The current consensus rating on General Electric Company (NYSE:GE) is Hold (Score: 2.47) with a consensus target price of $33.13 per share, a potential 10.42% upside. Finally, Northwest Quadrant Wealth Management LLC purchased a new stake in General Electric Company during the fourth quarter worth $177,000. Wg Shaheen & Dba Whitney & stated it has 1.93% in General Electric Company (NYSE:GE).
General Electric Company (GE) belongs to the "Industrial Goods" sector with an industry focus on "Diversified Machinery", with Mr. Jeffrey R. Immelt as Exec. Chairman and Chief Exec. Officer. General Electric Company has $67 highest and $25.84 lowest target. Analysts had been expecting earnings of 17 cents per share and $26.37 billion in revenue. Late previous year, Immelt said the move to combine GE's oil and gas business with Baker Hughes would provide the opportunity to achieve significant savings through synergies while giving shareholders in both companies upside.
As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Portland General Electric Company (NYSE:POR).
Based on the latest notes released to investors, 2 analysts have issued a rating of "buy", 0 analysts "outperform", 6 analysts "hold", 3 analysts "underperform" and 1 analysts "sell".
On 1/23/2017 Alexander Dimitrief, Insider, bought 231 with an average share price of $30.50 per share and the total transaction amounting to $7,045.50. For the 2017 fiscal year, the current consensus calls for EPS of $1.63 on revenues of $133.43 billion.
Since the start of the New Year, General Electric Company (NYSE:GE) shares have seen a move of -4.31%. The firm has a market cap of $261.74 billion, a PE ratio of 33.59 and a beta of 1.20.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 25th. If you are accessing this report on another domain, it was copied illegally and republished in violation of US & worldwide trademark & copyright laws.
On 6/10/2016 General Electric Company announced a quarterly dividend of $0.23 3.08% with an ex dividend date of 6/16/2016 which will be payable on 7/25/2016. The ex-dividend date is Thursday, February 23rd. This represents a $0.96 dividend on an annualized basis and a yield of 3.20%. Congress Asset Management Com Ma stated it has 0.32% in General Electric Company (NYSE:GE). The original version of this piece can be accessed at https://transcriptdaily.com/2017/04/20/general-electric-company-ge-stake-raised-by-nwq-investment-management-company-llc.html.
At the movement United States Steel Corporation (NYSE:X) is under coverage by number of analysts.
Last month, shares of GE rose after a report said Immelt is being "pushed into early retirement". Finally, Sanford C. Bernstein set a $38.00 price target on shares of General Electric Company and gave the company a buy rating in a research report on Friday, February 24th. Deutsche Bank AG reiterated a "neutral" rating and set a $28.00 price target on shares of General Electric Company in a research note on Wednesday, April 5th. The South State Corp holds 384,003 shares with $12.13M value, up from 374,140 last quarter. Following the sale, the insider now directly owns 738,907 shares in the company, valued at approximately $21,842,090.92. Institutional investors and hedge funds own 65.86% of the company's stock. The stock presently has an average rating of "Hold" and a consensus target price of $33.02. The disclosure for this sale can be found here.