GE Aerospace (NYSE:GE) Shares Down 3.2% – Here’s Why

GE Aerospace (NYSE:GE)’s stock price was down 3.2% during mid-day trading on Tuesday . The stock traded as low as $306.80 and last traded at $307.3020. 7,213,628 shares changed hands during trading, an increase of 40% from the average session volume of 5,169,052 shares. The stock had previously closed at $317.56.

Key Headlines Impacting GE Aerospace

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

• Positive Sentiment: CPP acquisition receives industry support: Honeywell Aerospace’s CEO described GE’s planned approximately $12 billion purchase of CPP as positive for the industry. The deal would give GE greater control over critical engine castings, increase production capacity and potentially bring more outsourced manufacturing in-house. Honeywell Aero CEO calls planned GE Aerospace-CPP deal positive for industry
• Positive Sentiment: 777X engine progress: A reported redesign addressing a major Boeing 777X engine issue could reduce program risk and support GE Aerospace’s long-term commercial-engine prospects. GE Aerospace Just Solved Its Biggest Boeing 777X Engine Problem With 1 Redesign
• Neutral Sentiment: Institutional interest remains a supporting factor: One analysis highlighted hedge-fund ownership and continued interest in GE Aerospace, although it did not identify a new fundamental catalyst. GE Aerospace: Hedge Funds Love The Stock, So Should You
• Negative Sentiment: Oil-price pressure: Surging oil prices are weighing on GE Aerospace sentiment because higher airline fuel costs can pressure carriers’ profitability, potentially affecting flight activity, fleet decisions and demand for aftermarket services. Surging Oil Prices Singe GE Aerospace
• Negative Sentiment: Analyst downgrade raises concerns: Melius Research downgraded GE Aerospace to Hold from Buy, arguing that several years of unusually strong aftermarket growth may be ending. The warning challenges the company’s elevated growth expectations and contributed to broader weakness across aerospace stocks. GE Aerospace Stock Gets a Downgrade

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on GE shares. Weiss Ratings upgraded GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $450.00 price target on shares of GE Aerospace in a research report on Monday, July 27th. TD Cowen reissued a “buy” rating and issued a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. The Goldman Sachs Group restated a “buy” rating and set a $410.00 price objective on shares of GE Aerospace in a research report on Monday, July 20th. Finally, Susquehanna restated a “positive” rating and set a $430.00 target price (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Sixteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $388.33.

GE Aerospace Stock Performance

The company has a market capitalization of $318.85 billion, a P/E ratio of 36.20, a P/E/G ratio of 2.36 and a beta of 1.35. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98. The business’s fifty day simple moving average is $351.52 and its 200-day simple moving average is $328.41.

GE Aerospace (NYSE:GE) last released its quarterly earnings data on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating the consensus estimate of $1.86 by $0.16. The business had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The business’s revenue was up 21.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, equities analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Monday, July 6th were given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, July 6th. GE Aerospace’s payout ratio is currently 22.14%.

Insider Buying and Selling

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

Institutional Trading of GE Aerospace

A number of large investors have recently added to or reduced their stakes in the company. Bullseye Investment Management LLC bought a new stake in GE Aerospace in the second quarter worth $123,000. Bouchey Financial Group Ltd. raised its stake in GE Aerospace by 16.0% during the second quarter. Bouchey Financial Group Ltd. now owns 3,451 shares of the company’s stock valued at $1,290,000 after purchasing an additional 475 shares in the last quarter. Miramontes Capital LLC lifted its position in GE Aerospace by 2.0% during the second quarter. Miramontes Capital LLC now owns 3,634 shares of the company’s stock valued at $1,358,000 after purchasing an additional 73 shares during the last quarter. Tortoise Investment Management LLC lifted its position in GE Aerospace by 4.5% during the second quarter. Tortoise Investment Management LLC now owns 1,431 shares of the company’s stock valued at $535,000 after purchasing an additional 62 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in GE Aerospace by 1.9% during the second quarter. Sequoia Financial Advisors LLC now owns 88,294 shares of the company’s stock valued at $32,998,000 after purchasing an additional 1,634 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

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.