GE Vernova (NYSE:GEV) Announces Quarterly Earnings Results

GE Vernova (NYSE:GEV) posted its earnings results on Wednesday. The company reported $2.51 earnings per share for the quarter, missing the consensus estimate of $3.17 by ($0.66), FiscalAI reports. The firm had revenue of $11.10 billion during the quarter, compared to analyst estimates of $10.78 billion. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.

GE Vernova Trading Down 0.4%

NYSE:GEV opened at $1,075.19 on Wednesday. The company has a market cap of $288.92 billion, a P/E ratio of 31.32, a price-to-earnings-growth ratio of 3.98 and a beta of 1.09. GE Vernova has a twelve month low of $530.16 and a twelve month high of $1,195.94. The business has a 50 day moving average price of $1,037.70 and a two-hundred day moving average price of $916.52. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.19.

GE Vernova Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 16th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova’s dividend payout ratio is 5.83%.

Insider Buying and Selling at GE Vernova

In other GE Vernova news, CAO Matthew Joseph Potvin sold 2,333 shares of GE Vernova stock in a transaction 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 sale, the chief accounting officer directly owned 3,549 shares in the company, valued at approximately $3,758,710.41. The trade was a 39.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Victor Abate sold 4,819 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the sale, the chief executive officer directly owned 1,835 shares in the company, 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. Corporate insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On GE Vernova

Several hedge funds have recently modified their holdings of the stock. Wealth Watch Advisors INC acquired a new position in GE Vernova during the third quarter valued at approximately $25,000. Gilpin Wealth Management LLC acquired a new stake in shares of GE Vernova in the 4th quarter valued at approximately $31,000. Monetary Management Group Inc. bought a new position in shares of GE Vernova in the second quarter valued at $32,000. Wilkerson Advisory Group LLC bought a new position in shares of GE Vernova in the fourth quarter valued at $35,000. Finally, Prosperity Bancshares Inc acquired a new position in GE Vernova during the fourth quarter worth $35,000.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: GE Vernova raised its annual revenue forecast again, reflecting stronger demand and order growth across power and electrification units. Reuters article
• Positive Sentiment: Management pointed to AI-related and broader power demand as a tailwind, which could support backlog, revenue visibility, and future earnings growth. Press release
• Neutral Sentiment: Analyst coverage remains broadly constructive, with brokerages rating the stock a “Moderate Buy,” but recent pre-earnings commentary was focused on valuation and expectations rather than a clear catalyst. Brokerage rating article
• Negative Sentiment: Second-quarter EPS missed Wall Street estimates by a wide margin, raising concerns that strong demand is not yet translating into expected earnings power. Earnings release

Analyst Upgrades and Downgrades

GEV has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price objective on 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. Jefferies Financial Group decreased their target price on GE Vernova from $1,350.00 to $1,210.00 and set a “buy” rating for the company in a research note on Thursday, June 11th. Royal Bank Of Canada increased their price target on GE Vernova from $996.00 to $1,195.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Guggenheim raised their price target on GE Vernova from $910.00 to $1,300.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, Wall Street Zen upgraded GE Vernova from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Three 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,089.88.

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.