Hundreds of Hedge Funds Are Fleeing This Stock
A strange force has seized control of Wall Street. Hedge funds are already moving their money... and preparing for even stranger days ahead. Over 320 hedge funds have quietly sold THIS famous stock -- to prepare for a dramatic market shift Get the strange truth from a 50-year Wall Street insider... including the name and ticker of the stock hedge funds are selling hand-over-first.
About General Electric Company
General Electric Company operates as a high-tech industrial company worldwide. The company's Power segment offers heavy-duty and aeroderivative gas turbines for utilities, independent power producers, and industrial applications; maintenance, service, and upgrade solutions to plant assets and their operational lifecycle; steam power technology for fossil and nuclear applications, including boilers, generators, steam turbines, and air quality control systems; and advanced reactor technologies solutions comprising reactors, fuels, and support services for boiling water reactors. This segment also applies the science and systems of power conversion to provide motors, generators, automation, and control equipment; and drives for energy intensive industries, such as marine, oil and gas, mining, rail, metals, test systems, and water. Its Renewable Energy segment provides various solutions for its customers through combining onshore and offshore wind, blades, hydro, storage, solar, and grid solutions, as well as hybrid renewables and digital services offerings. The company's Aviation segment designs and produces commercial and military aircraft engines, integrated engine components, electric power, and mechanical aircraft systems; and provides aftermarket services. Its Healthcare segment develops, manufactures, markets, and services magnetic resonance, computed tomography, molecular imaging, x-ray and high-frequency soundwave systems, clinical monitoring and acute care systems, enterprise digital, artificial intelligence applications, consulting and command center, and complementary software and services; and researches, manufactures, and markets imaging agents. The company's Capital segment offers aviation leasing and financing, and working capital services; financial solutions and underwriting capabilities; and insurance and reinsurance for life and health risks, as well as annuity products. The company was founded in 1878 and is headquartered in Boston, Massachusetts.
General
| Name | General Electric Company |
| Ticker | GE |
| Exchange | NYSE |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 174,000 |
Highlights
| Analyst Target | 13.42 |
| Market Cap | 116,175,200,256 |
| PE Ratio | 40.70 |
| PEG Ratio | 10.89 |
| EBITDA | 5,731,999,744 |
Share Stats
| Shares Outstanding | 8,767,939,584 |
| Shares Float | 8,743,041,045 |
| Shares Short | 77,331,673 |
| Insider Holdings | 24% |
| Institution Holdings | 62.11% |
Highlights
| Analyst Target | 13.42 |
| Market Cap | 116,175,200,256 |
| PE Ratio | 40.70 |
| PEG Ratio | 10.89 |
| EBITDA | 5,731,999,744 |
Valuation
| Trailing PE | 23.00 |
| Forward PE | 54.35 |
| Price/Sales (Trailing 12 Mt.) | 1.50 |
| Price/Book (Most Recent Quarter) | 3.36 |
Dividend
General Electric Company pays out a dividend of $0.04 per share, with a dividend yield of 0.39%.
GE's last dividend payment was made to shareholders on April 26, 2021.
They pay out 100.00% of their earnings out as a dividend.
Recent Dividends
| Jul 25, 2024 | $0.28 |
| Apr 25, 2024 | $0.28 |
| Jan 25, 2024 | $0.08 |
| Oct 25, 2023 | $0.08 |
| Jul 25, 2023 | $0.08 |
| Apr 25, 2023 | $0.08 |
| Jan 25, 2023 | $0.08 |
| Oct 25, 2022 | $0.08 |
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