Headlines
- Parthenon LLC reduces its stake in GE Vernova Inc.
- Multiple investors increase or modify their holdings in the company.
- GE Vernova continues to attract interest from institutional investors.
GE Vernova Inc. (NYSE) Experiences Changes in Shareholdings
Parthenon LLC has made a significant adjustment to its position in GE Vernova Inc. (NYSE:GEV) by reducing its holdings by nearly 30% in the third quarter, according to its latest SEC filing. After this adjustment, the firm now holds 3,881 shares of GE Vernova, reflecting the recent sale of 1,567 shares. Parthenon’s revised holdings in the company were valued at approximately $990,000 as of its most recent filing.
In addition to Parthenon’s actions, several other institutional investors have also made changes to their positions in GE Vernova. Pittenger & Anderson Inc. raised its stake by 28%, now owning 160 shares. SteelPeak Wealth LLC also increased its holdings by 2.5%, bringing its total to 1,569 shares. Global Retirement Partners LLC grew its stake by 0.9%, acquiring a further 40 shares, resulting in 4,507 shares owned by the firm. Whittier Trust Co. saw a slight increase in its holdings by 1.9%, now possessing 2,106 shares. Rosenberg Matthew Hamilton was another institutional investor that boosted its stake by 30%, acquiring 43 additional shares to bring its total to 185 shares.
These movements indicate that while some investors are reducing their exposure, others are showing continued confidence in GE Vernova by increasing their holdings, reflecting the ongoing interest in the company from institutional investors.