GE Aerospace (NYSE:GE) Releases Earnings Results, Beats Expectations By $0.20 EPS

GE Aerospace (NYSE:GE - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $1.49 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.20, Zacks reports. GE Aerospace had a return on equity of 22.19% and a net margin of 14.31%. The company had revenue of $9.94 billion for the quarter, compared to analyst estimates of $9.06 billion. GE Aerospace updated its FY 2025 guidance to 5.100-5.450 EPS.

GE Aerospace Stock Up 0.6 %

Shares of NYSE:GE traded up $1.14 during trading on Friday, hitting $198.55. 4,390,590 shares of the company's stock traded hands, compared to its average volume of 5,401,832. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88. The company has a 50-day moving average price of $194.59 and a 200-day moving average price of $186.61. GE Aerospace has a 52 week low of $150.20 and a 52 week high of $214.21. The company has a market cap of $213.10 billion, a price-to-earnings ratio of 33.15, a price-to-earnings-growth ratio of 2.59 and a beta of 1.04.

GE Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, March 10th will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 0.73%. This is a boost from GE Aerospace's previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Monday, March 10th. GE Aerospace's payout ratio is presently 22.40%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on GE shares. Wells Fargo & Company upped their price objective on GE Aerospace from $212.00 to $222.00 and gave the stock an "overweight" rating in a report on Thursday. Bank of America raised their price target on GE Aerospace from $200.00 to $225.00 and gave the company a "buy" rating in a report on Monday, January 27th. JPMorgan Chase & Co. lifted their price objective on GE Aerospace from $190.00 to $210.00 and gave the stock an "overweight" rating in a research report on Friday, January 24th. UBS Group upped their target price on shares of GE Aerospace from $207.00 to $216.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of GE Aerospace from $235.00 to $228.00 and set a "buy" rating for the company in a research report on Thursday, January 2nd. One investment analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $216.92.

Institutional Trading of GE Aerospace

An institutional investor recently raised its position in GE Aerospace stock. Brighton Jones LLC lifted its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 25.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,008 shares of the company's stock after buying an additional 2,421 shares during the quarter. Brighton Jones LLC's holdings in GE Aerospace were worth $2,003,000 as of its most recent SEC filing. Institutional investors and hedge funds own 74.77% of the company's stock.

GE Aerospace Company Profile

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.