General Electric Company (GE) has experienced a flurry of activity, with numerous asset management companies and investment groups adjusting their stake in its stocks. Entities including
Smithfield Trust Co, E Fund Management Co. Ltd., Callan Family Office LLC, and Raymond James Financial Inc. are establishing or augmenting their position in GE. However, some such as Chung Wu Investment Group LLC, Cookson Peirce & Co. Inc., and Norden Group LLC sold a significant number of shares. The company's shares have also found their way into the portfolios of
Assetmark Inc., SBI Securities Co. Ltd., Plato Investment Management Ltd, and SVB Wealth LLC. Recently, GE secured a $362.5 million shareholder settlement over its power division. Moreover, it got added to the
S&P Aerospace & Defense Index which could potentially boost stock performance. GE also displayed leadership on the 2024
Farnborough Airshow with investments in Maintenance, Repair, and Overhaul, or MRO, supporting its commitment to innovation. On the contrary, GE has seen some downsides with its shares falling, and GE Aerospace planning lay-offs in New York. GE's breakup into three separate entities is now fully complete, with GE Aerospace securing a stand-alone status.
General Electric Company GE News Analytics from Mon, 01 Apr 2024 16:23:54 GMT to Sat, 08 Mar 2025 11:42:38 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -3
