Ge Aerospace Stock Today
| GE Stock | USD 169.81 5.14 3.12% |
Performance0 of 100
| Odds Of DistressLess than 5
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GE Aerospace is trading at 169.81 as of the 26th of July 2024, a 3.12 percent increase since the beginning of the trading day. The stock's lowest day price was 166.16. GE Aerospace has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Note, on April 22, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of GE Aerospace's common stock.
Business Domain Capital Goods | IPO Date 2nd of January 1962 | Category Industrials |
General Electric Company operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is headquartered in Boston, Massachusetts. General Electric operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. The company has 1.08 B outstanding shares of which 11.11 M shares are currently sold short in the market by investors with about 1.93 days to cover all shorted shares. More on GE Aerospace
Follow Valuation Options Odds of Bankruptcy
Fiscal Year End 28th of January 2025
GE Aerospace Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | John Slattery | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 6 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [General Electric Company, General Electric Company, General Electric Co. CEDEAR] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial Conglomerates, Aerospace & Defense, Industrials, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, NYSE 100 Index, Dow Jones Composite, ARCA Institutional, ARCA Major Markets, BETTERINVESTING 100 INDEX, Artificial Intelligence, Electrical Equipment, Alternative Energy, Investor Favorites, Giant Impact, Dividend Beast, Industrials, Industrial Conglomerates, Specialty Industrial Machinery, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | Animal TestingCatholicMilitary Contract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsGE Aerospace can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GE Aerospace's financial leverage. It provides some insight into what part of GE Aerospace's total assets is financed by creditors.
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GE Aerospace (GE) is traded on New York Stock Exchange in USA. It is located in 1 Neumann Way, Evendale, OH, United States, 45215 and employs 125,000 people. GE Aerospace is listed under Industrial Conglomerates category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a market capitalization of 178.55 B. GE Aerospace is active under Industrial Conglomerates sector as part of Industrials industry. The entity has 1.08 B outstanding shares of which 11.11 M shares are currently sold short in the market by investors with about 1.93 days to cover all shorted shares.
GE Aerospace reports about 17.26 B in cash with 5.18 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.82.
Check GE Aerospace Probability Of Bankruptcy
Ownership AllocationThe majority of GE Aerospace outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to purchase positions in GE Aerospace to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in GE Aerospace. Please pay attention to any change in the institutional holdings of GE Aerospace as this could imply that something significant has changed or is about to change at the company. Please note that on April 22, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of GE Aerospace's common stock.
Check GE Aerospace Ownership Details
GE Aerospace Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Northern Trust Corp | 2024-03-31 | 9.9 M | |
| Morgan Stanley - Brokerage Accounts | 2024-03-31 | 9.8 M | |
| Norges Bank | 2023-12-31 | 9.3 M | |
| Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2024-03-31 | 8.8 M | |
| Legal & General Group Plc | 2024-03-31 | 7.9 M | |
| Canada Pension Plan Investment Board | 2024-03-31 | 7.1 M | |
| Bank Of New York Mellon Corp | 2024-03-31 | 7 M | |
| Goldman Sachs Group Inc | 2024-03-31 | 6.9 M | |
| Amvescap Plc. | 2024-03-31 | 6.9 M | |
| Vanguard Group Inc | 2024-03-31 | 87.7 M | |
| Capital Research Global Investors | 2024-03-31 | 78.7 M |
GE Aerospace Historical Income Statement
GE Aerospace Stock Against Markets
GE Aerospace Corporate Directors
| Leslie Seidman | Independent Director | Profile | |
| Edward Garden | Independent Director | Profile | |
| Francisco DSouza | Independent Director | Profile | |
| Sebastien Bazin | Independent Director | Profile |
Additional Information and Resources on Investing in GE Aerospace Stock
When determining whether GE Aerospace is a strong investment it is important to analyze GE Aerospace's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GE Aerospace's future performance. For an informed investment choice regarding GE Aerospace Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GE Aerospace. If investors know GE Aerospace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GE Aerospace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.79) | Dividend Share 0.72 | Earnings Share 3.7 | Revenue Per Share 63.738 | Quarterly Revenue Growth 0.039 |
The market value of GE Aerospace is measured differently than its book value, which is the value of GE Aerospace that is recorded on the company's balance sheet. Investors also form their own opinion of GE Aerospace's value that differs from its market value or its book value, called intrinsic value, which is GE Aerospace's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GE Aerospace's market value can be influenced by many factors that don't directly affect GE Aerospace's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GE Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if GE Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GE Aerospace's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.