GE Vernova Inc. $GEV Stock Position Decreased by Prudential PLC

Prudential PLC lessened its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 45.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,531 shares of the company’s stock after selling 4,538 shares during the period. Prudential PLC’s holdings in GE Vernova were worth $3,615,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Clifford Swan Investment Counsel LLC grew its position in shares of GE Vernova by 2.3% during the 4th quarter. Clifford Swan Investment Counsel LLC now owns 5,919 shares of the company’s stock valued at $3,869,000 after buying an additional 135 shares during the last quarter. Convergence Financial LLC bought a new stake in shares of GE Vernova during the 4th quarter valued at about $2,704,000. Deseret Mutual Benefit Administrators grew its position in shares of GE Vernova by 32.1% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 70 shares of the company’s stock valued at $46,000 after buying an additional 17 shares during the last quarter. Vise Technologies Inc. grew its position in shares of GE Vernova by 38.4% during the 4th quarter. Vise Technologies Inc. now owns 9,613 shares of the company’s stock valued at $6,283,000 after buying an additional 2,666 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its position in shares of GE Vernova by 34.1% during the 4th quarter. Daiwa Securities Group Inc. now owns 93,218 shares of the company’s stock valued at $60,928,000 after buying an additional 23,683 shares during the last quarter.

Key GE Vernova News

Here are the key news stories impacting GE Vernova this week:

• Positive Sentiment: GE Vernova won new wind business in India, including a 100 MW order from Powerica to supply 28 onshore turbines for a Gujarat project. The deal supports the company’s renewable backlog and expands deployment of its 3.8 MW turbine platform in a key growth market.
• Positive Sentiment: Recent commentary continues to highlight GE Vernova as a beneficiary of rising AI-driven power demand, with stronger prospects in gas turbines, grid equipment, and broader electrification spending.
• Positive Sentiment: Analyst sentiment remains constructive overall, with several firms maintaining Buy ratings and high price targets, reflecting confidence in GE Vernova’s growth and pricing power.
• Neutral Sentiment: The company is also preparing to launch its 3.8 MW “workhorse” turbine in India, signaling continued product expansion, though the near-term stock impact is likely limited unless it translates into more orders.
• Neutral Sentiment: Investor interest remains elevated after GE Vernova’s strong earnings, but the stock’s premium valuation means expectations are already high and can amplify moves on any new headlines.
• Negative Sentiment: GE Vernova is facing fraud allegations from Iberdrola related to the Vineyard Wind offshore project, and a Boston judge declined to reconsider an order keeping the company on the project. That legal dispute adds uncertainty around execution, liability, and valuation.
• Negative Sentiment: CEO Victor Abate recently sold shares in a disclosed SEC filing, which may add to cautious sentiment even though the sale appears small relative to the company’s size.

GE Vernova Price Performance

NYSE GEV opened at $935.26 on Friday. GE Vernova Inc. has a 52 week low of $458.65 and a 52 week high of $1,181.95. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. The stock has a market cap of $251.32 billion, a price-to-earnings ratio of 27.24, a price-to-earnings-growth ratio of 3.46 and a beta of 1.23. The company has a 50-day moving average price of $1,003.76 and a two-hundred day moving average price of $819.69.

GE Vernova (NYSE:GEV) last posted its earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, topping the consensus estimate of $1.95 by $15.49. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The firm had revenue of $9.34 billion during the quarter, compared to analysts’ expectations of $9.19 billion. During the same quarter in the prior year, the firm earned $0.91 EPS. GE Vernova’s quarterly revenue was up 17.0% on a year-over-year basis. Analysts forecast that GE Vernova Inc. will post 14.99 EPS for the current year.

GE Vernova Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 16th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio (DPR) is 5.83%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on GEV shares. Argus set a $1,300.00 price objective on shares of GE Vernova in a research report on Monday, April 27th. Morgan Stanley upped their target price on shares of GE Vernova from $817.00 to $960.00 and gave the stock an “overweight” rating in a research report on Monday, March 23rd. TD Cowen upped their target price on shares of GE Vernova from $780.00 to $1,220.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Wells Fargo & Company upped their target price on shares of GE Vernova from $831.00 to $896.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 31st. Finally, Zacks Research cut shares of GE Vernova from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,090.76.

Insider Activity at GE Vernova

In other news, CAO Matthew Joseph Potvin sold 2,333 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total value of $2,470,856.97. Following the completion of the transaction, the chief accounting officer directly owned 3,549 shares in the company, valued at $3,758,710.41. This trade represents a 39.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Victor Abate sold 4,819 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the completion of the transaction, the chief executive officer owned 1,835 shares of the company’s stock, valued at $1,739,726.80. This trade represents a 72.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.21% of the company’s stock.

GE Vernova Company Profile

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.