GE Vernova Inc. $GEV Shares Sold by Savant Capital LLC

Savant Capital LLC lowered its stake in shares of GE Vernova Inc. (NYSE:GEV) by 67.9% during the fourth quarter, Holdings Channel reports. The firm owned 6,375 shares of the company’s stock after selling 13,461 shares during the period. Savant Capital LLC’s holdings in GE Vernova were worth $4,167,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Moors & Cabot Inc. raised its holdings in GE Vernova by 28.5% during the fourth quarter. Moors & Cabot Inc. now owns 6,124 shares of the company’s stock worth $4,003,000 after purchasing an additional 1,360 shares in the last quarter. Intech Investment Management LLC raised its holdings in GE Vernova by 202.9% during the fourth quarter. Intech Investment Management LLC now owns 79,757 shares of the company’s stock worth $52,127,000 after purchasing an additional 53,426 shares in the last quarter. Foundations Investment Advisors LLC raised its holdings in GE Vernova by 32.8% during the fourth quarter. Foundations Investment Advisors LLC now owns 4,289 shares of the company’s stock worth $2,803,000 after purchasing an additional 1,060 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new stake in GE Vernova during the fourth quarter worth approximately $134,000. Finally, Thoroughbred Financial Services LLC raised its holdings in GE Vernova by 7.5% during the fourth quarter. Thoroughbred Financial Services LLC now owns 471 shares of the company’s stock worth $307,000 after purchasing an additional 33 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Barclays raised their price objective on shares of GE Vernova from $993.00 to $1,250.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. JPMorgan Chase & Co. raised their target price on shares of GE Vernova from $1,000.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Robert W. Baird raised 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 research report on Thursday, April 23rd. Morgan Stanley raised their target price on shares of GE Vernova from $817.00 to $960.00 and gave the stock an “overweight” rating in a research report on Monday, March 23rd. Finally, The Goldman Sachs Group restated a “buy” rating and set a $1,328.00 target price on shares of GE Vernova in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,090.76.

Insider Activity at GE Vernova

In other GE Vernova news, CAO Matthew Joseph Potvin sold 2,333 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total transaction 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.21% of the company’s stock.

Trending Headlines about GE Vernova

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

• Positive Sentiment: UBS named GE Vernova one of its highest-conviction industrial picks, and other market commentary highlighted the stock as one of Wall Street’s preferred buy ideas. GE Vernova, Boeing lead UBS’s highest-conviction industrial calls
• Positive Sentiment: Multiple articles pointed to GE Vernova as a beneficiary of surging electricity demand from AI data centers, reinforcing the company’s growth narrative tied to power generation and grid infrastructure. GE Vernova vs. Constellation Energy: Which AI Power Stock Wins?
• Positive Sentiment: Analyst coverage remains optimistic, with reports noting that Wall Street’s average brokerage recommendation still leans bullish on GEV. Is GE Vernova (GEV) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: One recent article framed GE Vernova as a cash-generating company, but did not provide a clear new catalyst for the stock. 2 Cash-Producing Stocks Worth Your Attention and 1 We Avoid
• Negative Sentiment: GE Vernova shares fell in the latest session, even as the broader market rose, suggesting some profit-taking or investor hesitation after the stock’s strong run. GE Vernova (GEV) Stock Sinks As Market Gains: What You Should Know
• Negative Sentiment: A bearish Seeking Alpha piece argued that physical constraints in power infrastructure could limit how much of the AI buildout GE Vernova can actually capture. GE Vernova: Physical Limitations Put A Harsh Ceiling On The AI Upside

GE Vernova Stock Performance

NYSE:GEV opened at $968.81 on Friday. The firm’s fifty day moving average price is $996.99 and its 200 day moving average price is $806.32. GE Vernova Inc. has a 1-year low of $458.65 and a 1-year high of $1,181.95. 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 firm has a market cap of $260.34 billion, a price-to-earnings ratio of 28.22, a price-to-earnings-growth ratio of 3.63 and a beta of 1.51.

GE Vernova (NYSE:GEV) last posted its quarterly earnings data 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 analyst estimates of $9.19 billion. During the same period last year, the firm posted $0.91 EPS. GE Vernova’s quarterly revenue was up 17.0% on a year-over-year basis. On average, sell-side analysts expect that GE Vernova Inc. will post 14.84 EPS for the current year.

GE Vernova Announces Dividend

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

GE Vernova 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.