Rep. Austin Scott Sells Off Shares of GE Vernova Inc. (NYSE:GEV)

Posted by Grant Hamersma on Mar 25th, 2026

Representative Austin Scott (Republican-Georgia) recently sold shares of GE Vernova Inc. (NYSE:GEV). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in GE Vernova stock on February 17th. The trade occurred in the Representative’s “VIVIEN G SCOTT IRA” account.

Representative Austin Scott also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 2/17/2026.

GE Vernova Stock Up 3.0%

Shares of NYSE GEV opened at $908.90 on Wednesday. The stock’s 50 day moving average price is $789.33 and its two-hundred day moving average price is $677.10. GE Vernova Inc. has a 52-week low of $252.25 and a 52-week high of $920.63. The stock has a market capitalization of $244.98 billion, a P/E ratio of 51.06, a PEG ratio of 3.51 and a beta of 1.45.

GE Vernova (NYSE:GEV – Get Free Report) last issued its earnings results on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, topping the consensus estimate of $2.99 by $10.40. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The company had revenue of $10.96 billion during the quarter, compared to analyst estimates of $10.21 billion. During the same quarter last year, the firm earned $1.73 EPS. The business’s revenue was up 3.8% on a year-over-year basis. On average, analysts anticipate that GE Vernova Inc. will post 6.59 EPS for the current year.

GE Vernova Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 17th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, March 17th. GE Vernova’s payout ratio is currently 11.24%.

Institutional Investors Weigh In On GE Vernova

Several large investors have recently added to or reduced their stakes in the stock. Auto Owners Insurance Co grew its position in shares of GE Vernova by 110,973.4% during the fourth quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company’s stock worth $2,278,224,000 after acquiring an additional 34,826,773 shares during the last quarter. Vanguard Group Inc. boosted its stake in GE Vernova by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 25,023,625 shares of the company’s stock valued at $16,354,691,000 after purchasing an additional 208,162 shares during the period. State Street Corp boosted its stake in GE Vernova by 2.1% during the 4th quarter. State Street Corp now owns 11,469,670 shares of the company’s stock valued at $7,496,232,000 after purchasing an additional 231,392 shares during the period. Geode Capital Management LLC grew its position in GE Vernova by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 6,249,193 shares of the company’s stock worth $4,074,039,000 after purchasing an additional 68,894 shares during the last quarter. Finally, Morgan Stanley increased its stake in shares of GE Vernova by 12.8% in the fourth quarter. Morgan Stanley now owns 6,054,474 shares of the company’s stock valued at $3,957,024,000 after purchasing an additional 685,466 shares during the period.

Analysts Set New Price Targets

GEV has been the topic of several research analyst reports. Bank of America raised their price objective on GE Vernova from $725.00 to $804.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Barclays reissued an “overweight” rating and set a $849.00 target price on shares of GE Vernova in a report on Monday, February 2nd. William Blair restated an “outperform” rating on shares of GE Vernova in a research report on Wednesday, December 10th. Weiss Ratings raised shares of GE Vernova from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. Finally, Evercore increased their price objective on shares of GE Vernova from $860.00 to $905.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $837.25.

View Our Latest Analysis on GE Vernova

Trending Headlines about GE Vernova

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

Positive Sentiment: Morgan Stanley raised its price target to $960 and kept an overweight/positive stance, citing stronger turbine pricing, rising demand for H‑class gas turbines and improved medium‑term growth tied to electrification — a primary catalyst for today’s gain. Morgan Stanley Raises GE Vernova (NYSE:GEV) Price Target to $960.00
Positive Sentiment: Bank of America reiterated a Buy on GEV, reinforcing institutional support and signaling continued analyst conviction in the company’s execution and market opportunity. Bank of America Securities Remains a Buy on GE Vernova Inc. (GEV)
Positive Sentiment: Macro/structural bull case: coverage tying GE Vernova to the AI/data‑center electrification theme (larger long‑term power demand), plus recent management actions — dividend increase and expanded buyback authorization — support a durable revenue/backlog narrative and investor appetite. MarketBeat: GE Vernova thematic coverage
Neutral Sentiment: Media and personality-driven interest (e.g., Jim Cramer coverage) has amplified retail/investor attention and trading volume; this can boost momentum but may be less predictive of fundamentals. GE Vernova Up Heavily After Jim Cramer It Was A “Real Good Story”
Neutral Sentiment: Short‑term market tailwinds (a broader risk‑off easing / geopolitical headlines) lifted several industrial and energy names today, which helped GEV alongside company‑specific news. GE Vernova, Applied Industrial, MYR Group, Advanced Drainage, and Kadant Shares Skyrocket

About Representative Scott

Austin Scott (Republican Party) is a member of the U.S. House, representing Georgia’s 8th Congressional District. He assumed office on January 3, 2011. His current term ends on January 3, 2027.

Scott (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 8th Congressional District. He declared candidacy for the 2026 election.

Scott’s professional experience includes working as an Agent and Owner with The Southern Group, Limited Liability Company, Senior Agent with The Principal Financial Group from 1993 to 1998 and an Agent with the Life of the South Agency from 1992 to 1993.

He is a member of the American Red Cross – Coastal Plains Chapter Board, National Association of Insurance Financial Advisers, First Baptist Church of Tifton and the American Legislative Exchange Council.

Scott graduated from the University of Georgia with a B.B.A. in risk management and insurance.

GE Vernova Company Profile

(Get Free Report)

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.