Gabelli Funds LLC Sells 2,789 Shares of GE Vernova Inc. $GEV

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Gabelli Funds LLC has reduced its stake in GE Vernova Inc. by 3.3%, selling 2,789 shares and now holding 81,642 shares valued at approximately $50.2 million. This comes after GE Vernova reported strong quarterly earnings, beating analyst expectations with an EPS of $13.39 and revenue of $10.96 billion. The company also announced a quarterly dividend of $0.50 per share, and analysts rate GE Vernova as a “Moderate Buy” with a consensus price target of $805.25.

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