Dara Capital US Inc. Takes $1.27 Million Position in GE Vernova Inc. $GEV

Dara Capital US Inc. acquired a new stake in GE Vernova Inc. (NYSE:GEV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,944 shares of the company’s stock, valued at approximately $1,271,000. GE Vernova makes up approximately 1.1% of Dara Capital US Inc.’s portfolio, making the stock its 19th largest holding.

Other hedge funds also recently modified their holdings of the company. Synergy Asset Management LLC lifted its stake in GE Vernova by 300.0% in the 3rd quarter. Synergy Asset Management LLC now owns 1,884 shares of the company’s stock valued at $1,078,000 after purchasing an additional 1,413 shares during the last quarter. J.W. Cole Advisors Inc. lifted its stake in GE Vernova by 25.3% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 16,247 shares of the company’s stock valued at $9,990,000 after purchasing an additional 3,278 shares during the last quarter. Kercheville Advisors LLC lifted its stake in GE Vernova by 238.3% in the 3rd quarter. Kercheville Advisors LLC now owns 4,905 shares of the company’s stock valued at $3,016,000 after purchasing an additional 3,455 shares during the last quarter. Rakuten Investment Management Inc. acquired a new stake in GE Vernova in the 3rd quarter valued at about $18,601,000. Finally, US Bancorp DE lifted its stake in GE Vernova by 2.2% in the 3rd quarter. US Bancorp DE now owns 100,542 shares of the company’s stock valued at $61,824,000 after purchasing an additional 2,163 shares during the last quarter.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: Multiple analysts raised ratings/targets and estimates (Susquehanna, Barclays, Goldman Sachs, Erste), driving bullish investor sentiment and supporting higher price targets. GE Vernova (GEV) Stock Is Up, What You Need To Know
• Positive Sentiment: Strategic Europe expansion: signed an MoU with Hungary’s MVM to explore cooperation on generation and grid projects, reinforcing European growth optionality. GE Vernova’s Hungary MoU Adds To Europe Growth And Valuation Debate
• Positive Sentiment: Nuclear services foothold in Europe: Hitachi/GE Vernova signed a main services agreement with AFRY to advance deployment of the BWRX-300 SMR in Europe, expanding addressable markets for high-margin services. GE Vernova Extends Nuclear Ambitions In Europe With New SMR Services Deal
• Neutral Sentiment: Positive sector narrative and media coverage highlight accelerating demand (data center power, grid modernization), but several pieces also note a premium valuation that could temper near-term upside. GE Vernova Is In the Right Place at the Right Time
• Negative Sentiment: Lawsuit from Vineyard Wind seeking to block GE Vernova unit from abandoning work on a $4.5B offshore-wind farm — introduces legal, schedule and potential penalty risk at a high-profile project. Vineyard Wind sues GE Vernova to block it from abandoning work on wind farm
• Negative Sentiment: Short interest jumped ~22.8% in March to ~7.29M shares (≈2.7% of shares short), increasing days-to-cover to ~2.5 — a rise in bearish positioning that can amplify downside on negative news or sell-offs.

Analysts Set New Price Targets

Several brokerages recently issued reports on GEV. The Goldman Sachs Group raised their target price on shares of GE Vernova from $840.00 to $925.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Wall Street Zen upgraded shares of GE Vernova from a “hold” rating to a “buy” rating in a research report on Saturday, January 31st. TD Cowen raised their price objective on shares of GE Vernova from $680.00 to $780.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Mizuho set a $714.00 price objective on shares of GE Vernova in a research report on Tuesday, February 3rd. Finally, Wells Fargo & Company raised their price objective on shares of GE Vernova from $831.00 to $896.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 31st. Three investment 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.com, the company presently has an average rating of “Buy” and an average price target of $874.91.

GE Vernova Trading Up 2.5%

NYSE GEV opened at $991.80 on Friday. GE Vernova Inc. has a 1-year low of $306.00 and a 1-year high of $999.43. The company has a 50 day moving average of $847.25 and a 200-day moving average of $702.06. The company has a market cap of $266.66 billion, a price-to-earnings ratio of 55.72, a PEG ratio of 3.90 and a beta of 1.43.

GE Vernova (NYSE:GEV) last released its quarterly earnings results on Wednesday, January 28th. The company reported $13.39 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $10.40. GE Vernova had a net margin of 12.83% and a return on equity of 46.91%. The company had revenue of $10.96 billion during 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. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. On average, equities research analysts forecast that GE Vernova Inc. will post 6.59 earnings per share for the current year.

GE Vernova Dividend Announcement

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

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.