GE Vernova Inc. $GEV Shares Sold by Compass Capital Management Inc.

Key Points

• Compass Capital Management reduced its GE Vernova stake by 10.7% in the fourth quarter, selling 1,593 shares and leaving it with 13,253 shares valued at about $8.66 million.
• GE Vernova reported much stronger-than-expected quarterly earnings, posting $17.44 EPS versus the $1.95 estimate, while revenue rose 17% year over year to $9.34 billion.
• The company also announced a quarterly dividend of $0.50 per share, payable July 14, though the yield remains modest at 0.2%.

Compass Capital Management Inc. trimmed its holdings in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 10.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,253 shares of the company's stock after selling 1,593 shares during the period. Compass Capital Management Inc.'s holdings in GE Vernova were worth $8,662,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Jackson Grant Investment Advisers Inc. increased its holdings in shares of GE Vernova by 344.4% during 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 period. Wealth Watch Advisors INC acquired a new position in shares of GE Vernova during the third quarter valued at $25,000. Torren Management LLC acquired a new position in shares of GE Vernova during the fourth quarter valued at $26,000. ORG Wealth Partners LLC increased its holdings in shares of GE Vernova by 241.7% during 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 period. Finally, Navalign LLC acquired a new position in shares of GE Vernova during the fourth quarter valued at $27,000.

GE Vernova Price Performance

NYSE:GEV opened at $904.16 on Friday. The business's 50-day moving average price is $1,007.95 and its 200 day moving average price is $830.97. The firm has a market cap of $242.97 billion, a P/E ratio of 26.34, a PEG ratio of 3.21 and a beta of 1.23. GE Vernova Inc. has a 52-week low of $474.21 and a 52-week high of $1,181.95. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.19.

GE Vernova (NYSE:GEV - Get Free Report) last released its quarterly earnings results 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 analyst estimates of $9.19 billion. During the same quarter last year, the company posted $0.91 EPS. GE Vernova's revenue for the quarter was up 17.0% on a year-over-year basis. As a group, sell-side analysts predict that GE Vernova Inc. will post 14.99 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th will be given a $0.50 dividend. The ex-dividend date 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 5.83%.

Insiders Place Their Bets

In related news, CAO Matthew Joseph Potvin sold 2,333 shares of the 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 transaction, the chief accounting officer owned 3,549 shares in the company, valued at $3,758,710.41. This trade represents a 39.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Victor Abate sold 4,819 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $948.08, for a total value of $4,568,797.52. Following the completion of the transaction, the chief executive officer owned 1,835 shares of the company's stock, valued at $1,739,726.80. This trade represents a 72.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.21% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Weiss Ratings raised GE Vernova from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, April 24th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $1,328.00 target price on shares of GE Vernova in a report on Friday, April 24th. Guggenheim lifted their target price on GE Vernova from $910.00 to $1,300.00 and gave the stock a "buy" rating in a report on Thursday, April 23rd. Rothschild & Co Redburn raised GE Vernova from a "sell" rating to a "buy" rating and lifted their target price for the stock from $560.00 to $1,100.00 in a report on Monday, March 9th. Finally, Jefferies Financial Group lowered their target price on GE Vernova from $1,350.00 to $1,210.00 and set a "buy" rating on the stock in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $1,085.16.

More GE Vernova News

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

• Positive Sentiment: Erste Group Bank lifted its FY2027 earnings estimate for GE Vernova and kept a Strong-Buy rating, reinforcing optimism around future earnings growth.
• Positive Sentiment: A Benzinga report highlighted GE Vernova as a potential beneficiary of the U.S. Department of Energy’s new fusion-energy timeline, which could improve sentiment toward the company’s exposure to advanced energy infrastructure. Article Title
• Neutral Sentiment: Broader market headlines referenced energy-related moves and geopolitical risk, but these were not specific to GE Vernova’s fundamentals.
• Negative Sentiment: Recent market coverage also noted that GE Vernova had seen a short-term dip versus the broader market, suggesting some volatility may still be present. Article Title

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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