2,559 GE Vernova Inc. $GEV Shares Sold by Cornerstone Enterprises LLC

Posted by Brian Himes on Oct 16th, 2026

Cornerstone Enterprises LLC trimmed its position in shares of GE Vernova Inc. (NYSE:GEV – Free Report) by 42.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,529 shares of the company’s stock after selling 2,559 shares during the period. GE Vernova makes up approximately 2.0% of Cornerstone Enterprises LLC’s holdings, making the stock its 13th biggest holding. Cornerstone Enterprises LLC’s holdings in GE Vernova were worth $3,354,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Auto Owners Insurance Co grew its holdings in shares of GE Vernova by 110,973.4% in the fourth quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company’s stock valued at $2,278,224,000 after purchasing an additional 34,826,773 shares in the last quarter. BlackRock Inc. purchased a new stake in GE Vernova during the second quarter valued at $25,569,630,000. Bank of America Corp DE purchased a new stake in GE Vernova during the second quarter valued at $2,961,612,000. Bank of New York Mellon Corp purchased a new stake in GE Vernova during the second quarter valued at $2,497,472,000. Finally, Jupiter Topco LLC purchased a new position in shares of GE Vernova in the 2nd quarter worth $2,371,538,000.

GE Vernova News Roundup

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

Positive Sentiment: Major Venture Global power agreement: GE Vernova and Baker Hughes will supply equipment for up to 16 gas-fired power units, each with 720 megawatts of capacity. The projects could support LNG facilities and future AI data centers, reinforcing GE Vernova’s position in behind-the-meter power infrastructure. The reported $17.2 billion headline value represents the maximum potential scope, not a firm commitment. Venture Global inks deals with GE Vernova, Baker Hughes for power expansion
Positive Sentiment: Analyst support remains strong: Guggenheim assigned GE Vernova a Buy rating, while Susquehanna maintained a positive rating and lowered its price target modestly to $1,270. These targets imply substantial upside from recent trading levels. GE Vernova earns Buy rating from Guggenheim
Positive Sentiment: Recent coverage highlights strong organic order growth, increased 2026 revenue and free-cash-flow guidance, and a reported backlog of approximately $176 billion. Gas-turbine services and electrification demand linked to AI data centers remain important parts of the bull case. Is GE Vernova undervalued after raising guidance and landing data center power deals?
Neutral Sentiment: GE Vernova is being discussed as a potential stock-split candidate because of its high share price, but a split would not change the company’s underlying value or earnings prospects. GE Vernova emerges as a prime stock-split candidate
Negative Sentiment: The recent pullback reflects broader weakness in AI-infrastructure stocks and renewed scrutiny of GE Vernova’s elevated valuation. Coverage has cited a high earnings multiple, making the shares more sensitive to any slowdown in orders, guidance or AI-related spending. GE Vernova builds $176 billion backlog but valuation raises questions

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. reduced their target price on shares of GE Vernova from $1,330.00 to $1,150.00 and set an “overweight” rating on the stock in a report on Friday, October 9th. Guggenheim reaffirmed a “buy” rating and issued a $1,450.00 price target on shares of GE Vernova in a report on Tuesday. Morgan Stanley downgraded shares of GE Vernova from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. Sanford C. Bernstein reiterated an “outperform” rating and issued a $1,298.00 price target (up from $1,206.00) on shares of GE Vernova in a research report on Tuesday, September 15th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $1,250.00 price objective (up from $1,110.00) on shares of GE Vernova in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, GE Vernova presently has a consensus rating of “Moderate Buy” and an average price target of $1,164.87.

Read Our Latest Research Report on GE Vernova

GE Vernova Stock Performance

NYSE:GEV opened at $928.88 on Friday. The stock’s fifty day moving average is $964.22 and its 200 day moving average is $1,001.66. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The firm has a market capitalization of $247.39 billion, a PE ratio of 26.59, a PEG ratio of 3.26 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85.

GE Vernova (NYSE:GEV – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). The company had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%. The firm’s quarterly revenue was up 21.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.86 earnings per share. On average, sell-side analysts anticipate that GE Vernova Inc. will post 15.04 earnings per share for the current year.

GE Vernova Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio is currently 5.72%.

About GE Vernova

(Free Report)

GE Vernova Inc (NYSE: GEV) is an energy technology company formed through the separation of General Electric’s energy businesses in April 2024. The company is focused on helping generate, transmit, distribute and store electricity as power systems adapt to rising demand and the transition toward lower-carbon energy sources.

GE Vernova operates across three principal business areas: Power, Wind and Electrification. Its products and services include gas and steam power generation equipment, nuclear and hydropower technologies, onshore and offshore wind turbines, wind services, grid equipment, electrification systems, energy storage solutions and software used to monitor and manage energy infrastructure.

The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world.