Calamos Advisors LLC Decreases Stock Holdings in GE Vernova Inc. $GEV

Key Points

• Calamos Advisors cut its GE Vernova stake by 19.1% in the second quarter, selling 29,234 shares and retaining 123,656 shares valued at approximately $145.3 million.
• Analysts remain broadly bullish, with GE Vernova receiving a consensus “Moderate Buy” rating and an average price target of $1,133.15, despite mixed individual revisions.
• GE Vernova’s shares were down 6.8%, following quarterly EPS of $2.47 that missed estimates, although revenue rose 21.9% year over year to $11.1 billion. Strong backlog and power-generation demand were offset by weakness in wind and broader concerns about higher interest rates and customer financing.

Calamos Advisors LLC lowered its position in GE Vernova Inc. (NYSE:GEV - Free Report) by 19.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 123,656 shares of the company's stock after selling 29,234 shares during the period. Calamos Advisors LLC's holdings in GE Vernova were worth $145,278,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of GEV. Cornerstone Financial Management LLC acquired a new stake in GE Vernova in the fourth quarter valued at approximately $25,000. Wealth Watch Advisors INC acquired a new position in shares of GE Vernova during the third quarter worth $25,000. Torren Management LLC purchased a new stake in shares of GE Vernova during the 4th quarter valued at $26,000. Manning & Napier Advisors LLC lifted its holdings in shares of GE Vernova by 68.4% during the 1st quarter. Manning & Napier Advisors LLC now owns 32 shares of the company's stock valued at $26,000 after purchasing an additional 13 shares during the last quarter. Finally, Navalign LLC acquired a new stake in shares of GE Vernova in the 4th quarter worth $27,000.

Insider Transactions at GE Vernova

In other GE Vernova news, CEO Victor Abate sold 4,819 shares of the firm's stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $948.08, for a total value of $4,568,797.52. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.21% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on GEV shares. Guggenheim boosted their target price on GE Vernova from $1,300.00 to $1,450.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. BNP Paribas Exane cut GE Vernova from an "outperform" rating to a "neutral" rating and set a $1,190.00 price target for the company. in a research note on Monday, April 27th. Argus set a $1,300.00 price target on GE Vernova in a report on Monday, April 27th. Sanford C. Bernstein boosted their price target on GE Vernova from $1,206.00 to $1,298.00 and gave the stock an "outperform" rating in a research note on Thursday, July 23rd. Finally, Weiss Ratings restated a "buy (b)" rating on shares of GE Vernova in a report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, GE Vernova has a consensus rating of "Moderate Buy" and an average price target of $1,133.15.

GE Vernova Trading Down 6.8%

Shares of NYSE:GEV opened at $1,005.97 on Wednesday. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. GE Vernova Inc. has a 52-week low of $530.16 and a 52-week high of $1,195.94. The stock has a market cap of $267.92 billion, a price-to-earnings ratio of 28.79, a PEG ratio of 3.79 and a beta of 1.21. The business has a 50-day moving average price of $1,038.75 and a 200-day moving average price of $964.62.

GE Vernova (NYSE:GEV - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing analysts' consensus estimates of $3.17 by ($0.70). GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The firm had revenue of $11.10 billion during the quarter, compared to analysts' expectations of $10.79 billion. During the same quarter in the prior year, the company earned $1.86 EPS. GE Vernova's quarterly revenue was up 21.9% on a year-over-year basis. Equities analysts predict that GE Vernova Inc. will post 15.57 EPS for the current year.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: GE Vernova’s backlog reportedly reached $176 billion, while rising orders for power-generation and grid technologies point to strong demand and improved revenue visibility. The company’s nuclear-related AI deal also reinforced the investment case tied to surging electricity demand. GE Vernova backlog and nuclear AI deal
• Positive Sentiment: GE Vernova is leading an ARPA-E project with SHINE to modernize tracking of spent nuclear fuel during recycling. Although the project is unlikely to materially affect near-term earnings, it strengthens the company’s positioning in advanced nuclear infrastructure and fuel-cycle technology. SHINE joins GE Vernova-led ARPA-E project
• Neutral Sentiment: GE Vernova’s wind business reportedly declined 40%, but commentary characterized the weakness as a vulnerable segment rather than an immediate threat, given the strength of the company’s gas-turbine and broader power businesses. GE Vernova wind business analysis
• Negative Sentiment: A Wall Street Journal report about potentially hidden debt among hyperscalers, combined with a 19-year high in Treasury yields, triggered a sharp risk-off move across AI-power and data-center infrastructure stocks. Investors are reassessing whether customers can finance planned projects and whether higher rates will pressure the sector’s valuations. Behind-the-meter energy stocks fall

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.

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