General Electric (NYSE:GE) has recently exhibited significant market activities. The company declared a quarterly dividend of
$0.36 per share, generating renewed interest for various investors. Several trust companies and wealth management firms have consequently adjusted their investments in GE. Despite certain entities like Roman Butler Fullerton & Co., CapWealth Advisors LLC, and New York State Teachers Retirement System reducing their stockholdings, others have increased their position. GE shares have also traded 1.1% higher and achieved a new 12-month high. The company continues to attract new investments and has resolved a major shareholder settlement involving its power unit for
$362.5 million. Notably, they have also been added to the
S&P Aerospace & Defense Index, signaling a positive on their strategic maneuvers. Amidst rationing in some sectors like GE HealthCare Technologies, GE has successfully launched GE Aerospace and completed a split into three public companies. However, despite these positive trends, shares fell due to a decrease in stake by entities like Calamos Advisors LLC. Currently, GE continues to trade actively in the market.
General Electric Company GE News Analytics from Tue, 02 Apr 2024 07:00:00 GMT to Sat, 15 Feb 2025 13:10:54 GMT -
Innovation 7
