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GE Vernova Inc. $GEV Shares Sold by Geneva Partners LLC
Geneva Partners LLC reduced its stake in GE Vernova (NYSE: GEV) by 14.5% in the fourth quarter, selling 1,454 shares and ending with 8,559 shares valued at $5.62 million. While Geneva Partners decreased its holdings, several other major institutions, including Capital World Investors and Franklin Resources Inc., significantly increased their positions in GEV. GE Vernova reported strong quarterly earnings of $17.44 EPS against an expected $1.95, with revenue of $9.34 billion, and analysts maintain a “Moderate Buy” rating with an average price target near $1,090.