Calamos Wealth Management LLC raised its position in shares of GE Vernova Inc. (NYSE:GEV – Free Report) by 42.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,773 shares of the company’s stock after acquiring an additional 822 shares during the period. Calamos Wealth Management LLC’s holdings in GE Vernova were worth $2,421,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of GE Vernova by 29.4% in the fourth quarter. Brighton Jones LLC now owns 3,315 shares of the company’s stock valued at $1,091,000 after buying an additional 753 shares during the period. Schnieders Capital Management LLC. increased its stake in GE Vernova by 1.7% during the 2nd quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company’s stock worth $828,000 after acquiring an additional 26 shares during the period. Jump Financial LLC acquired a new position in GE Vernova in the 2nd quarter valued at $258,000. Ossiam acquired a new position in GE Vernova in the 2nd quarter valued at $42,000. Finally, Nebula Research & Development LLC lifted its position in shares of GE Vernova by 23.9% during the 2nd quarter. Nebula Research & Development LLC now owns 1,674 shares of the company’s stock valued at $886,000 after acquiring an additional 323 shares during the period.
Analyst Ratings Changes
Several equities analysts have commented on GEV shares. Weiss Ratings raised shares of GE Vernova from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, April 24th. Wells Fargo & Company upped their target price on GE Vernova from $831.00 to $896.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 31st. 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 report on Thursday, April 23rd. Sanford C. Bernstein started coverage on GE Vernova in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $1,206.00 price target on the stock. Finally, BMO Capital Markets boosted their price target on GE Vernova from $1,110.00 to $1,250.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,089.88.
GE Vernova News Summary
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: Several articles highlighted GE Vernova’s strong stock performance, attractive valuation relative to peers, dividend, and upbeat 2026 outlook, which supports the bullish case for the company. GEV or XE: Which Alternative Energy Stock Is a Stronger Play Now?
- Positive Sentiment: Technical coverage noted that GE Vernova crossed above its 20-day moving average, a sign traders may view as a short-term bullish trend and possible support for further gains. GE Vernova (GEV) Crossed Above the 20-Day Moving Average: What That Means for Investors
- Positive Sentiment: Investor commentary also pointed to growing demand for gas turbines tied to data-center power needs, with Chevron’s joint venture reinforcing GE Vernova’s role in a key growth market. Does Chevron’s Joint Venture With GE Vernova Make the Stock a Buy Ahead of 2027?
- Neutral Sentiment: Analyst-style coverage and market commentary around the stock being “worth buying” or potentially outperforming through 2030 may have helped sentiment, but these pieces were more opinionated than company-specific catalysts. 2 Top Power Stocks That Could Outperform the Market Through 2030
- Negative Sentiment: The main drag was a broad pullback in the shares, with one report specifically noting GE Vernova fell more than the broader market, likely reflecting profit-taking after a strong run rather than a fundamental setback. Here’s Why GE Vernova (GEV) Fell More Than Broader Market
GE Vernova Price Performance
Shares of NYSE:GEV opened at $1,042.65 on Tuesday. The firm has a market cap of $280.18 billion, a PE ratio of 30.37, a price-to-earnings-growth ratio of 4.03 and a beta of 1.09. The firm’s fifty day moving average is $1,039.30 and its 200-day moving average is $899.66. 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 Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94.
GE Vernova (NYSE:GEV – Get Free Report) 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 the consensus estimate of $9.19 billion. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.GE Vernova’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.91 earnings per share. Sell-side analysts predict that GE Vernova Inc. will post 15.06 earnings per share for the current year.
GE Vernova Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 16th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Tuesday, June 16th. GE Vernova’s payout ratio is 5.83%.
Insider Transactions at GE Vernova
In other news, CEO Victor Abate sold 4,819 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $948.08, for a total value 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. This represents a 72.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the stock in a transaction dated 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 completion of the sale, the chief accounting officer directly owned 3,549 shares of the company’s stock, valued at approximately $3,758,710.41. The trade was a 39.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.21% of the company’s stock.
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.
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