Black Swift Group LLC Purchases Shares of 3,250 GE Vernova Inc. $GEV

Key Points

• Black Swift Group LLC disclosed a new stake in GE Vernova, buying 3,250 shares valued at about $2.124 million in the fourth quarter.
• GE Vernova continues to draw bullish attention from Wall Street, with UBS naming it a high-conviction industrial pick and analysts broadly maintaining a Moderate Buy consensus.
• The company posted a strong quarter, beating earnings and revenue estimates, while also announcing a quarterly dividend of $0.50 per share payable on July 14.

Black Swift Group LLC purchased a new stake in shares of GE Vernova Inc. (NYSE:GEV - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,250 shares of the company's stock, valued at approximately $2,124,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GEV. RFG Advisory LLC grew its stake in shares of GE Vernova by 2.1% in the fourth quarter. RFG Advisory LLC now owns 634 shares of the company's stock worth $414,000 after acquiring an additional 13 shares during the last quarter. Voisard Asset Management Group Inc. grew its stake in shares of GE Vernova by 2.7% in the fourth quarter. Voisard Asset Management Group Inc. now owns 575 shares of the company's stock worth $376,000 after acquiring an additional 15 shares during the last quarter. Clean Yield Group grew its stake in shares of GE Vernova by 2.2% in the fourth quarter. Clean Yield Group now owns 685 shares of the company's stock worth $448,000 after acquiring an additional 15 shares during the last quarter. Rossmore Private Capital grew its stake in shares of GE Vernova by 2.8% in the fourth quarter. Rossmore Private Capital now owns 559 shares of the company's stock worth $365,000 after acquiring an additional 15 shares during the last quarter. Finally, Forefront Wealth Partners LLC grew its stake in shares of GE Vernova by 1.5% in the fourth quarter. Forefront Wealth Partners LLC now owns 997 shares of the company's stock worth $652,000 after acquiring an additional 15 shares during the last quarter.

Key GE Vernova News

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

• Positive Sentiment: UBS named GE Vernova one of its highest-conviction industrial picks, and other market commentary highlighted the stock as one of Wall Street’s preferred buy ideas. GE Vernova, Boeing lead UBS’s highest-conviction industrial calls
• Positive Sentiment: Multiple articles pointed to GE Vernova as a beneficiary of surging electricity demand from AI data centers, reinforcing the company’s growth narrative tied to power generation and grid infrastructure. GE Vernova vs. Constellation Energy: Which AI Power Stock Wins?
• Positive Sentiment: Analyst coverage remains optimistic, with reports noting that Wall Street’s average brokerage recommendation still leans bullish on GEV. Is GE Vernova (GEV) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: One recent article framed GE Vernova as a cash-generating company, but did not provide a clear new catalyst for the stock. 2 Cash-Producing Stocks Worth Your Attention and 1 We Avoid
• Negative Sentiment: GE Vernova shares fell in the latest session, even as the broader market rose, suggesting some profit-taking or investor hesitation after the stock’s strong run. GE Vernova (GEV) Stock Sinks As Market Gains: What You Should Know
• Negative Sentiment: A bearish Seeking Alpha piece argued that physical constraints in power infrastructure could limit how much of the AI buildout GE Vernova can actually capture. GE Vernova: Physical Limitations Put A Harsh Ceiling On The AI Upside

GE Vernova Stock Up 0.1%

Shares of NYSE GEV opened at $968.81 on Monday. The stock has a market cap of $260.34 billion, a PE ratio of 28.22, a PEG ratio of 3.63 and a beta of 1.24. The business has a fifty day moving average of $996.99 and a two-hundred day moving average of $807.91. GE Vernova Inc. has a 52-week low of $458.65 and a 52-week high of $1,181.95. 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 - Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.95 by $15.49. The company had revenue of $9.34 billion during the quarter, compared to analysts' expectations of $9.19 billion. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The business's revenue was up 17.0% on a year-over-year basis. During the same period last year, the business earned $0.91 earnings per share. As a group, equities research analysts expect that GE Vernova Inc. will post 14.84 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova's dividend payout ratio (DPR) is presently 5.83%.

Insider Activity

In other GE Vernova news, 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 transaction of $2,470,856.97. Following the completion of the transaction, the chief accounting officer directly owned 3,549 shares of the company's stock, valued at approximately $3,758,710.41. This trade represents a 39.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.21% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Citigroup raised their price objective on shares of GE Vernova from $779.00 to $1,110.00 and gave the stock a "neutral" rating in a research note on Monday, April 13th. Barclays raised their price objective on shares of GE Vernova from $993.00 to $1,250.00 and gave the stock an "overweight" rating in a research note on Thursday, April 23rd. TD Cowen raised their price objective on shares of GE Vernova from $780.00 to $1,220.00 and gave the stock a "buy" rating in a research note on Thursday, April 23rd. Rothschild & Co Redburn upgraded shares of GE Vernova from a "sell" rating to a "buy" rating and lifted their price target for the stock from $560.00 to $1,100.00 in a research note on Monday, March 9th. Finally, Robert W. Baird lifted their price target on shares of 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. Two equities 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 company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $1,090.76.

About GE Vernova

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.

Want to see what other hedge funds are holding GEV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE Vernova Inc. (NYSE:GEV - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.