National Pension Service Decreases Stock Position in GE Vernova Inc. $GEV

National Pension Service lowered its stake in GE Vernova Inc. (NYSE:GEV) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 473,270 shares of the company’s stock after selling 17,164 shares during the period. National Pension Service’s holdings in GE Vernova were worth $309,315,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Torren Management LLC purchased a new position in shares of GE Vernova in the fourth quarter worth about $26,000. Jackson Grant Investment Advisers Inc. increased its holdings in shares of GE Vernova by 344.4% in the third quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company’s stock worth $25,000 after buying an additional 31 shares during the period. Wealth Watch Advisors INC purchased a new position in shares of GE Vernova in the third quarter worth about $25,000. ORG Wealth Partners LLC increased its holdings in shares of GE Vernova by 241.7% in the fourth quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock worth $27,000 after buying an additional 29 shares during the period. Finally, Navalign LLC purchased a new position in shares of GE Vernova in the fourth quarter worth about $27,000.

Insider Transactions at GE Vernova

In related news, CAO Matthew Joseph Potvin sold 2,333 shares of the business’s stock in a transaction that occurred 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 transaction, the chief accounting officer directly owned 3,549 shares in the company, valued at $3,758,710.41. The trade was a 39.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on GEV shares. 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. Mizuho set a $714.00 target price on GE Vernova in a research note on Tuesday, February 3rd. Jefferies Financial Group raised their target price on GE Vernova from $965.00 to $1,350.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. BNP Paribas Exane cut GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 target price on the stock. in a research note on Monday, April 27th. Finally, UBS Group reissued a “buy” rating on shares of GE Vernova in a research note on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,090.76.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: UBS identified GE Vernova as one of its highest-conviction industrial picks, signaling strong analyst confidence in the company’s outlook and supporting investor sentiment. GE Vernova, Boeing lead UBS’s highest-conviction industrial calls
• Positive Sentiment: Another market report said analysts view GE Vernova (GEV) as one of the best industrial buy ideas, which can help sustain demand for the shares even after recent volatility. Analysts Name Best Picks In Industrials. One Is Topping A Buy Point Today.
• Positive Sentiment: Coverage focused on GE Vernova’s strong cash generation and analyst optimism, suggesting the market continues to view the company as a quality industrial with solid fundamentals. Is GE Vernova (GEV) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: An article highlighted GE Vernova’s presentation at Bernstein’s strategic decisions conference, but it did not include a major new catalyst for the stock. GE Vernova Inc. (GEV) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Negative Sentiment: Some commentary raised concerns that GE Vernova’s AI/data-center upside may be more limited than bulls expect, pointing to physical constraints and project delays that could temper enthusiasm. GE Vernova: Physical Limitations Put A Harsh Ceiling On The AI Upside
• Negative Sentiment: Another piece questioned whether a turbine milestone will translate into stronger cash flow and dividend potential, which may weigh on valuation if investors focus on capital returns. GE Vernova Turbine Milestone Raises Questions On Cash Flows And Dividends

GE Vernova Price Performance

GEV stock opened at $996.00 on Friday. The firm has a 50 day moving average price of $994.75 and a 200-day moving average price of $805.17. GE Vernova Inc. has a 52-week low of $458.65 and a 52-week high of $1,181.95. The firm has a market capitalization of $267.65 billion, a price-to-earnings ratio of 29.01, a PEG ratio of 3.86 and a beta of 1.51. 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $15.49. The business had revenue of $9.34 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 17.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.91 earnings per share. Equities research analysts forecast that GE Vernova Inc. will post 14.84 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 16th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova’s payout ratio is 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.