Cypress Asset Management Inc. TX Buys 1,075 Shares of GE Vernova Inc. $GEV

Cypress Asset Management Inc. TX increased its stake in shares of GE Vernova Inc. (NYSE:GEV) by 41.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,657 shares of the company’s stock after purchasing an additional 1,075 shares during the quarter. Cypress Asset Management Inc. TX’s holdings in GE Vernova were worth $2,249,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of GEV. Jackson Grant Investment Advisers Inc. raised its stake in shares of 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 acquiring an additional 31 shares during the period. Bay Harbor Wealth Management LLC boosted its stake in shares of GE Vernova by 537.5% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 51 shares of the company’s stock worth $31,000 after purchasing an additional 43 shares during the period. Elevation Wealth Partners LLC raised its position in GE Vernova by 47.2% in the 3rd quarter. Elevation Wealth Partners LLC now owns 53 shares of the company’s stock worth $33,000 after purchasing an additional 17 shares during the period. 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 worth $33,000 after purchasing an additional 28 shares during the period. Finally, Howard Hughes Medical Institute bought a new stake in GE Vernova in the second quarter worth about $31,000.

Key GE Vernova News

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

• Positive Sentiment: Short interest fell sharply in February (down ~14.7% to 6.06M shares, ~2.3% of shares sold short; days-to-cover ~1.8), reducing immediate bearish pressure and the risk of short-driven volatility.
• Positive Sentiment: Multiple bullish media pieces are highlighting GEV as a primary beneficiary of AI-driven electricity demand and a structural energy upcycle, supporting investor appetite. Why GE Vernova Is The Market’s New Favorite Energy Play
• Positive Sentiment: Long-term buy thesis being promoted by retail/income-focused outlets citing surging demand from data centers and other large electricity consumers. 1 Brilliant Energy Stock to Buy Now and Hold for the Long Term
• Positive Sentiment: Analyst-theme coverage (Zacks/Yahoo) groups GEV with other energy names benefiting from AI power demand, which can attract thematic and momentum flows. Zacks Investment Ideas feature highlights: Bloom Energy, Excelerate Energy and GE Vernova
• Positive Sentiment: Coverage pointing to a potential “growth supercycle” tied to AI-related power needs and shareholder payouts, reinforcing a case for multi-year demand tailwinds. GE Vernova Growth Supercycle Tied To AI Power And Payouts
• Positive Sentiment: High-profile endorsement from media figures increases retail visibility and can boost short-term interest. I Trust GE Vernova (GEV) CEO, Says Jim Cramer
• Neutral Sentiment: Independent/critical write-up provides a deeper look at risks and fundamentals that some investors may weigh against the bullish narrative. GE Vernova (NYSE:GEV) and Montauk Renewables (NASDAQ:MNTK) Critical Analysis

GE Vernova Trading Down 0.6%

Shares of GEV stock opened at $874.61 on Thursday. GE Vernova Inc. has a twelve month low of $252.25 and a twelve month high of $894.93. The stock has a fifty day simple moving average of $716.98 and a two-hundred day simple moving average of $645.60. The stock has a market capitalization of $235.73 billion, a price-to-earnings ratio of 49.14, a P/E/G ratio of 3.50 and a beta of 1.67.

GE Vernova (NYSE:GEV) last announced its quarterly earnings results on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, beating the consensus estimate of $2.99 by $10.40. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The firm had revenue of $10.96 billion for the quarter, compared to analyst estimates of $10.21 billion. During the same quarter last year, the firm posted $1.73 earnings per share. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. Research analysts predict that GE Vernova Inc. will post 6.59 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th will be issued a dividend of $0.50 per share. The ex-dividend date is 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 is currently 11.24%.

Analysts Set New Price Targets

A number of research analysts have recently commented on GEV shares. Citigroup upped their target price on GE Vernova from $708.00 to $779.00 and gave the company a “neutral” rating in a research note on Thursday, January 29th. Susquehanna upped their price objective on GE Vernova from $800.00 to $820.00 and gave the company a “positive” rating in a research report on Thursday, January 29th. Mizuho set a $714.00 target price on GE Vernova in a research note on Tuesday, February 3rd. William Blair reiterated an “outperform” rating on shares of GE Vernova in a research report on Wednesday, December 10th. Finally, TD Cowen upped their price target on shares of GE Vernova from $680.00 to $780.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, GE Vernova presently has an average rating of “Moderate Buy” and an average price target of $788.24.

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.