GE Vernova Inc. $GEV Shares Sold by Essex Investment Management Co. LLC

2026-02-24 11:03:20

Essex Investment Management Co. LLC has reduced its stake in GE Vernova Inc. ($GEV) by 34.5% during the third quarter, selling 5,002 shares and retaining 9,483 shares valued at approximately $5.83 million. Despite this, analysts largely maintain a “Moderate Buy” consensus rating with an average target price of $788.24. The energy company reported a strong Q4 with EPS of $13.39 against expectations of $2.99, $10.96 billion in revenue, and doubled its quarterly dividend to $0.50.

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