Guardian Partners Inc. Cuts Stock Position in GE Vernova Inc. $GEV

Key Points

• Guardian Partners reduced its GE Vernova position by 81.7% in the second quarter, selling 1,251 shares and retaining 281 shares valued at approximately $330,000.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $1,133.15, although one analyst downgraded the stock to “hold” and Mizuho maintained a neutral rating.
• GE Vernova reported strong year-over-year revenue growth of 21.9% but missed quarterly earnings expectations, posting $2.47 per share versus the $3.17 consensus estimate. Shares trade near $1,064, while valuation concerns persist after a substantial recent gain.

Guardian Partners Inc. cut its position in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 81.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 281 shares of the company's stock after selling 1,251 shares during the quarter. Guardian Partners Inc.'s holdings in GE Vernova were worth $330,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

GEV has been the topic of several recent research reports. Wall Street Zen lowered shares of GE Vernova from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Weiss Ratings reissued a "buy (b)" rating on shares of GE Vernova in a research note on Tuesday, July 21st. BMO Capital Markets restated an "outperform" rating on shares of GE Vernova in a research report on Friday, August 7th. Jefferies Financial Group reaffirmed a "buy" rating on shares of GE Vernova in a research note on Monday, July 27th. Finally, Mizuho lifted their price objective on GE Vernova from $913.00 to $949.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $1,133.15.

Insider Transactions at GE Vernova

In related news, CEO Victor Abate sold 4,819 shares of the business's stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the transaction, the chief executive officer owned 1,835 shares in the company, valued at $1,739,726.80. The trade was a 72.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.21% of the stock is currently owned by corporate insiders.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Raised outlook and robust demand: Management recently increased its full-year revenue guidance amid booming demand for power equipment. Recent coverage also highlights stronger orders, improving margins and free cash flow, supporting expectations for continued earnings growth. Should Investors Take Profits in GE Vernova After Its Big Run?
• Positive Sentiment: AI power beneficiary: Analysts and investors increasingly view GEV as an AI-infrastructure play because hyperscalers and data centers require significant new electricity-generation and grid capacity. The company’s backlog has reportedly reached approximately $176 billion, with more than $45 billion expected to be recognized over the next year. GE Vernova: I Can't Stop Buying This AI Power Stock
• Positive Sentiment: Additional nuclear opportunity: GE Vernova Hitachi Nuclear Energy and Blue Energy agreed to advance engineering, licensing and safety work for a proposed 2.5-gigawatt gas-and-nuclear facility in Texas, adding to the company’s long-term project pipeline. GE Vernova and Blue Energy Move Forward With 2.5 GW Texas Gas-Nuclear Power Project
• Neutral Sentiment: Analyst support: Erste Group reportedly expects stronger earnings for GE Vernova, reinforcing the bullish outlook, although the available report provides limited detail on the forecast or its assumptions. Erste Group Bank Predicts Stronger Earnings for GE Vernova
• Negative Sentiment: Valuation risk: After a roughly 64% one-year gain, a discounted-cash-flow analysis suggests the shares may be about 14% above intrinsic value. The premium valuation leaves less room for execution missteps, while recent commentary flags profit-related blemishes despite strong results and raised guidance. GE Vernova Stock Could Be 14% Overvalued As Backlog Hits Record High

GE Vernova Stock Up 0.0%

Shares of NYSE GEV opened at $1,063.52 on Monday. The firm's fifty day moving average is $1,034.05 and its 200 day moving average is $959.81. GE Vernova Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. The company has a market cap of $283.25 billion, a price-to-earnings ratio of 30.44, a PEG ratio of 3.79 and a beta of 1.21.

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

GE Vernova Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. GE Vernova's dividend payout ratio (DPR) is presently 5.72%.

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.

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