GE Aerospace (NYSE:GE) Announces Earnings Results, Beats Expectations By $0.16 EPS

GE Aerospace (NYSE:GE) issued its quarterly earnings results on Thursday. The company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16, Zacks reports. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $12.63 billion for the quarter, compared to analysts’ expectations of $12.24 billion. During the same period last year, the business earned $1.66 earnings per share. The business’s quarterly revenue was up 21.1% on a year-over-year basis. GE Aerospace updated its FY 2026 guidance to 7.650-7.850 EPS.

Here are the key takeaways from GE Aerospace’s conference call:

• GE Aerospace delivered a strong second quarter, with orders up 17%, revenue up 24%, EPS up 22%, and free cash flow up 43%, extending a very strong first half of 2026.
• The company raised full-year 2026 guidance across the board, including higher outlooks for revenue, earnings, operating profit, and free cash flow, citing continued strength in commercial services and equipment.
• Commercial services remains the main growth engine, with backlog around $170 billion, robust spare-parts demand, and improved shop output supported by FLIGHT DECK and supply-chain progress.
• GE Aerospace said it completed certification for the LEAP-1B durability kit, which it expects will roughly double time on wing and support better long-term economics as retrofit work rolls out over several years.
• Management sounded confident that services growth can continue into 2027 and beyond, but noted that supply capacity and shop throughput are still the main constraints rather than demand.

GE Aerospace Price Performance

Shares of NYSE GE opened at $346.16 on Friday. The company has a 50 day simple moving average of $335.28 and a two-hundred day simple moving average of $318.30. GE Aerospace has a fifty-two week low of $254.66 and a fifty-two week high of $382.97. The company has a market capitalization of $361.16 billion, a price-to-earnings ratio of 42.63, a P/E/G ratio of 3.19 and a beta of 1.35. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01.

GE Aerospace Dividend Announcement

The firm also recently declared 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 dividend yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio (DPR) is presently 23.15%.

Key Stories Impacting GE Aerospace

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

• Positive Sentiment: GE Aerospace beat Q2 estimates on both earnings and revenue, showing strong underlying demand and execution. GE Aerospace (GE) Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company raised its 2026 outlook, signaling management expects stronger sales and profit despite macro and supply-chain headwinds. GE Aerospace lifts 2026 forecast as airlines keep up maintenance spending
• Positive Sentiment: Management said aftermarket repair and maintenance demand remains resilient, which supports higher-margin services revenue. GE Aerospace sees repair demand holding up despite aviation fuel shock
• Positive Sentiment: GE pushed back on Boeing-related GEnx delay concerns, easing fears that engine supply could materially disrupt deliveries. GE Aerospace pushes back on GEnx delay concerns, says Boeing has months of engine supply
• Neutral Sentiment: Analysts and call summaries highlighted strong growth ahead, but much of the optimism was already reflected in expectations before earnings. GE Aerospace Earnings Call Signals Strong Growth Ahead
• Negative Sentiment: Investors appeared disappointed that order growth is cooling after a strong run, suggesting growth may be normalizing from very high levels. GE boosts profit outlook but stock falls as booming order growth cools
• Negative Sentiment: Margin pressure and supply-chain constraints are still weighing on sentiment, keeping traders cautious despite the earnings beat. GE Aerospace raises profit outlook, but margin pressure weighs on shares

Institutional Investors Weigh In On GE Aerospace

A number of institutional investors have recently modified their holdings of the stock. State Street Corp grew its stake in shares of GE Aerospace by 1.5% in the fourth quarter. State Street Corp now owns 45,240,802 shares of the company’s stock worth $13,951,570,000 after acquiring an additional 663,160 shares during the period. Morgan Stanley lifted its position in GE Aerospace by 2.4% during the fourth quarter. Morgan Stanley now owns 13,924,762 shares of the company’s stock valued at $4,289,245,000 after purchasing an additional 332,380 shares during the period. Northern Trust Corp boosted its holdings in GE Aerospace by 1.8% in the third quarter. Northern Trust Corp now owns 10,296,945 shares of the company’s stock worth $3,097,527,000 after purchasing an additional 181,316 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in GE Aerospace by 1.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,562,197 shares of the company’s stock worth $2,329,384,000 after purchasing an additional 137,029 shares during the period. Finally, AQR Capital Management LLC raised its stake in GE Aerospace by 1.6% during the 4th quarter. AQR Capital Management LLC now owns 3,007,830 shares of the company’s stock valued at $926,502,000 after buying an additional 46,746 shares during the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Wells Fargo & Company initiated coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price target on the stock. Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Seaport Research Partners assumed coverage on shares of GE Aerospace in a research report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target on the stock. Finally, Morgan Stanley decreased their price target 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. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, GE Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $365.61.

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.