Principal Financial Group Inc. Decreases Stake in GE Vernova Inc. $GEV

Key Points

• Principal Financial Group reduced its Q4 stake in GE Vernova by 7.8%, selling 31,600 shares to hold 375,061 shares (0.14% of the company) valued at $245,129,000.
• GE Vernova reported a huge Q1 beat with EPS of $17.44 versus a $1.95 estimate and revenue of $9.34 billion (up 17% year‑over‑year), showing strong margins and return on equity.
• Shares trade near $1,095.87 amid multiple analyst upgrades and a consensus "Moderate Buy" with an average target of $1,090.76, supported by AI‑related demand and buybacks, though risks include labor constraints and a Vineyard Wind dispute; the company pays a $0.50 quarterly dividend (0.2% yield).

Principal Financial Group Inc. reduced its position in GE Vernova Inc. (NYSE:GEV - Free Report) by 7.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 375,061 shares of the company's stock after selling 31,600 shares during the period. Principal Financial Group Inc. owned 0.14% of GE Vernova worth $245,129,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in GE Vernova by 29.4% during the fourth quarter. Brighton Jones LLC now owns 3,315 shares of the company's stock worth $1,091,000 after purchasing an additional 753 shares during the period. Schnieders Capital Management LLC. raised its position in shares of 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 period. Jump Financial LLC purchased a new stake in shares of GE Vernova during the 2nd quarter valued at approximately $258,000. Ossiam bought a new position in GE Vernova in the 2nd quarter worth approximately $42,000. Finally, Nebula Research & Development LLC boosted its holdings in GE Vernova by 23.9% in the 2nd quarter. Nebula Research & Development LLC now owns 1,674 shares of the company's stock worth $886,000 after buying an additional 323 shares during the period.

GE Vernova Stock Up 2.0%

Shares of NYSE:GEV opened at $1,095.87 on Wednesday. The firm has a fifty day moving average price of $924.72 and a two-hundred day moving average price of $748.97. The company has a market cap of $294.48 billion, a price-to-earnings ratio of 31.92, a PEG ratio of 4.02 and a beta of 1.51. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.89 and a quick ratio of 0.65. GE Vernova Inc. has a one year low of $387.03 and a one year high of $1,181.95.

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, topping the consensus estimate of $1.95 by $15.49. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The firm had revenue of $9.34 billion for the quarter, compared to analysts' expectations of $9.19 billion. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The business's quarterly revenue was up 17.0% on a year-over-year basis. Analysts anticipate that GE Vernova Inc. will post 14.84 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Tuesday, March 17th. GE Vernova's dividend payout ratio is currently 5.83%.

Analyst Ratings Changes

A number of brokerages have issued reports on GEV. Glj Research boosted their target price on shares of GE Vernova from $758.00 to $1,087.00 and gave the company a "buy" rating in a report on Monday, January 12th. Rothschild & Co Redburn raised GE Vernova from a "sell" rating to a "buy" rating and raised their price target for the stock from $560.00 to $1,100.00 in a report on Monday, March 9th. Argus set a $1,300.00 price target on GE Vernova in a research report on Monday, April 27th. Erste Group Bank upgraded GE Vernova to a "strong-buy" rating in a research note on Tuesday, March 24th. Finally, Royal Bank Of Canada increased their price objective on GE Vernova from $996.00 to $1,195.00 and gave the stock an "outperform" rating in a report on Thursday, April 23rd. Two equities research 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's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $1,090.76.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: Q1 results showed a big EPS beat, rising revenue and sizable AI‑linked orders plus an aggressive buyback program — supports higher earnings per share and cash‑flow expectations. Should GE Vernova’s Record AI‑Linked Orders and Buybacks Prompt Action From GEV Investors?
• Positive Sentiment: Blue Energy and GE Vernova announced a paired 2.5 GW gas‑plus‑nuclear project aimed at meeting near‑term AI power demand — a strategic, high‑visibility partnership that expands GEV’s addressable market in U.S. baseload and hybrid plants. Blue Energy and GE Vernova Accelerate Gas‑Plus‑Nuclear Approach for Powering American Communities and Fueling Global AI Leadership
• Positive Sentiment: Multiple industry pieces argue the “real AI trade” is power equipment (substations, transformers, turbines), reinforcing durable demand tailwinds for GE Vernova’s product and service backlog. Industrial‑Strength Rally: Why Caterpillar Is Up 53% and GE Vernova Is Up 65% in 2026
• Positive Sentiment: GE Vernova won a pumped‑storage hydro order in India (nine 150 MW units), signaling international equipment and services demand beyond U.S. data‑center work. GE Vernova to deliver pumped storage technology for Indian hydropower plant
• Neutral Sentiment: Analyst and investor writeups are adding GEV to “AI‑power” and energy‑transition buy lists, increasing investor attention but not guaranteeing further operational upside. 3 Energy Stocks to Buy and 2 to Avoid as AI Power Demand Explodes
• Negative Sentiment: Labor and contractor constraints — notably a shortage of qualified electricians and specialized contractors — are being flagged as potential bottlenecks that could slow project delivery and erode near‑term revenue recognition. How a Shortage of Electricians Could Derail the AI Boom
• Negative Sentiment: GE Vernova is involved in a dispute over Vineyard Wind claims — a legal/contractual fight that creates project execution and reputational risk on that offshore wind engagement. GE Vernova challenges Vineyard Wind’s claims of harm if it leaves project

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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