HBW Advisory Services LLC Raises Stake in GE Vernova Inc. $GEV

Key Points

• HBW Advisory Services LLC boosted its stake in GE Vernova by 55.6% in Q4, adding 1,535 shares to own 4,296 shares worth about $2.81 million.
• GE Vernova reported a blowout quarter with EPS $13.39 vs. $2.99 expected and revenue of $10.96B, and announced a quarterly dividend of $0.50 ($2.00 annualized, yield ~0.2%, ex-div March 17).
• Analysts are largely bullish (average target ~$874.91), but the stock trades near its 52-week high (~$999) with a high P/E (55.7) and faces material risks including the Vineyard Wind lawsuit and rising short interest.

HBW Advisory Services LLC boosted its position in GE Vernova Inc. (NYSE:GEV - Free Report) by 55.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,296 shares of the company's stock after buying an additional 1,535 shares during the quarter. HBW Advisory Services LLC's holdings in GE Vernova were worth $2,808,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of GEV. Brighton Jones LLC boosted its stake in GE Vernova by 29.4% in the fourth quarter. Brighton Jones LLC now owns 3,315 shares of the company's stock worth $1,091,000 after buying an additional 753 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in GE Vernova by 1.7% in the second quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company's stock valued at $828,000 after purchasing an additional 26 shares during the last quarter. Jump Financial LLC bought a new stake in GE Vernova in the second quarter valued at $258,000. Ossiam bought a new stake in GE Vernova in the second quarter valued at $42,000. Finally, Nebula Research & Development LLC boosted its holdings in GE Vernova by 23.9% in the second quarter. Nebula Research & Development LLC now owns 1,674 shares of the company's stock valued at $886,000 after acquiring an additional 323 shares in the last quarter.

GE Vernova Stock Performance

Shares of NYSE:GEV opened at $991.80 on Monday. The stock has a market capitalization of $266.66 billion, a price-to-earnings ratio of 55.72, a PEG ratio of 3.90 and a beta of 1.43. The stock's 50-day simple moving average is $847.25 and its two-hundred day simple moving average is $702.58. GE Vernova Inc. has a 52-week low of $306.00 and a 52-week high of $999.43.

GE Vernova (NYSE:GEV - Get Free Report) last announced its earnings results on Wednesday, January 28th. The company reported $13.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $10.40. The business had revenue of $10.96 billion for the quarter, compared to analysts' expectations of $10.21 billion. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The business's revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the firm posted $1.73 earnings per share. As a group, equities analysts forecast that GE Vernova Inc. will post 6.59 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, March 17th. GE Vernova's dividend payout ratio (DPR) is presently 11.24%.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Multiple analysts raised ratings/targets and estimates (Susquehanna, Barclays, Goldman Sachs, Erste), driving bullish investor sentiment and supporting higher price targets. GE Vernova (GEV) Stock Is Up, What You Need To Know
• Positive Sentiment: Strategic Europe expansion: signed an MoU with Hungary’s MVM to explore cooperation on generation and grid projects, reinforcing European growth optionality. GE Vernova’s Hungary MoU Adds To Europe Growth And Valuation Debate
• Positive Sentiment: Nuclear services foothold in Europe: Hitachi/GE Vernova signed a main services agreement with AFRY to advance deployment of the BWRX-300 SMR in Europe, expanding addressable markets for high-margin services. GE Vernova Extends Nuclear Ambitions In Europe With New SMR Services Deal
• Neutral Sentiment: Positive sector narrative and media coverage highlight accelerating demand (data center power, grid modernization), but several pieces also note a premium valuation that could temper near-term upside. GE Vernova Is In the Right Place at the Right Time
• Negative Sentiment: Lawsuit from Vineyard Wind seeking to block GE Vernova unit from abandoning work on a $4.5B offshore-wind farm — introduces legal, schedule and potential penalty risk at a high-profile project. Vineyard Wind sues GE Vernova to block it from abandoning work on wind farm
• Negative Sentiment: Short interest jumped ~22.8% in March to ~7.29M shares (≈2.7% of shares short), increasing days-to-cover to ~2.5 — a rise in bearish positioning that can amplify downside on negative news or sell-offs.

Wall Street Analyst Weigh In

Several analysts recently weighed in on GEV shares. UBS Group reiterated a "buy" rating on shares of GE Vernova in a report on Thursday, January 29th. Guggenheim upgraded shares of GE Vernova from a "neutral" rating to a "buy" rating and set a $910.00 price target on the stock in a report on Friday, January 30th. Morgan Stanley lifted their price target on shares of GE Vernova from $817.00 to $960.00 and gave the company an "overweight" rating in a report on Monday, March 23rd. Zacks Research upgraded GE Vernova from a "hold" rating to a "strong-buy" rating in a report on Monday, March 30th. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a $930.00 price objective on shares of GE Vernova in a report on Thursday, January 29th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $874.91.

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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