GE Vernova (NYSE:GEV) Trading Down 1% – Time to Sell?

GE Vernova Inc. (NYSE:GEV)’s stock price traded down 1% during mid-day trading on Thursday . The stock traded as low as $645.26 and last traded at $661.01. 2,829,795 shares changed hands during trading, a decline of 8% from the average session volume of 3,081,850 shares. The stock had previously closed at $667.89.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: J.P. Morgan reiterated a Buy on GEV, which supports demand from institutional investors and can help underpin the stock. J.P. Morgan Remains a Buy on GE Vernova Inc. (GEV)
• Positive Sentiment: Zacks highlights GEV’s progress on small modular reactors and steadier fundamentals versus peers, arguing SMR execution and a diversified energy portfolio give GE Vernova an edge for longer-term growth. SMR vs. GEV: Which Small Modular Reactor Stock is a Better Pick?
• Positive Sentiment: CEO Scott Strazik said at Davos that the AI boom is shifting GEV’s customer mix toward high-demand compute and data-center projects, which could lift equipment and service revenue over time. AI Boom Changing GE Vernova’s Customer Mix, CEO Says
• Neutral Sentiment: GE Vernova named Eric Gray CEO of its Power segment after Mavi Zingoni’s resignation — an operational leadership change to monitor for execution continuity but not an immediate directional signal. GE Vernova Names Eric Gray CEO of Power Segment
• Neutral Sentiment: Elevated investor interest and searches around GEV may increase short-term volatility; attention alone doesn’t indicate direction but signals potential higher volume around upcoming catalysts. Investors Heavily Search GE Vernova Inc. (GEV): Here is What You Need to Know
• Neutral Sentiment: GE Vernova is expected to report quarterly earnings soon — this is the next near-term catalyst that could move the stock depending on guidance and margin trends. GE Vernova (GEV) Expected to Announce Quarterly Earnings on Wednesday
• Negative Sentiment: Press coverage notes the stock recently underperformed and “sank” as markets gained, reflecting profit-taking after a rally and sensitivity to valuation — GEV trades at a high P/E which raises expectations for strong execution. GE Vernova Inc. stock falls Wednesday, underperforms market GE Vernova (GEV) stock sinks as market gains: What you should know

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. William Blair restated an “outperform” rating on shares of GE Vernova in a research report on Wednesday, December 10th. Jefferies Financial Group set a $830.00 price objective on GE Vernova in a research report on Monday, December 22nd. Morgan Stanley increased their target price on GE Vernova from $710.00 to $822.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Citigroup upped their target price on shares of GE Vernova from $658.00 to $708.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Finally, Barclays lifted their price target on shares of GE Vernova from $800.00 to $830.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $701.62.

GE Vernova Stock Down 1.0%

The company has a market cap of $179.35 billion, a PE ratio of 107.66, a P/E/G ratio of 2.87 and a beta of 1.67. The stock’s 50 day simple moving average is $635.53 and its two-hundred day simple moving average is $615.43.

GE Vernova (NYSE:GEV) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $1.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.72 by ($0.08). The company had revenue of $9.97 billion for the quarter, compared to analysts’ expectations of $9.15 billion. GE Vernova had a net margin of 4.52% and a return on equity of 17.07%. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.35) earnings per share. Analysts forecast that GE Vernova Inc. will post 6.59 EPS for the current year.

GE Vernova Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 5th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.3%. This is a boost from GE Vernova’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Monday, January 5th. GE Vernova’s dividend payout ratio (DPR) is presently 32.57%.

Hedge Funds Weigh In On GE Vernova

A number of large investors have recently modified their holdings of GEV. Norges Bank purchased a new position in GE Vernova in the second quarter valued at approximately $1,809,220,000. Capital World Investors increased its position in shares of GE Vernova by 1,907.5% in the third quarter. Capital World Investors now owns 2,156,197 shares of the company’s stock worth $1,325,842,000 after acquiring an additional 2,048,792 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of GE Vernova by 273.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,508,317 shares of the company’s stock valued at $798,126,000 after acquiring an additional 1,104,747 shares during the period. Franklin Resources Inc. raised its stake in shares of GE Vernova by 170.0% in the 3rd quarter. Franklin Resources Inc. now owns 1,175,729 shares of the company’s stock valued at $722,956,000 after acquiring an additional 740,339 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of GE Vernova by 771.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 763,226 shares of the company’s stock valued at $403,861,000 after acquiring an additional 675,629 shares in the last quarter.

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.