GE Vernova Inc. $GEV Stock: Lebenthal Global Advisors LLC Boosts Stake

Lebenthal Global Advisors LLC grew its position in shares of GE Vernova Inc. (NYSE:GEV) by 517.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,804 shares of the company’s stock after purchasing an additional 1,512 shares during the quarter. Lebenthal Global Advisors LLC’s holdings in GE Vernova were worth $1,715,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Advance Capital Management Inc. boosted its position in GE Vernova by 2.2% during the 1st quarter. Advance Capital Management Inc. now owns 461 shares of the company’s stock worth $402,000 after buying an additional 10 shares during the period. Alpha Financial Partners LLC grew its holdings in GE Vernova by 2.0% during the 1st quarter. Alpha Financial Partners LLC now owns 514 shares of the company’s stock worth $449,000 after acquiring an additional 10 shares during the last quarter. Sandy Cove Advisors LLC grew its holdings in GE Vernova by 2.6% during the 2nd quarter. Sandy Cove Advisors LLC now owns 389 shares of the company’s stock worth $457,000 after acquiring an additional 10 shares during the last quarter. Mirador Capital Partners LP increased its position in GE Vernova by 2.5% in the 2nd quarter. Mirador Capital Partners LP now owns 408 shares of the company’s stock valued at $479,000 after acquiring an additional 10 shares during the period. Finally, Elevation Wealth Partners LLC increased its position in GE Vernova by 15.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 75 shares of the company’s stock valued at $88,000 after acquiring an additional 10 shares during the period.

More GE Vernova News

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

• Positive Sentiment: GE Vernova delivered a significant third-quarter beat, reporting $4.81 in EPS versus a $4.03 consensus estimate and $12.64 billion in revenue versus $11.99 billion expected. Revenue increased 26.8% year over year. GE Vernova Q3 Earnings Call Highlights Pricing and Grid Expansion
• Positive Sentiment: Backlog reached approximately $197 billion and orders reportedly nearly doubled, supporting management’s outlook for sustained demand. Gas-turbine buyers are reserving production capacity years in advance, while AI data-center demand is helping drive higher pricing. GE Vernova’s $197 Billion Backlog, $9 Billion Acquisition, and One Clear Strategy
• Positive Sentiment: The planned $9 billion acquisition of Trench Group would expand GE Vernova’s high-voltage grid-equipment manufacturing, increase vertical integration, and strengthen its presence in Europe and Asia as electricity demand grows. GE Vernova Agrees $9 Billion Grid Equipment Deal
• Positive Sentiment: HSBC upgraded GEV to Buy and raised its price target to $1,100 from $1,040, arguing that the wind business is largely derisked and past its worst period. Bernstein reaffirmed an Outperform rating, while Susquehanna maintained a $1,250 target. HSBC Upgrades GE Vernova
• Neutral Sentiment: Analyst sentiment remains broadly constructive but divided. JPMorgan lowered its target to $1,035 while retaining Overweight, and Citigroup cut its target to $1,000 with a Neutral rating. GLJ Research raised its target to $540 but kept a Sell rating, implying substantial downside. JPMorgan Analyst Action
• Negative Sentiment: The immediate pressure came from concerns that new order signings slowed relative to the very high backlog, raising questions about backlog conversion and execution. Investors appeared to want stronger evidence that reservations are becoming firm, near-term revenue. GE Vernova’s Reservations Are Turning Into Real Orders
• Negative Sentiment: The $9 billion Trench acquisition adds strategic growth potential but also introduces substantial capital-allocation, integration, and execution risks, particularly as some gas-turbine order momentum moderates. GE Vernova in $9 Billion Deal to Buy High-Voltage Manufacturer

GE Vernova Stock Performance

NYSE:GEV opened at $854.58 on Friday. The company has a 50 day simple moving average of $934.85 and a two-hundred day simple moving average of $940.34. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.62 and a current ratio of 0.83. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The company has a market capitalization of $226.19 billion, a PE ratio of 22.42, a P/E/G ratio of 3.03 and a beta of 1.14.

GE Vernova (NYSE:GEV) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 earnings per share for the quarter, topping the consensus estimate of $4.03 by $0.78. GE Vernova had a net margin of 23.54% and a return on equity of 46.50%. The company had revenue of $12.64 billion during the quarter, compared to analysts’ expectations of $11.99 billion. During the same period in the prior year, the company posted $1.64 earnings per share. GE Vernova’s revenue for the quarter was up 26.8% compared to the same quarter last year. Research analysts anticipate that GE Vernova Inc. will post 15.26 earnings per share for the current year.

GE Vernova Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Tuesday, October 27th will be issued a dividend of $0.50 per share. 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 dividend payout ratio (DPR) is presently 5.25%.

Analyst Ratings Changes

A number of equities analysts have recently commented on GEV shares. Mizuho lifted their price target on shares of GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Guggenheim reissued 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 downgraded GE Vernova from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. JPMorgan Chase & Co. lowered their target price on GE Vernova from $1,150.00 to $1,035.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, William Blair reaffirmed an “outperform” rating on shares of GE Vernova in a report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,152.53.

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.