General Electric Company stock is trading -5.4% below its average target price of $100.89 after marking a 1.2% change Friday. Analysts are giving the large-cap Metal Fabrication company an average rating of buy and target prices ranging from $84.2 to $110.0 per share.
The stock has a very low short interest at 1.5%, and a short ratio of 1.87. The company's insiders own 0.2% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 72.5% of General Electric Company's shares being owned by this investor type.
Institutions Invested in General Electric Company
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2022-12-31 | Capital Research Global Investors | 9% | 102,093,162 | $9,743,771,630 |
| 2022-12-31 | Vanguard Group, Inc. (The) | 8% | 86,785,547 | $8,282,812,817 |
| 2022-12-31 | Blackrock Inc. | 6% | 67,872,032 | $6,477,706,899 |
| 2022-12-31 | FMR, LLC | 6% | 60,332,333 | $5,758,118,008 |
| 2022-12-31 | Price (T.Rowe) Associates Inc | 5% | 54,400,481 | $5,191,982,039 |
| 2022-12-31 | State Street Corporation | 4% | 41,332,656 | $3,944,788,789 |
| 2022-12-31 | Dodge & Cox Inc | 3% | 37,176,656 | $3,548,140,139 |
| 2022-12-31 | Capital International Investors | 2% | 24,057,814 | $2,296,077,826 |
| 2022-12-31 | Geode Capital Management, LLC | 2% | 18,952,831 | $1,808,858,236 |
| 2022-12-31 | Hotchkis & Wiley Capital Management, LLC | 1% | 15,723,447 | $1,500,645,820 |
