Evolve Private Wealth LLC Has $2.72 Million Stake in GE Vernova Inc. $GEV

Key Points

• Evolve Private Wealth LLC increased its GE Vernova stake by 43.6% in the first quarter, ending with 3,115 shares valued at about $2.72 million.
• GE Vernova reported strong quarterly results, posting EPS of $17.44 versus estimates of $1.95 and revenue of $9.34 billion, while revenue rose 17% year over year.
• The company also drew attention from analysts and insiders: several firms maintained bullish ratings and a consensus Moderate Buy remains, though recent insider sales by top executives reduced their holdings.

Evolve Private Wealth LLC lifted its stake in GE Vernova Inc. (NYSE:GEV - Free Report) by 43.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,115 shares of the company's stock after acquiring an additional 946 shares during the period. Evolve Private Wealth LLC's holdings in GE Vernova were worth $2,719,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GEV. Brighton Jones LLC boosted its position in GE Vernova by 29.4% during the fourth 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 period. Schnieders Capital Management LLC. raised its position in shares of GE Vernova by 1.7% in the second quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company's stock valued at $828,000 after purchasing an additional 26 shares during the period. Jump Financial LLC acquired a new stake in shares of GE Vernova in the second quarter worth $258,000. Ossiam acquired a new stake in shares of GE Vernova in the second quarter worth $42,000. Finally, Nebula Research & Development LLC boosted its holdings in shares of GE Vernova by 23.9% during the 2nd quarter. Nebula Research & Development LLC now owns 1,674 shares of the company's stock worth $886,000 after buying an additional 323 shares during the period.

Insiders Place Their Bets

In other news, CAO Matthew Joseph Potvin sold 2,333 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total value of $2,470,856.97. Following the completion of the transaction, the chief accounting officer owned 3,549 shares in the company, valued at approximately $3,758,710.41. This represents a 39.66% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Victor Abate sold 4,819 shares of the firm's stock in a transaction dated Monday, June 1st. The stock was 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. The trade was a 72.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is owned by insiders.

GE Vernova Price Performance

Shares of GEV stock opened at $1,125.62 on Tuesday. The stock has a 50 day moving average of $1,025.92 and a two-hundred day moving average of $853.45. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. GE Vernova Inc. has a 12 month low of $479.04 and a 12 month high of $1,181.95. The company has a market capitalization of $302.48 billion, a P/E ratio of 32.79, a P/E/G ratio of 4.11 and a beta of 1.24.

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

GE Vernova Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 16th will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova's payout ratio is currently 5.83%.

Analyst Ratings Changes

GEV has been the topic of a number of research analyst reports. Zacks Research lowered shares of GE Vernova from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 28th. Erste Group Bank raised shares of GE Vernova to a "strong-buy" rating in a research report on Tuesday, March 24th. Wells Fargo & Company upped their price target on shares of GE Vernova from $831.00 to $896.00 and gave the company an "overweight" rating in a report on Tuesday, March 31st. Susquehanna set a $1,300.00 price target on GE Vernova in a research report on Thursday, April 23rd. Finally, Sanford C. Bernstein started coverage on GE Vernova in a research note on Tuesday, June 16th. They issued an "outperform" rating and a $1,206.00 price objective on the stock. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $1,089.88.

Trending Headlines about GE Vernova

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

• Positive Sentiment: GE Vernova was named among the “13 Best Electrical Infrastructure Stocks to Buy in 2026,” reinforcing bullish sentiment around its position in the power-generation and grid-equipment market. GE Vernova (GEV) – Among the 13 Best Electrical Infrastructure Stocks to Buy in 2026
• Positive Sentiment: Market commentary highlighted GE Vernova as one of the companies “solving the AI power crisis,” which supports the investment case for rising demand tied to AI data centers and grid expansion. 5 Stocks Solving the AI Power Crisis (GEV)
• Positive Sentiment: GE Vernova was also featured in hedge-fund and investing coverage as a high-conviction stock, adding to momentum and reinforcing institutional interest. Top 5 High Conviction Stocks to Buy According to Hedge Funds
• Neutral Sentiment: Several articles reviewed GE Vernova’s Q1 results and compared it with other electrical systems and utilities stocks, keeping the company in focus but not adding a clear new catalyst. Unpacking Q1 Earnings: GE Vernova NYSE: GEV In The Context Of Other Electrical Systems Stocks
• Neutral Sentiment: A comparison article pitted GE Vernova against American Electric Power as a 2026 utilities choice, which is more of a valuation and business-model discussion than a direct stock-moving event. American Electric Power vs. GE Vernova: Which Utilities Stock Is a Better Buy in 2026?

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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