19,376 Shares in GE Vernova Inc. $GEV Acquired by Oppenheimer Asset Management Inc.

Key Points

• Oppenheimer Asset Management acquired 19,376 GE Vernova shares in the second quarter, valued at approximately $22.8 million. Several other major institutions also significantly increased or initiated positions.
• Analyst sentiment remains broadly positive, with 22 Buy and two Strong Buy ratings; the consensus is “Moderate Buy” with an average price target of $1,133.15, though some firms recently downgraded the stock to Neutral or Hold.
• GE Vernova reported 21.9% year-over-year revenue growth to $11.1 billion but missed quarterly EPS expectations, posting $2.47 versus the $3.17 consensus. CEO Victor Abate also sold shares, reducing his direct ownership by 72.42%.

Oppenheimer Asset Management Inc. acquired a new stake in GE Vernova Inc. (NYSE:GEV - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 19,376 shares of the company's stock, valued at approximately $22,764,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Auto Owners Insurance Co increased 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 buying an additional 34,826,773 shares in the last quarter. Norges Bank acquired a new stake in shares of GE Vernova during the 4th quarter valued at $2,283,114,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of GE Vernova by 5,171.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,452,858 shares of the company's stock valued at $1,603,114,000 after acquiring an additional 2,406,326 shares in the last quarter. Corient Private Wealth LLC grew its position in GE Vernova by 2,802.8% during the 4th quarter. Corient Private Wealth LLC now owns 1,608,714 shares of the company's stock worth $1,051,407,000 after acquiring an additional 1,553,295 shares during the last quarter. Finally, Janus Henderson Group PLC grew its position in GE Vernova by 4,358.6% during the 1st quarter. Janus Henderson Group PLC now owns 1,519,799 shares of the company's stock worth $1,316,076,000 after acquiring an additional 1,485,712 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts have commented on GEV shares. Susquehanna set a $1,300.00 target price on GE Vernova in a research report on Thursday, April 23rd. Barclays boosted their price target on GE Vernova from $993.00 to $1,250.00 and gave the stock an "overweight" rating in a report on Thursday, April 23rd. BNP Paribas Exane downgraded GE Vernova from an "outperform" rating to a "neutral" rating and set a $1,190.00 price objective for the company. in a research note on Monday, April 27th. Zacks Research lowered shares of GE Vernova from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 28th. Finally, Guggenheim lifted their target price on shares of GE Vernova from $1,300.00 to $1,450.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $1,133.15.

Insider Transactions at GE Vernova

In related news, CEO Victor Abate sold 4,819 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.21% of the stock is currently owned by corporate insiders.

GE Vernova News Summary

Here are the key news stories impacting GE Vernova this week:

• Positive Sentiment: GE Vernova’s backlog reportedly reached $176 billion, while a nuclear-related AI power agreement strengthened the investment case for its positioning in the rapidly expanding electricity and data-center infrastructure markets. GE Vernova Is Up 8.9% After Backlog Surges To $176 Billion And Nuclear AI Deal
• Positive Sentiment: GE Vernova is leading an ARPA-E project with SHINE to modernize tracking of spent nuclear fuel during recycling. Although the project is unlikely to materially affect near-term earnings, it supports GEV’s longer-term exposure to nuclear-energy development and fuel-cycle technology. SHINE Joins GE Vernova-Led ARPA-E Project
• Neutral Sentiment: A comparison of industrial machinery stocks frames 2026 as a competition to control the electrification stack. This reinforces GEV’s favorable industry exposure, but the article is primarily comparative and does not identify a new company-specific catalyst. Which Industrial Machinery Stock Has Dominated in 2026
• Negative Sentiment: GE Vernova and other behind-the-meter power stocks sold off amid concerns about hidden hyperscaler debt and a 19-year Treasury yield high. Higher rates can pressure richly valued growth and infrastructure shares, while questions about how AI data-center projects are financed raised doubts despite record backlogs. Behind-the-Meter Energy Stocks Fall Tuesday
• Negative Sentiment: Weakness across Bloom Energy, Fluence Energy and other AI-power names indicates sector-wide profit-taking and risk reduction. Bloom’s strong results and AI deals were tempered by valuation and supply-chain concerns, creating potential spillover pressure for GEV even without a direct negative announcement. Bloom Energy’s AI Surge Meets a Valuation Reality Check

GE Vernova Trading Down 1.7%

Shares of GEV stock opened at $987.05 on Thursday. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85. The stock has a 50 day simple moving average of $1,041.16 and a two-hundred day simple moving average of $966.52. The company has a market cap of $262.88 billion, a P/E ratio of 28.25, a PEG ratio of 3.58 and a beta of 1.21.

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

GE Vernova Company Profile

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.

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