Recent Hedge Fund Activity Points to GE's Risky Position

Investors evaluating General Electric Co (GE) should note recent hedge fund trends. A downward shift in holdings signals potential caution, as 14 funds held GE, yet aggregate share counts fell by 11.47%. This trend may indicate bearish sentiment impacting stock prices.

Date: 28-01-2025

AI Rating: 5

Earnings Per Share (EPS)
No mention of EPS values found in the report.
Revenue Growth
No information presented regarding revenue growth.
Net Income
No figures representing net income are provided.
Profit Margins (Gross, Operating, Net)
No details about profit margins are available.
Free Cash Flow (FCF)
No data related to free cash flow was included.
Return on Equity (ROE)
There is no information regarding the return on equity.

This report centers on the 13F filings of hedge funds for the period ending 12/31/2024, indicating significant activity surrounding General Electric Co (GE). It reveals that 14 hedge funds held GE, but aggregate holdings demonstrated a substantial decline of approximately 11.47%, dropping from about 23 million shares to 20 million shares. This reduced interest among funds could suggest a growing bearish outlook regarding the company's future performance.

A noteworthy aspect revealed is that while five funds increased their existing positions, four funds reduced their holdings and two established new positions. The exit of Heritage Investment Group Inc. from their GE common stock further emphasizes a shift in sentiment toward the stock. Since the general trend among the majority of funds appears negative, this could lead to downward pressure on stock prices. Hence, investors should tread cautiously in light of this data and await further developments in GE’s financial health.

Stocks: GE