4,520 GE Vernova Inc. $GEV Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC increased its stake in GE Vernova Inc. (NYSE:GEV) by 25.8% during the third quarter, according to its most recent filing with the SEC. The fund owned 22,048 shares of the company’s stock after buying an additional 4,520 shares during the quarter. Park Avenue Securities LLC’s holdings in GE Vernova were worth $20,957,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Verdence Capital Advisors LLC increased its holdings in GE Vernova by 5.9% during the third quarter. Verdence Capital Advisors LLC now owns 3,570 shares of the company’s stock worth $3,394,000 after buying an additional 199 shares during the last quarter. Flagship Harbor Advisors LLC raised its position in GE Vernova by 9.0% in the third quarter. Flagship Harbor Advisors LLC now owns 4,477 shares of the company’s stock worth $4,255,000 after acquiring an additional 370 shares during the period. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT boosted its stake in GE Vernova by 34.7% in the third quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 38,650 shares of the company’s stock valued at $36,736,000 after acquiring an additional 9,950 shares during the last quarter. Westover Capital Advisors LLC boosted its stake in GE Vernova by 8.2% in the third quarter. Westover Capital Advisors LLC now owns 1,260 shares of the company’s stock valued at $1,198,000 after acquiring an additional 95 shares during the last quarter. Finally, Peterson Wealth Services boosted its stake in GE Vernova by 14.5% in the third quarter. Peterson Wealth Services now owns 601 shares of the company’s stock valued at $571,000 after acquiring an additional 76 shares during the last quarter.

GE Vernova Price Performance

NYSE GEV opened at $855.73 on Tuesday. The company has a market cap of $227.91 billion, a PE ratio of 24.49, a price-to-earnings-growth ratio of 2.82 and a beta of 1.14. GE Vernova Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94. 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 firm’s 50-day simple moving average is $949.47 and its two-hundred day simple moving average is $934.68.

GE Vernova Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Tuesday, October 27th. GE Vernova’s payout ratio is currently 5.72%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on GEV. Evercore restated an “outperform” rating and set a $1,350.00 price target on shares of GE Vernova in a research note on Thursday, October 1st. Royal Bank Of Canada lifted 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 report on Thursday, July 23rd. Guggenheim reiterated a “buy” rating and issued a $1,450.00 price objective on shares of GE Vernova in a research note on Tuesday, October 13th. Wall Street Zen lowered GE Vernova from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Mizuho raised their target price on GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,164.87.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: GE Vernova secured an order to supply a gas turbine and generator for a 372-megawatt combined-cycle power plant in Côte d’Ivoire. The project expands the company’s presence in West Africa and supports its strategy of growing its Gas Power business in new markets. GE Vernova (GEV) Lands 372 MW Côte D’Ivoire Power Plant Order
• Positive Sentiment: Bank of America maintained its Buy rating and a $1,310 price target, signaling continued confidence in GE Vernova’s long-term exposure to grid investment, electrification, and rising electricity demand. BofA keeps Buy rating for GE Vernova stock at USD 1,310 target
• Positive Sentiment: Investors are watching demand for heavy-duty gas turbines and potential growth in high-margin service revenue. Strong third-quarter orders, full-year gigawatt bookings, or additional HA turbine-unit commitments could reinforce the bullish power-demand thesis. GE Vernova Reports Oct. 28
• Neutral Sentiment: GE Vernova is scheduled to report third-quarter results before the market opens on Wednesday, October 28. Guidance may have a greater effect on sentiment than the quarter’s results because expectations are already high. Energy Stock GE Vernova Eyes This Week’s Earnings Call
• Negative Sentiment: Analysts caution that GE Vernova’s valuation remains demanding even after a recent decline. Wind revenue and orders have weakened since 2024, while tariffs, higher interest rates, and possible industry earnings reductions could pressure results and investor expectations. GE Vernova: The Biggest Risk Is Not Demand

GE Vernova Company Profile

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.