Commonwealth Equity Services Sells 91,088 Shares, Cuts GE HealthCare Holding 34.4%
Commonwealth Equity Services LLC trimmed its stake in GE HealthCare Technologies Inc. by 34.4% in the third quarter, selling 91,088 shares and reducing its holding to 173,486 shares valued at $13.03 million. The move contributes to GEHC’s 82.06% institutional ownership as funds like Mirae Asset Global and Wedge Capital adjust their positions.
1. Institutional Stake Reduction by Commonwealth Equity Services
Commonwealth Equity Services LLC trimmed its position in GE HealthCare Technologies Inc. by 34.4% during the third quarter, according to its latest 13F filing with the SEC. The fund sold 91,088 shares, reducing its total stake to 173,486 shares. As of the end of the period, Commonwealth’s remaining holdings were valued at approximately USD 13.03 million. This marked one of several shifts among large institutional investors, following National Bank of Canada FI’s 133.3% increase to 899,693 shares and Wedge Capital Management’s new position valued at about USD 26.86 million.
2. Q3 Earnings Performance and Dividend Declaration
In its third-quarter results, GE HealthCare reported revenue of USD 5.14 billion, up 5.8% year-over-year, and delivered adjusted earnings per share of USD 1.07, exceeding consensus by USD 0.02. The company achieved a net margin of 10.94% and a return on equity of 22.52%. Management set full-year 2025 guidance at EPS between USD 4.51 and 4.63. Additionally, GE HealthCare announced a quarterly dividend of USD 0.035 per share, payable February 13 to shareholders of record as of January 9, representing an annualized yield of 0.2% and a payout ratio of 2.89%.