NBT Bank N.A. Acquires New Holdings in GE Vernova Inc. $GEV

Posted by George Bondi on Oct 24th, 2026

NBT Bank N.A. bought a new stake in GE Vernova Inc. (NYSE:GEV – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,567 shares of the company’s stock, valued at approximately $1,489,000.

Several other large investors also recently added to or reduced their stakes in the business. B. Metzler seel. Sohn & Co. AG lifted its stake in shares of GE Vernova by 37.7% in the second quarter. B. Metzler seel. Sohn & Co. AG now owns 23,080 shares of the company’s stock worth $27,116,000 after buying an additional 6,313 shares during the last quarter. Citizens Financial Group Inc. RI bought a new stake in shares of GE Vernova during the 2nd quarter worth $8,337,000. Sapient Capital LLC boosted its holdings in shares of GE Vernova by 31.4% during the 2nd quarter. Sapient Capital LLC now owns 76,038 shares of the company’s stock worth $89,372,000 after buying an additional 18,188 shares during the period. Processus Wealth & Capital Management LLC acquired a new position in GE Vernova in the 2nd quarter valued at $2,699,000. Finally, Field & Main Bank acquired a new position in GE Vernova in the 2nd quarter valued at $3,018,000.

Wall Street Analyst Weigh In

Several research analysts recently commented on GEV shares. Citigroup dropped their target price on shares of GE Vernova from $1,219.00 to $1,125.00 and set a “neutral” rating on the stock in a report on Thursday, July 23rd. Mizuho upped their price target on shares of GE Vernova from $913.00 to $949.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Guggenheim reaffirmed a “buy” rating and issued a $1,450.00 price target on shares of GE Vernova in a research report on Tuesday, October 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Vernova in a research note on Monday. Finally, Morgan Stanley lowered GE Vernova from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,164.87.

Get Our Latest Analysis on GEV

Key Headlines Impacting GE Vernova

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

Positive Sentiment: GE Vernova entered multiyear agreements with Venture Global and Baker Hughes covering up to 16 power-island units and transformer equipment. The systems are intended to provide behind-the-meter power for LNG facilities and planned AI data centers, supporting the company’s backlog and exposure to rising electricity demand. Why Is GE Vernova Tied To 16 Off Grid Power Units?
Positive Sentiment: BMO Capital and Bank of America Securities reportedly maintained or issued Buy views on GEV, while several recent analyses highlighted long-term growth from grid modernization, electrification and expanding power demand. GE Vernova Gets a Buy from BMO Capital
Neutral Sentiment: Investors are awaiting GE Vernova’s third-quarter 2026 results, with analysts focused on revenue, margins, orders and other operating metrics. The earnings report could clarify whether demand from data centers and broader power infrastructure is translating into profitable growth. Seeking Clues to GE Vernova Q3 Earnings
Negative Sentiment: GEV fell sharply alongside Vertiv, Bloom Energy and Eaton after Meta’s larger AI spending outlook raised concerns about how data-center expansion will be financed. The move suggests investors are questioning the sustainability, timing and returns of AI infrastructure orders, even though long-term demand remains strong. GE Vernova Slumps as Meta Spending Outlook Stokes AI Financing Worries
Negative Sentiment: Erste Group slightly reduced its 2027 EPS forecast to $24.36 from $24.55. The modest cut adds to execution concerns, particularly after GE Vernova’s prior quarterly EPS missed expectations despite stronger-than-expected revenue. GE Vernova Earnings Estimate Revision

GE Vernova Stock Performance

Shares of NYSE GEV opened at $814.37 on Friday. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94. The firm has a market capitalization of $216.89 billion, a price-to-earnings ratio of 23.31, a PEG ratio of 2.86 and a beta of 1.14. The company has a current ratio of 0.85, a quick ratio of 0.62 and a debt-to-equity ratio of 0.21. The business has a fifty day simple moving average of $947.07 and a 200 day simple moving average of $1,000.96.

GE Vernova (NYSE:GEV – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). The business had revenue of $11.10 billion for 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%. GE Vernova’s revenue was up 21.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.86 earnings per share. Sell-side analysts expect that GE Vernova Inc. will post 15.04 EPS 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. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Tuesday, October 27th. GE Vernova’s payout ratio is currently 5.72%.

About GE Vernova

(Free Report)

GE Vernova Inc (NYSE: GEV) is an energy technology company focused on helping generate, transmit, store and deliver electricity. The company serves utilities, power producers, grid operators, commercial and industrial customers, and other energy-sector participants worldwide.

Its business is organized around three primary areas: Power, Wind and Electrification. Power provides technologies and services for gas and steam power generation, hydropower, nuclear power and other energy systems.