Ninety One UK Ltd acquired a new stake in GE Vernova Inc. (NYSE:GEV – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 881 shares of the company’s stock, valued at approximately $837,000.
Other large investors also recently modified their holdings of the company. Manning & Napier Advisors LLC increased its holdings in shares of GE Vernova by 68.4% in the first quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock worth $26,000 after purchasing an additional 13 shares during the period. Parvin Asset Management LLC bought a new stake in shares of GE Vernova during the 2nd quarter valued at about $32,000. Monetary Solutions Ltd purchased a new position in shares of GE Vernova during the fourth quarter worth about $35,000. Strategic Wealth Advisors LLC purchased a new position in shares of GE Vernova during the second quarter worth about $35,000. Finally, Pingora Partners LLC purchased a new position in shares of GE Vernova during the second quarter worth about $36,000.
GE Vernova Trading Down 1.4%
Shares of GEV stock opened at $928.88 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. The business has a 50-day moving average price of $964.22 and a two-hundred day moving average price of $1,001.66. GE Vernova Inc. has a 12-month low of $530.16 and a 12-month high of $1,195.94. The firm has a market cap of $247.39 billion, a P/E ratio of 26.59, a price-to-earnings-growth ratio of 3.26 and a beta of 1.14.
GE Vernova (NYSE:GEV – Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $11.10 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 21.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.86 earnings per share. Equities analysts anticipate that GE Vernova Inc. will post 15.04 EPS for the current fiscal year.
GE Vernova Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be given a $0.50 dividend. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova’s payout ratio is presently 5.72%.
Key Stories Impacting GE Vernova
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 Ratings Changes
GEV has been the topic of several research analyst reports. Oppenheimer upped their price objective on shares of GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. TD Cowen lifted their target price on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Evercore reiterated an “outperform” rating and set a $1,350.00 target price on shares of GE Vernova in a research report on Thursday, October 1st. Glj Research assumed coverage on shares of GE Vernova in a research note on Monday, September 14th. They issued a “sell” rating and a $470.00 price target for the company. Finally, JPMorgan Chase & Co. decreased their price target 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. Two analysts have rated the stock with a Strong Buy rating, twenty-six have assigned 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, GE Vernova currently has a consensus rating of “Moderate Buy” and an average price target of $1,164.87.
View Our Latest Stock Analysis on GE Vernova
GE Vernova Profile
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.
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