GE Vernova Inc. $GEV Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Key Points

• Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its GE Vernova stake by 3.5% in the fourth quarter, selling 2,260 shares and ending with 63,111 shares worth about $41.25 million.
• GE Vernova reported a strong latest quarter, with EPS of $17.44 versus analysts’ expectations of $1.95 and revenue of $9.34 billion, topping estimates and rising 17% year over year.
• The company also announced a quarterly dividend of $0.50 per share, while analysts remain broadly positive on the stock with several raised price targets and a consensus “Moderate Buy” rating.

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its stake in GE Vernova Inc. (NYSE:GEV - Free Report) by 3.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 63,111 shares of the company's stock after selling 2,260 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in GE Vernova were worth $41,247,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. 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 valued at $25,000 after purchasing an additional 31 shares during the last quarter. Wealth Watch Advisors INC acquired a new stake in shares of GE Vernova in the third quarter valued at approximately $25,000. Torren Management LLC acquired a new stake in shares of GE Vernova in the fourth quarter valued at approximately $26,000. 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 valued at $27,000 after purchasing an additional 29 shares during the last quarter. Finally, Navalign LLC acquired a new stake in shares of GE Vernova in the fourth quarter valued at approximately $27,000.

Insider Buying and Selling at GE Vernova

In other 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 value of $2,470,856.97. Following the completion of the sale, the chief accounting officer directly owned 3,549 shares of the company's stock, valued at approximately $3,758,710.41. The trade was a 39.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.21% of the company's stock.

GE Vernova Stock Performance

NYSE GEV opened at $968.81 on Friday. GE Vernova Inc. has a twelve month low of $458.65 and a twelve month high of $1,181.95. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. The stock has a fifty day simple moving average of $996.99 and a 200-day simple moving average of $806.32. The stock has a market cap of $260.34 billion, a PE ratio of 28.22, a P/E/G ratio of 3.63 and a beta of 1.51.

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 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 business had revenue of $9.34 billion during the quarter, compared to analysts' expectations of $9.19 billion. During the same period in the previous year, the firm posted $0.91 earnings per share. The company's revenue was up 17.0% on a year-over-year basis. Equities analysts anticipate that GE Vernova Inc. will post 14.84 earnings per share for the current year.

GE Vernova Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 16th will be paid a $0.50 dividend. 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 payout ratio is presently 5.83%.

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

Analyst Ratings Changes

Several equities research analysts recently commented on GEV shares. Royal Bank Of Canada increased their price target on GE Vernova from $996.00 to $1,195.00 and gave the company an "outperform" rating in a report on Thursday, April 23rd. Wall Street Zen raised GE Vernova from a "hold" rating to a "buy" rating in a research note on Saturday, January 31st. The Goldman Sachs Group reiterated a "buy" rating and set a $1,328.00 price target on shares of GE Vernova in a report on Friday, April 24th. Mizuho set a $714.00 price target on GE Vernova in a report on Tuesday, February 3rd. Finally, Barclays increased their price target on GE Vernova from $993.00 to $1,250.00 and gave the stock an "overweight" 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 assigned a Hold rating to the company's stock. According to MarketBeat.com, GE Vernova currently has a consensus rating of "Moderate Buy" and a consensus target price 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.

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