WINTON GROUP Ltd Sells 29,233 Shares of GE Vernova Inc. $GEV

WINTON GROUP Ltd decreased its position in GE Vernova Inc. (NYSE:GEV) by 69.2% during the second quarter, HoldingsChannel.com reports. The firm owned 13,020 shares of the company’s stock after selling 29,233 shares during the quarter. WINTON GROUP Ltd’s holdings in GE Vernova were worth $15,297,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Cornerstone Financial Management LLC bought a new position in shares of GE Vernova in the fourth quarter worth approximately $25,000. Wealth Watch Advisors INC purchased a new position in GE Vernova in the 3rd quarter worth approximately $25,000. Manning & Napier Advisors LLC lifted its position in GE Vernova by 68.4% in the 1st quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock valued at $26,000 after acquiring an additional 13 shares in the last quarter. Navalign LLC bought a new position in GE Vernova in the 4th quarter valued at approximately $27,000. Finally, Commonwealth Retirement Investments LLC purchased a new stake in GE Vernova during the 4th quarter valued at $30,000.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Analysts maintain a consensus rating of “Moderate Buy” on GE Vernova, indicating that Wall Street generally remains constructive on the company’s long-term earnings and power-generation outlook. GE Vernova Inc. Given Consensus Rating of Moderate Buy by Analysts
• Positive Sentiment: GE Vernova continues to benefit from investor interest in rising electricity demand from artificial-intelligence data centers. Its established industrial business is viewed as a less speculative way to participate in the power-infrastructure buildout than early-stage nuclear developers. Jim Cramer Weighs In on GE Vernova and NuScale Power
• Positive Sentiment: Recent commentary identifies GE Vernova as one of the stocks that may be positioned to perform relatively well in a higher-rate environment, reflecting expectations that its potential returns and demand outlook can offset higher financing costs. The stock has also outperformed the Dow over the past year. 3 Stocks Built for Higher Rates—and 2 That Could Break Is GE Vernova Stock Outperforming the Dow?
• Neutral Sentiment: Coverage of the nuclear renaissance highlights opportunities for companies that supply adjacent infrastructure and equipment, potentially supporting GE Vernova’s broader power-generation exposure, although the article does not announce a new contract or financial impact for the company. Construction Firms Powering the Nuclear Renaissance
• Negative Sentiment: GE Vernova’s stock fell more than the general market in the latest session, suggesting broad risk-off trading or profit-taking weighed on the shares. Commentary also continues to flag losses in the wind business, a potential drag on sentiment despite strength in other operations. GE Vernova Suffers a Larger Drop Than the General Market Jim Cramer Weighs In on GE Vernova and NuScale Power

Analysts Set New Price Targets

A number of brokerages have recently issued reports on GEV. Morgan Stanley downgraded GE Vernova from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. Oppenheimer boosted their target price on GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Sanford C. Bernstein upped their target price on shares of GE Vernova from $1,206.00 to $1,298.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Mizuho raised their price target on shares of GE Vernova from $913.00 to $949.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Finally, William Blair reissued an “outperform” rating on shares of GE Vernova in a report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,155.28.

GE Vernova Stock Down 2.0%

GEV stock opened at $951.90 on Thursday. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The business’s 50-day moving average is $1,006.09 and its two-hundred day moving average is $982.37. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85. The company has a market cap of $253.52 billion, a price-to-earnings ratio of 27.24, a P/E/G ratio of 4.52 and a beta of 1.15.

GE Vernova (NYSE:GEV) last announced its earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.17 by ($0.70). GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The firm had revenue of $11.10 billion during the quarter, compared to analysts’ expectations of $10.79 billion. During the same period in the previous year, the business posted $1.86 earnings per share. The company’s revenue for the quarter was up 21.9% on a year-over-year basis. As a group, analysts forecast that GE Vernova Inc. will post 15.36 earnings per share for the current year.

GE Vernova Company Profile

GE Vernova Inc (NYSE: GEV) is an energy technology company that provides equipment, software and services for electricity generation, transmission and distribution. Its portfolio is designed to support power systems across a range of energy sources, including natural gas, nuclear, hydroelectric, wind and solar power, as well as battery storage.

The company operates through three primary businesses: Power, Wind and Electrification. Power supplies gas and steam turbines, generators, nuclear power technologies, hydroelectric equipment and related maintenance services.