Ge Vernova Inc

More Details of GE Vernova Inc Company

GE Vernova Inc. is a global energy company. It designs, manufactures, delivers, and services technologies to create a sustainable electric power system, enabling electrification and decarbonization. Its segments include Power, Wind and Electrification. Power segment includes design, manufacture, and servicing of gas, nuclear, hydro and steam technologies, providing a critical foundation of dispatchable, flexible, stable and reliable power. Wind segment includes its wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification segment includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, storage and orchestration of electricity from point of generation to point of consumption. Its accelerator businesses include consulting services, advanced research and financial services. It has over 57,000 wind turbines and 7,000 gas turbines.

Company Info

Ticker SymbolGEV

Company nameGE Vernova Inc

IPO dateFeb 26, 2024

Founded at2023

CEOMs. Mavi Zingoni

Number of employees75000

Security typeOrdinary Share

Fiscal year-endFeb 26

Address- -

City- -

Stock exchangeNYSE Consolidated

Country- -

Postal code- -

Phone- -

Website- -

Ticker SymbolGEV

IPO dateFeb 26, 2024

Founded at2023

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Kenneth Scott (Ken) Parks, CPA

Chief Financial Officer

10.89K

+18.93%

Mr. Steven Baert

Chief People Officer

5.64K

+351.36%

Mr. Victor Abate

Chief Executive Officer - Wind

4.82K

+38.64%

Mr. Stephen F. (Steve) Angel

Independent Non-Executive Chairman of the Board

4.09K

+48.08%

Ms. Paula Rosput Reynolds

Independent Director

2.85K

+87.20%

Mr. Nicholas K. Akins

Independent Director

1.35K

+7.38K%

Mr. Matthew C. (Matt) Harris

Independent Director

695.00

--

Ms. Kim K.W. Rucker

Independent Director

--

Mr. Scott L. Strazik

Chief Executive Officer, Director

--

Mr. Jesus (Jay) Malave, Jr.

Independent Director

--

Name

Name/Position

Position

Shareholding

Change

Mr. Kenneth Scott (Ken) Parks, CPA

Chief Financial Officer

10.89K

+18.93%

Mr. Steven Baert

Chief People Officer

5.64K

+351.36%

Mr. Victor Abate

Chief Executive Officer - Wind

4.82K

+38.64%

Mr. Stephen F. (Steve) Angel

Independent Non-Executive Chairman of the Board

4.09K

+48.08%

Ms. Paula Rosput Reynolds

Independent Director

2.85K

+87.20%

Mr. Nicholas K. Akins

Independent Director

1.35K

+7.38K%

Revenue Breakdown

Currency: USDUpdated: Sun, Apr 6

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2021

By BusinessUSD

Name

Revenue

Proportion

Equipment

-442.00M

-1.27%

Other

-442.00M

-1.27%

By RegionUSD

Name

Revenue

Proportion

U.S.

14.68B

42.02%

Europe

8.32B

23.83%

Asia

4.70B

13.45%

Middle East and Africa

4.19B

12.01%

Americas

3.04B

8.70%

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Equipment

-442.00M

-1.27%

Other

-442.00M

-1.27%

Shareholding Stats

Updated: Sat, May 17

Shareholders

Shareholder Types

Shareholders

Proportion

The Vanguard Group, Inc.

8.90%

Fidelity Management & Research Company LLC

7.59%

BlackRock Institutional Trust Company, N.A.

4.73%

Capital International Investors

4.44%

State Street Global Advisors (US)

3.99%

Other

70.35%

Shareholders

Proportion

The Vanguard Group, Inc.

8.90%

Fidelity Management & Research Company LLC

7.59%

BlackRock Institutional Trust Company, N.A.

4.73%

Capital International Investors

4.44%

State Street Global Advisors (US)

3.99%

Other

70.35%

Shareholder Types

Shareholders

Proportion

Investment Advisor

37.72%

Investment Advisor/Hedge Fund

26.83%

Hedge Fund

5.25%

Bank and Trust

2.83%

Research Firm

2.63%

Pension Fund

1.76%

Sovereign Wealth Fund

1.53%

Family Office

0.14%

Insurance Company

0.11%

Other

21.21%

Institutional Shareholding

Updated: Thu, Feb 20

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

2731

226.44M

82.96%

-2.27M

2024Q4

2559

220.10M

79.77%

-6.48M

2024Q3

2175

220.32M

79.93%

-347.05K

2024Q2

1826

223.36M

81.31%

+125.86M

2024Q1

83

8.15M

3.00%

+8.15M

2023Q4

1

2.79K

0.00%

+2.79K

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

The Vanguard Group, Inc.

23.85M

8.72%

-3.54M

-12.92%

Dec 31, 2024

Fidelity Management & Research Company LLC

22.03M

8.06%

+832.55K

+3.93%

Dec 31, 2024

BlackRock Institutional Trust Company, N.A.

12.76M

4.67%

+1.01M

+8.59%

Dec 31, 2024

Capital International Investors

14.85M

5.43%

+2.99M

+25.25%

Dec 31, 2024

State Street Global Advisors (US)

10.78M

3.95%

+349.37K

+3.35%

Dec 31, 2024

Geode Capital Management, L.L.C.

5.79M

2.12%

+195.83K

+3.50%

Dec 31, 2024

Coatue Management, L.L.C.

3.86M

1.41%

-78.62K

-1.99%

Dec 31, 2024

Newport Trust Company, LLC

3.67M

1.34%

-40.20K

-1.08%

Dec 31, 2024

Norges Bank Investment Management (NBIM)

3.37M

1.23%

+636.70K

+23.26%

Dec 31, 2024

Fidelity Institutional Asset Management

2.83M

1.03%

-18.40K

-0.65%

Dec 31, 2024

Related ETFs

Updated: Fri, Jun 6

Name

Proportion

First Trust US Equity Opportunities ETF

9.13%

Invesco S&P Spin-Off ETF

9.09%

Fidelity Clean Energy ETF

7.6%

Carbon Collective Climate Solutions U.S. Equity ETF

7.43%

Spear Alpha ETF

6.88%

ProShares S&P Kensho Cleantech ETF

6.36%

Invesco Dorsey Wright Utilities Momentum ETF

5.46%

SPDR S&P Kensho Clean Power ETF

5.37%

Grizzle Growth ETF

5.02%

AdvisorShares HVAC and Industrials ETF

4.83%

First Trust US Equity Opportunities ETF

Proportion9.13%

Invesco S&P Spin-Off ETF

Proportion9.09%

Fidelity Clean Energy ETF

Proportion7.6%

Carbon Collective Climate Solutions U.S. Equity ETF

Proportion7.43%

Spear Alpha ETF

Proportion6.88%

ProShares S&P Kensho Cleantech ETF

Proportion6.36%

Invesco Dorsey Wright Utilities Momentum ETF

Proportion5.46%

SPDR S&P Kensho Clean Power ETF

Proportion5.37%

Grizzle Growth ETF

Proportion5.02%

AdvisorShares HVAC and Industrials ETF

Proportion4.83%

Dividend

A total of 0.00 USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Dec 10, 2024

GEV.NB Final Cash Dividend of gross USD 0.25 paid on Jan 28, 2025 going ex on Dec 20, 2024

Dec 20, 2024

Jan 28, 2025

Dec 20, 2024

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

478.450USD

Ge Vernova Inc

478.450

Overview

Company