Uniting Wealth Partners LLC Takes Position in GE Vernova Inc. $GEV

Posted by Stanley Muller on Aug 22nd, 2026

Uniting Wealth Partners LLC acquired a new stake in shares of GE Vernova Inc. (NYSE:GEV – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 867 shares of the company’s stock, valued at approximately $1,020,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in GEV. Auto Owners Insurance Co grew its holdings in shares of GE Vernova by 110,973.4% during the fourth quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company’s stock worth $2,278,224,000 after purchasing an additional 34,826,773 shares in the last quarter. Norges Bank bought a new position in shares of GE Vernova in the fourth quarter worth approximately $2,283,114,000. Northwestern Mutual Wealth Management Co. raised its stake in GE Vernova by 5,171.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,452,858 shares of the company’s stock valued at $1,603,114,000 after purchasing an additional 2,406,326 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in GE Vernova in the second quarter valued at approximately $2,497,472,000. Finally, Corient Private Wealth LLC lifted its position in GE Vernova by 2,802.8% during the fourth quarter. Corient Private Wealth LLC now owns 1,608,714 shares of the company’s stock valued at $1,051,407,000 after purchasing an additional 1,553,295 shares during the last quarter.

GE Vernova Stock Down 1.0%

Shares of NYSE GEV opened at $956.69 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. GE Vernova Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94. The firm’s fifty day moving average is $1,042.72 and its 200 day moving average is $968.13. The company has a market cap of $254.80 billion, a price-to-earnings ratio of 27.38, a PEG ratio of 3.45 and a beta of 1.21.

GE Vernova (NYSE:GEV – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The business had revenue of $11.10 billion for the quarter, compared to the consensus estimate of $10.79 billion. During the same period in the previous year, the company earned $1.86 EPS. The company’s revenue for the quarter was up 21.9% on a year-over-year basis. On average, equities research analysts expect that GE Vernova Inc. will post 15.57 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on GEV shares. BMO Capital Markets reissued an “outperform” rating on shares of GE Vernova in a research note on Friday, August 7th. Jefferies Financial Group restated a “buy” rating on shares of GE Vernova in a research report on Monday, July 27th. TD Cowen lifted their price objective on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. William Blair reiterated an “outperform” rating on shares of GE Vernova in a research report on Monday, August 3rd. Finally, Argus set a $1,300.00 target price on GE Vernova in a research note on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,133.15.

Get Our Latest Stock Analysis on GEV

Insiders Place Their Bets

In other news, CEO Victor Abate sold 4,819 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $948.08, for a total value of $4,568,797.52. Following the sale, the chief executive officer directly owned 1,835 shares of the company’s stock, valued at $1,739,726.80. This represents a 72.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.21% of the stock is currently owned by insiders.

GE Vernova Profile

(Free Report)

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.