General Electric (GE) has seen significant shifts in investment. Several firms, including World Investment Advisors LLC, Tidal Investments LLC, Sanctuary Advisors LLC, TCW Group Inc., and others have boosted their GE holdings. Meanwhile, Retirement Systems of Alabama and Public Employees Retirement System of Ohio have cut positions. The company also reached a $362.5 million shareholder settlement over power unit dispute. GE has seen sporadic trading activities with minor fluctuations in its share prices, while some advisors are buying more shares, others are selling. The company did raise their quarterly dividend to $0.28. GE underwent a massive restructuring, splitting into three distinct companies, outlined its vision for the future and was added to S&P Aerospace & Defense Index. With an affirmed dividend and strategic alliances in place, the company's future prospects seem promising. However, at the same time, certain investment firms have also exited their positions in GE.
General Electric Company GE News Analytics from Tue, 23 Jan 2024 08:00:00 GMT to Sat, 14 Dec 2024 11:13:24 GMT -
Rating 5
- Innovation 8
- Information 7
- Rumor -3
