1,569 Shares in GE Vernova Inc. $GEV Bought by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ acquired a new stake in shares of GE Vernova Inc. (NYSE:GEV) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,569 shares of the company’s stock, valued at approximately $1,370,000.

A number of other large investors have also added to or reduced their stakes in the company. SageGuard Financial Group LLC lifted its position in shares of GE Vernova by 75.4% during the first quarter. SageGuard Financial Group LLC now owns 4,454 shares of the company’s stock valued at $3,888,000 after buying an additional 1,914 shares during the last quarter. North Star Investment Management Corp. boosted its holdings in shares of GE Vernova by 1.3% in the 1st quarter. North Star Investment Management Corp. now owns 1,010 shares of the company’s stock valued at $882,000 after buying an additional 13 shares in the last quarter. 3Chopt Investment Partners LLC raised its stake in shares of GE Vernova by 4.5% during the 1st quarter. 3Chopt Investment Partners LLC now owns 796 shares of the company’s stock worth $695,000 after acquiring an additional 34 shares in the last quarter. Continuum Advisory LLC raised its stake in shares of GE Vernova by 12.8% during the 1st quarter. Continuum Advisory LLC now owns 749 shares of the company’s stock worth $654,000 after acquiring an additional 85 shares in the last quarter. Finally, Portus Wealth Advisors LLC lifted its position in GE Vernova by 132.0% during the first quarter. Portus Wealth Advisors LLC now owns 1,677 shares of the company’s stock valued at $1,464,000 after acquiring an additional 954 shares during the last quarter.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: GE Vernova is benefiting from the AI boom not just through gas turbines, but also through higher demand for grid equipment and electrification products used by data centers, reinforcing growth across multiple business lines. GE Vernova’s gas turbines aren’t the only way it’s winning from the AI boom
• Positive Sentiment: The stock is also getting support from its inclusion in the Russell Top 50 Index and from rising orders tied to AI-driven data center power needs, which can improve institutional visibility and sentiment. Why GE Vernova (GEV) Is Up 7.3% After Russell Top 50 Nod And AI Power Orders
• Positive Sentiment: Jim Cramer said GE Vernova is his favorite among the takeover-related names he was discussing and specifically voiced confidence in CEO Scott Strazik, which may be adding to bullish investor attention. Jim Cramer on GE Vernova: “I Believe In Scott Strazik”
• Positive Sentiment: Analysts are flagging GE Vernova as a candidate to beat earnings again, pointing to its strong track record of surprises and favorable setup ahead of its next report. Will GE Vernova (GEV) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Some coverage is simply reminding investors to mark the calendar for July 22, likely a date tied to the company’s next earnings update or an important event, but it does not add new operational news. Dear GE Vernova stock fans, mark your calendars for July 22

Insider Buying and Selling at GE Vernova

In other news, CEO Victor Abate sold 4,819 shares of the stock in a transaction dated 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 sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the firm’s 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 sale, the chief accounting officer owned 3,549 shares in the company, valued at $3,758,710.41. This trade represents a 39.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have weighed in on GEV. Jefferies Financial Group lowered their target price on shares of GE Vernova from $1,350.00 to $1,210.00 and set a “buy” rating for the company in a research note on Thursday, June 11th. Wells Fargo & Company increased their price objective on GE Vernova from $831.00 to $896.00 and gave the company an “overweight” rating in a report on Tuesday, March 31st. Royal Bank Of Canada raised their price objective on GE Vernova from $996.00 to $1,195.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Argus set a $1,300.00 target price on GE Vernova in a research note on Monday, April 27th. Finally, Susquehanna set a $1,300.00 target price on GE Vernova in a research report on Thursday, April 23rd. Three 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,089.88.

GE Vernova Stock Performance

Shares of GEV stock opened at $1,113.43 on Friday. The stock has a market cap of $299.20 billion, a PE ratio of 32.43, a price-to-earnings-growth ratio of 4.11 and a beta of 1.09. GE Vernova Inc. has a 52-week low of $506.02 and a 52-week high of $1,181.95. The business has a 50-day simple moving average of $1,042.04 and a 200-day simple moving average of $879.98. 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 (NYSE:GEV) last announced its quarterly 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. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The company had revenue of $9.34 billion during the quarter, compared to the consensus estimate of $9.19 billion. During the same period in the previous year, the company posted $0.91 earnings per share. GE Vernova’s revenue for the quarter was up 17.0% on a year-over-year basis. On average, equities analysts expect that GE Vernova Inc. will post 15.05 EPS for the current year.

GE Vernova Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend 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 5.83%.

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.