Representative Val T. Hoyle (D-Oregon) recently sold shares of GE Vernova Inc. NYSE: GEV. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in GE Vernova stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.
Representative Val T. Hoyle also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
- Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
- Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
- Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
- Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
- Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
- Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
- Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
- Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
- Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.
GE Vernova Stock Down 4.4%
GEV stock opened at $606.30 on Friday. The business's 50-day moving average price is $619.64 and its 200-day moving average price is $508.47. The stock has a market cap of $165.05 billion, a P/E ratio of 146.10, a PEG ratio of 4.61 and a beta of 1.72. GE Vernova Inc. has a twelve month low of $252.25 and a twelve month 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, topping analysts' consensus estimates of $1.63 by $0.23. GE Vernova had a return on equity of 13.23% and a net margin of 3.16%.The firm had revenue of $9.11 billion during the quarter, compared to analysts' expectations of $8.78 billion. During the same quarter in the previous year, the business earned $4.65 EPS. The company's quarterly revenue was up 11.1% on a year-over-year basis. GE Vernova has set its FY 2025 guidance at EPS. On average, equities research analysts expect 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 will be paid on Monday, November 17th. Stockholders of record on Monday, October 20th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, October 20th. GE Vernova's payout ratio is presently 24.10%.
Institutional Trading of GE Vernova
A number of institutional investors have recently bought and sold shares of the business. EQ Wealth Advisors LLC purchased a new stake in shares of GE Vernova in the 1st quarter valued at about $27,000. IMA Advisory Services Inc. acquired a new stake in GE Vernova during the 1st quarter valued at $27,000. WFA Asset Management Corp acquired a new stake in GE Vernova during the 2nd quarter valued at $29,000. Mowery & Schoenfeld Wealth Management LLC lifted its stake in shares of GE Vernova by 115.2% during the 1st quarter. Mowery & Schoenfeld Wealth Management LLC now owns 99 shares of the company's stock worth $30,000 after purchasing an additional 53 shares during the period. Finally, 1248 Management LLC purchased a new position in shares of GE Vernova during the 1st quarter worth $31,000.
Analysts Set New Price Targets
A number of brokerages have issued reports on GEV. Glj Research initiated coverage on GE Vernova in a report on Monday, June 23rd. They issued a "buy" rating for the company. Susquehanna raised their target price on GE Vernova from $662.00 to $736.00 and gave the company a "positive" rating in a research report on Thursday, July 24th. UBS Group initiated coverage on GE Vernova in a research report on Monday, July 7th. They issued a "buy" rating and a $614.00 target price on the stock. Wolfe Research downgraded GE Vernova from an "outperform" rating to a "peer perform" rating in a research report on Friday, June 13th. Finally, Jefferies Financial Group raised their target price on GE Vernova from $658.00 to $668.00 and gave the stock a "hold" rating in a research note on Friday, September 12th. Four equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $598.50.
Read Our Latest Stock Report on GE Vernova
Insider Buying and Selling at GE Vernova
In related news, CFO Kenneth Scott Parks sold 3,300 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $620.00, for a total value of $2,046,000.00. Following the transaction, the chief financial officer directly owned 7,590 shares of the company's stock, valued at approximately $4,705,800. This trade represents a 30.30% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.15% of the company's stock.
About Representative Hoyle
Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election.
Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.
About GE Vernova
(
Get Free Report)
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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