Hennion & Walsh Asset Management Inc. boosted its stake in GE Vernova Inc. (NYSE:GEV – Free Report) by 91.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,110 shares of the company’s stock after purchasing an additional 529 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in GE Vernova were worth $1,304,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Onyx Bridge Wealth Group LLC increased its holdings in shares of GE Vernova by 1.3% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 727 shares of the company’s stock worth $635,000 after buying an additional 9 shares during the last quarter. Red Door Wealth Management LLC boosted its holdings in GE Vernova by 0.6% in the first quarter. Red Door Wealth Management LLC now owns 1,774 shares of the company’s stock valued at $1,548,000 after acquiring an additional 10 shares during the last quarter. Advance Capital Management Inc. grew its position in GE Vernova by 2.2% during the first quarter. Advance Capital Management Inc. now owns 461 shares of the company’s stock valued at $402,000 after acquiring an additional 10 shares during the period. Alpha Financial Partners LLC increased its stake in GE Vernova by 2.0% during the first quarter. Alpha Financial Partners LLC now owns 514 shares of the company’s stock worth $449,000 after acquiring an additional 10 shares during the last quarter. Finally, Sandy Cove Advisors LLC increased its stake in GE Vernova by 2.6% during the second quarter. Sandy Cove Advisors LLC now owns 389 shares of the company’s stock worth $457,000 after acquiring an additional 10 shares during the last quarter.
GE Vernova Price Performance
GEV stock opened at $1,039.43 on Thursday. 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 Inc. has a 1 year low of $530.16 and a 1 year high of $1,195.94. The firm has a market cap of $276.83 billion, a P/E ratio of 29.75, a price-to-earnings-growth ratio of 3.61 and a beta of 1.21. The stock has a 50-day simple moving average of $1,029.79 and a 200-day simple moving average of $954.26.
GE Vernova Dividend Announcement
The company 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 of this dividend was Tuesday, June 16th. GE Vernova’s payout ratio is presently 5.72%.
More GE Vernova News
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: AI data-center expansion is driving record demand for gas turbines, grid equipment and electrification products, positioning GE Vernova as a key supplier for power-constrained hyperscalers. AI Data Center Boom Drives Record Gas Turbine Orders
- Positive Sentiment: Second-quarter revenue grew roughly 22%, while the backlog reached a record $176 billion, including more than $45 billion expected to be recognized over the next 12 months. The backlog provides substantial forward visibility. GE Vernova’s AI Power Boom Faces a Profit Test
- Positive Sentiment: Analysts and bullish investors point to strong Power and Electrification growth, recurring higher-margin services, a robust balance sheet and potential Wind margin improvement. Management is targeting approximately $46 billion of 2026 revenue and a 13% EBITDA margin. Rising Guidance Every Quarter, 2028 Looks Bright
- Positive Sentiment: Erste Group raised its 2027 earnings-per-share forecast modestly to $24.73 from $24.64, reinforcing the view that earnings estimates remain on an upward trend. GE Vernova analyst estimates
- Neutral Sentiment: Recent commentary is broadly bullish on the business but more cautious on the stock after its strong performance. The shares trade near the upper end of their 12-month range, with investors requiring continued execution to justify further gains. Why I’m Bullish on the Business but Patient on the Stock
- Negative Sentiment: GE Vernova missed adjusted EPS expectations in the latest quarter. Wind-segment losses and tariff costs pressured profitability, raising questions about how quickly backlog growth will translate into margins and cash flow. GE Vernova’s AI Power Boom Faces a Profit Test
- Negative Sentiment: At a high earnings multiple, much of the AI and grid-modernization opportunity appears priced in. The key risk is that growth and margin expansion slow after the initial backlog-driven benefits. Hard to See Much Upside With Expectations This High
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. Robert W. Baird lifted their price objective on GE Vernova from $1,008.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. BNP Paribas Exane downgraded shares of GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 target price for the company. in a research report on Monday, April 27th. William Blair restated an “outperform” rating on shares of GE Vernova in a report on Monday, August 3rd. Oppenheimer lifted their price target on shares of GE Vernova from $1,303.00 to $1,338.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $1,328.00 price objective on shares of GE Vernova in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,133.15.
View Our Latest Analysis on GEV
Insider Activity at GE Vernova
In other news, CEO Victor Abate sold 4,819 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $948.08, for a total value of $4,568,797.52. Following the completion of the transaction, the chief executive officer directly owned 1,835 shares in the company, valued at approximately $1,739,726.80. This represents a 72.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.21% of the company’s stock.
GE Vernova Profile
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.
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