GE Aerospace (NYSE: GE) is 19.17% higher on its value in year-to-date trading and has touched a low of $124.88 and a high of $212.19 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GE stock was last observed hovering at around $201.96 in the last trading session, with the day’s loss setting it -3.19%.
Currently trading at $198.77, the stock is -2.95% and 4.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.16 million and changing -1.58% at the moment leaves the stock 12.69% off its SMA200. GE registered 58.86% gain for a year compared to 6-month gain of 14.51%.
The stock witnessed a -2.36% loss in the last 1 month and extending the period to 3 months gives it a 10.06%, and is -0.25% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.30% over the week and 2.48% over the month.
GE Aerospace (GE) has around 53000 employees, a market worth around $213.34B and $45.80B in sales. Current P/E ratio is 33.28 and Fwd P/E is 30.75. Profit margin for the company is 14.27%. Distance from 52-week low is 59.17% and -6.33% from its 52-week high. The company has generated returns on investments over the last 12 months (17.47%).
The EPS is expected to grow by 18.00% this year.
GE Aerospace (GE) Top Institutional Holders
The shares outstanding are 1.07B, and float is at 1.07B with Short Float at 1.07%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 89.33 million shares valued at $14.2 billion. The investor’s holdings represent 8.188% of the GE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 79.74 million shares valued at $$12.68 billion to account for 7.3088 of the shares outstanding. The other top investors are FMR LLC which holds 67.65 million shares representing 6.2012% and valued at over $10.76 billion, while CAPITAL RESEARCH GLOBAL INVESTORS holds 5.8493 of the shares totaling 63.7 million with a market value of $10.13 billion.
GE Aerospace (GE) Insider Activity
A total of 0 insider transactions have happened at GE Aerospace (GE) in the last six months, with sales accounting for 0 and purchases happening 0 times.
GE Aerospace disclosed in a document filed with the SEC on Feb 21 ’25 that Stokes Russell (Senior Vice President) sold a total of 8,730 shares of the company’s common stock. The trade occurred on Feb 21 ’25 and was made at $201.19 per share for $1.76 million. Following the transaction, the insider now directly holds 0.15 million shares of the GE stock.
Still, SEC filings show that on Feb 24 ’25, Stokes Russell (Senior Vice President) disposed off 3,111 shares at an average price of $199.80 for $0.62 million. The insider now directly holds 150,767 shares of GE Aerospace (GE).
GE Aerospace (GE): Who are the competitors?
The company’s main competitors (and peers) include Honeywell International Inc. (HON) that is trading 3.74% up over the past 12 months. Sienna Resources Inc. (SIE) that is 14.29% higher over the same period.
