Fulton Bank N.A. Purchases 1,614 Shares of GE Vernova Inc. $GEV

Fulton Bank N.A. boosted its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 153.9% during the 1st quarter, Holdings Channel reports. The fund owned 2,663 shares of the company’s stock after buying an additional 1,614 shares during the period. Fulton Bank N.A.’s holdings in GE Vernova were worth $2,325,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Onyx Bridge Wealth Group LLC raised its stake in GE Vernova by 1.3% in the first quarter. Onyx Bridge Wealth Group LLC now owns 727 shares of the company’s stock worth $635,000 after buying an additional 9 shares in the last quarter. Red Door Wealth Management LLC increased its holdings in shares of GE Vernova by 0.6% in the 1st quarter. Red Door Wealth Management LLC now owns 1,774 shares of the company’s stock valued at $1,548,000 after acquiring an additional 10 shares during the period. Bell Investment Advisors Inc raised its position in shares of GE Vernova by 5.2% in the 1st quarter. Bell Investment Advisors Inc now owns 221 shares of the company’s stock worth $193,000 after acquiring an additional 11 shares in the last quarter. Sky Investment Group LLC lifted its stake in shares of GE Vernova by 0.5% during the 1st quarter. Sky Investment Group LLC now owns 2,405 shares of the company’s stock worth $2,099,000 after purchasing an additional 12 shares during the last quarter. Finally, Hilton Head Capital Partners LLC lifted its stake in shares of GE Vernova by 2.6% during the 1st quarter. Hilton Head Capital Partners LLC now owns 476 shares of the company’s stock worth $416,000 after purchasing an additional 12 shares during the last quarter.

Insiders Place Their Bets

In related news, CEO Victor Abate sold 4,819 shares of the firm’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 completion of the transaction, the chief executive officer owned 1,835 shares in the company, valued at $1,739,726.80. This trade represents a 72.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Matthew Joseph Potvin sold 2,333 shares of GE Vernova stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $1,059.09, for a total value of $2,470,856.97. Following the sale, the chief accounting officer directly owned 3,549 shares of the company’s stock, 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. 0.21% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on GEV shares. Susquehanna set a $1,300.00 target price on shares of GE Vernova in a report on Thursday, April 23rd. BMO Capital Markets lifted their price objective on shares of GE Vernova from $1,110.00 to $1,250.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. TD Cowen boosted their price objective on shares of GE Vernova from $780.00 to $1,220.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group reissued a “buy” rating and set a $1,328.00 target price on shares of GE Vernova in a research report on Friday, April 24th. Finally, 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. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, GE Vernova currently has a consensus rating of “Moderate Buy” and an average target price of $1,089.88.

GE Vernova Stock Performance

Shares of GE Vernova stock opened at $1,133.65 on Thursday. The firm has a market capitalization of $304.64 billion, a P/E ratio of 33.02, a PEG ratio of 4.35 and a beta of 1.08. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.19. The company has a 50 day moving average price of $1,039.84 and a 200 day moving average price of $875.23. GE Vernova Inc. has a 52 week low of $497.30 and a 52 week high of $1,181.95.

GE Vernova (NYSE:GEV) last released its earnings results on Wednesday, April 22nd. The company reported $17.44 earnings per share for the quarter, topping the consensus estimate of $1.95 by $15.49. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The company had revenue of $9.34 billion for the quarter, compared to the consensus estimate of $9.19 billion. During the same quarter in the previous year, the firm earned $0.91 EPS. GE Vernova’s revenue was up 17.0% compared to the same quarter last year. Sell-side analysts expect that GE Vernova Inc. will post 14.99 EPS for the current year.

GE Vernova Announces Dividend

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

GE Vernova News Summary

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

• Positive Sentiment: Bernstein reiterated a Buy/Outperform stance on GE Vernova, while other commentary highlighted continued support from strong gas turbine demand, AI data center power needs, and raised 2026 guidance. Bernstein Sticks to Their Buy Rating for GE Vernova Inc. (GEV)
• Positive Sentiment: Analysts remain upbeat on earnings power, with Erste Group nudging up FY2027 EPS estimates and keeping a Strong Buy rating, reinforcing expectations for continued profit growth. GE Vernova (GEV) Dips More Than Broader Market: What You Should Know
• Positive Sentiment: The stock continues to benefit from strong momentum themes, including AI-driven turbine demand and repeated mention as a trending stock and market leader, which can attract additional buying interest. AI-Driven Turbine Demand Propels GE Vernova, IBD Stock of the Day, Toward All-Time High
• Neutral Sentiment: Several articles focused on an upcoming earnings report, suggesting investors are waiting for fresh numbers and guidance before making larger moves. Earnings preview: What to expect from GE Vernova’s report
• Neutral Sentiment: GE Vernova is also being discussed as a “trending stock,” which reflects heightened investor attention but does not by itself change the fundamental outlook. Here is What to Know Beyond Why GE Vernova Inc. (GEV) is a Trending Stock
• Negative Sentiment: The main bearish factor is valuation: the stock has surged sharply year-to-date, and some investors appear to be taking profits after a big run, especially with expectations already elevated. GE Vernova Trades at a Premium Valuation: Buy, Hold or Sell the Stock?

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.