Corient Private Wealth LLC Has $1.05 Billion Position in GE Vernova Inc. $GEV

Key Points

• Corient Private Wealth sharply increased its GE Vernova stake by 2,802.8% in the fourth quarter, ending with 1.61 million shares valued at about $1.05 billion. The position now represents roughly 0.6% of its portfolio and is its 25th largest holding.
• Analyst sentiment remains bullish, with several firms raising price targets and ratings, including Sanford C. Bernstein’s upgrade to “strong-buy.” Overall, GE Vernova has a Moderate Buy consensus and an average target price of about $1,089.88.
• The company continues to benefit from growth themes in power infrastructure and AI-driven electricity demand, highlighted by a deal to help rebuild Venezuela’s power grid and a new sustainability report. At the same time, there has been some insider selling, which may temper enthusiasm slightly.

Corient Private Wealth LLC boosted its stake in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 2,802.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,608,714 shares of the company's stock after purchasing an additional 1,553,295 shares during the period. GE Vernova comprises approximately 0.5% of Corient Private Wealth LLC's holdings, making the stock its 25th largest position. Corient Private Wealth LLC owned approximately 0.60% of GE Vernova worth $1,051,407,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Brighton Jones LLC increased its stake in shares of GE Vernova by 29.4% during the 4th quarter. Brighton Jones LLC now owns 3,315 shares of the company's stock worth $1,091,000 after purchasing an additional 753 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings in GE Vernova by 1.7% in the second quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company's stock worth $828,000 after purchasing an additional 26 shares in the last quarter. Jump Financial LLC acquired a new position in GE Vernova during the second quarter worth $258,000. Ossiam acquired a new position in GE Vernova during the second quarter worth $42,000. Finally, Nebula Research & Development LLC raised its holdings in GE Vernova by 23.9% during the second quarter. Nebula Research & Development LLC now owns 1,674 shares of the company's stock valued at $886,000 after buying an additional 323 shares in the last quarter.

Insider Buying and Selling at GE Vernova

In related news, CAO Matthew Joseph Potvin sold 2,333 shares of the business's stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $1,059.09, for a total value of $2,470,856.97. Following the sale, the chief accounting officer owned 3,549 shares of the company's stock, valued at $3,758,710.41. The trade was a 39.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Victor Abate sold 4,819 shares of the company's stock in a transaction on 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 completion of the sale, the chief executive officer owned 1,835 shares in the company, valued at $1,739,726.80. This trade represents a 72.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.21% of the stock is owned by insiders.

Analyst Ratings Changes

GEV has been the subject of a number of analyst reports. Argus set a $1,300.00 price target on GE Vernova in a research report on Monday, April 27th. Wells Fargo & Company raised their price objective on GE Vernova from $831.00 to $896.00 and gave the company an "overweight" rating in a research note on Tuesday, March 31st. BMO Capital Markets upped their target price on GE Vernova from $1,110.00 to $1,250.00 and gave the stock an "outperform" rating in a research report on Thursday, April 23rd. Royal Bank Of Canada increased their price target on GE Vernova from $996.00 to $1,195.00 and gave the company an "outperform" rating in a report on Thursday, April 23rd. Finally, Rothschild & Co Redburn raised shares of GE Vernova from a "sell" rating to a "buy" rating and lifted their price target for the company from $560.00 to $1,100.00 in a research report on Monday, March 9th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $1,089.88.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: Sanford C. Bernstein upgraded GE Vernova to “strong-buy”, adding fresh analyst support and reinforcing the bullish view on the company’s long-term power and electrification growth story.
• Positive Sentiment: GE Vernova signed a deal to help rebuild Venezuela’s power grid, highlighting new international project opportunities and demand for its grid and power solutions. GE Vernova signs deal to rebuild Venezuelan power grid
• Positive Sentiment: The company’s newly released 2025 Sustainability Report emphasized progress in adding power to the grid, lowering carbon intensity, and advancing breakthrough energy technologies, supporting the investment case around its clean-energy and infrastructure exposure. GE Vernova’s New Sustainability Report Highlights Progress Adding New Power to the Grid, Enabling People to Thrive, Reducing Carbon Intensity, and Advancing Breakthrough Energy Technologies
• Positive Sentiment: Investor interest remains strong as GE Vernova is being viewed as a key AI power-infrastructure play, with growing electricity demand from data centers keeping sentiment elevated.
• Neutral Sentiment: GE Vernova’s supplier Arcosa broke out on strength tied to data-center-driven construction demand, a supportive read-through for the broader power and infrastructure supply chain. GE Vernova Supplier Breaks Out As Data Centers Lift Construction Sector
• Negative Sentiment: One report flagged recent insider selling at GE Vernova as a cautionary sign, which may temper enthusiasm despite the broader bullish trend.

GE Vernova Stock Up 6.0%

Shares of GEV stock opened at $1,111.65 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.19. The firm has a market cap of $298.72 billion, a PE ratio of 32.38, a price-to-earnings-growth ratio of 3.89 and a beta of 1.23. The stock has a 50 day moving average of $1,019.28 and a 200-day moving average of $845.99. GE Vernova Inc. has a 12 month low of $479.04 and a 12 month high of $1,181.95.

GE Vernova (NYSE:GEV - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $15.49. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The firm had revenue of $9.34 billion for the quarter, compared to analyst estimates of $9.19 billion. During the same period in the previous year, the company posted $0.91 earnings per share. The company's quarterly revenue was up 17.0% compared to the same quarter last year. On average, equities analysts predict that GE Vernova Inc. will post 14.99 EPS for the current year.

GE Vernova Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Tuesday, June 16th. GE Vernova's dividend payout ratio (DPR) is 5.83%.

GE Vernova 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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