Vertrix Wealth Management LLC acquired a new position in GE Vernova Inc. (NYSE:GEV – Free Report) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 947 shares of the company’s stock, valued at approximately $827,000.
A number of other hedge funds have also recently made changes to their positions in GEV. Brighton Jones LLC raised its position in GE Vernova by 29.4% in the fourth quarter. Brighton Jones LLC now owns 3,315 shares of the company’s stock valued at $1,091,000 after purchasing an additional 753 shares during the period. Schnieders Capital Management LLC. boosted its position in shares of GE Vernova by 1.7% during the second quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company’s stock worth $828,000 after buying an additional 26 shares during the period. Jump Financial LLC purchased a new position in shares of GE Vernova during the second quarter worth $258,000. Ossiam acquired a new stake in shares of GE Vernova in the second quarter valued at $42,000. Finally, Nebula Research & Development LLC grew its stake in shares of GE Vernova by 23.9% in the second quarter. Nebula Research & Development LLC now owns 1,674 shares of the company’s stock valued at $886,000 after buying an additional 323 shares in the last quarter.
GE Vernova Stock Down 3.5%
GEV stock opened at $1,133.65 on Thursday. The company’s 50 day moving average price is $1,039.84 and its 200 day moving average price is $875.23. The firm has a market capitalization of $304.64 billion, a price-to-earnings ratio of 33.02, a PEG ratio of 4.35 and a beta of 1.08. GE Vernova Inc. has a fifty-two week low of $497.30 and a fifty-two week high of $1,181.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 0.89.
GE Vernova Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s payout ratio is presently 5.83%.
Insiders Place Their Bets
In related news, CAO Matthew Joseph Potvin sold 2,333 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $1,059.09, for a total value of $2,470,856.97. Following the transaction, the chief accounting officer owned 3,549 shares of the company’s stock, valued at $3,758,710.41. This represents a 39.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Victor Abate sold 4,819 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $948.08, for a total value of $4,568,797.52. Following the completion of the sale, the chief executive officer owned 1,835 shares in the company, valued at approximately $1,739,726.80. This represents a 72.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.21% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price target on shares of GE Vernova from $1,000.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. BNP Paribas Exane cut shares of GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 price objective for the company. in a 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 note on Monday, March 23rd. TD Cowen raised their price target on shares of GE Vernova from $780.00 to $1,220.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Finally, Guggenheim boosted their price target on shares of GE Vernova from $910.00 to $1,300.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, GE Vernova presently has an average rating of “Moderate Buy” and an average price target of $1,089.88.
Read Our Latest Analysis on GEV
Key GE Vernova News
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: Bernstein reiterated a Buy/Outperform stance on GE Vernova, while other commentary highlighted continued support from strong gas turbine demand, AI data center power needs, and raised 2026 guidance. Bernstein Sticks to Their Buy Rating for GE Vernova Inc. (GEV)
- Positive Sentiment: Analysts remain upbeat on earnings power, with Erste Group nudging up FY2027 EPS estimates and keeping a Strong Buy rating, reinforcing expectations for continued profit growth. GE Vernova (GEV) Dips More Than Broader Market: What You Should Know
- Positive Sentiment: The stock continues to benefit from strong momentum themes, including AI-driven turbine demand and repeated mention as a trending stock and market leader, which can attract additional buying interest. AI-Driven Turbine Demand Propels GE Vernova, IBD Stock of the Day, Toward All-Time High
- Neutral Sentiment: Several articles focused on an upcoming earnings report, suggesting investors are waiting for fresh numbers and guidance before making larger moves. Earnings preview: What to expect from GE Vernova’s report
- Neutral Sentiment: GE Vernova is also being discussed as a “trending stock,” which reflects heightened investor attention but does not by itself change the fundamental outlook. Here is What to Know Beyond Why GE Vernova Inc. (GEV) is a Trending Stock
- Negative Sentiment: The main bearish factor is valuation: the stock has surged sharply year-to-date, and some investors appear to be taking profits after a big run, especially with expectations already elevated. GE Vernova Trades at a Premium Valuation: Buy, Hold or Sell the 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.
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