GE Vernova Inc. $GEV Shares Purchased by Intech Investment Management LLC

Intech Investment Management LLC boosted its position in GE Vernova Inc. (NYSE:GEV) by 127.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 26,331 shares of the company’s stock after acquiring an additional 14,760 shares during the period. Intech Investment Management LLC’s holdings in GE Vernova were worth $16,191,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of GEV. Norges Bank purchased a new stake in shares of GE Vernova in the second quarter valued at $1,809,220,000. Arrowstreet Capital Limited Partnership boosted its stake in GE Vernova by 273.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,508,317 shares of the company’s stock worth $798,126,000 after buying an additional 1,104,747 shares during the last quarter. Qube Research & Technologies Ltd boosted its stake in GE Vernova by 771.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 763,226 shares of the company’s stock worth $403,861,000 after buying an additional 675,629 shares during the last quarter. Invesco Ltd. grew its holdings in GE Vernova by 26.3% in the 2nd quarter. Invesco Ltd. now owns 2,217,257 shares of the company’s stock valued at $1,173,262,000 after buying an additional 462,038 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of GE Vernova by 66.0% during the 2nd quarter. Raymond James Financial Inc. now owns 944,567 shares of the company’s stock valued at $499,817,000 after acquiring an additional 375,677 shares during the last quarter.

Wall Street Analysts Forecast Growth

GEV has been the topic of several research analyst reports. Morgan Stanley reissued an “overweight” rating and issued a $817.00 target price on shares of GE Vernova in a research report on Monday, January 26th. Wells Fargo & Company lifted their price target on shares of GE Vernova from $717.00 to $831.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Glj Research upped their price objective on GE Vernova from $758.00 to $1,087.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Mizuho set a $714.00 target price on GE Vernova in a research report on Tuesday, February 3rd. Finally, Barclays reiterated an “overweight” rating and issued a $849.00 target price on shares of GE Vernova in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, GE Vernova currently has a consensus rating of “Moderate Buy” and an average price target of $788.24.

GE Vernova Price Performance

NYSE:GEV opened at $874.61 on Thursday. GE Vernova Inc. has a 12 month low of $252.25 and a 12 month high of $894.93. The business’s 50-day moving average is $716.98 and its two-hundred day moving average is $645.60. The firm has a market capitalization of $235.73 billion, a PE ratio of 49.14, a price-to-earnings-growth ratio of 3.50 and a beta of 1.67.

GE Vernova (NYSE:GEV) last posted its earnings results on Wednesday, January 28th. The company reported $13.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $10.40. The business had revenue of $10.96 billion during the quarter, compared to analyst estimates of $10.21 billion. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.73 earnings per share. Equities analysts anticipate that GE Vernova Inc. will post 6.59 EPS for the current year.

GE Vernova Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 17th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, March 17th. GE Vernova’s payout ratio is presently 11.24%.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Short interest fell sharply in February (down ~14.7% to 6.06M shares, ~2.3% of shares sold short; days-to-cover ~1.8), reducing immediate bearish pressure and the risk of short-driven volatility.
• Positive Sentiment: Multiple bullish media pieces are highlighting GEV as a primary beneficiary of AI-driven electricity demand and a structural energy upcycle, supporting investor appetite. Why GE Vernova Is The Market’s New Favorite Energy Play
• Positive Sentiment: Long-term buy thesis being promoted by retail/income-focused outlets citing surging demand from data centers and other large electricity consumers. 1 Brilliant Energy Stock to Buy Now and Hold for the Long Term
• Positive Sentiment: Analyst-theme coverage (Zacks/Yahoo) groups GEV with other energy names benefiting from AI power demand, which can attract thematic and momentum flows. Zacks Investment Ideas feature highlights: Bloom Energy, Excelerate Energy and GE Vernova
• Positive Sentiment: Coverage pointing to a potential “growth supercycle” tied to AI-related power needs and shareholder payouts, reinforcing a case for multi-year demand tailwinds. GE Vernova Growth Supercycle Tied To AI Power And Payouts
• Positive Sentiment: High-profile endorsement from media figures increases retail visibility and can boost short-term interest. I Trust GE Vernova (GEV) CEO, Says Jim Cramer
• Neutral Sentiment: Independent/critical write-up provides a deeper look at risks and fundamentals that some investors may weigh against the bullish narrative. GE Vernova (NYSE:GEV) and Montauk Renewables (NASDAQ:MNTK) Critical Analysis

About GE Vernova

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.