Oslo Pensjonsforsikring AS Takes $707,000 Position in GE Vernova Inc. $GEV

Oslo Pensjonsforsikring AS bought a new stake in GE Vernova Inc. (NYSE:GEV) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 810 shares of the company’s stock, valued at approximately $707,000.

A number of other large investors have also added to or reduced their stakes in GEV. Cornerstone Financial Management LLC acquired a new position in GE Vernova in the 4th quarter worth $25,000. Wealth Watch Advisors INC acquired a new stake in shares of GE Vernova during the third quarter valued at about $25,000. Torren Management LLC acquired a new stake in shares of GE Vernova during the fourth quarter valued at about $26,000. Manning & Napier Advisors LLC increased its position in shares of GE Vernova by 68.4% during the first quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock worth $26,000 after acquiring an additional 13 shares during the last quarter. Finally, ORG Wealth Partners LLC increased its position in shares of GE Vernova by 241.7% during the fourth quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock worth $27,000 after acquiring an additional 29 shares during the last quarter.

GE Vernova Stock Performance

Shares of GEV stock opened at $1,075.19 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 0.89. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94. The company’s 50-day simple moving average is $1,037.70 and its 200-day simple moving average is $916.52. The stock has a market capitalization of $288.92 billion, a price-to-earnings ratio of 31.32, a PEG ratio of 3.98 and a beta of 1.09.

GE Vernova (NYSE:GEV) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 earnings per share for the quarter, beating the consensus estimate of $1.95 by $15.49. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The firm had revenue of $9.34 billion during the quarter, compared to analyst estimates of $9.19 billion. During the same period in the previous year, the company earned $0.91 earnings per share. GE Vernova’s quarterly revenue was up 17.0% on a year-over-year basis. Equities analysts anticipate that GE Vernova Inc. will post 15.06 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 16th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 16th. GE Vernova’s dividend payout ratio (DPR) is currently 5.83%.

Insider Activity at GE Vernova

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 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 approximately $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 accessible through this hyperlink. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the company’s 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 value of $2,470,856.97. Following the sale, the chief accounting officer directly owned 3,549 shares in the company, valued at approximately $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.

Trending Headlines about GE Vernova

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

• Positive Sentiment: Investors are bullish on GE Vernova’s role in powering AI data centers and the broader electrification buildout, with multiple reports highlighting strong demand for turbines and grid equipment. AI Data Centers Need Power, and These 2 Industrials Are Cashing In
• Positive Sentiment: Several articles say GE Vernova heads into earnings with a robust backlog, including sold-out gas turbine capacity and bookings extending into 2027, which supports near-term revenue visibility. GE Vernova: The Hidden AI Play That Has Few Growth Headwinds
• Positive Sentiment: Wall Street coverage remains constructive, with brokerages assigning an average “Moderate Buy” rating, and commentary suggesting analysts still see upside despite the stock’s strong run. GE Vernova Inc. Receives Average Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: Investors are also focused on analyst estimates and key operating metrics for the upcoming quarter, as the company’s valuation has climbed sharply and markets want confirmation that growth is keeping pace.
• Neutral Sentiment: Several pieces debate whether GE Vernova still deserves a premium valuation after a huge run, suggesting the stock may remain volatile around earnings as expectations are now high.
• Negative Sentiment: The biggest near-term risk is earnings disappointment: with shares already up sharply over the past year, any miss on margins, orders, or backlog commentary could pressure the stock if management does not reinforce the growth story.

Analyst Ratings Changes

A number of research analysts recently commented on GEV shares. Erste Group Bank raised GE Vernova to a “strong-buy” rating in a report on Tuesday, March 24th. Zacks Research downgraded GE Vernova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Citigroup lifted their price objective on GE Vernova from $779.00 to $1,110.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. Susquehanna set a $1,300.00 target price on GE Vernova in a research report on Thursday, April 23rd. Finally, BNP Paribas Exane downgraded shares of GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 price target for the company. in a research report on Monday, April 27th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned 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 an average price target of $1,089.88.

GE Vernova 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.