GE Vernova Inc. (NYSE) Sees Shifting Institutional Shareholdings

2 min read | November 13, 2024 11:57 AM PST | By Team Kalkine Media

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.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.


Sponsored Articles


Investing Ideas

Previous Next