MGO One Seven LLC Has $23.11 Million Holdings in GE Vernova Inc. $GEV

MGO One Seven LLC decreased its position in GE Vernova Inc. (NYSE:GEV) by 3.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,674 shares of the company’s stock after selling 797 shares during the quarter. MGO One Seven LLC’s holdings in GE Vernova were worth $23,114,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in GE Vernova by 29.4% in the 4th quarter. Brighton Jones LLC now owns 3,315 shares of the company’s stock valued at $1,091,000 after purchasing an additional 753 shares during the period. Schnieders Capital Management LLC. lifted its holdings in shares of GE Vernova by 1.7% during the second quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company’s stock worth $828,000 after buying an additional 26 shares in the last quarter. Jump Financial LLC bought a new stake in shares of GE Vernova in the second quarter valued at about $258,000. Ossiam acquired a new position in shares of GE Vernova in the second quarter valued at about $42,000. Finally, Nebula Research & Development LLC grew its stake in shares of GE Vernova by 23.9% in the second quarter. Nebula Research & Development LLC now owns 1,674 shares of the company’s stock valued at $886,000 after acquiring an additional 323 shares in the last quarter.

Key GE Vernova News

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

• Positive Sentiment: GE Vernova’s backlog reportedly reached $176 billion, while rising orders for power-generation and grid technologies point to strong demand and improved revenue visibility. The company’s nuclear-related AI deal also reinforced the investment case tied to surging electricity demand. GE Vernova backlog and nuclear AI deal
• Positive Sentiment: GE Vernova is leading an ARPA-E project with SHINE to modernize tracking of spent nuclear fuel during recycling. Although the project is unlikely to materially affect near-term earnings, it strengthens the company’s positioning in advanced nuclear infrastructure and fuel-cycle technology. SHINE joins GE Vernova-led ARPA-E project
• Neutral Sentiment: GE Vernova’s wind business reportedly declined 40%, but commentary characterized the weakness as a vulnerable segment rather than an immediate threat, given the strength of the company’s gas-turbine and broader power businesses. GE Vernova wind business analysis
• Negative Sentiment: A Wall Street Journal report about potentially hidden debt among hyperscalers, combined with a 19-year high in Treasury yields, triggered a sharp risk-off move across AI-power and data-center infrastructure stocks. Investors are reassessing whether customers can finance planned projects and whether higher rates will pressure the sector’s valuations. Behind-the-meter energy stocks fall

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Argus set a $1,300.00 price target on shares of GE Vernova in a research report on Monday, April 27th. Sanford C. Bernstein increased their target price on shares of GE Vernova from $1,206.00 to $1,298.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. TD Cowen raised their target price on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. The Goldman Sachs Group reiterated a “buy” rating and issued a $1,328.00 price target on shares of GE Vernova in a research report on Friday, April 24th. Finally, Susquehanna set a $1,300.00 price target on GE Vernova in a research note on Thursday, April 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, GE Vernova currently has an average rating of “Moderate Buy” and a consensus price target of $1,133.15.

Insider Activity

In related news, CEO Victor Abate sold 4,819 shares of GE Vernova stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $948.08, for a total value of $4,568,797.52. Following the transaction, the chief executive officer directly owned 1,835 shares of the company’s stock, valued at $1,739,726.80. This trade represents a 72.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.21% of the company’s stock.

GE Vernova Trading Down 6.8%

Shares of GE Vernova stock opened at $1,005.97 on Wednesday. The company has a market capitalization of $267.92 billion, a price-to-earnings ratio of 28.79, a PEG ratio of 3.79 and a beta of 1.21. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. GE Vernova Inc. has a 12-month low of $530.16 and a 12-month high of $1,195.94. The firm’s 50-day moving average price is $1,038.75 and its two-hundred day moving average price is $964.62.

GE Vernova (NYSE:GEV) last issued its earnings results on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing the consensus estimate of $3.17 by ($0.70). GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The firm had revenue of $11.10 billion during the quarter, compared to analyst estimates of $10.79 billion. During the same quarter in the previous year, the firm posted $1.86 earnings per share. GE Vernova’s quarterly revenue was up 21.9% compared to the same quarter last year. On average, analysts forecast that GE Vernova Inc. will post 15.57 earnings per share for the current fiscal year.

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.