GE Vernova Inc. $GEV Shares Purchased by Meitav Investment House Ltd.

Meitav Investment House Ltd. boosted its position in shares of GE Vernova Inc. (NYSE:GEV) by 65.8% in the first quarter, HoldingsChannel.com reports. The fund owned 1,990 shares of the company’s stock after purchasing an additional 790 shares during the period. Meitav Investment House Ltd.’s holdings in GE Vernova were worth $1,736,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of GEV. Resonant Capital Advisors LLC increased its stake in GE Vernova by 16.5% during the first quarter. Resonant Capital Advisors LLC now owns 1,478 shares of the company’s stock worth $1,291,000 after purchasing an additional 209 shares during the period. Sather Financial Group Inc purchased a new position in shares of GE Vernova in the first quarter valued at approximately $284,000. Advance Capital Management Inc. grew its holdings in shares of GE Vernova by 2.2% in the first quarter. Advance Capital Management Inc. now owns 461 shares of the company’s stock valued at $402,000 after purchasing an additional 10 shares in the last quarter. Signet Private Wealth LLC grew its holdings in shares of GE Vernova by 23.0% in the first quarter. Signet Private Wealth LLC now owns 444 shares of the company’s stock valued at $388,000 after purchasing an additional 83 shares in the last quarter. Finally, Integrated Advisors Network LLC increased its stake in GE Vernova by 2.5% during the 1st quarter. Integrated Advisors Network LLC now owns 1,490 shares of the company’s stock worth $1,300,000 after buying an additional 37 shares during the period.

GE Vernova News Summary

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

• Negative Sentiment: GE Vernova fell alongside a broader market risk-off move, with Nasdaq weakness tied to AI-related concerns and higher oil prices weighing on sentiment across growth and industrial names.
• Negative Sentiment: A Wall Street downgrade of Siemens Energy sparked selling across power-generation equipment stocks, including GE Vernova, as investors reassessed the group’s near-term valuation and sector momentum. Article Title
• Negative Sentiment: Recent commentary noted that GEV has already had a huge run on AI-related power demand, but its elevated multiple and the fact that the stock is trading above consensus price targets leave it exposed to pullbacks if execution disappoints. Article Title
• Neutral Sentiment: One article framed GE Vernova as a key beneficiary of AI-driven electricity demand, supported by strong Q1 results, rising backlog, and management’s raised 2026 guidance—an underlying positive for the stock, though not enough to offset today’s market pressure. Article Title

Insider Activity

In related news, CEO Victor Abate sold 4,819 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 1,835 shares of the company’s stock, valued at $1,739,726.80. This represents a 72.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total transaction of $2,470,856.97. Following the completion of the transaction, the chief accounting officer owned 3,549 shares in the company, valued at $3,758,710.41. This represents a 39.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.21% of the stock is currently owned by company insiders.

GE Vernova Stock Performance

Shares of GEV stock opened at $1,083.00 on Wednesday. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. The firm has a fifty day moving average price of $1,040.73 and a 200 day moving average price of $887.94. The company has a market cap of $291.02 billion, a P/E ratio of 31.55, a PEG ratio of 4.25 and a beta of 1.09. GE Vernova Inc. has a 12 month low of $511.50 and a 12 month high of $1,195.94.

GE Vernova (NYSE:GEV) last posted its earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, beating the consensus estimate of $1.95 by $15.49. The firm had revenue of $9.34 billion for the quarter, compared to analyst estimates of $9.19 billion. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.GE Vernova’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.91 earnings per share. Sell-side analysts predict that GE Vernova Inc. will post 15.05 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

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

Analysts Set New Price Targets

A number of research firms have issued reports on GEV. Royal Bank Of Canada increased their target price on shares of GE Vernova from $996.00 to $1,195.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Jefferies Financial Group cut their price objective on GE Vernova from $1,350.00 to $1,210.00 and set a “buy” rating on the stock in a research report on Thursday, June 11th. Wall Street Zen cut GE Vernova from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Robert W. Baird lifted their target price on GE Vernova from $1,008.00 to $1,400.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Finally, Guggenheim boosted their target price on GE Vernova from $910.00 to $1,300.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,089.88.

About GE Vernova

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.