GE Vernova Inc. $GEV Shares Acquired by High Net Worth Advisory Group LLC

High Net Worth Advisory Group LLC grew its position in GE Vernova Inc. (NYSE:GEV) by 158.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,167 shares of the company’s stock after buying an additional 715 shares during the quarter. High Net Worth Advisory Group LLC’s holdings in GE Vernova were worth $763,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Voisard Asset Management Group Inc. grew its stake in GE Vernova by 2.7% during the 4th quarter. Voisard Asset Management Group Inc. now owns 575 shares of the company’s stock worth $376,000 after purchasing an additional 15 shares in the last quarter. Northwest Wealth Management LLC grew its stake in GE Vernova by 3.6% during the 3rd quarter. Northwest Wealth Management LLC now owns 465 shares of the company’s stock worth $286,000 after purchasing an additional 16 shares in the last quarter. Sutton Place Investors LLC grew its stake in GE Vernova by 3.1% during the 4th quarter. Sutton Place Investors LLC now owns 531 shares of the company’s stock worth $347,000 after purchasing an additional 16 shares in the last quarter. Washburn Capital Management Inc. grew its stake in GE Vernova by 0.3% during the 4th quarter. Washburn Capital Management Inc. now owns 4,735 shares of the company’s stock worth $3,095,000 after purchasing an additional 16 shares in the last quarter. Finally, Traphagen Investment Advisors LLC grew its stake in GE Vernova by 1.2% during the 3rd quarter. Traphagen Investment Advisors LLC now owns 1,418 shares of the company’s stock worth $872,000 after purchasing an additional 17 shares in the last quarter.

GE Vernova Stock Up 0.0%

Shares of GE Vernova stock opened at $991.80 on Monday. The firm has a market capitalization of $266.66 billion, a P/E ratio of 55.72, a P/E/G ratio of 3.90 and a beta of 1.43. GE Vernova Inc. has a 52 week low of $306.00 and a 52 week high of $999.43. The firm’s 50 day moving average is $847.25 and its two-hundred day moving average is $702.58.

GE Vernova (NYSE:GEV) last announced its quarterly earnings results on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, beating the consensus estimate of $2.99 by $10.40. The company had revenue of $10.96 billion for the quarter, compared to analyst estimates of $10.21 billion. GE Vernova had a net margin of 12.83% and a return on equity of 46.91%. The firm’s revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.73 earnings per share. As a group, research analysts expect that GE Vernova Inc. will post 6.59 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 17th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, March 17th. GE Vernova’s payout ratio is presently 11.24%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on GEV shares. TD Cowen boosted their target price on GE Vernova from $680.00 to $780.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Wall Street Zen raised GE Vernova from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. Citigroup boosted their target price on GE Vernova from $708.00 to $779.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. Jefferies Financial Group reaffirmed a “buy” rating and set a $930.00 price objective on shares of GE Vernova in a research report on Thursday, January 29th. Finally, Erste Group Bank raised GE Vernova to a “strong-buy” rating in a research report on Tuesday, March 24th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, GE Vernova currently has a consensus rating of “Buy” and an average target price of $874.91.

Key GE Vernova News

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

• Positive Sentiment: Multiple analysts raised ratings/targets and estimates (Susquehanna, Barclays, Goldman Sachs, Erste), driving bullish investor sentiment and supporting higher price targets. GE Vernova (GEV) Stock Is Up, What You Need To Know
• Positive Sentiment: Strategic Europe expansion: signed an MoU with Hungary’s MVM to explore cooperation on generation and grid projects, reinforcing European growth optionality. GE Vernova’s Hungary MoU Adds To Europe Growth And Valuation Debate
• Positive Sentiment: Nuclear services foothold in Europe: Hitachi/GE Vernova signed a main services agreement with AFRY to advance deployment of the BWRX-300 SMR in Europe, expanding addressable markets for high-margin services. GE Vernova Extends Nuclear Ambitions In Europe With New SMR Services Deal
• Neutral Sentiment: Positive sector narrative and media coverage highlight accelerating demand (data center power, grid modernization), but several pieces also note a premium valuation that could temper near-term upside. GE Vernova Is In the Right Place at the Right Time
• Negative Sentiment: Lawsuit from Vineyard Wind seeking to block GE Vernova unit from abandoning work on a $4.5B offshore-wind farm — introduces legal, schedule and potential penalty risk at a high-profile project. Vineyard Wind sues GE Vernova to block it from abandoning work on wind farm
• Negative Sentiment: Short interest jumped ~22.8% in March to ~7.29M shares (≈2.7% of shares short), increasing days-to-cover to ~2.5 — a rise in bearish positioning that can amplify downside on negative news or sell-offs.

GE Vernova Company 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.