MMA Asset Management LLC Reduces Position in GE Vernova Inc. $GEV

MMA Asset Management LLC lessened its position in shares of GE Vernova Inc. (NYSE:GEV) by 40.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 800 shares of the company’s stock after selling 551 shares during the quarter. MMA Asset Management LLC’s holdings in GE Vernova were worth $523,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in 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 buying an additional 15 shares during the last quarter. Clean Yield Group grew its stake in GE Vernova by 2.2% during the 4th quarter. Clean Yield Group now owns 685 shares of the company’s stock worth $448,000 after buying an additional 15 shares during 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 buying an additional 16 shares during 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 buying an additional 16 shares during the last quarter. Finally, Evergreen Capital Management LLC grew its stake in GE Vernova by 0.6% during the 4th quarter. Evergreen Capital Management LLC now owns 2,602 shares of the company’s stock worth $1,701,000 after buying an additional 16 shares during the last quarter.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Q1 results and outlook — GE Vernova reported revenue of $9.34B and EPS that far exceeded expectations, backed by renewed full?year guidance and strong free?cash?flow prospects; management’s multi?billion dollar buyback program is compressing share count and supporting EPS. Should GE Vernova’s Record AI?Linked Orders and Buybacks Prompt Action From GEV Investors?
• Positive Sentiment: AI data?center demand fueling backlog — Multiple pieces link GEV’s surge to booming data?center builds (huge capex from cloud providers), which is driving large equipment and service orders for power systems and grid solutions. This secular tailwind supports higher revenue visibility. Electricians Are the New Must-Have for Data Centers. These Stocks Benefit.
• Positive Sentiment: Strategic gas?plus?nuclear partnership — GE Vernova and Blue Energy announced a 2.5 GW collaboration to develop the world’s first gas?plus?nuclear plant concept in Texas, expanding GEV’s role in large baseload + flexible power solutions that appeal to AI/data center customers seeking resilient, low?carbon power. Blue Energy and GE Vernova Accelerate Gas-Plus-Nuclear Approach for Powering American Communities and Fueling Global AI Leadership
• Positive Sentiment: Analyst and media bullishness — Several outlets and analysts have added GEV to “buy” lists or highlighted it as a key AI?power play, increasing investor interest and supporting the rerating versus peers. 3 Energy Stocks to Buy and 2 to Avoid as AI Power Demand Explodes
• Neutral Sentiment: Project dispute with Vineyard Wind — GE Vernova publicly challenged Vineyard Wind’s claims around potential harm if the firm exits a project. Legal or contractual outcomes could be uncertain; impact depends on resolution details. GE Vernova challenges Vineyard Wind’s claims of harm if it leaves project
• Neutral Sentiment: Media roundup and investor ideas — Multiple articles profile GEV’s rally and suggest related small?cap renewable picks; these broaden interest but are secondary to GEV’s core fundamentals. As GEV Garners Attention Consider These 3 Renewable Energy Stocks Under $30

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Citigroup boosted their target price on GE Vernova from $779.00 to $1,110.00 and gave the company a “neutral” rating in a report on Monday, April 13th. Robert W. Baird upped their price target on GE Vernova from $1,008.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Erste Group Bank raised GE Vernova to a “strong-buy” rating in a report on Tuesday, March 24th. Glj Research increased their price target on GE Vernova from $758.00 to $1,087.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Finally, TD Cowen increased their price target on GE Vernova from $780.00 to $1,220.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,090.76.

GE Vernova Price Performance

Shares of NYSE GEV opened at $1,074.28 on Tuesday. 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 stock has a fifty day moving average price of $919.40 and a 200 day moving average price of $745.60. GE Vernova Inc. has a 1-year low of $387.03 and a 1-year high of $1,181.95. The company has a market cap of $288.68 billion, a PE ratio of 31.29, a P/E/G ratio of 3.98 and a beta of 1.51.

GE Vernova (NYSE:GEV) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 earnings per share for the quarter, topping the consensus estimate of $1.95 by $15.49. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The firm had revenue of $9.34 billion during the quarter, compared to the consensus estimate of $9.19 billion. During the same period last year, the company earned $0.91 earnings per share. The company’s revenue for the quarter was up 17.0% on a year-over-year basis. Sell-side analysts forecast that GE Vernova Inc. will post 14.84 EPS for the current year.

GE Vernova Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Tuesday, March 17th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 17th. GE Vernova’s dividend payout ratio is currently 5.83%.

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.