Savant Capital LLC Reduces Stock Holdings in GE Vernova Inc. $GEV

Key Points

• Savant Capital LLC cut its GE Vernova stake by 67.9% in the fourth quarter, selling 13,461 shares and leaving it with 6,375 shares valued at about $4.17 million.
• Wall Street remains broadly upbeat on GE Vernova, with analysts citing multiple buy/strong-buy ratings and a consensus target price of about $1,090.76.
• The company posted much stronger-than-expected quarterly results, including EPS of $17.44 versus estimates of $1.95 and revenue of $9.34 billion, while also announcing a $0.50 quarterly dividend.

Savant Capital LLC lowered its position in GE Vernova Inc. (NYSE:GEV - Free Report) by 67.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,375 shares of the company's stock after selling 13,461 shares during the quarter. Savant Capital LLC's holdings in GE Vernova were worth $4,167,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Moors & Cabot Inc. grew its holdings in shares of GE Vernova by 28.5% in the fourth quarter. Moors & Cabot Inc. now owns 6,124 shares of the company's stock valued at $4,003,000 after purchasing an additional 1,360 shares during the period. Intech Investment Management LLC grew its holdings in shares of GE Vernova by 202.9% in the fourth quarter. Intech Investment Management LLC now owns 79,757 shares of the company's stock valued at $52,127,000 after purchasing an additional 53,426 shares during the period. Foundations Investment Advisors LLC lifted its position in GE Vernova by 32.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 4,289 shares of the company's stock valued at $2,803,000 after buying an additional 1,060 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new position in GE Vernova in the fourth quarter valued at about $134,000. Finally, Thoroughbred Financial Services LLC lifted its position in GE Vernova by 7.5% in the fourth quarter. Thoroughbred Financial Services LLC now owns 471 shares of the company's stock valued at $307,000 after buying an additional 33 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Erste Group Bank raised shares of GE Vernova to a "strong-buy" rating in a research report on Tuesday, March 24th. Susquehanna set a $1,300.00 target price on shares of GE Vernova in a research report on Thursday, April 23rd. BMO Capital Markets upped their target price on shares of GE Vernova from $1,110.00 to $1,250.00 and gave the company an "outperform" rating in a research report on Thursday, April 23rd. Rothschild & Co Redburn raised shares of GE Vernova from a "sell" rating to a "buy" rating and upped their target price for the company from $560.00 to $1,100.00 in a research report on Monday, March 9th. Finally, Robert W. Baird upped their target price on shares of GE Vernova from $1,008.00 to $1,400.00 and gave the company an "outperform" rating in a research 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 issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $1,090.76.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: UBS named GE Vernova one of its highest-conviction industrial picks, and other market commentary highlighted the stock as one of Wall Street’s preferred buy ideas. GE Vernova, Boeing lead UBS’s highest-conviction industrial calls
• Positive Sentiment: Multiple articles pointed to GE Vernova as a beneficiary of surging electricity demand from AI data centers, reinforcing the company’s growth narrative tied to power generation and grid infrastructure. GE Vernova vs. Constellation Energy: Which AI Power Stock Wins?
• Positive Sentiment: Analyst coverage remains optimistic, with reports noting that Wall Street’s average brokerage recommendation still leans bullish on GEV. Is GE Vernova (GEV) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: One recent article framed GE Vernova as a cash-generating company, but did not provide a clear new catalyst for the stock. 2 Cash-Producing Stocks Worth Your Attention and 1 We Avoid
• Negative Sentiment: GE Vernova shares fell in the latest session, even as the broader market rose, suggesting some profit-taking or investor hesitation after the stock’s strong run. GE Vernova (GEV) Stock Sinks As Market Gains: What You Should Know
• Negative Sentiment: A bearish Seeking Alpha piece argued that physical constraints in power infrastructure could limit how much of the AI buildout GE Vernova can actually capture. GE Vernova: Physical Limitations Put A Harsh Ceiling On The AI Upside

GE Vernova Stock Down 2.7%

Shares of GEV opened at $968.81 on Friday. The stock has a market capitalization of $260.34 billion, a PE ratio of 28.22, a P/E/G ratio of 3.63 and a beta of 1.51. GE Vernova Inc. has a 1 year low of $458.65 and a 1 year high of $1,181.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 0.89. The company's 50-day simple moving average is $996.99 and its 200-day simple moving average is $806.32.

GE Vernova (NYSE:GEV - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $15.49. The business had revenue of $9.34 billion for the quarter, compared to analysts' expectations of $9.19 billion. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The business's quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.91 earnings per share. Analysts forecast that GE Vernova Inc. will post 14.84 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 16th will be given a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova's dividend payout ratio is currently 5.83%.

Insider Buying and Selling at GE Vernova

In other news, CAO Matthew Joseph Potvin sold 2,333 shares of GE Vernova stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total transaction of $2,470,856.97. Following the completion of the sale, the chief accounting officer directly owned 3,549 shares of the company's stock, valued at approximately $3,758,710.41. The trade was a 39.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.21% of the company's stock.

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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