942 GE Vernova Inc. $GEV Shares Bought by State of Alaska Department of Revenue

State of Alaska Department of Revenue grew its position in shares of GE Vernova Inc. (NYSE:GEV) by 3.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,272 shares of the company’s stock after purchasing an additional 942 shares during the period. State of Alaska Department of Revenue’s holdings in GE Vernova were worth $25,920,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Charles Schwab Trust Co boosted its stake in shares of GE Vernova by 16.9% in the third quarter. Charles Schwab Trust Co now owns 214 shares of the company’s stock valued at $203,000 after purchasing an additional 31 shares during the period. Formuepleje A S grew its holdings in GE Vernova by 51.7% during the 3rd quarter. Formuepleje A S now owns 2,556 shares of the company’s stock valued at $2,429,000 after purchasing an additional 871 shares in the last quarter. Turtle Creek Wealth Advisors LLC grew its holdings in GE Vernova by 19.0% during the 3rd quarter. Turtle Creek Wealth Advisors LLC now owns 1,938 shares of the company’s stock valued at $1,842,000 after purchasing an additional 309 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in GE Vernova by 13.3% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 467 shares of the company’s stock worth $444,000 after buying an additional 55 shares during the period. Finally, Covenant Asset Management LLC increased its stake in GE Vernova by 15.1% during the 3rd quarter. Covenant Asset Management LLC now owns 15,764 shares of the company’s stock worth $14,984,000 after buying an additional 2,063 shares during the period.

GE Vernova Stock Down 3.0%

Shares of GEV traded down $28.36 during midday trading on Thursday, hitting $913.42. The company had a trading volume of 2,577,730 shares, compared to its average volume of 2,632,629. The stock has a market cap of $243.27 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 3.48 and a beta of 1.14. The company’s 50 day moving average price is $965.61 and its 200 day moving average price is $1,001.12. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. GE Vernova Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94.

GE Vernova (NYSE:GEV) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing the consensus estimate of $3.17 by ($0.70). GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The firm had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.79 billion. During the same period in the prior year, the firm earned $1.86 earnings per share. The firm’s quarterly revenue was up 21.9% compared to the same quarter last year. On average, equities research analysts predict that GE Vernova Inc. will post 15.04 EPS for the current year.

GE Vernova Dividend Announcement

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

Wall Street Analysts Forecast Growth

GEV has been the topic of a number of recent analyst reports. Glj Research assumed coverage on shares of GE Vernova in a report on Monday, September 14th. They issued a “sell” rating and a $470.00 price objective on the stock. Citigroup dropped their target price on GE Vernova from $1,219.00 to $1,125.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. Guggenheim reiterated a “buy” rating and issued a $1,450.00 price target on shares of GE Vernova in a research note on Tuesday. President Capital increased their price target on GE Vernova from $1,368.00 to $1,398.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, The Goldman Sachs Group upgraded GE Vernova from a “buy” rating to a “market outperform” rating in a research note on Monday, September 14th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, GE Vernova presently has an average rating of “Moderate Buy” and an average target price of $1,164.87.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Large Venture Global power deal reinforces demand. Venture Global signed agreements with GE Vernova and Baker Hughes for up to 16 combined-cycle gas power units, each with 720 megawatts of capacity, plus related transformer equipment. The projects could support an off-grid network serving as much as 10 gigawatts of future computing capacity, strengthening GE Vernova’s position in data-center and industrial power. Venture Global inks deals with GE Vernova, Baker Hughes for power expansion
• Positive Sentiment: Analysts remain constructive. Guggenheim initiated a Buy rating, while Susquehanna maintained a positive rating and lowered its price target modestly to $1,270 from $1,300—still implying substantial upside based on recent trading levels. GE Vernova earns Buy rating from Guggenheim
• Positive Sentiment: Fundamentals and outlook remain strong. GE Vernova has reported robust organic order growth, raised its 2026 revenue and free-cash-flow guidance, and built a roughly $176 billion backlog. Its gas-turbine services and electrification businesses are benefiting from rising power demand tied to AI data centers. Is GE Vernova undervalued after raising guidance and landing data center power deals?
• Neutral Sentiment: Third-quarter earnings are the next catalyst. Investors will look for evidence that order momentum is translating into revenue, margins and cash flow when results are released October 28. GE Vernova to announce third-quarter 2026 financial results
• Negative Sentiment: Valuation and sector weakness are pressuring the stock. GEV has pulled back sharply from its highs as investors reduced exposure to AI-related infrastructure shares. Commentators also warn that its elevated earnings multiple leaves limited room for execution disappointments, making the upcoming report particularly important. GE Vernova registers a bigger fall than the market

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.