M&T Bank Corp Trims Stock Position in GE Aerospace $GE

M&T Bank Corp significantly reduced its stake in GE Aerospace (NYSE:GE) by 97.4% in the fourth quarter, selling 189,479 shares and retaining 4,971 shares valued at $1.53 million. Despite this, other institutional investors have increased their positions in GE Aerospace, and the company recently reported strong quarterly earnings, beating analyst estimates and increasing its quarterly dividend. The article also details recent insider stock sales and analyst ratings, which largely recommend a “Moderate Buy” with a consensus target price of $349.89.

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