B. Metzler seel. Sohn & Co. AG Has $8.97 Million Stock Holdings in GE Vernova Inc. $GEV

B. Metzler seel. Sohn & Co. AG grew its position in GE Vernova Inc. (NYSE:GEVFree Report) by 4.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,719 shares of the company’s stock after purchasing an additional 551 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in GE Vernova were worth $8,970,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. Brighton Jones LLC increased its holdings in GE Vernova by 29.4% during 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 in the last quarter. Schnieders Capital Management LLC. increased its holdings in GE Vernova by 1.7% during the 2nd quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company’s stock valued at $828,000 after purchasing an additional 26 shares in the last quarter. Jump Financial LLC acquired a new stake in GE Vernova during the 2nd quarter valued at $258,000. Ossiam acquired a new stake in GE Vernova during the 2nd quarter valued at $42,000. Finally, Nebula Research & Development LLC increased its holdings in GE Vernova by 23.9% during the 2nd quarter. Nebula Research & Development LLC now owns 1,674 shares of the company’s stock valued at $886,000 after purchasing an additional 323 shares in the last quarter.

GE Vernova Stock Up 2.1%

Shares of GEV opened at $1,151.01 on Friday. The firm has a market capitalization of $309.46 billion, a price-to-earnings ratio of 33.53, a PEG ratio of 4.36 and a beta of 1.43. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.73 and a current ratio of 0.89. The business’s fifty day moving average price is $890.83 and its two-hundred day moving average price is $727.35. GE Vernova Inc. has a 52 week low of $337.31 and a 52 week high of $1,181.95.

GE Vernova (NYSE:GEVGet Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $15.49. The firm had revenue of $9.34 billion for the quarter, compared to analyst estimates of $9.19 billion. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The business’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same period last year, the company earned $0.91 EPS. On average, analysts predict that GE Vernova Inc. will post 14.37 earnings per share for the current year.

GE Vernova Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 17th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, March 17th. GE Vernova’s dividend payout ratio (DPR) is currently 11.24%.

Analyst Upgrades and Downgrades

GEV has been the subject of a number of recent analyst reports. Glj Research raised their price target on GE Vernova from $758.00 to $1,087.00 and gave the company a “buy” rating in a report on Monday, January 12th. Jefferies Financial Group reaffirmed a “buy” rating and set a $930.00 price target on shares of GE Vernova in a report on Thursday, January 29th. Citigroup raised their price target on GE Vernova from $779.00 to $1,110.00 and gave the company a “neutral” rating in a report on Monday, April 13th. The Goldman Sachs Group raised their price target on GE Vernova from $840.00 to $925.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Finally, Susquehanna set a $1,300.00 price target on GE Vernova in a report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given 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 an average target price of $1,041.57.

Get Our Latest Stock Analysis on GE Vernova

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GE Vernova Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for GE Vernova (NYSE:GEV)

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