GE Vernova Inc. $GEV Stock: GRIMES & Co WEALTH MANAGEMENT LLC Lowers Position

Posted by Brenda Bartman on Nov 4th, 2026

GRIMES & Co WEALTH MANAGEMENT LLC lowered its position in shares of GE Vernova Inc. (NYSE:GEV – Free Report) by 16.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,704 shares of the company’s stock after selling 952 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in GE Vernova were worth $4,471,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GEV. B. Metzler seel. Sohn & Co. AG grew its holdings in GE Vernova by 37.7% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 23,080 shares of the company’s stock worth $27,116,000 after acquiring an additional 6,313 shares during the last quarter. BG Investment Services LLC purchased a new position in shares of GE Vernova in the third quarter valued at about $3,348,000. Citizens Financial Group Inc. RI purchased a new position in shares of GE Vernova in the second quarter valued at about $8,337,000. Sapient Capital LLC increased its position in shares of GE Vernova by 31.4% in the second quarter. Sapient Capital LLC now owns 76,038 shares of the company’s stock valued at $89,372,000 after acquiring an additional 18,188 shares during the period. Finally, Processus Wealth & Capital Management LLC bought a new position in shares of GE Vernova during the second quarter valued at about $2,699,000.

GE Vernova Stock Up 6.4%

Shares of GE Vernova stock opened at $917.60 on Wednesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.83 and a quick ratio of 0.62. The company has a 50-day moving average of $932.44 and a 200 day moving average of $942.76. The firm has a market cap of $242.87 billion, a price-to-earnings ratio of 24.08, a PEG ratio of 2.92 and a beta of 1.25. GE Vernova Inc. has a 1 year low of $530.16 and a 1 year high of $1,195.94.

GE Vernova (NYSE:GEV – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 EPS for the quarter, topping the consensus estimate of $4.03 by $0.78. The business had revenue of $12.64 billion for the quarter, compared to analyst estimates of $11.99 billion. GE Vernova had a net margin of 23.54% and a return on equity of 46.50%. GE Vernova’s quarterly revenue was up 26.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.64 earnings per share. As a group, sell-side analysts anticipate that GE Vernova Inc. will post 16.05 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be issued a dividend of $0.50 per share. 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 dividend payout ratio (DPR) is presently 5.25%.

Key GE Vernova News

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

Positive Sentiment: Bernstein reaffirmed its Buy rating, arguing that election-related fears about data-center development are overblown. That view helped lift sentiment across power and data-center infrastructure stocks. Article: GE Vernova Rallies as Bernstein Calls Data-Center Fears Overblown Bernstein also separately reaffirmed its Buy rating. Article: Bernstein Reaffirms Buy Rating
Positive Sentiment: The longer-term investment case centers on rising electricity demand and the need to move power reliably to data centers and other users. GE Vernova’s planned $9 billion purchase of Trench Group would expand its grid-equipment presence, although the deal also represents a substantial commitment. Article: GE Vernova Is Paying $9 Billion for Trench Group
Positive Sentiment: Recent results and guidance provide fundamental support: GE Vernova beat earnings and revenue expectations, while a separate report noted 96% organic order growth and raised 2026 guidance. BMO sees 39% potential upside after the shares’ recent decline. Article: BMO Sees Upside After Recent Decline
Neutral Sentiment: Argus lowered its price target from $1,300 to $1,100 but maintained a Buy rating. The reduced target tempers the bullish signal, while the rating still indicates expected upside. Article: Argus Ratings
Negative Sentiment: Not all commentary is bullish: one analysis sees as much as 19% downside. The stock’s recent pullback and concerns around the cost and execution of the Trench acquisition remain risks for investors. Article: GE Vernova Could See Downside

Wall Street Analyst Weigh In

GEV has been the subject of a number of analyst reports. Jefferies Financial Group reiterated a “buy” rating and set a $1,100.00 target price on shares of GE Vernova in a report on Thursday, October 29th. BMO Capital Markets reissued an “outperform” rating and issued a $1,200.00 target price on shares of GE Vernova in a research note on Thursday, October 29th. The Goldman Sachs Group upgraded GE Vernova from a “buy” rating to a “market outperform” rating in a report on Monday, September 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GE Vernova in a research report on Monday, October 19th. Finally, JPMorgan Chase & Co. dropped their price objective on GE Vernova from $1,150.00 to $1,035.00 and set an “overweight” rating for the company in a report on Thursday, October 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,144.20.

Get Our Latest Stock Report on GEV

GE Vernova Company Profile

(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.