GE Vernova Inc. $GEV Stock Holdings Lowered by Andrew Hill Investment Advisors Inc.

Andrew Hill Investment Advisors Inc. lowered its position in shares of GE Vernova Inc. (NYSE:GEV) by 26.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,714 shares of the company’s stock after selling 1,672 shares during the period. GE Vernova accounts for 2.3% of Andrew Hill Investment Advisors Inc.’s portfolio, making the stock its 17th biggest holding. Andrew Hill Investment Advisors Inc.’s holdings in GE Vernova were worth $3,081,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jackson Grant Investment Advisers Inc. grew its position in GE Vernova by 344.4% in the 3rd quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company’s stock valued at $25,000 after buying an additional 31 shares in the last quarter. Wealth Watch Advisors INC bought a new position in GE Vernova in the 3rd quarter valued at about $25,000. ORG Wealth Partners LLC grew its position in GE Vernova by 241.7% in the 4th quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock valued at $27,000 after buying an additional 29 shares in the last quarter. Bay Harbor Wealth Management LLC grew its position in GE Vernova by 537.5% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 51 shares of the company’s stock valued at $31,000 after buying an additional 43 shares in the last quarter. Finally, Monetary Management Group Inc. bought a new position in GE Vernova in the 2nd quarter valued at about $32,000.

GE Vernova News Summary

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.

GE Vernova Price Performance

Shares of GEV opened at $991.80 on Monday. GE Vernova Inc. has a one year low of $306.00 and a one year high of $999.43. The company has a 50-day moving average of $847.25 and a two-hundred day moving average of $702.58. The stock 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 announced its earnings results on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $10.21 billion. During the same period last year, the company posted $1.73 earnings per share. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. Analysts anticipate that GE Vernova Inc. will post 6.59 earnings per share for the current year.

GE Vernova Dividend Announcement

The business 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 of this dividend is Tuesday, March 17th. GE Vernova’s dividend payout ratio is 11.24%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Susquehanna upped their price target on shares of GE Vernova from $820.00 to $1,080.00 and gave the company a “positive” rating in a report on Thursday. China Renaissance raised shares of GE Vernova to a “strong-buy” rating in a research note on Thursday, January 29th. Barclays increased their target price on shares of GE Vernova from $849.00 to $993.00 and gave the company an “overweight” rating in a research note on Wednesday, April 1st. TD Cowen increased their target price on shares of GE Vernova from $680.00 to $780.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Finally, Oppenheimer reissued an “outperform” rating on shares of GE Vernova in a research note on Thursday, January 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $874.91.

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.