Passumpsic Savings Bank Purchases Shares of 5,067 GE Vernova Inc. $GEV

Passumpsic Savings Bank purchased a new stake in GE Vernova Inc. (NYSE:GEV) during the 4th quarter, Holdings Channel reports. The fund purchased 5,067 shares of the company’s stock, valued at approximately $3,312,000. GE Vernova accounts for approximately 1.8% of Passumpsic Savings Bank’s investment portfolio, making the stock its 17th biggest holding.

Several other institutional investors and hedge funds also recently modified their holdings of the business. North Dakota State Investment Board purchased a new stake in shares of GE Vernova in the fourth quarter valued at about $6,129,000. Rossmore Private Capital lifted its holdings in shares of GE Vernova by 2.8% in the fourth quarter. Rossmore Private Capital now owns 559 shares of the company’s stock valued at $365,000 after purchasing an additional 15 shares in the last quarter. Eubel Brady & Suttman Asset Management Inc. lifted its holdings in shares of GE Vernova by 7.3% in the fourth quarter. Eubel Brady & Suttman Asset Management Inc. now owns 586 shares of the company’s stock valued at $383,000 after purchasing an additional 40 shares in the last quarter. Soltis Investment Advisors LLC lifted its holdings in shares of GE Vernova by 7.3% in the fourth quarter. Soltis Investment Advisors LLC now owns 3,341 shares of the company’s stock valued at $2,184,000 after purchasing an additional 227 shares in the last quarter. Finally, Aspire Growth Partners LLC lifted its holdings in shares of GE Vernova by 1.5% in the fourth quarter. Aspire Growth Partners LLC now owns 1,172 shares of the company’s stock valued at $766,000 after purchasing an additional 17 shares in the last quarter.

GE Vernova Stock Performance

NYSE:GEV opened at $1,048.74 on Monday. The firm has a 50 day simple moving average of $957.76 and a 200-day simple moving average of $775.95. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.89 and a quick ratio of 0.65. The firm has a market cap of $281.82 billion, a PE ratio of 30.55, a P/E/G ratio of 3.93 and a beta of 1.51. GE Vernova Inc. has a 1-year low of $421.64 and a 1-year high of $1,181.95.

GE Vernova (NYSE:GEV) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.95 by $15.49. The business had revenue of $9.34 billion during the quarter, compared to analyst estimates of $9.19 billion. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The company’s revenue was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.91 earnings per share. On average, equities analysts expect that GE Vernova Inc. will post 14.84 EPS for the current year.

GE Vernova Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Tuesday, March 17th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova’s dividend payout ratio is 5.83%.

Key GE Vernova News

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

• Positive Sentiment: GE Vernova’s recent “blowout” earnings continue to support bullish sentiment, with investors viewing the results as evidence that the company is benefiting from strong demand, improved execution, and a growing backlog. Article Title
• Positive Sentiment: Argus raised its price target on GE Vernova to $1,300 and kept a Buy rating after the company’s strong quarter, reinforcing the view that the stock can still re-rate higher if growth stays strong. Article Title
• Positive Sentiment: GE Vernova and Blue Energy announced a major U.S. nuclear-and-gas power plant collaboration, highlighting the company’s role in solving rising electricity demand from AI data centers and new industrial loads. Article Title
• Positive Sentiment: Recent coverage also points to strong orders, global project wins, and a faster path toward a $200 billion backlog target, all of which support the bull case for GE Vernova’s power and electrification businesses. Article Title
• Neutral Sentiment: The broader market backdrop was relatively calm, with indexes holding near highs, so GEV’s move appears more tied to company-specific catalysts than to a sector-wide risk-off shift. Article Title
• Negative Sentiment: Some analysts caution that GE Vernova’s premium valuation and potential tariff-related costs could limit upside, suggesting the stock may be vulnerable if growth expectations cool. Article Title

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Morgan Stanley upped their price target on shares of GE Vernova from $817.00 to $960.00 and gave the company an “overweight” rating in a report on Monday, March 23rd. China Renaissance raised shares of GE Vernova to a “strong-buy” rating in a report on Thursday, January 29th. Wall Street Zen raised shares of GE Vernova from a “hold” rating to a “buy” rating in a research report on Saturday, January 31st. BNP Paribas Exane lowered shares of GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 price objective for the company. in a research report on Monday, April 27th. Finally, TD Cowen boosted their price objective on shares of GE Vernova from $780.00 to $1,220.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, GE Vernova currently has an average rating of “Moderate Buy” and a consensus target price of $1,090.76.

GE Vernova Company 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.