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Pinnacle Associates reduced its GE HealthCare stake by 6.2%, while GE reported Q2 earnings exceeding estimates.
Pinnacle Associates Ltd. cut its stake in GE HealthCare Technologies Inc. by 6.2%, owning 19,556 shares valued at $1.52 million.
Meanwhile, Cambridge Investment Research and Vanguard increased their holdings.
GE reported Q2 earnings of $1.00 per share, exceeding estimates, with revenues of $4.84 billion.
The company also raised its quarterly dividend to $0.03.
GE HealthCare has a market cap of $38.73 billion.
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Pinnacle Associates redujo su participación en GE HealthCare en un 6,2%, mientras que GE reportó ganancias superiores a las estimaciones.