GE Vernova Inc. (NYSE:GEV – Get Free Report) 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 completion of the sale, the chief accounting officer owned 3,549 shares in the company, valued at approximately $3,758,710.41. This trade represents a 39.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
GE Vernova Price Performance
Shares of GEV opened at $1,024.61 on Thursday. The stock has a 50 day simple moving average of $970.06 and a 200 day simple moving average of $785.29. GE Vernova Inc. has a 52-week low of $446.50 and a 52-week high of $1,181.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 0.89. The firm has a market capitalization of $275.33 billion, a PE ratio of 29.85, a P/E/G ratio of 3.79 and a beta of 1.51.
GE Vernova (NYSE:GEV – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, topping the consensus estimate of $1.95 by $15.49. The firm had revenue of $9.34 billion for the quarter, compared to the consensus estimate of $9.19 billion. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The business’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period last year, the company posted $0.91 EPS. Sell-side analysts predict that GE Vernova Inc. will post 14.84 EPS for the current fiscal year.
GE Vernova Announces Dividend
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the stock. Rothschild & Co Redburn raised shares of GE Vernova from a “sell” rating to a “buy” rating and boosted their price objective for the company from $560.00 to $1,100.00 in a research report on Monday, March 9th. Citigroup boosted their price objective on shares of GE Vernova from $779.00 to $1,110.00 and gave the company a “neutral” rating in a research report on Monday, April 13th. Wall Street Zen raised shares of GE Vernova from a “hold” rating to a “buy” rating in a research report on Saturday, January 31st. Erste Group Bank raised shares of GE Vernova to a “strong-buy” rating in a research report on Tuesday, March 24th. Finally, China Renaissance raised shares of GE Vernova to a “strong-buy” rating in a research report on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, GE Vernova currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,090.76.
View Our Latest Research Report on GE Vernova
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. J.W. Cole Advisors Inc. increased its holdings in GE Vernova by 25.3% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 16,247 shares of the company’s stock worth $9,990,000 after acquiring an additional 3,278 shares in the last quarter. World Investment Advisors increased its holdings in GE Vernova by 19.9% in the 4th quarter. World Investment Advisors now owns 13,497 shares of the company’s stock worth $8,821,000 after acquiring an additional 2,241 shares in the last quarter. Rakuten Investment Management Inc. purchased a new stake in GE Vernova in the 3rd quarter worth approximately $18,601,000. US Bancorp DE increased its holdings in GE Vernova by 2.2% in the 3rd quarter. US Bancorp DE now owns 100,542 shares of the company’s stock worth $61,824,000 after acquiring an additional 2,163 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in GE Vernova by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 24,815,463 shares of the company’s stock worth $15,259,028,000 after acquiring an additional 150,892 shares in the last quarter.
Key Stories Impacting GE Vernova
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: Analysts and market commentary remain upbeat on GE Vernova’s role in the AI power buildout, pointing to surging electrification demand, an expanding backlog, and grid modernization opportunities that could support future revenue growth. Can GE Vernova Benefit From the Global Grid Modernization Boom?
- Positive Sentiment: The company also announced a quarterly dividend of $0.50 per share, reinforcing financial stability and returning cash to shareholders, though the yield remains modest. GE Vernova Declares Third Quarter 2026 Dividend
- Neutral Sentiment: SeQent and Velotic expanded their partnership to support real-time alarm notification across Proficy software, including products formerly part of GE Vernova’s manufacturing software business; this is more of an ecosystem update than a direct earnings driver. SeQent and Velotic Deepen Long-Standing Partnership…
- Negative Sentiment: Recent insider selling, including a sale by CAO Matthew Joseph Potvin, may create some caution, though the transaction appears relatively limited compared with the company’s overall valuation and recent bullish operating narrative. GE Vernova (NYSE:GEV) CAO Matthew Joseph Potvin Sells 2,333 Shares
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.
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