Waverton Investment Management slightly reduced its stake in GE, which beat Q3 earnings and announced a dividend.

Waverton Investment Management Ltd slightly reduced its stake in General Electric (GE) by 0.1% in Q3, owning 1,100,721 shares. Other institutional investors also adjusted their positions, with some increasing holdings. Analysts have given GE positive ratings, with UBS and Melius Research raising their price targets. GE reported Q3 earnings of $1.15 EPS, beating estimates, and announced a $0.28 quarterly dividend.

November 11, 2024
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