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

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 Stock Up 2.8%

NYSE GEV traded up $25.83 during trading hours on Wednesday, hitting $935.24. 1,987,401 shares of the company were exchanged, compared to its average volume of 2,881,859. The company has a 50 day moving average of $789.33 and a two-hundred day moving average of $677.10. The firm has a market cap of $252.08 billion, a price-to-earnings ratio of 52.52, a PEG ratio of 3.51 and a beta of 1.45. GE Vernova Inc. has a 52-week low of $252.25 and a 52-week high of $948.38.

GE Vernova (NYSE:GEVGet Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The company reported $13.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.99 by $10.40. The company had revenue of $10.96 billion during the quarter, compared to the consensus estimate of $10.21 billion. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.GE Vernova’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.73 EPS. On average, equities research analysts predict that GE Vernova Inc. will post 6.59 EPS for the current 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 given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio is currently 11.24%.

GE Vernova News Roundup

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

Institutional Trading of GE Vernova

Hedge funds and other institutional investors have recently bought and sold shares of the company. Synergy Asset Management LLC lifted its holdings in shares of GE Vernova by 300.0% during the third quarter. Synergy Asset Management LLC now owns 1,884 shares of the company’s stock worth $1,078,000 after purchasing an additional 1,413 shares during the period. J.W. Cole Advisors Inc. grew its position in shares of GE Vernova by 25.3% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 16,247 shares of the company’s stock worth $9,990,000 after buying an additional 3,278 shares during the period. Kercheville Advisors LLC increased its stake in shares of 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 acquiring an additional 3,455 shares in the last quarter. Rakuten Investment Management Inc. acquired a new position in shares of GE Vernova during the third quarter valued at about $18,601,000. Finally, US Bancorp DE raised its stake in GE Vernova by 2.2% during the 3rd quarter. US Bancorp DE now owns 100,542 shares of the company’s stock worth $61,824,000 after buying an additional 2,163 shares during the period.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on GEV shares. China Renaissance upgraded shares of GE Vernova to a “strong-buy” rating in a research report on Thursday, January 29th. Wall Street Zen raised GE Vernova from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Barclays restated an “overweight” rating and set a $849.00 price objective on shares of GE Vernova in a research report on Monday, February 2nd. William Blair reaffirmed an “outperform” rating on shares of GE Vernova in a research note on Wednesday, December 10th. Finally, Glj Research lifted their price objective on GE Vernova from $758.00 to $1,087.00 and gave the company a “buy” rating in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $837.25.

View Our Latest Research Report on GEV

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.

About GE Vernova

(Get 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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