Meyer Handelman Co. Sells 2,011 Shares of GE Vernova Inc. $GEV

Key Points

• Meyer Handelman Co. reduced its stake in GE Vernova by 5.2% in Q4, selling 2,011 shares and now holds 36,726 shares valued at $24,003,000.
• GE Vernova reported a blowout quarter — EPS $13.39 vs. $2.99 expected and revenue $10.96B — the stock jumped about 6.7% and trades near $872 with a market cap of $235.15B; the company also announced a $0.50 quarterly dividend (yield ~0.2%).
• Analysts remain broadly bullish, with a consensus Buy rating and an average price target of $857.35, and several firms raising targets or upgrading their ratings (e.g., Guggenheim to Buy, $910 target).

Meyer Handelman Co. decreased its stake in GE Vernova Inc. (NYSE:GEV - Free Report) by 5.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,726 shares of the company's stock after selling 2,011 shares during the quarter. Meyer Handelman Co.'s holdings in GE Vernova were worth $24,003,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC increased its stake in GE Vernova by 300.0% in the third quarter. Synergy Asset Management LLC now owns 1,884 shares of the company's stock valued at $1,078,000 after purchasing an additional 1,413 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in shares of GE Vernova by 25.3% during the third quarter. J.W. Cole Advisors Inc. now owns 16,247 shares of the company's stock worth $9,990,000 after purchasing an additional 3,278 shares in the last quarter. Kercheville Advisors LLC grew its holdings in shares of GE Vernova by 238.3% in the 3rd quarter. Kercheville Advisors LLC now owns 4,905 shares of the company's stock valued at $3,016,000 after buying an additional 3,455 shares during the period. Rakuten Investment Management Inc. acquired a new position in shares of GE Vernova in the 3rd quarter valued at $18,601,000. Finally, US Bancorp DE increased its position in shares of GE Vernova by 2.2% in the 3rd quarter. US Bancorp DE now owns 100,542 shares of the company's stock valued at $61,824,000 after buying an additional 2,163 shares in the last quarter.

GE Vernova Trading Up 6.7%

GEV stock opened at $872.45 on Wednesday. The stock has a 50-day moving average price of $809.38 and a two-hundred day moving average price of $685.74. GE Vernova Inc. has a 1 year low of $252.25 and a 1 year high of $948.38. The stock has a market cap of $235.15 billion, a PE ratio of 49.01, a price-to-earnings-growth ratio of 3.20 and a beta of 1.45.

GE Vernova (NYSE:GEV - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, beating analysts' consensus estimates of $2.99 by $10.40. The company had revenue of $10.96 billion for the quarter, compared to analyst estimates of $10.21 billion. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The company's quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.73 earnings per share. On average, analysts forecast that GE Vernova Inc. will post 6.59 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

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 paid a $0.50 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova's payout ratio is presently 11.24%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Mizuho set a $714.00 target price on GE Vernova in a report on Tuesday, February 3rd. Guggenheim upgraded GE Vernova from a "neutral" rating to a "buy" rating and set a $910.00 price target for the company in a report on Friday, January 30th. BMO Capital Markets reaffirmed an "outperform" rating and set a $785.00 price target on shares of GE Vernova in a research report on Thursday, January 29th. Barclays reiterated an "overweight" rating and set a $849.00 price objective on shares of GE Vernova in a report on Monday, February 2nd. Finally, Royal Bank Of Canada increased their target price on GE Vernova from $761.00 to $800.00 and gave the stock an "outperform" rating in a research note on Friday, January 30th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $857.35.

GE Vernova News Summary

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

• Positive Sentiment: Zacks/market screens added GEV to top momentum and Zacks Rank #1 (Strong Buy) lists today, increasing visibility to momentum traders and quant/retail models that follow Zacks signals. Best Momentum Stocks to Buy for March 31st
• Positive Sentiment: Evercore reiterated an Outperform rating and raised its price target (prior raise to $940 was noted), signaling strong industry checks and buy-side interest in the spin‑off's outlook. Analyst endorsements like this often drive incremental demand. GE Vernova (GEV) Rated Outperform by Evercore on Strong Outlook
• Positive Sentiment: Wells Fargo raised its price target to $896 and kept an Overweight rating, adding another near‑term catalyst and supporting the stock’s higher trading level. Benzinga: Wells Fargo raises PT
• Neutral Sentiment: Recent valuation/price‑action pieces highlight short‑term weakness (1‑ and 7‑day declines) but strong longer‑term momentum (90‑day and 1‑year returns). That frames current moves as a corrective pullback inside a larger uptrend rather than a fundamental reversal. GE Vernova (GEV) Valuation Check After Recent Share Price Weakness
• Neutral Sentiment: Sector/earnings coverage (quarterly preview and Q4 highlights) keeps focus on GE Vernova’s recent strong quarter and revenue/earnings momentum—important context but not an immediate new catalyst. GE Vernova's quarterly earnings preview
• Neutral Sentiment: Macro/industry stories (e.g., AI-driven grid demand and new grid-tech funding) underscore secular tailwinds for power/infrastructure — helpful background but indirect for GEV near term. ThinkLabs AI closes $28M Series A

GE Vernova Company 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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