DSG Capital Advisors LLC lifted its stake in shares of GE Vernova Inc. (NYSE:GEV – Free Report) by 54.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,518 shares of the company’s stock after acquiring an additional 1,595 shares during the quarter. DSG Capital Advisors LLC’s holdings in GE Vernova were worth $3,944,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of GEV. Torren Management LLC purchased a new stake in shares of GE Vernova during the fourth quarter valued at $26,000. Cornerstone Financial Management LLC purchased a new position in GE Vernova in the 4th quarter worth about $25,000. Wealth Watch Advisors INC purchased a new position in GE Vernova in the 3rd quarter worth about $25,000. ORG Wealth Partners LLC raised its holdings in GE Vernova by 241.7% during the 4th quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock worth $27,000 after buying an additional 29 shares during the period. Finally, Navalign LLC acquired a new stake in GE Vernova during the 4th quarter worth about $27,000.
GE Vernova Stock Down 1.8%
Shares of GE Vernova stock opened at $1,113.43 on Friday. The stock has a 50-day moving average price of $1,042.29 and a 200 day moving average price of $878.33. The company has a market cap of $299.20 billion, a P/E ratio of 32.43, a P/E/G ratio of 3.76 and a beta of 1.09. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. GE Vernova Inc. has a 1 year low of $506.02 and a 1 year high of $1,181.95.
GE Vernova Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova’s payout ratio is presently 5.83%.
Insider Activity at GE Vernova
In other GE Vernova news, CAO Matthew Joseph Potvin sold 2,333 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total value of $2,470,856.97. Following the transaction, the chief accounting officer owned 3,549 shares in the company, valued at approximately $3,758,710.41. This represents a 39.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Victor Abate sold 4,819 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the completion of the sale, the chief executive officer owned 1,835 shares of the company’s stock, valued at approximately $1,739,726.80. The trade was a 72.42% decrease in their position. The SEC filing for this sale provides additional information. 0.21% of the stock is currently owned by corporate insiders.
Trending Headlines about GE Vernova
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: GE Vernova’s inclusion in the Russell Top 50 and stronger orders tied to AI data centers are boosting investor enthusiasm, as these trends point to growing demand for its gas turbines, grid, and electrification equipment. Why GE Vernova (GEV) Is Up 7.3% After Russell Top 50 Nod And AI Power Orders
- Positive Sentiment: Analysts remain constructive on GE Vernova, with Bernstein reiterating a Buy rating and Erste Group raising FY2027 EPS estimates, reinforcing confidence in the company’s earnings outlook. Bernstein Sticks to Their Buy Rating for GE Vernova Inc. (GEV)
- Positive Sentiment: Multiple previews say GE Vernova has the ingredients to beat estimates again in its next earnings report, supported by a strong surprise history and favorable business momentum. Will GE Vernova (GEV) Beat Estimates Again in Its Next Earnings Report?
- Positive Sentiment: The company’s expanded installed base of gas turbines should drive higher-margin services revenue over time, adding support to the long-term investment case. Here’s Why GE Vernova Stock Soared Last Month
- Neutral Sentiment: Several articles note that GE Vernova is attracting heavy investor attention and trading at a premium valuation after a strong year-to-date run, which suggests expectations are elevated ahead of earnings. GE Vernova Trades at a Premium Valuation: Buy, Hold or Sell the Stock?
- Negative Sentiment: One recent note highlighted that the stock had dipped more than the broader market in the prior session, showing that some profit-taking and volatility can still pressure shares despite the bullish longer-term narrative. GE Vernova (GEV) Dips More Than Broader Market: What You Should Know
Wall Street Analyst Weigh In
A number of research firms have commented on GEV. Robert W. Baird upped their price objective on shares of GE Vernova from $1,008.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Weiss Ratings raised shares of GE Vernova from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, April 24th. BNP Paribas Exane lowered shares of GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 price target on the stock. in a report on Monday, April 27th. Erste Group Bank upgraded shares of GE Vernova to a “strong-buy” rating in a research report on Tuesday, March 24th. Finally, Jefferies Financial Group decreased their price objective on shares of GE Vernova from $1,350.00 to $1,210.00 and set a “buy” rating for the company in a research note on Thursday, June 11th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, GE Vernova presently has an average rating of “Moderate Buy” and a consensus target price of $1,089.88.
View Our Latest Stock Analysis on GE Vernova
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.
See Also
- Five stocks we like better than GE Vernova
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Want to see what other hedge funds are holding GEV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE Vernova Inc. (NYSE:GEV – Free Report).
Receive News & Ratings for GE Vernova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE Vernova and related companies with MarketBeat.com's FREE daily email newsletter.
