Principal Financial Group Inc. Buys 14,613 Shares of GE Vernova Inc. $GEV

Principal Financial Group Inc. raised its stake in shares of GE Vernova Inc. (NYSE:GEV) by 3.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 389,674 shares of the company’s stock after buying an additional 14,613 shares during the quarter. Principal Financial Group Inc.’s holdings in GE Vernova were worth $340,146,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of GEV. Wealth Watch Advisors INC bought a new stake in shares of GE Vernova in the 3rd quarter valued at $25,000. Cornerstone Financial Management LLC bought a new position in GE Vernova during the fourth quarter worth about $25,000. Torren Management LLC bought a new position in GE Vernova during the fourth quarter worth about $26,000. Manning & Napier Advisors LLC grew its stake in GE Vernova by 68.4% in the first quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock valued at $26,000 after acquiring an additional 13 shares during the period. Finally, ORG Wealth Partners LLC grew its stake in GE Vernova by 241.7% in the fourth 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 period.

More GE Vernova News

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

• Positive Sentiment: Analysts and market commentary highlighted GE Vernova’s strong positioning ahead of earnings, saying the company may be underestimated based on its order book and market share versus rivals. Article Title
• Positive Sentiment: GE Vernova’s aggressive $11 billion investment plan, including upgrades to Italian R&D and manufacturing sites, was framed as a catalyst for grid reliability, growth, and improved margins. Article Title
• Positive Sentiment: Technical coverage noted that GEV crossed above its 20-day moving average, a short-term bullish signal that can attract momentum-focused buyers. Article Title
• Positive Sentiment: Several pieces argued GEV remains a stronger alternative-energy play than peers, citing its stock performance, valuation, dividend, and favorable 2026 outlook. Article Title
• Neutral Sentiment: Fubon Securities initiated coverage with a Hold rating, which is not a strong positive but suggests the stock is viewed as fairly valued after its strong run. Article Title
• Neutral Sentiment: Market commentary also noted GE Vernova’s inclusion in Ray Dalio-related stock-picking chatter, but this is more of a sentiment/interest driver than a direct business catalyst. Article Title
• Negative Sentiment: One recent report said GEV fell more than the broader market in the prior session, reminding investors that the name can still see volatility around expectations. Article Title

Insiders Place Their Bets

In related news, CAO Matthew Joseph Potvin sold 2,333 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total transaction of $2,470,856.97. Following the completion of the sale, the chief accounting officer owned 3,549 shares of the company’s stock, valued at $3,758,710.41. This represents a 39.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Victor Abate sold 4,819 shares of the stock in a transaction that occurred 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 sale, the chief executive officer owned 1,835 shares in the company, valued at $1,739,726.80. This represents a 72.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.21% of the company’s stock.

GE Vernova Stock Performance

Shares of NYSE GEV opened at $1,067.16 on Wednesday. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $286.77 billion, a P/E ratio of 31.09, a P/E/G ratio of 3.85 and a beta of 1.09. GE Vernova Inc. has a 12 month low of $530.16 and a 12 month high of $1,195.94. The stock has a 50 day moving average of $1,038.73 and a 200-day moving average of $902.48.

GE Vernova (NYSE:GEV) last announced 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 net margin of 23.81% and a return on equity of 43.97%. The business had revenue of $9.34 billion for the quarter, compared to analyst estimates of $9.19 billion. During the same quarter in the prior year, the business earned $0.91 EPS. GE Vernova’s quarterly revenue was up 17.0% on a year-over-year basis. As a group, equities research analysts predict that GE Vernova Inc. will post 15.06 EPS for the current year.

GE Vernova Dividend Announcement

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

Analyst Upgrades and Downgrades

GEV has been the topic of a number of research reports. Susquehanna set a $1,300.00 price target on shares of GE Vernova in a research note on Thursday, April 23rd. Royal Bank Of Canada increased their price objective on shares of GE Vernova from $996.00 to $1,195.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Zacks Research lowered shares of GE Vernova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Erste Group Bank raised shares of GE Vernova to a “strong-buy” rating in a research report on Tuesday, March 24th. Finally, Morgan Stanley upped their target price on shares of GE Vernova from $817.00 to $960.00 and gave the stock an “overweight” rating in a research note on Monday, March 23rd. Three 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 company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,089.88.

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.