General Electric (GE) has witnessed a flurry of investment activities. Major investment firms like
United Services Automobile Association and
Zimmer Partners LP have adjusted their stake, whereas
iA Global Asset Management Inc, and
Stifel Financial Corp increased their positions. The company finalised a
$362.5 million shareholder settlement over its power unit. Contributing to the fluctuating stock prices,
Wellington Management Group LLP and
Zurich Insurance Group Ltd FI decreased their positions, while
HighTower Advisors LLC and
Janus Henderson Group PLC maintain sizeable stakes. Short interest in GE has grown significantly. GE's presence in the
S&P Aerospace & Defense Index has been affirmed, and the company demonstrated new innovations at the
2024 Farnborough Airshow. GE announced its Q4 2023 results and the completion of its three-way split into distinct companies. Notably,
GE Aerospace emerged as a standalone company after GE completed the spin-off of its aviation engines business. Despite the breakup, investment interest remains robust, with newly formed GE Vernova unveiling AI-based software to advance industrial sustainability.
General Electric Company GE News Analytics from Tue, 23 Jan 2024 08:00:00 GMT to Sat, 07 Dec 2024 14:15:37 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor 8
