Lombard Odier Asset Management Switzerland SA Makes New $6.92 Million Investment in GE Vernova Inc. $GEV

Lombard Odier Asset Management Switzerland SA purchased a new position in shares of GE Vernova Inc. (NYSE:GEV) in the 4th quarter, Holdings Channel reports. The firm purchased 10,587 shares of the company’s stock, valued at approximately $6,919,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GEV. Brighton Jones LLC grew its holdings in GE Vernova by 29.4% during the 4th quarter. Brighton Jones LLC now owns 3,315 shares of the company’s stock worth $1,091,000 after acquiring an additional 753 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings 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 in the last quarter. Jump Financial LLC acquired a new position in GE Vernova during the 2nd quarter worth approximately $258,000. Ossiam acquired a new position in shares of GE Vernova during the 2nd quarter worth about $42,000. Finally, Nebula Research & Development LLC boosted 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 worth $886,000 after acquiring an additional 323 shares in the last quarter.

Insiders Place Their Bets

In related news, CEO Victor Abate sold 4,819 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the completion of the sale, the chief executive officer owned 1,835 shares in the company, valued at $1,739,726.80. This represents a 72.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the stock in a transaction 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 sale, the chief accounting officer owned 3,549 shares of the company’s stock, valued at approximately $3,758,710.41. This represents a 39.66% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.21% of the stock is owned by corporate insiders.

GE Vernova News Summary

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

• Positive Sentiment: Media coverage highlighted GE Vernova’s equipment and technology as a beneficiary of rising AI-driven electricity demand and broader electrification trends. GE Vernova Powers Machines Behind AI & Electrification Demand
• Positive Sentiment: Analysts and market commentary emphasized GE Vernova’s expanding services franchise and $163.3 billion backlog, which provide revenue visibility and support a steadier growth outlook. Can GE Vernova’s Services Business Drive More Stable Growth?
• Positive Sentiment: Interest in GridOS for Transmission reflects investor optimism around GE Vernova’s AI-enabled software and grid stability solutions, which could deepen its role in utility modernization. GE Vernova Inc. (GEV) Unveils GridOS for Transmission to Enhance Grid Stability and Operations
• Neutral Sentiment: One article questioned GE Vernova’s growth and valuation after the GridOS launch, suggesting the market is weighing its software ambitions against a rich stock valuation. GE Vernova GridOS Launch Spurs Questions On Growth And Valuation
• Negative Sentiment: Another report said Rolls-Royce was selected over GE Vernova as a supplier for new small modular reactors in Sweden, a reminder of competitive headwinds in the nuclear energy opportunity. Rolls-Royce tops GE Vernova as supplier for new small modular reactors in Sweden
• Negative Sentiment: Jefferies reportedly trimmed its price target on GE Vernova, which may have pressured sentiment by signaling less upside near term. Jefferies Trims Price Target on GE Vernova (GEV). Here is Why

GE Vernova Stock Up 0.4%

Shares of NYSE GEV opened at $982.80 on Wednesday. The stock has a market cap of $264.10 billion, a PE ratio of 28.63, a price-to-earnings-growth ratio of 3.63 and a beta of 1.23. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.19. GE Vernova Inc. has a 52-week low of $479.04 and a 52-week high of $1,181.95. The business has a 50-day moving average price of $1,012.17 and a 200 day moving average price of $839.14.

GE Vernova (NYSE:GEV) last announced its earnings results on Wednesday, April 22nd. The company reported $17.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $15.49. The firm had revenue of $9.34 billion during the quarter, compared to analysts’ expectations of $9.19 billion. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The business’s revenue was up 17.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.91 EPS. Equities research analysts forecast that GE Vernova Inc. will post 14.99 earnings per share for the current year.

GE Vernova Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova’s dividend payout ratio is currently 5.83%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on GEV. Barclays upped their price objective on GE Vernova from $993.00 to $1,250.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. TD Cowen upped their price objective on GE Vernova from $780.00 to $1,220.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Erste Group Bank raised GE Vernova to a “strong-buy” rating in a research report on Tuesday, March 24th. Morgan Stanley upped their price objective on GE Vernova from $817.00 to $960.00 and gave the stock an “overweight” rating in a research report on Monday, March 23rd. Finally, Robert W. Baird upped their target price on shares of GE Vernova from $1,008.00 to $1,400.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, GE Vernova has an average rating of “Moderate Buy” and an average target price of $1,089.88.

GE Vernova 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.