the fourth quarter worth $31,000. Tucker Asset Management LLC acquired a new position in shares of GE Aerospace during the fourth quarter worth $32,000. Lifetime Wealth Management P.C. purchased a new stake in shares of GE Aerospace during the 4th quarter valued at $40,000. Finally, Beaird Harris Wealth Management LLC lifted its holdings in shares of GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after purchasing an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

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.