GE Vernova (NYSE:GEV) Shares Unloaded Rep. Austin Scott

Key Points

• Representative Austin Scott sold between $1,001 and $15,000 worth of shares in GE Vernova (NYSE:GEV) on May 23rd, as disclosed in a filing.
• GE Vernova's stock recently traded at $605.93, with a market cap of $164.95 billion, showing strong performance amidst institutional investments.
• The company reported an EPS of $1.86 for the last quarter, beating estimates, and announced a quarterly dividend of $0.25 per share.

Representative Austin Scott (R-Georgia) recently sold shares of GE Vernova Inc. NYSE: GEV. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in GE Vernova stock on May 23rd. The trade occurred in the Representative's "VIVIEN G SCOTT IRA" account.

Representative Austin Scott also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of GE Vernova NYSE: GEV on 6/16/2025.
• Sold $1,001 - $15,000 in shares of GE Aerospace NYSE: GE on 6/16/2025.
• Sold $1,001 - $15,000 in shares of GE Aerospace NYSE: GE on 5/23/2025.

GE Vernova Price Performance

NYSE GEV traded up $1.3380 on Thursday, reaching $605.9280. The company had a trading volume of 2,564,701 shares, compared to its average volume of 2,682,881. The firm has a market cap of $164.95 billion, a price-to-earnings ratio of 146.01, a P/E/G ratio of 4.18 and a beta of 1.90. The business has a 50 day moving average of $574.01 and a two-hundred day moving average of $439.65. GE Vernova Inc. has a fifty-two week low of $173.07 and a fifty-two week high of $677.29.

GE Vernova (NYSE:GEV - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.63 by $0.23. The company had revenue of $9.11 billion for the quarter, compared to analyst estimates of $8.78 billion. GE Vernova had a return on equity of 13.23% and a net margin of 3.16%.The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.65 EPS. GE Vernova has set its FY 2025 guidance at EPS. As a group, research analysts predict that GE Vernova Inc. will post 6.59 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 18th. Investors of record on Monday, July 21st were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Monday, July 21st. GE Vernova's dividend payout ratio is presently 24.10%.

Institutional Investors Weigh In On GE Vernova

A number of hedge funds have recently made changes to their positions in the company. Clarion Wealth Managment Partners LLC purchased a new stake in shares of GE Vernova in the second quarter worth about $399,000. B. Riley Wealth Advisors Inc. purchased a new stake in GE Vernova in the 2nd quarter worth about $1,497,000. Marex Group plc purchased a new stake in GE Vernova in the 2nd quarter worth about $652,000. Advisory Services Network LLC raised its position in GE Vernova by 23.5% in the 2nd quarter. Advisory Services Network LLC now owns 30,579 shares of the company's stock worth $16,181,000 after purchasing an additional 5,813 shares during the period. Finally, Cim LLC purchased a new position in shares of GE Vernova during the second quarter worth approximately $214,000.

Analyst Upgrades and Downgrades

Several analysts have recently commented on GEV shares. Jefferies Financial Group downgraded GE Vernova from a "buy" rating to a "hold" rating and raised their target price for the company from $427.00 to $517.00 in a research note on Thursday, May 29th. UBS Group initiated coverage on shares of GE Vernova in a report on Monday, July 7th. They set a "buy" rating and a $614.00 target price on the stock. Susquehanna upped their price target on shares of GE Vernova from $662.00 to $736.00 and gave the stock a "positive" rating in a report on Thursday, July 24th. Wolfe Research cut GE Vernova from an "outperform" rating to a "peer perform" rating in a research note on Friday, June 13th. Finally, JPMorgan Chase & Co. raised their price objective on GE Vernova from $620.00 to $715.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Four investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $560.21.

About Representative Scott

Austin Scott (Republican Party) is a member of the U.S. House, representing Georgia's 8th Congressional District. He assumed office on January 3, 2011. His current term ends on January 3, 2027. Scott (Republican Party) is running for re-election to the U.S. House to represent Georgia's 8th Congressional District. He declared candidacy for the 2026 election. Scott's professional experience includes working as an Agent and Owner with The Southern Group, Limited Liability Company, Senior Agent with The Principal Financial Group from 1993 to 1998 and an Agent with the Life of the South Agency from 1992 to 1993. He is a member of the American Red Cross - Coastal Plains Chapter Board, National Association of Insurance Financial Advisers, First Baptist Church of Tifton and the American Legislative Exchange Council. Scott graduated from the University of Georgia with a B.B.A. in risk management and insurance.

About GE Vernova

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

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