Altfest L J 13F: Cuts GE Vernova (GEV) Stake by $1.7M

On October 27, 2026, Altfest L J disclosed a reduction in its position in GE Vernova Inc. (NYSE: GEV), cutting its stake by 1,785 shares. The fund now holds 3,115 shares valued at about $2.96 million, reflecting a 36.4% decrease from its previous count of 4,900 shares. This information comes from the fund's latest Form 13F filing with the SEC.

GEV GE Vernova Inc.

$855.12 ▲ +26.07% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where GE Vernova Inc. Fits in Altfest L J's Portfolio

This position now represents 1.26% of Altfest L J's total reported 13F value of approximately $234.24 million. GE Vernova Inc. ranks 17th among the fund's 318 positions, indicating a relatively smaller stake compared to its overall portfolio.

Other Institutional Activity in GE Vernova Inc.

Several other funds made moves in GE Vernova recently. Cushing Asset Management, LP increased its stake by 9,950 shares, bringing its total to 38,650 shares valued at about $36.74 million. Meanwhile, Highland Capital Management reduced its holdings by 7,704 shares, now holding 5,132 shares worth approximately $4.88 million. Ascent Wealth Partners also cut its position by 3,175 shares, ending with 7,477 shares valued at about $7.11 million.

GE Vernova Inc. Stock Up 9.9%

As of October 27, 2026, GE Vernova shares traded at $895.08, which is about equal to the recent price of $895.62. The stock is currently below its 50-day moving average of $945.37 and its 200-day average of $939.83, and it is also down about 25.1% from its 52-week high of $1,195.94.

Recent Earnings

For the trailing twelve months, GE Vernova reported revenue of approximately $41.37 billion with a net margin of 23%. The company is expected to report its next earnings on October 28, 2026.

Dividend

GE Vernova Inc. pays an annual dividend of $2.00 per share, which translates to a yield of about 0.23% based on current trading prices.

Insider Buying and Selling at GE Vernova Inc.

Recent insider transactions include Chief Financial Officer Kenneth Scott Parks, who sold 3,300 shares on August 26, 2025, at an average price of $620.00, totaling $2.05 million. Other insiders, including officers Steven Baert and Matthew Joseph Potvin, also sold shares earlier this year.

Analysts Set New Price Targets

Analysts have varying opinions on GE Vernova. On September 14, 2026, GLJ Research initiated coverage with a Sell rating and a target price of $470. Bernstein reiterated an Outperform rating with a target of $1,298 on September 15, 2026. The consensus recommendation for the stock is a Buy, with a mean price target of approximately $1,223.97 based on 33 analyst opinions.

About GE Vernova Inc.

GE Vernova Inc. is an energy company that provides products and services for generating, transferring, and storing electricity across various regions. It operates through segments including Power, Wind, and Electrification, serving a wide range of customers.

Bottom Line

Investors should keep an eye on the upcoming earnings report on October 28, 2026, for further insights into GE Vernova's performance. Additionally, it will be interesting to see if Altfest L J makes further adjustments to its holdings in this stock.