Northeast Investment Management Acquires 1,181 Shares of GE Vernova Inc. $GEV

Northeast Investment Management boosted its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 13.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,768 shares of the company’s stock after acquiring an additional 1,181 shares during the quarter. Northeast Investment Management’s holdings in GE Vernova were worth $6,384,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of GEV. Jackson Grant Investment Advisers Inc. boosted its stake in shares of GE Vernova by 344.4% in the 3rd quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company’s stock valued at $25,000 after purchasing an additional 31 shares during the last quarter. Wealth Watch Advisors INC bought a new position in GE Vernova during the third quarter worth $25,000. Torren Management LLC acquired a new position in GE Vernova during the fourth quarter worth $26,000. ORG Wealth Partners LLC raised its holdings in GE Vernova by 241.7% during the fourth quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock worth $27,000 after buying an additional 29 shares during the last quarter. Finally, Monetary Management Group Inc. acquired a new position in GE Vernova during the second quarter worth $32,000.

Analysts Set New Price Targets

Several brokerages have recently commented on GEV. Susquehanna set a $1,300.00 target price on shares of GE Vernova in a report on Thursday, April 23rd. Mizuho set a $714.00 price objective on shares of GE Vernova in a research report on Tuesday, February 3rd. UBS Group reaffirmed a “buy” rating on shares of GE Vernova in a research note on Thursday, January 29th. Zacks Research downgraded shares of GE Vernova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Rothschild & Co Redburn raised shares of GE Vernova from a “sell” rating to a “buy” rating and upped their price objective for the company from $560.00 to $1,100.00 in a research note on Monday, March 9th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, GE Vernova presently has a consensus rating of “Moderate Buy” and an average target price of $1,090.76.

GE Vernova Stock Down 0.0%

NYSE:GEV opened at $1,072.61 on Wednesday. The company has a market capitalization of $288.23 billion, a PE ratio of 31.24, a P/E/G ratio of 4.02 and a beta of 1.51. The firm’s 50-day moving average price is $945.11 and its 200-day moving average price is $765.84. GE Vernova Inc. has a 1-year low of $420.00 and a 1-year high of $1,181.95. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.89 and a quick ratio of 0.65.

GE Vernova (NYSE:GEV) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $15.49. The company had revenue of $9.34 billion for the quarter, compared to analysts’ expectations of $9.19 billion. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. GE Vernova’s revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.91 EPS. On average, equities analysts predict that GE Vernova Inc. will post 14.84 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.50 per share. The ex-dividend date was Tuesday, March 17th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova’s dividend payout ratio is currently 5.83%.

Trending Headlines about GE Vernova

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

• Positive Sentiment: The U.S. Department of Energy is reportedly considering financing billions of dollars in long-lead-time parts for nuclear plants, a move that could speed new reactor builds and support GE Vernova’s nuclear equipment and services business. US considering financing billions of dollars in long-lead time parts of nuclear plants, NEI says
• Positive Sentiment: Market commentary continues to frame GE Vernova as a key winner from Big Tech’s AI power buildout, with investors betting on rising electricity demand to drive more orders for grid and generation infrastructure. Meet the Nvidias of power — 5 stocks winning Big Tech’s $700 billion AI energy grab
• Positive Sentiment: GE Vernova and Blue Energy announced a partnership to develop a 2.5 GW nuclear and natural gas project in Texas, reinforcing the company’s role in large-scale power generation projects tied to future grid demand. GE Vernova (GEV) Partners with Blue Energy for 2.5 GW Texas Nuclear and Natural Gas Plant
• Positive Sentiment: Technical traders are also constructive, with reports that GEV flashed a golden cross and moved above its 20-day average, which can attract momentum buyers. GE Vernova (GEV) Just Flashed Golden Cross Signal: Do You Buy?
• Positive Sentiment: GE Vernova also announced commercial operation of Türkiye’s first H-class gas turbine at the 852-MW K?rklareli plant, highlighting continued execution in international power generation. GE Vernova Modernizing Türkiye’s Power Generation With Country’s First H-Class Gas Turbine
• Neutral Sentiment: Other coverage highlights GE Vernova’s role in offshore wind logistics and broader clean-energy growth, but these items are more descriptive than immediately stock-moving. GE Vernova announces Maraen Port of Nigg for Dogger Bank B and C phases
• Neutral Sentiment: Some commentary also warns that industrial stocks linked to AI may be getting overextended, which could temper enthusiasm if investors worry the rally has gone too far. AI Mania Makes Old-School Industrials Behave Like Chip Stocks

GE Vernova Company 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.