GE Vernova Inc. $GEV Holdings Raised by Family Legacy Financial Solutions LLC

Family Legacy Financial Solutions LLC raised its position in GE Vernova Inc. (NYSE:GEV) by 169.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,347 shares of the company’s stock after buying an additional 848 shares during the period. GE Vernova makes up about 0.8% of Family Legacy Financial Solutions LLC’s holdings, making the stock its 22nd biggest holding. Family Legacy Financial Solutions LLC’s holdings in GE Vernova were worth $1,281,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in GEV. Wealth Enhancement Trust Services Inc. lifted its position in shares of GE Vernova by 22.3% during the third quarter. Wealth Enhancement Trust Services Inc. now owns 1,709 shares of the company’s stock worth $1,624,000 after purchasing an additional 312 shares during the last quarter. North Point Portfolio Managers Corp OH acquired a new stake in GE Vernova in the third quarter worth $68,000. American National Bank & Trust boosted its stake in GE Vernova by 4.6% during the 3rd quarter. American National Bank & Trust now owns 343 shares of the company’s stock valued at $326,000 after purchasing an additional 15 shares during the period. Worth Asset Management LLC boosted its position in shares of GE Vernova by 27.7% during the third quarter. Worth Asset Management LLC now owns 1,126 shares of the company’s stock worth $1,070,000 after buying an additional 244 shares during the period. Finally, Nautilus Advisors LLC boosted its position in GE Vernova by 6.3% during the 3rd quarter. Nautilus Advisors LLC now owns 235 shares of the company’s stock worth $224,000 after acquiring an additional 14 shares during the period.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: GE Vernova plans to double the number of MIT interns and permanent hires in 2027, supporting its engineering and talent pipeline as demand for power-generation technology expands. GE Vernova to Double the Number of MIT Interns and Permanent Hires in 2027
• Positive Sentiment: Analysts and investors continue to point to GE Vernova’s expanding backlog, nuclear-power opportunities, services growth and exposure to rising electricity demand from artificial intelligence and data centers as drivers of long-term revenue visibility. Could GE Vernova Be Your Ticket to Generational Wealth?
• Positive Sentiment: Ken Fisher’s investment firm reportedly increased its GE Vernova position substantially, signaling continued institutional confidence in the company’s AI-linked power-demand prospects. Why Billionaire Ken Fisher Went Big on GE Vernova
• Neutral Sentiment: Only about 20% of GE Vernova’s order book is tied to data centers. This reduces direct dependence on the AI boom, though it also means investors are assessing how quickly other markets can convert into cash flow. Only 20% of GE Vernova’s Order Book Is Data Centers
• Negative Sentiment: After a roughly 70% one-year advance, GE Vernova is being characterized as potentially overvalued relative to the cash its business currently generates. Investors are questioning whether new nuclear approvals and long-term contracts can justify the premium multiple. GE Vernova Stock Appears Overvalued Following Its 70% Run
• Negative Sentiment: Supply-chain constraints, tariffs and execution risks remain concerns. The latest quarterly results also included an EPS shortfall despite revenue growth, reinforcing investor sensitivity to margins and cash-flow conversion. GE Vernova Surges 9.4% in a Month: Hold or Fold the Stock?

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on GEV shares. Royal Bank Of Canada upped their price target on shares of GE Vernova from $1,195.00 to $1,225.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. Oppenheimer raised their target price on shares of GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. The Goldman Sachs Group raised GE Vernova from a “buy” rating to a “market outperform” rating in a research report on Monday, September 14th. President Capital increased their target price on shares of GE Vernova from $1,368.00 to $1,398.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Citigroup lowered their price target on GE Vernova from $1,219.00 to $1,125.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Two 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 issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,171.87.

GE Vernova Stock Performance

GE Vernova stock traded down $31.42 during trading hours on Wednesday, hitting $997.79. The stock had a trading volume of 2,016,446 shares, compared to its average volume of 2,650,735. The company has a 50-day moving average of $967.21 and a two-hundred day moving average of $997.58. 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 company has a market cap of $265.74 billion, a PE ratio of 28.56, a price-to-earnings-growth ratio of 3.35 and a beta of 1.14. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94.

GE Vernova (NYSE:GEV) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The business had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.79 billion. During the same quarter in the prior year, the firm earned $1.86 EPS. The firm’s quarterly revenue was up 21.9% on a year-over-year basis. On average, equities research analysts anticipate that GE Vernova Inc. will post 15.38 EPS for the current fiscal year.

GE Vernova Dividend Announcement

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 dividend of $0.50 per share. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio (DPR) is 5.72%.

About GE Vernova

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.