OVERSEA CHINESE BANKING Corp Ltd bought a new stake in GE Vernova Inc. (NYSE:GEV – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor bought 1,106 shares of the company’s stock, valued at approximately $723,000.
Other large investors have also recently bought and sold shares of the company. Jackson Grant Investment Advisers Inc. increased its holdings in GE Vernova by 344.4% in the third quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company’s stock valued at $25,000 after buying an additional 31 shares during the last quarter. Wealth Watch Advisors INC purchased a new stake in GE Vernova in the 3rd quarter valued at $25,000. ORG Wealth Partners LLC raised its position in GE Vernova by 241.7% in the 4th quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock valued at $27,000 after purchasing an additional 29 shares during the last quarter. Deseret Mutual Benefit Administrators raised its position in GE Vernova by 112.0% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 53 shares of the company’s stock valued at $33,000 after purchasing an additional 28 shares during the last quarter. Finally, Lodestone Wealth Management LLC purchased a new stake in GE Vernova in the 4th quarter valued at $36,000.
GE Vernova Stock Up 13.6%
NYSE GEV opened at $1,126.25 on Thursday. GE Vernova Inc. has a 52-week low of $333.19 and a 52-week high of $1,142.00. The business’s 50-day moving average price is $884.14 and its 200 day moving average price is $724.39. The firm has a market cap of $302.80 billion, a P/E ratio of 63.27, a P/E/G ratio of 3.88 and a beta of 1.43.
GE Vernova Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Tuesday, March 17th were given a $0.50 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova’s dividend payout ratio (DPR) is presently 11.24%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the company. Oppenheimer raised their price target on GE Vernova from $871.00 to $1,139.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. TD Cowen raised their price target on GE Vernova from $680.00 to $780.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Mizuho set a $714.00 price target on GE Vernova in a report on Tuesday, February 3rd. Robert W. Baird set a $923.00 price target on GE Vernova and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Finally, Royal Bank Of Canada raised their price target on GE Vernova from $761.00 to $800.00 and gave the stock an “outperform” rating in a report on Friday, January 30th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $919.48.
Check Out Our Latest Research Report on GEV
Key Headlines Impacting GE Vernova
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: Company beat consensus on the quarter and raised its full?year revenue outlook, citing strong order growth across power and electrification — the primary driver behind the rally. GE Vernova lifts annual revenue forecast on data center demand (Reuters)
- Positive Sentiment: Management and analysts highlighted a material revenue tailwind from data center (AI) buildouts that is boosting near?term sales and margins in power equipment and electrification. GE Vernova Stock Soars to New Highs (Investopedia)
- Positive Sentiment: Company reported record results and investor materials (slide deck / press release) that confirmed revenue and profit beats, prompting price?target upgrades and renewed buy interest. GE Vernova Q1 press release / slide deck
- Positive Sentiment: Longer?term project progress: GE Vernova says its next?gen nuclear project in Ontario is ~38% complete and on track for 2030 start — a sign that its nuclear pipeline is advancing (supports future revenue visibility). Trump’s Nuclear Push Meets Reality As GE Vernova Targets Power By 2030 (Benzinga)
- Neutral Sentiment: Analysts and institutional holders remain bullish: recent coverage shows buy ratings and sizable hedge?fund ownership, which can amplify momentum but also compress the scope for additional upgrades. BMO Keeps Buy Rating on GE Vernova (The Globe & Mail)
- Neutral Sentiment: Earnings call and transcripts provide detail on order mix, backlog and margin drivers — useful for investors who want to dig into sustainability of the beat. GE Vernova Q1 Earnings Call Transcript (Seeking Alpha)
- Negative Sentiment: Valuation and expectations are elevated after the rally (GEV carries a high P/E vs. historical averages), raising the risk of profit?taking if growth or margins disappoint. GE Vernova Stock Soars to Record High (Blockonomi)
- Negative Sentiment: Nuclear and large capital projects carry execution and funding risks; industry commentary highlights that political momentum needs to translate into sustained financing and delivery. Stock Market Today: NuScale & nuclear funding risks (The Motley Fool)
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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