Summit Global Investments Trims Stock Position in GE Vernova Inc. $GEV

Summit Global Investments lowered its position in GE Vernova Inc. (NYSE:GEV) by 58.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,573 shares of the company’s stock after selling 2,226 shares during the quarter. Summit Global Investments’ holdings in GE Vernova were worth $967,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of GE Vernova by 29.4% in the 4th quarter. Brighton Jones LLC now owns 3,315 shares of the company’s stock worth $1,091,000 after buying an additional 753 shares during the period. Truist Financial Corp raised its holdings in shares of GE Vernova by 6.0% in the second quarter. Truist Financial Corp now owns 78,589 shares of the company’s stock valued at $41,585,000 after acquiring an additional 4,418 shares in the last quarter. Pure Financial Advisors LLC purchased a new stake in GE Vernova in the second quarter worth about $367,000. Vicus Capital bought a new position in GE Vernova during the 2nd quarter worth about $233,000. Finally, J. Safra Sarasin Holding AG increased its position in GE Vernova by 37.9% during the 2nd quarter. J. Safra Sarasin Holding AG now owns 21,846 shares of the company’s stock valued at $11,560,000 after purchasing an additional 6,001 shares during the period.

GE Vernova Stock Performance

Shares of NYSE GEV opened at $726.04 on Friday. GE Vernova Inc. has a fifty-two week low of $252.25 and a fifty-two week high of $752.02. The company has a market cap of $196.99 billion, a PE ratio of 40.79, a P/E/G ratio of 2.99 and a beta of 1.67. The business has a 50-day simple moving average of $652.63 and a two-hundred day simple moving average of $622.30.

GE Vernova (NYSE:GEV) last released its earnings results on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, topping analysts’ consensus estimates of $2.99 by $10.40. GE Vernova had a net margin of 12.83% and a return on equity of 46.91%. The company had revenue of $10.96 billion during the quarter, compared to analysts’ expectations of $10.21 billion. During the same period last year, the business earned $1.73 EPS. GE Vernova’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, sell-side analysts predict that GE Vernova Inc. will post 6.59 earnings per share for the current fiscal year.

GE Vernova Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 5th will be paid a $0.50 dividend. This is a positive change from GE Vernova’s previous quarterly dividend of $0.25. The ex-dividend date is Monday, January 5th. This represents a $2.00 dividend on an annualized basis and a yield of 0.3%. GE Vernova’s dividend payout ratio (DPR) is 11.24%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on GEV shares. Rothschild Redb downgraded shares of GE Vernova from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 15th. UBS Group reaffirmed a “buy” rating on shares of GE Vernova in a research report on Thursday. Susquehanna boosted their price target on GE Vernova from $800.00 to $820.00 and gave the stock a “positive” rating in a research report on Thursday. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of GE Vernova in a research report on Wednesday, December 10th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $785.00 target price on shares of GE Vernova in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $752.26.

GE Vernova News Roundup

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

• Positive Sentiment: Robust Q4 results, raised guidance and record backlog — GEV beat revenue estimates and reported a large EPS beat (partly from a $2.9B tax benefit). Orders jumped and backlog hit record levels, and management raised 2026/2028 revenue targets and free?cash?flow guidance, improving visibility into growth. Reuters: GE Vernova forecasts revenue above estimates
• Positive Sentiment: Major analyst upgrades and higher price targets — Guggenheim upgraded GEV to Buy with a $910 target (~25% upside), TD Cowen raised its target to $780 and upgraded to Buy, and China Renaissance moved to Strong?Buy; these lifts reflect bullish views on accelerating orders, margins and cash flow. The Fly: Guggenheim upgrade
• Positive Sentiment: Analyst coverage repriced upward after results — Citigroup, MarketBeat consensus and other shops raised targets and forecasts after the quarter, signaling broader analyst conviction in growth and margin progress. MarketBeat: Analyst reactions and consensus
• Neutral Sentiment: Company filings and transcripts available for deeper diligence — The Q4 earnings call and annual reports provide detail on backlog composition, the Prolec acquisition close, and tax items; worth reading before positioning. Barron’s: Annual reports and investor messages
• Negative Sentiment: Wind segment losses and regulatory risks — Management flagged larger?than?expected losses in the wind business and potential operational impacts from efforts to halt some offshore wind projects, creating execution and regulatory uncertainty that pressured the stock earlier. Seeking Alpha: Wind losses and warning
• Negative Sentiment: Premium valuation increases risk — GEV now trades at a sizable premium to peers (high forward P/E), so positive fundamentals are largely priced in; any disappointments or execution slips could lead to sharp pullbacks. MarketBeat: Valuation context

GE Vernova Profile

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.