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GE Vernova Inc. $GEV Holdings Lowered by SteelPeak Wealth LLC
SteelPeak Wealth LLC significantly reduced its stake in GE Vernova (GEV) by 81.7% in Q4, selling 4,647 shares and holding 1,042 shares valued at $681,000. This divestment occurred despite several large institutions like Capital World Investors and Franklin Resources substantially increasing their positions. GE Vernova reported strong Q4 earnings, beating expectations with $13.39 EPS and $10.96 billion in revenue, and announced a quarterly dividend of $0.50.