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GE Aerospace posts strong Q2 earnings, rising stock, and a dividend set for October 27.
GE Aerospace reported strong second-quarter earnings, with $1.66 in EPS and $10.15 billion in revenue, up 21.2% year-over-year.
Institutional investors, including Omnia Family Wealth and Global Assets Advisory, increased their stakes, while Stableford Capital II reduced its position.
The stock, trading near its 12-month high of $307.25, has a market cap of $318.65 billion and a consensus "Moderate Buy" rating with a target price of $267.13.
A quarterly dividend of $0.36 is set for October 27th.
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GE Aerospace publica fuertes ganancias del segundo trimestre, acciones en alza, y un dividendo fijado para el 27 de octubre.