Private Wealth Asset Management LLC lifted its holdings in GE Vernova Inc. (NYSE:GEV – Free Report) by 230.0% in the 4th quarter, Holdings Channel reports. The firm owned 1,145 shares of the company’s stock after buying an additional 798 shares during the quarter. Private Wealth Asset Management LLC’s holdings in GE Vernova were worth $748,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Torren Management LLC acquired a new stake in shares of GE Vernova in the 4th quarter valued at $26,000. Jackson Grant Investment Advisers Inc. lifted its stake in shares of GE Vernova by 344.4% in the 3rd quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company’s stock valued at $25,000 after purchasing an additional 31 shares during the last quarter. Wealth Watch Advisors INC acquired a new stake in shares of GE Vernova in the 3rd quarter valued at $25,000. ORG Wealth Partners LLC lifted its stake in shares of GE Vernova by 241.7% in the 4th quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock valued at $27,000 after purchasing an additional 29 shares during the last quarter. Finally, Navalign LLC acquired a new stake in shares of GE Vernova in the 4th quarter valued at $27,000.
Analyst Upgrades and Downgrades
Several research analysts recently commented on the stock. Weiss Ratings upgraded shares of GE Vernova from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, April 24th. Robert W. Baird lifted their target price on shares of GE Vernova from $1,008.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Argus set a $1,300.00 target price on shares of GE Vernova in a report on Monday, April 27th. Royal Bank Of Canada lifted their target price on shares of GE Vernova from $996.00 to $1,195.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Finally, Citigroup lifted their target price on shares of GE Vernova from $779.00 to $1,110.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,090.76.
Trending Headlines about GE Vernova
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: GE Vernova is benefiting from rising demand for gas turbines and power infrastructure tied to AI data centers, with articles highlighting backlog growth, strong Power orders, and potential upside from the broader electrification buildout. Can GE Vernova Benefit From the Global Gas Turbine Supply Crunch?
- Positive Sentiment: Analysts and market commentary continue to point to GE Vernova as a key beneficiary of AI-powered nuclear and non-tech infrastructure spending, which supports the stock’s longer-term growth story. Watch 3 AI-Powered Nuclear Energy OEMs Amid Double-Digit Price Upside
- Positive Sentiment: Recent coverage also notes strong earnings, improving free cash flow, and new orders related to data center electrification, reinforcing confidence in GE Vernova’s operating momentum. Can GE Vernova (GEV) Power AI Data Center Demand While Managing Wind and Grid Headwinds?
- Neutral Sentiment: The stock is also drawing attention from investors and analysts, but that interest appears to reflect broad market focus rather than a single new catalyst. GE Vernova Inc. (GEV) is Attracting Investor Attention: Here is What You Should Know
- Negative Sentiment: A court ruling upheld an injunction requiring GE Vernova to continue turbine work at Vineyard Wind, keeping a project-related legal and execution issue in focus. Judge upholds injunction requiring GE Vernova to continue turbine work at Vineyard Wind
- Negative Sentiment: Insider selling may also be weighing on sentiment, as CEO Victor Abate sold shares in a disclosed SEC filing. SEC Form 4 Filing
Insider Transactions at GE Vernova
In related news, CAO Matthew Joseph Potvin sold 2,333 shares of the company’s stock in a transaction dated 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 sale, the chief accounting officer owned 3,549 shares of the company’s stock, valued at $3,758,710.41. The trade was a 39.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Victor Abate sold 4,819 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer directly owned 1,835 shares in the company, valued at approximately $1,739,726.80. The trade was a 72.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.21% of the company’s stock.
GE Vernova Stock Performance
NYSE:GEV opened at $959.30 on Thursday. The firm’s 50-day moving average is $1,002.41 and its 200-day moving average is $816.16. GE Vernova Inc. has a 52-week low of $458.65 and a 52-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. The company has a market cap of $257.78 billion, a price-to-earnings ratio of 27.94, a PEG ratio of 3.63 and a beta of 1.23.
GE Vernova (NYSE:GEV – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 earnings per share (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 company had revenue of $9.34 billion for the quarter, compared to the consensus estimate of $9.19 billion. During the same quarter in the previous year, the firm posted $0.91 EPS. The business’s revenue was up 17.0% compared to the same quarter last year. Equities research analysts anticipate that GE Vernova Inc. will post 14.84 earnings per share for the current year.
GE Vernova Announces Dividend
The firm 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 $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova’s payout ratio is presently 5.83%.
About GE Vernova
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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