GE Vernova Inc. $GEV Shares Newly Purchased by Narwhal Capital Management

Narwhal Capital Management acquired a new position in GE Vernova Inc. (NYSE:GEV) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,744 shares of the company’s stock, valued at approximately $3,559,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Guardian Financial Partners LLC boosted its stake in shares of GE Vernova by 25.4% in the 3rd quarter. Guardian Financial Partners LLC now owns 927 shares of the company’s stock valued at $881,000 after purchasing an additional 188 shares during the last quarter. 71 West Capital Partners increased its position in shares of GE Vernova by 3.5% during the third quarter. 71 West Capital Partners now owns 2,309 shares of the company’s stock worth $2,195,000 after buying an additional 78 shares during the period. Welch & Forbes LLC increased its position in shares of GE Vernova by 95.4% during the third quarter. Welch & Forbes LLC now owns 20,856 shares of the company’s stock worth $19,823,000 after buying an additional 10,184 shares during the period. United Capital Management of KS Inc. raised its stake in GE Vernova by 4,191.6% during the third quarter. United Capital Management of KS Inc. now owns 11,716 shares of the company’s stock worth $11,136,000 after buying an additional 11,443 shares during the last quarter. Finally, Pinion Investment Advisors LLC raised its stake in GE Vernova by 4.0% during the third quarter. Pinion Investment Advisors LLC now owns 446 shares of the company’s stock worth $424,000 after buying an additional 17 shares during the last quarter.

GE Vernova Price Performance

GE Vernova stock opened at $795.38 on Wednesday. The stock has a market capitalization of $210.52 billion, a price-to-earnings ratio of 20.87, a PEG ratio of 2.70 and a beta of 1.25. GE Vernova Inc. has a 52-week low of $530.16 and a 52-week high of $1,195.94. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.62 and a current ratio of 0.83. The stock’s 50 day moving average price is $919.64 and its two-hundred day moving average price is $946.09.

GE Vernova (NYSE:GEV) last released its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 earnings per share for the quarter, beating 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 analyst estimates of $11.99 billion. During the same quarter in the previous year, the business posted $1.64 EPS. GE Vernova’s revenue for the quarter was up 26.8% compared to the same quarter last year. On average, equities analysts predict that GE Vernova Inc. will post 16.13 earnings per share for the current year.

GE Vernova Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $2.00 annualized dividend and a yield of 0.3%. GE Vernova’s dividend payout ratio is currently 5.25%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on GEV shares. Guggenheim dropped their target price on shares of GE Vernova from $1,450.00 to $1,400.00 and set a “buy” rating on the stock in a report on Monday, November 2nd. Sanford C. Bernstein reiterated an “outperform” rating and set a $1,298.00 price target on shares of GE Vernova in a report on Wednesday, October 28th. BNP Paribas Exane lowered their price objective on GE Vernova from $1,190.00 to $1,090.00 and set a “neutral” rating for the company in a research report on Thursday, August 20th. Citigroup lowered their price objective on GE Vernova from $1,125.00 to $1,000.00 and set a “neutral” rating for the company in a research report on Thursday, October 29th. Finally, JPMorgan Chase & Co. dropped their price objective on GE Vernova from $1,150.00 to $1,035.00 and set an “overweight” rating on the stock in a research note on Thursday, October 29th. Two equities research 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 company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,144.20.

More GE Vernova News

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

• Positive Sentiment: GE Vernova plans to invest $34.5 million to expand transformer manufacturing in Shreveport, Louisiana, aiming to meet rising demand for grid equipment. Article: GE Vernova to spend $34.5M expanding Louisiana transformer manufacturing capacity
• Positive Sentiment: The company reported new hydrogen-testing milestones for its aeroderivative gas turbines, potentially strengthening its position in lower-carbon power generation. Article: GE Vernova Advances Hydrogen Capabilities for Aeroderivative Gas Turbines with New Milestones
• Positive Sentiment: A German customer ordered three onshore wind turbines along with a 20-year service agreement, adding equipment sales and potential recurring service revenue. Article: GE Vernova Stock In Focus After Germany Wind Turbine Order
• Neutral Sentiment: GE Vernova’s backlog reached a reported record $197 billion and the company raised its 2026 revenue guidance. These fundamentals support demand, though the stock’s decline suggests investors are weighing how reliably that backlog will convert into growth. Article: GE Vernova, Vertiv, and Bloom Energy Just Lost 10% to 24% in a Week
• Negative Sentiment: Shares came under pressure after SoftBank revised plans for U.S. data-center projects, raising concerns about potential changes to expected power demand and related equipment orders. Article: GE Vernova shares slide after SoftBank revises US data center project plans
• Negative Sentiment: The broader AI-power stock group retreated after a recent rally, adding sector-level pressure. GLJ Research also reaffirmed its sell rating and $540 price target, signaling a bearish analyst view. Article: GE Vernova Declines as AI Power Stocks Give Back Monday’s Rally

About GE Vernova

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.