2,297 Shares in GE Vernova Inc. $GEV Bought by Processus Wealth & Capital Management LLC

Processus Wealth & Capital Management LLC purchased a new position in GE Vernova Inc. (NYSE:GEV) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,297 shares of the company’s stock, valued at approximately $2,699,000.

Other institutional investors have also added to or reduced their stakes in the company. First Community Trust NA increased its holdings in shares of GE Vernova by 171.5% in the second quarter. First Community Trust NA now owns 448 shares of the company’s stock worth $526,000 after buying an additional 283 shares during the period. Ballast Inc. purchased a new stake in GE Vernova during the 2nd quarter valued at about $1,040,000. Regent Peak Wealth Advisors LLC grew its position in GE Vernova by 10.3% during the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 1,100 shares of the company’s stock worth $1,292,000 after acquiring an additional 103 shares during the last quarter. Annex Advisory Services LLC grew its position in GE Vernova by 14.3% during the 2nd quarter. Annex Advisory Services LLC now owns 1,199 shares of the company’s stock worth $1,408,000 after acquiring an additional 150 shares during the last quarter. Finally, Insight Wealth Strategies LLC increased its stake in GE Vernova by 21.0% in the 2nd quarter. Insight Wealth Strategies LLC now owns 351 shares of the company’s stock worth $399,000 after purchasing an additional 61 shares during the period.

GE Vernova Price Performance

GEV opened at $1,039.43 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85. GE Vernova Inc. has a 52-week low of $530.16 and a 52-week high of $1,195.94. The stock has a market capitalization of $276.83 billion, a PE ratio of 29.75, a price-to-earnings-growth ratio of 3.61 and a beta of 1.21. The stock’s 50 day moving average price is $1,029.79 and its 200-day moving average price is $954.26.

GE Vernova (NYSE:GEV) last announced its earnings results on Wednesday, July 22nd. The company reported $2.47 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 for the quarter, compared to the consensus estimate of $10.79 billion. During the same quarter in the prior year, the company earned $1.86 EPS. GE Vernova’s revenue was up 21.9% compared to the same quarter last year. On average, equities research analysts predict that GE Vernova Inc. will post 15.57 EPS for the current year.

GE Vernova Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 16th were issued a $0.50 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova’s dividend payout ratio is 5.72%.

Insider Buying and Selling

In other news, CEO Victor Abate sold 4,819 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $948.08, for a total value of $4,568,797.52. Following the completion of the sale, the chief executive officer directly owned 1,835 shares of the company’s stock, valued at approximately $1,739,726.80. This trade represents a 72.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.21% of the company’s stock.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: AI data-center expansion is driving record demand for gas turbines, grid equipment and electrification products, positioning GE Vernova as a key supplier for power-constrained hyperscalers. AI Data Center Boom Drives Record Gas Turbine Orders
• Positive Sentiment: Second-quarter revenue grew roughly 22%, while the backlog reached a record $176 billion, including more than $45 billion expected to be recognized over the next 12 months. The backlog provides substantial forward visibility. GE Vernova’s AI Power Boom Faces a Profit Test
• Positive Sentiment: Analysts and bullish investors point to strong Power and Electrification growth, recurring higher-margin services, a robust balance sheet and potential Wind margin improvement. Management is targeting approximately $46 billion of 2026 revenue and a 13% EBITDA margin. Rising Guidance Every Quarter, 2028 Looks Bright
• Positive Sentiment: Erste Group raised its 2027 earnings-per-share forecast modestly to $24.73 from $24.64, reinforcing the view that earnings estimates remain on an upward trend. GE Vernova analyst estimates
• Neutral Sentiment: Recent commentary is broadly bullish on the business but more cautious on the stock after its strong performance. The shares trade near the upper end of their 12-month range, with investors requiring continued execution to justify further gains. Why I’m Bullish on the Business but Patient on the Stock
• Negative Sentiment: GE Vernova missed adjusted EPS expectations in the latest quarter. Wind-segment losses and tariff costs pressured profitability, raising questions about how quickly backlog growth will translate into margins and cash flow. GE Vernova’s AI Power Boom Faces a Profit Test
• Negative Sentiment: At a high earnings multiple, much of the AI and grid-modernization opportunity appears priced in. The key risk is that growth and margin expansion slow after the initial backlog-driven benefits. Hard to See Much Upside With Expectations This High

Analyst Ratings Changes

Several analysts have weighed in on the company. Robert W. Baird boosted their price objective on GE Vernova from $1,008.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. William Blair reiterated an “outperform” rating on shares of GE Vernova in a report on Monday, August 3rd. Wall Street Zen lowered shares of GE Vernova from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. BNP Paribas Exane cut shares of GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 price target for the company. in a research report on Monday, April 27th. Finally, Morgan Stanley cut shares of GE Vernova from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,133.15.

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.