Fifth Third Bancorp has increased its stake in GE Vernova Inc. by 7.3%, acquiring an additional 6,655 shares to bring its total holdings to 98,403 shares, valued at approximately $60.51 million. This comes as GE Vernova reported strong Q4 results, exceeding analyst expectations with EPS of $13.39 and revenue of $10.96 billion. The company also doubled its quarterly dividend to $0.50, and analysts maintain a “Moderate Buy” consensus rating with an average target price near $788.
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Fifth Third Bancorp Acquires 6,655 Shares of GE Vernova Inc. $GEV
Fifth Third Bancorp has increased its stake in GE Vernova Inc. by 7.3%, acquiring an additional 6,655 shares to bring its total holdings to 98,403 shares, valued at approximately $60.51 million. This comes as GE Vernova reported strong Q4 results, exceeding analyst expectations with EPS of $13.39 and revenue of $10.96 billion. The company also doubled its quarterly dividend to $0.50, and analysts maintain a “Moderate Buy” consensus rating with an average target price near $788.