GE Vernova Inc. $GEV Shares Acquired by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI boosted its holdings in GE Vernova Inc. (NYSE:GEV) by 138.3% during the third quarter, Holdings Channel reports. The fund owned 16,912 shares of the company’s stock after purchasing an additional 9,816 shares during the period. Citizens Financial Group Inc. RI’s holdings in GE Vernova were worth $16,074,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in GE Vernova during the second quarter worth $25,569,630,000. State Street Corp increased its holdings in shares of GE Vernova by 3.3% in the second quarter. State Street Corp now owns 11,765,340 shares of the company’s stock valued at $13,828,380,000 after purchasing an additional 370,842 shares during the last quarter. Bank of America Corp DE raised its position in shares of GE Vernova by 20.1% in the first quarter. Bank of America Corp DE now owns 2,598,178 shares of the company’s stock valued at $2,267,949,000 after purchasing an additional 435,405 shares during the period. Bank of New York Mellon Corp bought a new position in shares of GE Vernova in the second quarter valued at about $2,497,472,000. Finally, Jupiter Topco LLC bought a new position in shares of GE Vernova in the second quarter valued at about $2,371,538,000.

Trending Headlines about GE Vernova

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

• Positive Sentiment: GE Vernova entered multiyear agreements with Venture Global and Baker Hughes covering up to 16 power-island units and transformer equipment. The systems are intended to provide behind-the-meter power for LNG facilities and planned AI data centers, supporting the company’s backlog and exposure to rising electricity demand. Why Is GE Vernova Tied To 16 Off Grid Power Units?
• Positive Sentiment: BMO Capital and Bank of America Securities reportedly maintained or issued Buy views on GEV, while several recent analyses highlighted long-term growth from grid modernization, electrification and expanding power demand. GE Vernova Gets a Buy from BMO Capital
• Neutral Sentiment: Investors are awaiting GE Vernova’s third-quarter 2026 results, with analysts focused on revenue, margins, orders and other operating metrics. The earnings report could clarify whether demand from data centers and broader power infrastructure is translating into profitable growth. Seeking Clues to GE Vernova Q3 Earnings
• Negative Sentiment: GEV fell sharply alongside Vertiv, Bloom Energy and Eaton after Meta’s larger AI spending outlook raised concerns about how data-center expansion will be financed. The move suggests investors are questioning the sustainability, timing and returns of AI infrastructure orders, even though long-term demand remains strong. GE Vernova Slumps as Meta Spending Outlook Stokes AI Financing Worries
• Negative Sentiment: Erste Group slightly reduced its 2027 EPS forecast to $24.36 from $24.55. The modest cut adds to execution concerns, particularly after GE Vernova’s prior quarterly EPS missed expectations despite stronger-than-expected revenue. GE Vernova Earnings Estimate Revision

GE Vernova Price Performance

Shares of GE Vernova stock opened at $814.37 on Friday. GE Vernova Inc. has a twelve month low of $530.16 and a twelve month 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 company has a 50-day simple moving average of $947.07 and a two-hundred day simple moving average of $1,000.96. The stock has a market capitalization of $216.89 billion, a price-to-earnings ratio of 23.31, a price-to-earnings-growth ratio of 2.82 and a beta of 1.14.

GE Vernova (NYSE:GEV) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The business 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 EPS. The business’s revenue for the quarter was up 21.9% on a year-over-year basis. Analysts forecast that GE Vernova Inc. will post 15.04 EPS for the current year.

GE Vernova Dividend Announcement

The business also recently declared 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 of this dividend is Tuesday, October 27th. GE Vernova’s payout ratio is 5.72%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on GEV. Wall Street Zen cut shares of GE Vernova from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Royal Bank Of Canada upped their price target on shares of GE Vernova from $1,195.00 to $1,225.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. William Blair reissued an “outperform” rating on shares of GE Vernova in a report on Monday, August 3rd. President Capital increased their price target on shares of 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, Weiss Ratings restated a “buy (b)” rating on shares of GE Vernova in a research report on Monday, October 19th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,164.87.

GE Vernova 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.