Integrity Alliance LLC. Boosts Stock Position in GE Vernova Inc. $GEV

Key Points

• Integrity Alliance LLC. increased its GE Vernova stake by 236.8% in the fourth quarter, ending with 1,775 shares valued at about $1.16 million.
• GE Vernova continues to attract broad institutional buying, with firms like Vanguard, J.W. Cole Advisors, and US Bancorp DE also raising their positions in the stock.
• Analysts remain generally upbeat: several firms lifted price targets, the stock has a Moderate Buy consensus rating, and the company recently posted earnings that beat expectations with strong revenue growth.

Integrity Alliance LLC. grew its stake in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 236.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,775 shares of the company's stock after acquiring an additional 1,248 shares during the period. Integrity Alliance LLC.'s holdings in GE Vernova were worth $1,160,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GEV. J.W. Cole Advisors Inc. increased its holdings in shares of GE Vernova by 25.3% in the third quarter. J.W. Cole Advisors Inc. now owns 16,247 shares of the company's stock worth $9,990,000 after buying an additional 3,278 shares during the period. US Bancorp DE boosted its holdings in shares of GE Vernova by 2.2% during the third quarter. US Bancorp DE now owns 100,542 shares of the company's stock worth $61,824,000 after purchasing an additional 2,163 shares during the period. Vanguard Group Inc. lifted its holdings in GE Vernova by 0.6% in the third quarter. Vanguard Group Inc. now owns 24,815,463 shares of the company's stock worth $15,259,028,000 after buying an additional 150,892 shares during the period. Varenne Capital Partners purchased a new stake in GE Vernova in the third quarter worth about $4,872,000. Finally, Stevens Capital Management LP lifted its position in GE Vernova by 56.0% during the 3rd quarter. Stevens Capital Management LP now owns 3,640 shares of the company's stock valued at $2,238,000 after acquiring an additional 1,307 shares during the period.

Trending Headlines about GE Vernova

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

• Positive Sentiment: UBS identified GE Vernova as one of its highest-conviction industrial picks, signaling strong analyst confidence in the company’s outlook and supporting investor sentiment. GE Vernova, Boeing lead UBS’s highest-conviction industrial calls
• Positive Sentiment: Another market report said analysts view GE Vernova (GEV) as one of the best industrial buy ideas, which can help sustain demand for the shares even after recent volatility. Analysts Name Best Picks In Industrials. One Is Topping A Buy Point Today.
• Positive Sentiment: Coverage focused on GE Vernova’s strong cash generation and analyst optimism, suggesting the market continues to view the company as a quality industrial with solid fundamentals. Is GE Vernova (GEV) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: An article highlighted GE Vernova’s presentation at Bernstein’s strategic decisions conference, but it did not include a major new catalyst for the stock. GE Vernova Inc. (GEV) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Negative Sentiment: Some commentary raised concerns that GE Vernova’s AI/data-center upside may be more limited than bulls expect, pointing to physical constraints and project delays that could temper enthusiasm. GE Vernova: Physical Limitations Put A Harsh Ceiling On The AI Upside
• Negative Sentiment: Another piece questioned whether a turbine milestone will translate into stronger cash flow and dividend potential, which may weigh on valuation if investors focus on capital returns. GE Vernova Turbine Milestone Raises Questions On Cash Flows And Dividends

Insider Buying and Selling

In other GE Vernova news, CAO Matthew Joseph Potvin sold 2,333 shares of the company's stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total value of $2,470,856.97. Following the transaction, the chief accounting officer directly owned 3,549 shares in the company, valued at $3,758,710.41. This represents a 39.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.21% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on GEV. Susquehanna set a $1,300.00 target price on shares of GE Vernova in a report on Thursday, April 23rd. Mizuho set a $714.00 price target on shares of GE Vernova in a research report on Tuesday, February 3rd. Citigroup lifted their target price on shares of GE Vernova from $779.00 to $1,110.00 and gave the stock a "neutral" rating in a research report on Monday, April 13th. Wall Street Zen upgraded shares of GE Vernova from a "hold" rating to a "buy" rating in a research note on Saturday, January 31st. Finally, Robert W. Baird lifted their price target on shares of GE Vernova from $1,008.00 to $1,400.00 and gave the stock an "outperform" rating in a research note on Thursday, April 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, GE Vernova presently has a consensus rating of "Moderate Buy" and an average price target of $1,090.76.

GE Vernova Stock Performance

GE Vernova stock opened at $996.00 on Friday. The company has a market cap of $267.65 billion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 3.86 and a beta of 1.51. GE Vernova Inc. has a twelve month low of $458.65 and a twelve month high of $1,181.95. The company's 50-day moving average price is $994.75 and its 200-day moving average price is $805.17. 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 issued its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, beating the consensus estimate of $1.95 by $15.49. The company had revenue of $9.34 billion for the quarter, compared to the consensus estimate of $9.19 billion. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The firm's revenue was up 17.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.91 EPS. On average, equities research analysts forecast that GE Vernova Inc. will post 14.84 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date is Tuesday, June 16th. GE Vernova's dividend payout ratio is presently 5.83%.

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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