--- title: "Tulsa Wealth Advisors INC Takes $1.42 Million Position in GE Vernova Inc. $GEV" type: "News" locale: "en" url: "https://longbridge.com/en/news/296677985.md" description: "Tulsa Wealth Advisors INC initiated a new $1.42 million position in GE Vernova (GEV) during Q2, purchasing 1,205 shares. Other institutions like Cornerstone Financial and Manning & Napier also adjusted their stakes. Meanwhile, CEO Victor Abate sold nearly $4.6 million worth of shares in June. Analysts maintain a 'Moderate Buy' consensus with an average price target of $1,133.15, despite recent earnings misses." datetime: "2026-08-22T09:04:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296677985.md) - [en](https://longbridge.com/en/news/296677985.md) - [zh-HK](https://longbridge.com/zh-HK/news/296677985.md) generator: "portal-rs" --- # Tulsa Wealth Advisors INC Takes $1.42 Million Position in GE Vernova Inc. $GEV Tulsa Wealth Advisors INC bought a new position in shares of GE Vernova Inc. (NYSE:GEV - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,205 shares of the company's stock, valued at approximately $1,415,000. - Bloom Energy’s AI Surge Meets a Valuation Reality Check Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC acquired a new stake in shares of GE Vernova in the fourth quarter valued at $25,000. Wealth Watch Advisors INC purchased a new stake in GE Vernova during the 3rd quarter worth about $25,000. Torren Management LLC purchased a new stake in GE Vernova during the 4th quarter worth about $26,000. Manning & Napier Advisors LLC raised its position in GE Vernova by 68.4% in the 1st quarter. Manning & Napier Advisors LLC now owns 32 shares of the company's stock valued at $26,000 after purchasing an additional 13 shares in the last quarter. Finally, Navalign LLC acquired a new stake in GE Vernova in the 4th quarter valued at about $27,000. ## GE Vernova Trading Down 1.0% Shares of GE Vernova stock opened at $956.69 on Friday. The company has a fifty day simple moving average of $1,042.72 and a 200-day simple moving average of $968.13. GE Vernova Inc. has a 12-month low of $530.16 and a 12-month high of $1,195.94. The company has a current ratio of 0.85, a quick ratio of 0.62 and a debt-to-equity ratio of 0.21. The stock has a market cap of $254.80 billion, a price-to-earnings ratio of 27.38, a PEG ratio of 3.45 and a beta of 1.21. - MarketBeat Week in Review – 08/10 - 08/14 GE Vernova (NYSE:GEV - Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing the consensus estimate 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 net margin of 23.03% and a return on equity of 42.42%. The business's revenue was up 21.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.86 EPS. On average, equities analysts forecast that GE Vernova Inc. will post 15.57 EPS for the current fiscal year. ## Wall Street Analyst Weigh In A number of equities analysts have recently commented on the company. Weiss Ratings reissued a "buy (b)" rating on shares of GE Vernova in a research report on Tuesday, July 21st. TD Cowen boosted their price target on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Zacks Research downgraded shares of GE Vernova from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 28th. Guggenheim lifted their price objective 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. Finally, Mizuho boosted their target price on shares of GE Vernova from $913.00 to $949.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. Two research 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 issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $1,133.15. - GE Vernova’s AI Power Boom Faces a Profit Test **Get Our Latest Analysis on GEV** ## Insider Activity In related news, CEO Victor Abate sold 4,819 shares of the company's stock in a transaction dated 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 completion of the sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.21% of the stock is currently owned by company insiders. ## 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 Articles - Five stocks we like better than GE Vernova - Blueprint for a Boom: SEC Clears the Crypto Runway - Ross Stores Just Flipped the Off-Price Retail Story After TJX's Marmaxx Miss - Advance Auto Parts Plunged, But Its Turnaround Is Still Working - Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? *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. 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