General Electric Common Stock (NYSE: GE)

General Electric Inc. is a publicly traded company listed on the New York (NYSE) stock exchange under the ticker symbol "GE". General Electric is a component of the S&P 500 Index.

Historical stock performance:

GE has had a volatile stock performance in recent years, with significant ups and downs. From 2017 to 2020, GE's stock price fell by more than 75%, due to a series of financial and operational challenges, including high debt levels, accounting issues, and declining revenue. However, GE's stock price has shown some signs of recovery

In 2021, General Electric announced their plan to form three public companies focused on aviation, healthcare and energy.

In July, 2021 General Electric Common Stock underwent a 1-for-8 reverse stock split, then a 1281:1000 stock split plus a stock spin-off of in January of 2023. GE common stock shareholders received 1 share of GE HealthCare common stock for every 3 shares of GE common stock they owned. The distribution was part of tax-free spin-off.

The General Electric Energy spin-off is likely to occur at some point in 2024.

General Electric (GE) is classified under the Industrials sector, which is one of the 11 sectors in the GICS system.

Within the Industrials sector, GE is further classified under the Industrial Conglomerates subsector. This subsector includes companies that operate in multiple industries and have diverse business interests. GE is a well-known conglomerate with interests in various industries, such as aviation, power, renewable energy, healthcare, and finance.

The GICS classification system is widely used by investors, financial analysts, and other market participants to understand the composition and performance of different sectors and industries in the stock market. By categorizing companies based on their primary business activity, the GICS system allows investors to compare the performance of companies within the same industry and identify trends and opportunities in specific sectors.

Investors who are interested in buying or selling General Electric stock can do so through a brokerage account or an online trading platform. It's important to keep in mind that investing in stocks carries risks, and past performance is not necessarily indicative of future results. Therefore, it's always recommended to do your own research and consult with a licensed financial advisor before making any investment decisions.

General Electric Common Stock Dividend

General Electric raised its quarterly dividend from $0.08

GE has paid a quarterly dividend for many years. However, in 2017, the company reduced its quarterly dividend from $0.24 per share to $0.12 per share. In 2018, GE again reduced its dividend to $0.01 per share to prioritize debt reduction and operational improvements.

 

General Electric (NYSE: GE) stock price by TradingView

 

About General Electric (NYSE: GE)

General Electric (GE) is an American multinational conglomerate that operates in a variety of industries, including aviation, healthcare, renewable energy, and finance. The company is headquartered in Boston, Massachusetts. The company was founded in 1892 following a merger with the Thomson-Houston Company, and it quickly became a dominant force in the electrical power industry.

Thomas Edison was the founder of General Electric (GE). Thomas Edison is a renowned inventor and businessman who is best known for his inventions such as the electric light bulb, the phonograph, and the motion picture camera. Edison was a prolific inventor, with over 1,000 patents to his name, and he played a key role in the development of the electrical power industry.

In 1878, Edison founded the Edison Electric Light Company, which later became General Electric in 1892 following a merger with the Thomson-Houston Company. The newly formed GE was one of the largest companies in the world, and quickly became a dominant force in the electrical power industry, producing a wide range of products such as electric motors, generators, and lighting equipment.

Edison remained involved with General Electric throughout his life, serving as a member of the board of directors and continuing to work on new inventions and innovations. He is widely regarded as one of the most important inventors and entrepreneurs in American history, and his contributions to the development of the electrical power industry laid the foundation for much of the technological progress that has occurred in the modern era.

General Electric is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol GE. GE was once one of the largest companies in the world, and was a component of the Dow Jones Industrial Average from 1896 until 2018.

Today, GE operates in over 160 countries and employs over 200,000 people worldwide. Its products and services span a wide range of industries and applications, including aircraft engines, medical imaging equipment, wind turbines, gas turbines, and power grid solutions.

GE's businesses are organized into four main segments:

    GE Power

      GE Power focuses on providing power generation and energy management solutions for industrial, commercial, and utility customers around the world. The division was formed in 2015 when GE combined several of its power-related businesses into a single unit.

      GE Power offers a wide range of products and services related to power generation and distribution, including gas and steam turbines, generators, transformers, and control systems. The division also provides solutions for energy management and grid modernization, such as digital control systems and software platforms that help customers optimize their energy use.

      Despite its expertise in traditional power generation technologies, GE Power has also been investing heavily in renewable energy solutions such as wind and solar power. The division has developed a range of products and services for the renewable energy market, such as wind turbines and energy storage systems.

      In recent years, GE Power has faced significant financial and operational challenges, due in part to a slowdown in demand for traditional power generation equipment and increased competition from other players in the market. The division has been undergoing a significant restructuring effort, including job cuts and divestitures of non-core businesses, in order to streamline operations and focus on its core businesses.

      Despite these challenges, GE Power remains a significant player in the power generation industry, and continues to invest in new technologies and solutions for its customers.

    GE Renewable Energy

      GE Renewable Energy focuses on developing and providing renewable energy solutions, including wind, solar, hydro, and geothermal power technologies. The division was formed in 2015 when GE combined several of its renewable energy businesses into a single unit.

