Ameritas Advisory Services LLC decreased its stake in GE Vernova Inc. (NYSE:GEV – Free Report) by 55.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 942 shares of the company’s stock after selling 1,169 shares during the quarter. Ameritas Advisory Services LLC’s holdings in GE Vernova were worth $616,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. AIFG Consultants Ltd. lifted its stake in GE Vernova by 8.8% in the 4th quarter. AIFG Consultants Ltd. now owns 542 shares of the company’s stock worth $354,000 after acquiring an additional 44 shares in the last quarter. Legacy Financial Advisors Inc. lifted its stake in GE Vernova by 3.1% in the 4th quarter. Legacy Financial Advisors Inc. now owns 2,331 shares of the company’s stock worth $1,524,000 after acquiring an additional 69 shares in the last quarter. Patrick M Sweeney & Associates Inc. purchased a new stake in GE Vernova in the 4th quarter worth about $209,000. Atlantic Union Bankshares Corp lifted its stake in GE Vernova by 68.3% in the 4th quarter. Atlantic Union Bankshares Corp now owns 3,770 shares of the company’s stock worth $2,464,000 after acquiring an additional 1,530 shares in the last quarter. Finally, World Investment Advisors lifted its stake in GE Vernova by 19.9% in the 4th quarter. World Investment Advisors now owns 13,497 shares of the company’s stock worth $8,821,000 after acquiring an additional 2,241 shares in the last quarter.
GE Vernova Stock Down 3.8%
GEV opened at $1,048.74 on Friday. GE Vernova Inc. has a fifty-two week low of $421.64 and a fifty-two week high of $1,181.95. The business has a 50-day moving average of $957.76 and a 200-day moving average of $774.61. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.89 and a quick ratio of 0.65. The company has a market capitalization of $281.82 billion, a PE ratio of 30.55, a price-to-earnings-growth ratio of 3.93 and a beta of 1.51.
GE Vernova Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio is currently 5.83%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the company. Robert W. Baird increased their price objective on GE Vernova from $1,008.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Royal Bank Of Canada increased their price objective on GE Vernova from $996.00 to $1,195.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Barclays increased their price objective on GE Vernova from $993.00 to $1,250.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Morgan Stanley increased their price objective on GE Vernova from $817.00 to $960.00 and gave the stock an “overweight” rating in a research note on Monday, March 23rd. Finally, BMO Capital Markets raised their price target on GE Vernova from $1,110.00 to $1,250.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Two 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 company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,090.76.
View Our Latest Research Report on GEV
GE Vernova News Roundup
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: GE Vernova’s recent “blowout” earnings continue to support bullish sentiment, with investors viewing the results as evidence that the company is benefiting from strong demand, improved execution, and a growing backlog. Article Title
- Positive Sentiment: Argus raised its price target on GE Vernova to $1,300 and kept a Buy rating after the company’s strong quarter, reinforcing the view that the stock can still re-rate higher if growth stays strong. Article Title
- Positive Sentiment: GE Vernova and Blue Energy announced a major U.S. nuclear-and-gas power plant collaboration, highlighting the company’s role in solving rising electricity demand from AI data centers and new industrial loads. Article Title
- Positive Sentiment: Recent coverage also points to strong orders, global project wins, and a faster path toward a $200 billion backlog target, all of which support the bull case for GE Vernova’s power and electrification businesses. Article Title
- Neutral Sentiment: The broader market backdrop was relatively calm, with indexes holding near highs, so GEV’s move appears more tied to company-specific catalysts than to a sector-wide risk-off shift. Article Title
- Negative Sentiment: Some analysts caution that GE Vernova’s premium valuation and potential tariff-related costs could limit upside, suggesting the stock may be vulnerable if growth expectations cool. Article Title
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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