Swedbank AB Has $125.03 Million Stock Holdings in GE Vernova Inc. $GEV

Swedbank AB trimmed its stake in GE Vernova Inc. (NYSE:GEVFree Report) by 8.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 143,233 shares of the company’s stock after selling 13,539 shares during the quarter. Swedbank AB’s holdings in GE Vernova were worth $125,028,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GEV. Cornerstone Financial Management LLC acquired a new stake in shares of GE Vernova in the 4th quarter valued at approximately $25,000. Wealth Watch Advisors INC acquired a new position in GE Vernova during the third quarter worth $25,000. Torren Management LLC acquired a new position in GE Vernova during the fourth quarter worth $26,000. ORG Wealth Partners LLC raised its position in GE Vernova by 241.7% during the fourth quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock worth $27,000 after acquiring an additional 29 shares in the last quarter. Finally, Navalign LLC bought a new stake in GE Vernova during the fourth quarter worth $27,000.

Insider Activity at GE Vernova

In other GE Vernova news, CEO Victor Abate sold 4,819 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the completion of the sale, the chief executive officer directly owned 1,835 shares in the company, valued at $1,739,726.80. This represents a 72.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total value of $2,470,856.97. Following the completion of the sale, the chief accounting officer directly owned 3,549 shares in the company, valued at approximately $3,758,710.41. This represents a 39.66% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.21% of the company’s stock.

GE Vernova Stock Performance

NYSE:GEV opened at $1,083.00 on Wednesday. The company has a market cap of $291.02 billion, a price-to-earnings ratio of 31.55, a PEG ratio of 4.25 and a beta of 1.09. GE Vernova Inc. has a fifty-two week low of $511.50 and a fifty-two week high of $1,195.94. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 0.89. The stock has a fifty day moving average price of $1,040.73 and a 200-day moving average price of $887.94.

GE Vernova (NYSE:GEVGet Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $15.49. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The business had revenue of $9.34 billion during the quarter, compared to the consensus estimate of $9.19 billion. During the same quarter in the previous year, the firm earned $0.91 earnings per share. GE Vernova’s revenue for the quarter was up 17.0% compared to the same quarter last year. As a group, equities analysts anticipate that GE Vernova Inc. will post 15.05 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio (DPR) is currently 5.83%.

Key Headlines Impacting GE Vernova

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

  • Negative Sentiment: GE Vernova fell alongside a broader market risk-off move, with Nasdaq weakness tied to AI-related concerns and higher oil prices weighing on sentiment across growth and industrial names.
  • Negative Sentiment: A Wall Street downgrade of Siemens Energy sparked selling across power-generation equipment stocks, including GE Vernova, as investors reassessed the group’s near-term valuation and sector momentum. Article Title
  • Negative Sentiment: Recent commentary noted that GEV has already had a huge run on AI-related power demand, but its elevated multiple and the fact that the stock is trading above consensus price targets leave it exposed to pullbacks if execution disappoints. Article Title
  • Neutral Sentiment: One article framed GE Vernova as a key beneficiary of AI-driven electricity demand, supported by strong Q1 results, rising backlog, and management’s raised 2026 guidance—an underlying positive for the stock, though not enough to offset today’s market pressure. Article Title

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Jefferies Financial Group decreased their price objective on shares of GE Vernova from $1,350.00 to $1,210.00 and set a “buy” rating for the company in a research report on Thursday, June 11th. Guggenheim raised their target price on shares of GE Vernova from $910.00 to $1,300.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Weiss Ratings upgraded GE Vernova from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, April 24th. BNP Paribas Exane lowered GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 price objective on the stock. in a research note on Monday, April 27th. Finally, Royal Bank Of Canada lifted their target price on shares of GE Vernova from $996.00 to $1,195.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,089.88.

Read Our Latest Stock Report on GEV

GE Vernova 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.

Featured Articles

Want to see what other hedge funds are holding GEV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE Vernova Inc. (NYSE:GEVFree Report).

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

Receive News & Ratings for GE Vernova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE Vernova and related companies with MarketBeat.com's FREE daily email newsletter.