Rice Partnership LLC Sells 3,277 Shares of GE Vernova Inc. $GEV

Rice Partnership LLC lowered its stake in GE Vernova Inc. (NYSE:GEV) by 27.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,499 shares of the company’s stock after selling 3,277 shares during the quarter. GE Vernova comprises approximately 1.0% of Rice Partnership LLC’s holdings, making the stock its 29th largest holding. Rice Partnership LLC’s holdings in GE Vernova were worth $7,419,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Manning & Napier Advisors LLC lifted its position in shares of GE Vernova by 68.4% in the first quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock worth $26,000 after buying an additional 13 shares in the last quarter. Torren Management LLC purchased a new position in shares of GE Vernova in the fourth quarter valued at $26,000. Cornerstone Financial Management LLC purchased a new position in shares of GE Vernova in the 4th quarter worth $25,000. Wealth Watch Advisors INC purchased a new stake in shares of GE Vernova during the 3rd quarter valued at about $25,000. Finally, ORG Wealth Partners LLC lifted its holdings in shares of 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 acquiring an additional 29 shares during the last quarter.

Analyst Ratings Changes

Several research firms recently commented on GEV. Zacks Research lowered GE Vernova from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Citigroup lifted their target price on GE Vernova from $779.00 to $1,110.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. Argus set a $1,300.00 target price on GE Vernova in a research report on Monday, April 27th. Guggenheim increased their price target on GE Vernova from $910.00 to $1,300.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Finally, TD Cowen raised their price target on GE Vernova from $780.00 to $1,220.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,089.88.

Insiders Place Their Bets

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 value of $4,568,797.52. Following the transaction, the chief executive officer owned 1,835 shares of the company’s stock, valued at $1,739,726.80. This represents a 72.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the company’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 transaction, the chief accounting officer directly owned 3,549 shares in the company, valued at $3,758,710.41. This trade represents a 39.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is owned by insiders.

More GE Vernova News

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

• Positive Sentiment: GE Vernova heads into earnings with a strong setup, as investors expect the company to report solid results that could extend its sharp 2026 run. GE Vernova’s Next Earnings Report on July 22 Could Send the Stock Soaring. Here’s Why.
• Positive Sentiment: The company’s sold-out gas turbines are a key signal that demand remains very strong, which supports revenue visibility and pricing power. What GE Vernova’s sold-out gas turbines represent for energy company
• Positive Sentiment: GE Vernova stock is trading higher ahead of its second-quarter results, reflecting optimism that earnings and guidance could come in better than expected. GE Vernova Stock Powers Higher Ahead of Earnings
• Positive Sentiment: Rising power demand from AI data centers is being seen as a major tailwind for GE Vernova, with investors rotating into industrial names tied to electrification. AI Data Centers Need Power, and These 2 Industrials Are Cashing In
• Neutral Sentiment: GE Vernova is included in broader market coverage this week as one of several notable companies reporting earnings, but this is more of a calendar item than a direct catalyst. Dow Jones Futures Fall As U.S.-Iran Attacks Escalate; Google, Tesla, AMD Ahead
• Neutral Sentiment: Commentary on the week’s earnings and geopolitical backdrop provides context for market sentiment, but it does not materially change GE Vernova’s near-term outlook. Big Tech earnings test tech’s big rotation: What to watch this week
• Neutral Sentiment: General “green energy” bullishness is supportive for the sector, but the articles are broad and not specific to a new company-level development. 3 Green Energy Stocks to Buy in July
• Neutral Sentiment: Another sector-focused article highlights renewables and electrification trends, which supports the investment case but does not add a fresh catalyst for GEV specifically. 3 Green Energy Stocks to Buy in July
• Neutral Sentiment: GE Vernova is also mentioned in a list of industrial growth stocks, reinforcing the long-term AI and electrification narrative. 5 Stocks Poised to Outperform With Their Best Growth Still Ahead

GE Vernova Stock Up 2.0%

Shares of NYSE GEV opened at $1,079.21 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.89 and a quick ratio of 0.65. The company has a market cap of $290.01 billion, a P/E ratio of 31.44, a PEG ratio of 3.90 and a beta of 1.09. GE Vernova Inc. has a 1 year low of $530.16 and a 1 year high of $1,195.94. The firm has a 50-day simple moving average of $1,037.65 and a two-hundred day simple moving average of $913.55.

GE Vernova (NYSE:GEV) last released its 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 firm had revenue of $9.34 billion for the quarter, compared to analysts’ expectations of $9.19 billion. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The company’s quarterly revenue was up 17.0% on a year-over-year basis. Research analysts anticipate that GE Vernova Inc. will post 15.06 earnings per share for the current year.

GE Vernova Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th were issued a dividend of $0.50 per share. The ex-dividend date was Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova’s payout ratio is presently 5.83%.

About GE Vernova

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.