Stonebrook Private Inc. Sells 1,183 Shares of GE Vernova Inc. $GEV

Stonebrook Private Inc. lessened its stake in shares of GE Vernova Inc. (NYSE:GEV) by 61.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 729 shares of the company’s stock after selling 1,183 shares during the quarter. Stonebrook Private Inc.’s holdings in GE Vernova were worth $477,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in GEV. Norges Bank bought a new stake in GE Vernova during the 4th quarter valued at approximately $2,283,114,000. Northwestern Mutual Wealth Management Co. boosted its stake in GE Vernova by 5,171.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,452,858 shares of the company’s stock valued at $1,603,114,000 after purchasing an additional 2,406,326 shares during the period. Capital World Investors boosted its stake in GE Vernova by 1,907.5% during the 3rd quarter. Capital World Investors now owns 2,156,197 shares of the company’s stock valued at $1,325,842,000 after purchasing an additional 2,048,792 shares during the period. Franklin Resources Inc. boosted its stake in GE Vernova by 170.0% during the 3rd quarter. Franklin Resources Inc. now owns 1,175,729 shares of the company’s stock valued at $722,956,000 after purchasing an additional 740,339 shares during the period. Finally, Jennison Associates LLC boosted its stake in GE Vernova by 1,300.4% during the 4th quarter. Jennison Associates LLC now owns 647,791 shares of the company’s stock valued at $423,377,000 after purchasing an additional 601,533 shares during the period.

GE Vernova Price Performance

GE Vernova stock opened at $919.59 on Wednesday. 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 $247.11 billion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 3.46 and a beta of 1.23. GE Vernova Inc. has a one year low of $458.65 and a one year high of $1,181.95. The business has a 50 day simple moving average of $1,006.31 and a 200 day simple moving average of $826.35.

GE Vernova (NYSE:GEV) last posted its earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, topping the consensus estimate of $1.95 by $15.49. The business had revenue of $9.34 billion during the quarter, compared to the consensus estimate of $9.19 billion. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.GE Vernova’s revenue was up 17.0% on a year-over-year basis. During the same quarter last year, the company earned $0.91 EPS. On average, sell-side analysts forecast that GE Vernova Inc. will post 14.99 EPS for the current fiscal year.

GE Vernova Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors 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 dividend payout ratio (DPR) is 5.83%.

Analyst Ratings Changes

A number of brokerages recently issued reports on GEV. The Goldman Sachs Group reaffirmed a “buy” rating and set a $1,328.00 target price on shares of GE Vernova in a research report on Friday, April 24th. Zacks Research lowered shares of GE Vernova from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Erste Group Bank raised shares of GE Vernova to a “strong-buy” rating in a research report on Tuesday, March 24th. Weiss Ratings raised shares of GE Vernova from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Finally, Jefferies Financial Group raised their price objective on GE Vernova from $965.00 to $1,350.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Two research 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’s stock. According to data from MarketBeat.com, GE Vernova has a consensus rating of “Moderate Buy” and a consensus target price of $1,090.76.

Insider Activity at GE Vernova

In related news, CEO Victor Abate sold 4,819 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 1,835 shares in the company, valued at $1,739,726.80. This trade represents a 72.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $1,059.09, for a total value of $2,470,856.97. Following the transaction, the chief accounting officer owned 3,549 shares of the company’s stock, valued at $3,758,710.41. This trade represents a 39.66% decrease in their position. The SEC filing for this sale provides additional information. 0.21% of the stock is owned by company insiders.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova’s Electrification business is showing strong momentum, with rising orders, revenue, and margins as grid expansion, AI data centers, and higher power demand boost demand for equipment and services. Is Electrification Becoming GE Vernova’s Most Valuable Business?
• Positive Sentiment: The company announced a new 3.8 MW onshore wind turbine and landed a 100 MW order from Powerica Limited, reinforcing its growth story in India’s renewable energy market. GE Vernova (GEV) Deepens its Commitment to India With a New Launch
• Positive Sentiment: Recent commentary continues to point to a strong long-term thesis for GEV, citing its leadership in power infrastructure and electrification tied to global energy transition trends. Is GE Vernova Inc. (GEV) A Good Stock To Buy Now?
• Neutral Sentiment: One article argues the stock is being re-evaluated after a 95% one-year surge and a recent pullback, suggesting the market is weighing valuation against strong fundamentals. Is It Time To Reassess GE Vernova (GEV) After Its 95% One Year Share Price Surge
• Neutral Sentiment: The latest market update simply notes that GEV has been trading lower than the broader market, without pointing to a new operational problem. GE Vernova (GEV) Sees a More Significant Dip Than Broader Market: Some Facts to Know
• Negative Sentiment: Despite strong fundamentals, the stock has recently cooled after a sharp run-up, and the market appears to be locking in gains while waiting for earnings growth to catch up with the valuation. GE Vernova (GEV) Stock Falls 11% Despite Record Earnings — Time to Buy the Dip?

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.