71 West Capital Partners Takes Position in GE Vernova Inc. $GEV

71 West Capital Partners bought a new stake in GE Vernova Inc. (NYSE:GEV) during the fourth quarter, Holdings Channel reports. The institutional investor bought 755 shares of the company’s stock, valued at approximately $493,000.

A number of other institutional investors have also modified their holdings of GEV. Norges Bank acquired a new position in shares of GE Vernova in the 4th quarter valued at $2,283,114,000. Northwestern Mutual Wealth Management Co. grew its position in GE Vernova by 5,171.3% in 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 buying an additional 2,406,326 shares during the last quarter. Capital World Investors grew its position in GE Vernova by 1,907.5% in the 3rd quarter. Capital World Investors now owns 2,156,197 shares of the company’s stock valued at $1,325,842,000 after buying an additional 2,048,792 shares during the last quarter. Franklin Resources Inc. grew its position in GE Vernova by 170.0% in the 3rd quarter. Franklin Resources Inc. now owns 1,175,729 shares of the company’s stock valued at $722,956,000 after buying an additional 740,339 shares during the last quarter. Finally, Morgan Stanley grew its position in GE Vernova by 12.8% in the 4th quarter. Morgan Stanley now owns 6,054,474 shares of the company’s stock valued at $3,957,024,000 after buying an additional 685,466 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on GEV shares. BNP Paribas Exane lowered shares of GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 price objective on the stock. in a research report on Monday, April 27th. Zacks Research lowered shares of GE Vernova from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. BMO Capital Markets lifted their price objective on shares of GE Vernova from $1,110.00 to $1,250.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Wells Fargo & Company lifted their price objective on shares of GE Vernova from $831.00 to $896.00 and gave the company an “overweight” rating in a research report on Tuesday, March 31st. Finally, Jefferies Financial Group lowered their price objective on shares of GE Vernova from $1,350.00 to $1,210.00 and set a “buy” rating on the stock in a research report on Thursday, June 11th. Two equities research 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 company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,089.88.

GE Vernova Price Performance

Shares of NYSE GEV opened at $982.80 on Wednesday. The firm has a market capitalization of $264.10 billion, a P/E ratio of 28.63, a PEG ratio of 3.63 and a beta of 1.23. GE Vernova Inc. has a one year low of $479.04 and a one year high of $1,181.95. The company’s fifty day moving average is $1,012.17 and its two-hundred day moving average is $839.14. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 0.89.

GE Vernova (NYSE:GEV) last issued 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 company had revenue of $9.34 billion for the quarter, compared to analyst estimates of $9.19 billion. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The business’s revenue was up 17.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.91 EPS. Analysts forecast that GE Vernova Inc. will post 14.99 EPS for the current fiscal year.

GE Vernova Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 16th will be paid 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 of this dividend is Tuesday, June 16th. GE Vernova’s payout ratio is 5.83%.

Insider Buying and Selling at GE Vernova

In other news, CEO Victor Abate sold 4,819 shares of GE Vernova stock in a transaction 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 of the company’s stock, valued at $1,739,726.80. The trade was a 72.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Matthew Joseph Potvin sold 2,333 shares of GE Vernova stock in a transaction 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 directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.21% of the company’s stock.

GE Vernova News Summary

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

• Positive Sentiment: Media coverage highlighted GE Vernova’s equipment and technology as a beneficiary of rising AI-driven electricity demand and broader electrification trends. GE Vernova Powers Machines Behind AI & Electrification Demand
• Positive Sentiment: Analysts and market commentary emphasized GE Vernova’s expanding services franchise and $163.3 billion backlog, which provide revenue visibility and support a steadier growth outlook. Can GE Vernova’s Services Business Drive More Stable Growth?
• Positive Sentiment: Interest in GridOS for Transmission reflects investor optimism around GE Vernova’s AI-enabled software and grid stability solutions, which could deepen its role in utility modernization. GE Vernova Inc. (GEV) Unveils GridOS for Transmission to Enhance Grid Stability and Operations
• Neutral Sentiment: One article questioned GE Vernova’s growth and valuation after the GridOS launch, suggesting the market is weighing its software ambitions against a rich stock valuation. GE Vernova GridOS Launch Spurs Questions On Growth And Valuation
• Negative Sentiment: Another report said Rolls-Royce was selected over GE Vernova as a supplier for new small modular reactors in Sweden, a reminder of competitive headwinds in the nuclear energy opportunity. Rolls-Royce tops GE Vernova as supplier for new small modular reactors in Sweden
• Negative Sentiment: Jefferies reportedly trimmed its price target on GE Vernova, which may have pressured sentiment by signaling less upside near term. Jefferies Trims Price Target on GE Vernova (GEV). Here is Why

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.