--- title: "Everett Harris & Co. CA Makes New $2.25 Million Investment in GE Vernova Inc. $GEV" type: "News" locale: "en" url: "https://longbridge.com/en/news/296451528.md" description: "Everett Harris & Co. CA initiated a new $2.25 million position in GE Vernova (GEV) during Q2, purchasing 1,917 shares. Other institutional investors, including Onyx Bridge Wealth Group and Red Door Wealth Management, also increased their stakes in the company. Meanwhile, CEO Victor Abate sold nearly 4,819 shares worth approximately $4.57 million in June." datetime: "2026-08-20T07:37:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296451528.md) - [en](https://longbridge.com/en/news/296451528.md) - [zh-HK](https://longbridge.com/zh-HK/news/296451528.md) --- # Everett Harris & Co. CA Makes New $2.25 Million Investment in GE Vernova Inc. $GEV Everett Harris & Co. CA bought a new position in GE Vernova Inc. (NYSE:GEV - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,917 shares of the company's stock, valued at approximately $2,253,000. - Bloom Energy’s AI Surge Meets a Valuation Reality Check Other large investors also recently modified their holdings of the company. Onyx Bridge Wealth Group LLC raised its position in GE Vernova by 1.3% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 727 shares of the company's stock worth $635,000 after purchasing an additional 9 shares during the last quarter. Red Door Wealth Management LLC boosted its position in GE Vernova by 0.6% in the 1st quarter. Red Door Wealth Management LLC now owns 1,774 shares of the company's stock valued at $1,548,000 after buying an additional 10 shares during the last quarter. Advance Capital Management Inc. boosted its position in GE Vernova by 2.2% in the 1st quarter. Advance Capital Management Inc. now owns 461 shares of the company's stock valued at $402,000 after buying an additional 10 shares during the last quarter. Alpha Financial Partners LLC increased its stake in shares of GE Vernova by 2.0% in the 1st quarter. Alpha Financial Partners LLC now owns 514 shares of the company's stock valued at $449,000 after buying an additional 10 shares during the period. Finally, Sandy Cove Advisors LLC increased its stake in shares of GE Vernova by 2.6% in the 2nd quarter. Sandy Cove Advisors LLC now owns 389 shares of the company's stock valued at $457,000 after buying an additional 10 shares during the period. ## GE Vernova Stock Down 1.7% GE Vernova stock opened at $987.05 on Thursday. GE Vernova Inc. has a twelve month low of $530.16 and a twelve month high of $1,195.94. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. The company has a 50 day moving average of $1,041.16 and a 200-day moving average of $966.52. The stock has a market capitalization of $262.88 billion, a PE ratio of 28.25, a price-to-earnings-growth ratio of 3.58 and a beta of 1.21. - MarketBeat Week in Review – 08/10 - 08/14 GE Vernova (NYSE:GEV - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing analysts' consensus estimates of $3.17 by ($0.70). The company had revenue of $11.10 billion during the quarter, compared to analyst estimates of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.GE Vernova's revenue for the quarter was up 21.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.86 earnings per share. On average, equities research analysts anticipate that GE Vernova Inc. will post 15.57 EPS for the current fiscal year. ## Insider Transactions at GE Vernova In related news, CEO Victor Abate sold 4,819 shares of GE Vernova stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $948.08, for a total value of $4,568,797.52. Following the sale, the chief executive officer owned 1,835 shares of the company's stock, valued at approximately $1,739,726.80. This trade represents a 72.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.21% of the company's stock. ## GE Vernova News Summary - GE Vernova’s AI Power Boom Faces a Profit Test 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 ## Analysts Set New Price Targets Several equities analysts have recently issued reports on the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of GE Vernova in a research note on Tuesday, July 21st. JPMorgan Chase & Co. lifted their price objective on GE Vernova from $1,302.00 to $1,330.00 and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. Guggenheim boosted their price objective on GE Vernova from $1,300.00 to $1,450.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. BMO Capital Markets restated an "outperform" rating on shares of GE Vernova in a research report on Friday, August 7th. Finally, Barclays raised their target price on shares of GE Vernova from $993.00 to $1,250.00 and gave the company an "overweight" rating in a research note on Thursday, April 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $1,133.15. **Get Our Latest Report on GEV** ## About GE Vernova (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. ## Featured Stories - Five stocks we like better than GE Vernova - Bloom Energy’s AI Surge Meets a Valuation Reality Check - Target Is Winning Shoppers Back—Can the Rally Reach $180? - IonQ’s Space Contract Points to a New Frontier for Quantum Investors - Is Apple’s AI Strategy Smarter Than Skeptics Think? **Want to see what other hedge funds are holding GEV?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE Vernova Inc. (NYSE:GEV - Free Report). _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in GE Vernova Right Now? Before you consider GE Vernova, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GE Vernova wasn't on the list. While GE Vernova currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [GEV.US](https://longbridge.com/en/quote/GEV.US.md) - [GEVX.US](https://longbridge.com/en/quote/GEVX.US.md) - [BE.US](https://longbridge.com/en/quote/BE.US.md) ## Related News & Research - [GE Vernova partners with SHINE on ARPA-E project to modernize nuclear fuel recycling safeguards](https://longbridge.com/en/news/296207704.md) - [GE Vernova Inc. Stock Falls Thursday, Underperforms Market](https://longbridge.com/en/news/296533896.md) - [Everett Harris & Co. CA Buys New Holdings in Sysco Corporation $SYY](https://longbridge.com/en/news/295996374.md) - [Everett Harris & Co. CA Makes New Investment in Procter & Gamble Company (The) $PG](https://longbridge.com/en/news/296451542.md) - [Nelson Peltz Is Now Betting on Both Sides of GE's Breakup](https://longbridge.com/en/news/296130291.md)