HBK Sorce Advisory LLC reduced its stake in GE by 2.4% in Q2, while institutional investors own 74.77%.

HBK Sorce Advisory LLC reduced its stake in General Electric (GE) by 2.4% during Q2, yet institutional investors still own 74.77% of the company. GE reported Q2 earnings of $1.20 per share, surpassing estimates of $0.99, and declared a quarterly dividend of $0.28, yielding 0.66%. Analysts generally rate GE as a "Moderate Buy," with a target price of $191.14. GE specializes in aircraft engines and electric power systems.

September 13, 2024
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