Integrity Alliance LLC. Increases Stock Position in GE Vernova Inc. $GEV

Integrity Alliance LLC. lifted its holdings in GE Vernova Inc. (NYSE:GEV) by 236.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,775 shares of the company’s stock after acquiring an additional 1,248 shares during the quarter. Integrity Alliance LLC.’s holdings in GE Vernova were worth $1,160,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Intellectus Partners LLC lifted its position in GE Vernova by 3.3% during the fourth quarter. Intellectus Partners LLC now owns 498 shares of the company’s stock valued at $325,000 after acquiring an additional 16 shares during the last quarter. Bleakley Financial Group LLC raised its holdings in shares of GE Vernova by 0.9% during the fourth quarter. Bleakley Financial Group LLC now owns 13,088 shares of the company’s stock worth $8,554,000 after purchasing an additional 120 shares during the last quarter. Mmbg Investment Advisors CO. raised its holdings in shares of GE Vernova by 48.9% during the fourth quarter. Mmbg Investment Advisors CO. now owns 1,295 shares of the company’s stock worth $846,000 after purchasing an additional 425 shares during the last quarter. Cary Street Partners Financial LLC raised its holdings in shares of GE Vernova by 2.7% during the fourth quarter. Cary Street Partners Financial LLC now owns 4,063 shares of the company’s stock worth $2,655,000 after purchasing an additional 106 shares during the last quarter. Finally, Wellington Shields & Co. LLC grew its position in GE Vernova by 20.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 2,602 shares of the company’s stock valued at $1,701,000 after buying an additional 434 shares during the period.

Insider Activity at GE Vernova

In related news, CAO Matthew Joseph Potvin sold 2,333 shares of the stock in a transaction on 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 transaction, the chief accounting officer directly owned 3,549 shares of the company’s stock, valued at $3,758,710.41. This trade represents a 39.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.21% of the stock is owned by company insiders.

GE Vernova Price Performance

Shares of GEV opened at $996.00 on Friday. GE Vernova Inc. has a fifty-two week low of $458.65 and a fifty-two week high of $1,181.95. The firm’s 50 day moving average price is $994.75 and its 200 day moving average price is $805.17. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.19. The company has a market cap of $267.65 billion, a P/E ratio of 29.01, a PEG ratio of 3.86 and a beta of 1.51.

GE Vernova (NYSE:GEV) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $15.49. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The company had revenue of $9.34 billion for the quarter, compared to the consensus estimate of $9.19 billion. During the same period in the prior year, the firm posted $0.91 EPS. The company’s quarterly revenue was up 17.0% compared to the same quarter last year. On average, research analysts forecast that GE Vernova Inc. will post 14.84 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend 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 currently 5.83%.

Wall Street Analyst Weigh In

GEV has been the topic of several analyst reports. Mizuho set a $714.00 price target on shares of GE Vernova in a research report on Tuesday, February 3rd. Susquehanna set a $1,300.00 price target on shares of GE Vernova in a research report on Thursday, April 23rd. Argus set a $1,300.00 price target on shares of GE Vernova in a research report on Monday, April 27th. UBS Group reaffirmed a “buy” rating on shares of GE Vernova in a research note on Thursday, January 29th. Finally, Evercore lifted their target price 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. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,090.76.

GE Vernova News Roundup

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

• Positive Sentiment: UBS identified GE Vernova as one of its highest-conviction industrial picks, signaling strong analyst confidence in the company’s outlook and supporting investor sentiment. GE Vernova, Boeing lead UBS’s highest-conviction industrial calls
• Positive Sentiment: Another market report said analysts view GE Vernova (GEV) as one of the best industrial buy ideas, which can help sustain demand for the shares even after recent volatility. Analysts Name Best Picks In Industrials. One Is Topping A Buy Point Today.
• Positive Sentiment: Coverage focused on GE Vernova’s strong cash generation and analyst optimism, suggesting the market continues to view the company as a quality industrial with solid fundamentals. Is GE Vernova (GEV) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: An article highlighted GE Vernova’s presentation at Bernstein’s strategic decisions conference, but it did not include a major new catalyst for the stock. GE Vernova Inc. (GEV) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Negative Sentiment: Some commentary raised concerns that GE Vernova’s AI/data-center upside may be more limited than bulls expect, pointing to physical constraints and project delays that could temper enthusiasm. GE Vernova: Physical Limitations Put A Harsh Ceiling On The AI Upside
• Negative Sentiment: Another piece questioned whether a turbine milestone will translate into stronger cash flow and dividend potential, which may weigh on valuation if investors focus on capital returns. GE Vernova Turbine Milestone Raises Questions On Cash Flows And Dividends

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.