      GE Renewable Energy offers a wide range of products and services related to renewable energy generation and distribution, including wind turbines, solar panels, hydro turbines, and energy storage systems. The division also provides solutions for energy management and grid modernization, such as digital control systems and software platforms that help customers optimize their energy use.

      GE Renewable Energy has a significant presence in the wind power industry, and is one of the largest manufacturers of wind turbines in the world. The division's wind turbines are used in a variety of settings, from large-scale wind farms to small-scale distributed energy projects.

      In addition to wind power, GE Renewable Energy has been investing in other renewable energy technologies such as solar power and hydro power. The division has developed a range of products and services for these markets, including solar panels and hydro turbines.

      GE Renewable Energy has made a commitment to sustainability and reducing the environmental impact of its operations. The division has set ambitious targets for reducing its greenhouse gas emissions and increasing its use of renewable energy sources in its own operations.

      Despite facing some financial and operational challenges in recent years, GE Renewable Energy continues to be a significant player in the renewable energy industry, and is committed to developing innovative solutions to help its customers transition to a more sustainable energy future.

    GE Aviation

      GE Aviation focuses on designing, developing, and producing aircraft engines and related technologies. The division was founded in 1917 as a subsidiary of GE, and has since become one of the largest manufacturers of aircraft engines in the world.

      GE Aviation offers a wide range of products and services related to aircraft engines and aviation technology, including commercial and military engines, avionics systems, and digital solutions for airline operations. The division is also involved in the development of advanced materials and manufacturing processes for aerospace applications.

      One of GE Aviation's most well-known products is the GE90 engine, which is used in a variety of large commercial aircraft such as the Boeing 777. The division also produces engines for military aircraft such as the F-16 and F-35 fighter jets.

      In addition to its core businesses, GE Aviation has also been investing in new technologies such as additive manufacturing (also known as 3D printing) and advanced materials such as carbon fiber composites. These technologies have the potential to transform the aerospace industry by reducing weight and increasing efficiency in aircraft design.

      GE Aviation has a significant presence in the global aviation industry, and works closely with airlines, aircraft manufacturers, and military organizations around the world to provide innovative solutions for their needs. The division has a strong commitment to safety, sustainability, and customer satisfaction, and continues to invest in new technologies and solutions to meet the evolving needs of the aviation industry.

    GE Healthcare

    The GE Healthcare division was spun-off to GE Healthcare Technologies (NASDAQ: GEHC) in January of 2023. GE common stock shareholders received 1 share of GE HealthCare common stock for every 3 shares of GE common stock they owned.

      GE Healthcare focuses on providing healthcare technologies and services to hospitals, clinics, research institutions, and other healthcare providers around the world. The division was founded in 1994 and has since become one of the largest manufacturers of medical equipment and healthcare technology solutions in the world.

      GE Healthcare offers a wide range of products and services related to medical imaging, diagnostics, monitoring, and life sciences. The division produces a variety of medical devices and equipment, such as MRI machines, CT scanners, ultrasound systems, patient monitors, and anesthesia delivery systems. GE Healthcare also provides software and digital solutions for medical record-keeping, medical analytics, and other healthcare management needs.

      In addition to its core businesses, GE Healthcare has also been investing in new technologies such as artificial intelligence and machine learning, which have the potential to transform the healthcare industry by improving patient outcomes and reducing costs.

      GE Healthcare has a significant presence in the global healthcare industry, and works closely with healthcare providers and research institutions around the world to provide innovative solutions for their needs. The division has a strong commitment to patient care, quality, and safety, and continues to invest in new technologies and solutions to meet the evolving needs of the healthcare industry.

      [

      ]

General Electric also has a finance arm called GE Capital, which provides commercial lending and leasing services.

In addition to its core businesses, GE has also been involved in a variety of other ventures over the years, including the development of theme parks and the production of movies and television shows.

In recent years, GE has faced financial and operational challenges. The company has been restructuring its businesses and selling off non-core assets to focus on its core businesses. In addition, GE has faced scrutiny over its accounting practices and has been subject to investigations by regulatory authorities.

Despite these challenges, GE remains a significant player in several industries and continues to invest in new technologies and innovation. For example, the company is a leader in the development of renewable energy solutions such as wind and solar power, and is also exploring new technologies such as 3D printing and artificial intelligence.

Throughout its history, GE has been known for its innovation and technological advancements. For example, the company was instrumental in developing the modern electric power industry, and has been involved in everything from jet engines to medical imaging technology. General Electric also developed the first practical incandescent light bulb in 1879, and was also involved in the development of early television technology.

GE has faced criticism over its environmental record, particularly in relation to its involvement in the fossil fuel industry. The company has made efforts to address these concerns, such as by investing in renewable energy solutions and setting targets for reducing its greenhouse gas emissions.

The company's famous "GE" logo was designed in 1899 by a GE employee named Charles Coffin. The logo has undergone several revisions over the years, but has remained a recognizable symbol of the company's brand.

General Electric has been involved in some major infrastructure projects around the world, such as the construction of the Hoover Dam in the 1930s and the Channel Tunnel between the UK and France in the 1990s.

General Electric has a long history of innovation, with over 200,000 patents filed worldwide.

 

General Electric (NYSE: GE) Fundamentals by TradingView

 

 

 

 

General Electric (NYSE: GE) Stock Analysis by TradingView