M Holdings Securities Inc. acquired a new stake in GE Vernova Inc. (NYSE:GEV – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,598 shares of the company’s stock, valued at approximately $3,274,000.
A number of other institutional investors have also modified their holdings of the company. Shepherd Financial Partners LLC grew its stake in GE Vernova by 13.0% during the third quarter. Shepherd Financial Partners LLC now owns 1,482 shares of the company’s stock worth $1,408,000 after buying an additional 171 shares during the period. Avantax Planning Partners Inc. increased its position in shares of GE Vernova by 21.8% in the third quarter. Avantax Planning Partners Inc. now owns 2,045 shares of the company’s stock worth $1,944,000 after acquiring an additional 366 shares in the last quarter. Richard Young Associates Ltd. increased its position in shares of GE Vernova by 8.2% in the third quarter. Richard Young Associates Ltd. now owns 302 shares of the company’s stock worth $287,000 after acquiring an additional 23 shares in the last quarter. Cullinan Associates Inc. increased its position in shares of GE Vernova by 67.3% in the third quarter. Cullinan Associates Inc. now owns 2,008 shares of the company’s stock worth $1,909,000 after acquiring an additional 808 shares in the last quarter. Finally, Ethic Inc. raised its stake in shares of GE Vernova by 1.7% in the 3rd quarter. Ethic Inc. now owns 33,895 shares of the company’s stock valued at $32,217,000 after acquiring an additional 558 shares during the period.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on GEV. TD Cowen reduced their target price on shares of GE Vernova from $1,235.00 to $1,125.00 and set a “buy” rating on the stock in a report on Thursday, October 29th. The Goldman Sachs Group raised shares of GE Vernova from a “buy” rating to a “market outperform” rating in a research report on Monday, September 14th. William Blair reiterated an “outperform” rating on shares of GE Vernova in a report on Monday, August 3rd. Citigroup lowered their price target on GE Vernova from $1,125.00 to $1,000.00 and set a “neutral” rating for the company in a report on Thursday, October 29th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $1,100.00 price objective on shares of GE Vernova in a research report on Thursday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,144.20.
View Our Latest Stock Analysis on GE Vernova
More GE Vernova News
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: GE Vernova’s backlog and order growth, along with three increases to its 2026 guidance, support the longer-term earnings outlook. The article also points to gas turbines as a potential source of future high-margin service revenue. Article: GE Vernova Is Up 18% in 2026 After Three Guidance Raises
- Positive Sentiment: Some investors view the stock’s decline as a potential buying opportunity, arguing that GE Vernova supplies power equipment Nvidia and other technology companies need, while the company continues to add orders. Article: GE Vernova Has Something Nvidia Needs Under a Democratic Congress
- Neutral Sentiment: Analyst views are mixed: one report noted an Argus Research Buy rating, while other recent coverage highlighted a downgrade and a pessimistic price outlook. This leaves uncertainty about whether the selloff has made GEV an attractive value. Article: GE Vernova Receives a Buy from Argus Research
- Negative Sentiment: A reported analyst downgrade contributed to a sharp decline in the shares, adding pressure to a stock already hit by a broader selloff in data-center-related names. Article: GE Vernova Shares Down 9.4% on Analyst Downgrade
- Negative Sentiment: Newly elected Democratic officials in Texas have pledged to pause approvals for large AI data-center projects, and proposals elsewhere could bring tighter energy, zoning, and environmental reviews. If projects are delayed, demand for the power generation and grid equipment GE Vernova sells could be affected. Article: GE Vernova Sees New Risks From AI Data Center Permitting Pause
GE Vernova Price Performance
Shares of NYSE GEV opened at $774.74 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.83 and a debt-to-equity ratio of 0.22. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The business has a 50 day moving average price of $923.33 and a two-hundred day moving average price of $944.61. The firm has a market cap of $205.06 billion, a PE ratio of 20.33, a price-to-earnings-growth ratio of 2.52 and a beta of 1.25.
GE Vernova (NYSE:GEV – Get Free Report) last announced its earnings results on Wednesday, October 28th. The company reported $4.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.03 by $0.78. The company had revenue of $12.64 billion for the quarter, compared to analyst estimates of $11.99 billion. GE Vernova had a return on equity of 46.50% and a net margin of 23.54%. GE Vernova’s quarterly revenue was up 26.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.64 EPS. Sell-side analysts expect that GE Vernova Inc. will post 16.13 earnings per share for the current fiscal year.
GE Vernova Announces Dividend
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 dividend yield of 0.3%. The ex-dividend date is Tuesday, October 27th. GE Vernova’s payout ratio is 5.25%.
GE Vernova Company Profile
GE Vernova is an energy technology company that designs, manufactures and services equipment used to generate, transmit and distribute electricity. It became an independent public company in April 2024 after separating from General Electric, which had built its energy businesses over more than a century.
The company operates through three main businesses: Power, Wind and Electrification. Its offerings include gas and steam turbines, hydropower technologies and related services; onshore and offshore wind turbines; and grid equipment, power-conversion systems and software used to support electricity networks.
GE Vernova serves utilities, power producers, grid operators and other customers around the world.
See Also
- Five stocks we like better than GE Vernova
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
- Anthropic’s S-1 Strengthens the Case for Broadcom’s AI Growth
- After the Midterms, Which of These 3 Defense ETFs Looks Strongest?
- The Ugly Truth Behind SoundHound’s Q3 Results
Want to see what other hedge funds are holding GEV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE Vernova Inc. (NYSE:GEV – Free Report).
Receive News & Ratings for GE Vernova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE Vernova and related companies with MarketBeat.com's FREE daily email newsletter.
