Acumen Wealth Advisors LLC Has $1.14 Million Holdings in GE Vernova Inc. $GEV

Acumen Wealth Advisors LLC boosted its stake in GE Vernova Inc. (NYSE:GEV) by 473.1% in the first quarter, HoldingsChannel reports. The firm owned 1,301 shares of the company’s stock after acquiring an additional 1,074 shares during the period. Acumen Wealth Advisors LLC’s holdings in GE Vernova were worth $1,136,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GEV. Brighton Jones LLC increased its stake in shares of GE Vernova by 29.4% in the 4th quarter. Brighton Jones LLC now owns 3,315 shares of the company’s stock valued at $1,091,000 after acquiring an additional 753 shares during the last quarter. Schnieders Capital Management LLC. boosted its stake in GE Vernova by 1.7% during the 2nd quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company’s stock worth $828,000 after acquiring an additional 26 shares during the last quarter. Jump Financial LLC acquired a new position in GE Vernova during the second quarter valued at approximately $258,000. Ossiam acquired a new position in GE Vernova during the second quarter valued at approximately $42,000. Finally, Nebula Research & Development LLC increased its stake in GE Vernova by 23.9% in the second quarter. Nebula Research & Development LLC now owns 1,674 shares of the company’s stock valued at $886,000 after purchasing an additional 323 shares in the last quarter.

GE Vernova Price Performance

Shares of NYSE GEV opened at $1,075.19 on Wednesday. The company has a fifty day moving average price of $1,037.70 and a 200 day moving average price of $916.52. The firm has a market cap of $288.92 billion, a PE ratio of 31.32, a PEG ratio of 3.98 and a beta of 1.09. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. GE Vernova Inc. has a 1-year low of $530.16 and a 1-year high of $1,195.94.

GE Vernova (NYSE:GEV) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $15.49. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The company had revenue of $9.34 billion for the quarter, compared to analyst estimates of $9.19 billion. During the same period in the previous year, the company posted $0.91 earnings per share. The company’s quarterly revenue was up 17.0% compared to the same quarter last year. Research analysts predict that GE Vernova Inc. will post 15.06 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 16th were 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 was Tuesday, June 16th. GE Vernova’s dividend payout ratio (DPR) is currently 5.83%.

Key GE Vernova News

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

• Positive Sentiment: Investors are bullish on GE Vernova’s role in powering AI data centers and the broader electrification buildout, with multiple reports highlighting strong demand for turbines and grid equipment. AI Data Centers Need Power, and These 2 Industrials Are Cashing In
• Positive Sentiment: Several articles say GE Vernova heads into earnings with a robust backlog, including sold-out gas turbine capacity and bookings extending into 2027, which supports near-term revenue visibility. GE Vernova: The Hidden AI Play That Has Few Growth Headwinds
• Positive Sentiment: Wall Street coverage remains constructive, with brokerages assigning an average “Moderate Buy” rating, and commentary suggesting analysts still see upside despite the stock’s strong run. GE Vernova Inc. Receives Average Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: Investors are also focused on analyst estimates and key operating metrics for the upcoming quarter, as the company’s valuation has climbed sharply and markets want confirmation that growth is keeping pace.
• Neutral Sentiment: Several pieces debate whether GE Vernova still deserves a premium valuation after a huge run, suggesting the stock may remain volatile around earnings as expectations are now high.
• Negative Sentiment: The biggest near-term risk is earnings disappointment: with shares already up sharply over the past year, any miss on margins, orders, or backlog commentary could pressure the stock if management does not reinforce the growth story.

Wall Street Analysts Forecast Growth

GEV has been the topic of a number of recent analyst reports. BNP Paribas Exane cut shares of GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 price target on the stock. in a research report on Monday, April 27th. Erste Group Bank raised GE Vernova to a “strong-buy” rating in a research note on Tuesday, March 24th. Robert W. Baird lifted their target price on GE Vernova from $1,008.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Argus set a $1,300.00 target price on GE Vernova in a research note on Monday, April 27th. Finally, BMO Capital Markets increased their price target on GE Vernova from $1,110.00 to $1,250.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,089.88.

Insiders Place Their Bets

In related 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 transaction of $2,470,856.97. Following the completion of the transaction, the chief accounting officer owned 3,549 shares in the company, valued at approximately $3,758,710.41. This represents a 39.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Victor Abate sold 4,819 shares of the firm’s stock in a transaction on 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. Insiders own 0.21% of the company’s stock.

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.