GE Vernova Inc. $GEV Stake Lifted by Carnegie Lake Advisors LLC

Carnegie Lake Advisors LLC increased its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 219.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,800 shares of the company’s stock after acquiring an additional 2,612 shares during the period. GE Vernova accounts for approximately 3.2% of Carnegie Lake Advisors LLC’s portfolio, making the stock its 10th biggest position. Carnegie Lake Advisors LLC’s holdings in GE Vernova were worth $3,612,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. B. Metzler seel. Sohn & Co. AG grew its holdings in GE Vernova by 37.7% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 23,080 shares of the company’s stock worth $27,116,000 after purchasing an additional 6,313 shares during the period. BG Investment Services LLC bought a new position in shares of GE Vernova during the 3rd quarter worth approximately $3,348,000. Citizens Financial Group Inc. RI bought a new position in shares of GE Vernova during the 2nd quarter worth approximately $8,337,000. Sapient Capital LLC boosted its stake in shares of GE Vernova by 31.4% during the 2nd quarter. Sapient Capital LLC now owns 76,038 shares of the company’s stock worth $89,372,000 after acquiring an additional 18,188 shares during the period. Finally, Processus Wealth & Capital Management LLC acquired a new position in shares of GE Vernova during the 2nd quarter worth approximately $2,699,000.

GE Vernova Stock Performance

GEV opened at $774.74 on Monday. The business has a fifty day simple moving average of $923.33 and a 200 day simple moving average of $944.61. The company has a market capitalization 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 Inc. has a 1 year low of $530.16 and a 1 year high of $1,195.94. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.83 and a quick ratio of 0.62.

GE Vernova (NYSE:GEV) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 EPS for the quarter, beating analysts’ consensus estimates of $4.03 by $0.78. The firm 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%. The company’s revenue for the quarter was up 26.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.64 EPS. Research analysts expect that GE Vernova Inc. will post 16.13 EPS for the current year.

GE Vernova Dividend Announcement

The firm 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. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 annualized dividend and a dividend yield of 0.3%. GE Vernova’s dividend payout ratio is 5.25%.

GE Vernova News Summary

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

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on GEV shares. Mizuho raised their price target on GE Vernova from $913.00 to $949.00 and gave the company a “neutral” rating in a report on Friday, July 24th. President Capital increased their price objective on shares of GE Vernova from $1,368.00 to $1,398.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Oppenheimer restated an “outperform” rating on shares of GE Vernova in a research note on Wednesday, October 28th. Jefferies Financial Group reaffirmed a “buy” rating and set a $1,100.00 target price on shares of GE Vernova in a report on Thursday, October 29th. Finally, William Blair reiterated an “outperform” rating on shares of GE Vernova in a research note on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, GE Vernova currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,144.20.

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.