Meitav Investment House Ltd. Boosts Holdings in GE Vernova Inc. $GEV

Meitav Investment House Ltd. lifted its stake in GE Vernova Inc. (NYSE:GEV) by 65.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,990 shares of the company’s stock after buying an additional 790 shares during the quarter. Meitav Investment House Ltd.’s holdings in GE Vernova were worth $1,736,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Auto Owners Insurance Co boosted its holdings in GE Vernova by 110,973.4% during the fourth quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company’s stock worth $2,278,224,000 after buying an additional 34,826,773 shares in the last quarter. Norges Bank purchased a new position in GE Vernova in the fourth quarter valued at $2,283,114,000. Northwestern Mutual Wealth Management Co. raised its position in shares of GE Vernova by 5,171.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,452,858 shares of the company’s stock worth $1,603,114,000 after acquiring an additional 2,406,326 shares during the period. Capital World Investors raised its position in shares of GE Vernova by 1,907.5% in the third quarter. Capital World Investors now owns 2,156,197 shares of the company’s stock worth $1,325,842,000 after acquiring an additional 2,048,792 shares during the period. Finally, Corient Private Wealth LLC boosted its stake in shares of GE Vernova by 2,802.8% during the 4th quarter. Corient Private Wealth LLC now owns 1,608,714 shares of the company’s stock worth $1,051,407,000 after acquiring an additional 1,553,295 shares in the last quarter.

Insider Transactions at GE Vernova

In other GE Vernova news, CEO Victor Abate sold 4,819 shares of GE Vernova stock in a transaction dated Monday, June 1st. The shares were 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 trade represents a 72.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $1,059.09, for a total transaction of $2,470,856.97. Following the completion of the transaction, the chief accounting officer owned 3,549 shares in the company, valued at approximately $3,758,710.41. This represents a 39.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is owned by company insiders.

More GE Vernova News

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 Analyst Weigh In

A number of brokerages have issued reports on GEV. Oppenheimer set a $1,303.00 price target on GE Vernova in a research report on Thursday, April 23rd. Wells Fargo & Company upped their target price on GE Vernova from $831.00 to $896.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 31st. Argus set a $1,300.00 target price on GE Vernova in a research report on Monday, April 27th. Zacks Research lowered GE Vernova from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Finally, Citigroup boosted their price target on shares of GE Vernova from $779.00 to $1,110.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,089.88.

GE Vernova Stock Performance

Shares of GE Vernova stock opened at $1,083.00 on Wednesday. GE Vernova Inc. has a 52 week low of $511.50 and a 52 week high of $1,195.94. The business’s fifty day simple moving average is $1,040.73 and its 200-day simple moving average is $887.94. The firm has a market cap of $291.02 billion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 4.25 and a beta of 1.09. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.19.

GE Vernova (NYSE:GEV) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $15.49. The firm had revenue of $9.34 billion during the quarter, compared to the consensus estimate of $9.19 billion. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The company’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period last year, the company earned $0.91 EPS. Equities analysts forecast that GE Vernova Inc. will post 15.05 earnings per share for the current year.

GE Vernova Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders 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 yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 16th. GE Vernova’s dividend payout ratio (DPR) is 5.83%.

GE Vernova Profile

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.