GE Vernova (NYSE:GEV) Shares Down 1.2% – Time to Sell?

GE Vernova Inc. (NYSE:GEV) shares were down 1.2% during trading on Wednesday . The stock traded as low as $1,000.25 and last traded at $1,053.3060. Approximately 2,571,064 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 2,785,964 shares. The stock had previously closed at $1,066.01.

More GE Vernova News

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

• Positive Sentiment: Morgan Stanley named GE Vernova a top pick heading into earnings, saying the company could deliver strong quarterly results alongside other favored names. Buy GE Vernova, Lam Research, United Airlines stocks: Morgan Stanley
• Positive Sentiment: Several reports highlight GE Vernova as a beneficiary of AI-driven data center power demand and grid modernization, reinforcing the growth story for its Power and Electrification businesses. Buy 3 High-Flying Alternative Energy Stocks to Tap AI Data Center Boom
• Positive Sentiment: Analysts also pointed to GE Vernova’s $11 billion investment push, including upgrades to Italian R&D and manufacturing sites, as a potential catalyst for future growth, reliability improvements, and margin expansion. GE Vernova Aggressively Scaling Investments: Is it a Growth Catalyst?
• Neutral Sentiment: Multiple previews say GE Vernova enters earnings with strong demand trends, but also note that it may not have the right setup for a big upside surprise, suggesting expectations are already elevated. Is GEV Stock a Smart Investment Option Before Q2 Earnings Release? GE Vernova (GEV) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Neutral Sentiment: GE Vernova was also mentioned in a new Chevron-Microsoft partnership to power AI data centers with natural gas, which underscores the broader demand theme but is not a direct company-specific update. Chevron (CVX) Launches AI Data Center Power Venture And Extends Australia Gas Supply
• Negative Sentiment: There was also a fresh Hold rating from Fubon Securities, and one article noted the stock recently fell more than the broader market, reflecting some near-term volatility before earnings. GE Vernova Inc. (GEV) Gets a Hold from Fubon Securities Here’s Why GE Vernova (GEV) Fell More Than Broader Market

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Zacks Research lowered shares of GE Vernova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Sanford C. Bernstein started coverage on shares of GE Vernova in a research report on Tuesday, June 16th. They set an “outperform” rating and a $1,206.00 price target for the company. Morgan Stanley increased their price target 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. Wall Street Zen upgraded shares of GE Vernova from a “hold” rating to a “buy” rating in a report on Sunday. Finally, Robert W. Baird upped their price objective on GE Vernova from $1,008.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Three investment 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 company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,089.88.

GE Vernova Stock Performance

The stock’s 50-day moving average is $1,038.73 and its 200-day moving average is $902.48. The stock has a market cap of $283.04 billion, a price-to-earnings ratio of 30.68, a P/E/G ratio of 3.85 and a beta of 1.09. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19.

GE Vernova (NYSE:GEV) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $9.19 billion. During the same period in the previous year, the company posted $0.91 earnings per share. GE Vernova’s revenue was up 17.0% compared to the same quarter last year. On average, analysts expect that GE Vernova Inc. will post 15.06 EPS for the current year.

GE Vernova Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th were issued a dividend of $0.50 per share. The ex-dividend date was Tuesday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. GE Vernova’s payout ratio is presently 5.83%.

Insider Buying and Selling at GE Vernova

In related news, CEO Victor Abate sold 4,819 shares of the stock in a transaction on Monday, June 1st. The stock was 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 directly owned 1,835 shares in the company, valued at approximately $1,739,726.80. This represents a 72.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $3,758,710.41. This represents a 39.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is currently owned by corporate insiders.

Institutional Trading of GE Vernova

Hedge funds have recently made changes to their positions in the company. Auto Owners Insurance Co boosted its stake in shares of GE Vernova by 110,973.4% in the fourth quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company’s stock valued at $2,278,224,000 after purchasing an additional 34,826,773 shares during the period. Vanguard Group Inc. increased its stake in GE Vernova by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 25,023,625 shares of the company’s stock worth $16,354,691,000 after buying an additional 208,162 shares during the period. State Street Corp increased its stake in GE Vernova by 2.1% during the 4th quarter. State Street Corp now owns 11,469,670 shares of the company’s stock worth $7,496,232,000 after buying an additional 231,392 shares during the period. Geode Capital Management LLC lifted its holdings in GE Vernova by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 6,249,193 shares of the company’s stock worth $4,074,039,000 after buying an additional 68,894 shares in the last quarter. Finally, Morgan Stanley lifted its holdings in GE Vernova by 12.8% in the 4th quarter. Morgan Stanley now owns 6,054,474 shares of the company’s stock worth $3,957,024,000 after buying an additional 685,466 shares in the last quarter.

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.