Rep. Austin Scott Sells Off Shares of GE Vernova Inc. (NYSE:GEV)

Representative Austin Scott (Republican-Georgia) recently sold shares of GE Vernova Inc. (NYSE:GEV). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in GE Vernova stock on February 17th. The trade occurred in the Representative’s “VIVIEN G SCOTT IRA” account.

Representative Austin Scott also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 2/17/2026.

GE Vernova Price Performance

NYSE:GEV opened at $882.66 on Tuesday. GE Vernova Inc. has a one year low of $252.25 and a one year high of $920.63. The business has a fifty day moving average price of $784.19 and a 200-day moving average price of $674.79. The firm has a market capitalization of $237.90 billion, a price-to-earnings ratio of 49.59, a price-to-earnings-growth ratio of 3.39 and a beta of 1.44.

GE Vernova (NYSE:GEV) last released its earnings results on Wednesday, January 28th. The company reported $13.39 earnings per share 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 company had revenue of $10.96 billion for the quarter, compared to the consensus estimate of $10.21 billion. During the same period in the previous year, the business earned $1.73 earnings per share. GE Vernova’s quarterly revenue was up 3.8% compared to the same quarter last year. On average, equities research analysts expect that GE Vernova Inc. will post 6.59 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 17th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Tuesday, March 17th. GE Vernova’s dividend payout ratio is 11.24%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on GEV. China Renaissance raised GE Vernova to a “strong-buy” rating in a research report on Thursday, January 29th. Wall Street Zen raised shares of GE Vernova from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. William Blair restated an “outperform” rating on shares of GE Vernova in a research note on Wednesday, December 10th. The Goldman Sachs Group lifted their price target on shares of GE Vernova from $840.00 to $925.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Finally, Barclays reiterated an “overweight” rating and issued a $849.00 price target on shares of GE Vernova in a research report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $837.25.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GEV. Brighton Jones LLC boosted its position in shares of GE Vernova by 29.4% during the fourth quarter. Brighton Jones LLC now owns 3,315 shares of the company’s stock worth $1,091,000 after acquiring an additional 753 shares during the last quarter. Schnieders Capital Management LLC. increased its holdings in GE Vernova by 1.7% in the 2nd quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company’s stock valued at $828,000 after acquiring an additional 26 shares during the last quarter. Vestmark Advisory Solutions Inc. purchased a new stake in GE Vernova in the 2nd quarter worth $212,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake in GE Vernova by 92.8% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,982 shares of the company’s stock worth $3,165,000 after purchasing an additional 2,879 shares in the last quarter. Finally, ProShare Advisors LLC boosted its holdings in shares of GE Vernova by 8.2% during the 2nd quarter. ProShare Advisors LLC now owns 48,070 shares of the company’s stock valued at $25,436,000 after purchasing an additional 3,638 shares during the last quarter.

About Representative Scott

Austin Scott (Republican Party) is a member of the U.S. House, representing Georgia’s 8th Congressional District. He assumed office on January 3, 2011. His current term ends on January 3, 2027.

Scott (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 8th Congressional District. He declared candidacy for the 2026 election.

Scott’s professional experience includes working as an Agent and Owner with The Southern Group, Limited Liability Company, Senior Agent with The Principal Financial Group from 1993 to 1998 and an Agent with the Life of the South Agency from 1992 to 1993.

He is a member of the American Red Cross – Coastal Plains Chapter Board, National Association of Insurance Financial Advisers, First Baptist Church of Tifton and the American Legislative Exchange Council.

Scott graduated from the University of Georgia with a B.B.A. in risk management and insurance.

GE Vernova Company 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.