Aware Super Pty Ltd as trustee of Aware Super Invests $12.67 Million in GE Vernova Inc. $GEV

Aware Super Pty Ltd as trustee of Aware Super bought a new position in shares of GE Vernova Inc. (NYSE:GEV) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 14,512 shares of the company’s stock, valued at approximately $12,668,000.

A number of other large investors also recently modified their holdings of the company. Evergreen Advisors LLC purchased a new position in shares of GE Vernova during the first quarter worth approximately $100,000. Regency Capital Management Inc. DE acquired a new stake in shares of GE Vernova in the 1st quarter worth approximately $262,000. Vectors Research Management LLC purchased a new position in shares of GE Vernova in the first quarter valued at $3,052,000. Wealthfront Advisers LLC raised its position in GE Vernova by 8.7% during the first quarter. Wealthfront Advisers LLC now owns 39,606 shares of the company’s stock worth $34,572,000 after acquiring an additional 3,178 shares during the last quarter. Finally, D.A. Davidson & CO. raised its position in shares of GE Vernova by 9.8% during the 1st quarter. D.A. Davidson & CO. now owns 14,493 shares of the company’s stock worth $12,652,000 after purchasing an additional 1,297 shares during the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Wall Street Zen raised shares of GE Vernova from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. TD Cowen lifted their price objective on GE Vernova from $780.00 to $1,220.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. JPMorgan Chase & Co. increased their price target on GE Vernova from $1,000.00 to $1,150.00 and gave the company an “overweight” rating in a report on Thursday, April 16th. Royal Bank Of Canada raised their target price on GE Vernova from $996.00 to $1,195.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $1,328.00 price target on shares of GE Vernova in a report on Friday, April 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, GE Vernova presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,089.88.

GE Vernova Stock Performance

Shares of NYSE GEV opened at $1,058.44 on Friday. The stock has a fifty day moving average price of $1,037.54 and a two-hundred day moving average price of $908.87. GE Vernova Inc. has a 1 year low of $530.16 and a 1 year high of $1,195.94. The firm has a market cap of $284.42 billion, a P/E ratio of 30.83, a PEG ratio of 3.82 and a beta of 1.09. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 0.89.

GE Vernova (NYSE:GEV) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, topping the consensus estimate of $1.95 by $15.49. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The firm had revenue of $9.34 billion for the quarter, compared to analysts’ expectations of $9.19 billion. During the same period in the previous year, the business earned $0.91 earnings per share. GE Vernova’s revenue for the quarter was up 17.0% compared to the same quarter last year. Research analysts forecast that GE Vernova Inc. will post 15.06 EPS for the current fiscal year.

GE Vernova Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 16th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 16th. GE Vernova’s dividend payout ratio is currently 5.83%.

Insider Activity

In other news, CEO Victor Abate sold 4,819 shares of GE Vernova stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $948.08, for a total value of $4,568,797.52. Following the transaction, the chief executive officer directly owned 1,835 shares of the company’s stock, valued at $1,739,726.80. This trade represents a 72.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Matthew Joseph Potvin sold 2,333 shares of GE Vernova stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $1,059.09, for a total transaction 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. The trade was a 39.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.21% of the company’s stock.

Trending Headlines about GE Vernova

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

• Positive Sentiment: Erste Group Bank raised its FY2027 EPS estimate for GE Vernova and kept a Strong-Buy rating, reinforcing the view that earnings could keep growing over the next few years.
• Positive Sentiment: Bernstein recently initiated coverage with an Outperform rating and a $1,206 price target, citing GE Vernova’s position to benefit from global energy trends and power demand from AI data centers. Article Title
• Positive Sentiment: Investors are focusing on the company’s large backlog, raised revenue and free cash flow guidance, and major investment plan of $11 billion in capex and R&D through 2028, which signals confidence in long-term demand. Article Title
• Neutral Sentiment: GE Vernova is also benefiting from broader market interest in AI and energy infrastructure stocks, especially with major catalysts like Google’s earnings and capex guidance potentially influencing the whole sector. Article Title
• Neutral Sentiment: Recent articles also show investors heavily searching the stock, suggesting strong attention ahead of earnings, though not necessarily a new fundamental catalyst. Article Title
• Negative Sentiment: One recent note highlighted conflicting analyst views on GE Vernova, which may temper enthusiasm if investors become more cautious into earnings. Article Title

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.