GE Vernova Inc. $GEV Shares Purchased by Genesis Financial Group LLC

Genesis Financial Group LLC boosted its position in shares of GE Vernova Inc. (NYSE:GEV) by 456.4% in the first quarter, Holdings Channel.com reports. The firm owned 8,719 shares of the company’s stock after acquiring an additional 7,152 shares during the period. GE Vernova makes up about 4.8% of Genesis Financial Group LLC’s investment portfolio, making the stock its 4th largest position. Genesis Financial Group LLC’s holdings in GE Vernova were worth $7,611,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Onyx Bridge Wealth Group LLC lifted its holdings in shares of GE Vernova by 1.3% in the first quarter. Onyx Bridge Wealth Group LLC now owns 727 shares of the company’s stock valued at $635,000 after purchasing an additional 9 shares in the last quarter. Red Door Wealth Management LLC grew its holdings in shares of GE Vernova by 0.6% during the first quarter. Red Door Wealth Management LLC now owns 1,774 shares of the company’s stock worth $1,548,000 after buying an additional 10 shares in the last quarter. Advance Capital Management Inc. grew its holdings in shares of GE Vernova by 2.2% during the first quarter. Advance Capital Management Inc. now owns 461 shares of the company’s stock worth $402,000 after buying an additional 10 shares in the last quarter. Alpha Financial Partners LLC raised its position in GE Vernova by 2.0% in the 1st quarter. Alpha Financial Partners LLC now owns 514 shares of the company’s stock valued at $449,000 after buying an additional 10 shares during the last quarter. Finally, Bell Investment Advisors Inc raised its position in GE Vernova by 5.2% in the 1st quarter. Bell Investment Advisors Inc now owns 221 shares of the company’s stock valued at $193,000 after buying an additional 11 shares during the last quarter.

Insiders Place Their Bets

In other GE Vernova news, CAO Matthew Joseph Potvin sold 2,333 shares of the 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 completion of the sale, the chief accounting officer owned 3,549 shares in the company, valued at $3,758,710.41. This trade represents a 39.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Victor Abate sold 4,819 shares of GE Vernova stock in a transaction dated Monday, June 1st. The shares were 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 directly owned 1,835 shares of the company’s stock, valued at approximately $1,739,726.80. This trade represents a 72.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is currently owned by insiders.

GE Vernova Stock Performance

Shares of NYSE GEV opened at $900.03 on Thursday. The stock has a 50 day moving average price of $1,030.27 and a 200 day moving average price of $929.81. GE Vernova Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85. The stock has a market capitalization of $239.70 billion, a PE ratio of 25.76, a price-to-earnings-growth ratio of 3.46 and a beta of 1.09.

GE Vernova (NYSE:GEV) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing the consensus estimate of $3.17 by ($0.70). GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The company had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.79 billion. During the same period last year, the firm earned $1.86 EPS. The firm’s revenue for the quarter was up 21.9% compared to the same quarter last year. Analysts predict that GE Vernova Inc. will post 15.16 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio (DPR) is currently 5.72%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on GEV. Jefferies Financial Group reaffirmed a “buy” rating on shares of GE Vernova in a research report on Monday. The Goldman Sachs Group reiterated a “buy” rating and issued a $1,328.00 price objective on shares of GE Vernova in a report on Friday, April 24th. Oppenheimer boosted their price objective on shares of GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Citigroup increased their target price on shares of GE Vernova from $779.00 to $1,110.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. Finally, Zacks Research cut shares of GE Vernova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, GE Vernova currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,133.15.

Key GE Vernova News

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

• Positive Sentiment: GE Vernova is increasingly viewed as a supplier to the AI data-center buildout, with hyperscalers seeking gas turbines and other reliable power sources for energy-intensive computing projects. This could support long-term orders and reinforce the company’s strategic value. GE Is Finding a New Role Powering the AI Data Center Boom
• Positive Sentiment: The company’s collaboration with AirJoule was expanded at GE Vernova’s Frontier Campus, showcasing atmospheric water technology for industrial and data-center applications. The project may create longer-term opportunities in water- and energy-efficiency solutions. GE Vernova Deploys AirJoule Water System
• Neutral Sentiment: GE Vernova is receiving heightened retail-investor and analyst attention, while broader electricity-grid demand and electrification trends remain supportive. However, the “trending stock” coverage offers limited new fundamental information. GE Vernova Is a Trending Stock
• Negative Sentiment: Recent quarterly results showed an earnings-per-share miss—$2.47 versus an expected $3.17—even though revenue exceeded estimates and rose 21.9% year over year. The profit shortfall likely remains a key reason investors are cautious.
• Negative Sentiment: Reports that turbines supporting AI data centers may experience early failures raise concerns about operating reliability, maintenance costs, customer confidence and potential execution risks as demand accelerates. AI Data Center Turbines Are Suffering Early Deaths
• Negative Sentiment: Vertiv’s earnings-related selloff is weighing on sentiment across AI-infrastructure stocks, highlighting concerns that demand expectations and execution may be difficult to sustain despite favorable long-term guidance. Vertiv Earnings Beat Estimates

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.