Consolidated Investment Group LLC boosted its stake in GE Vernova Inc. (NYSE:GEV – Free Report) by 19.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,300 shares of the company’s stock after acquiring an additional 700 shares during the period. Consolidated Investment Group LLC’s holdings in GE Vernova were worth $4,087,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Alpha Financial Partners LLC lifted its position in shares of GE Vernova by 2.0% in the 1st quarter. Alpha Financial Partners LLC now owns 514 shares of the company’s stock worth $449,000 after purchasing an additional 10 shares during the period. Sandy Cove Advisors LLC boosted its stake in shares of GE Vernova by 2.6% in the 2nd quarter. Sandy Cove Advisors LLC now owns 389 shares of the company’s stock valued at $457,000 after purchasing an additional 10 shares during the last quarter. Mirador Capital Partners LP boosted its stake in shares of GE Vernova by 2.5% in the 2nd quarter. Mirador Capital Partners LP now owns 408 shares of the company’s stock valued at $479,000 after purchasing an additional 10 shares during the last quarter. Elevation Wealth Partners LLC boosted its stake in shares of GE Vernova by 15.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 75 shares of the company’s stock valued at $88,000 after purchasing an additional 10 shares during the last quarter. Finally, Byrne Asset Management LLC increased its position in shares of GE Vernova by 1.0% during the third quarter. Byrne Asset Management LLC now owns 980 shares of the company’s stock worth $968,000 after buying an additional 10 shares during the period.
GE Vernova Trading Up 7.2%
Shares of GE Vernova stock opened at $829.47 on Tuesday. The stock has a market capitalization of $219.54 billion, a PE ratio of 21.77, a price-to-earnings-growth ratio of 2.71 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 stock has a 50 day moving average price of $921.67 and a two-hundred day moving average price of $945.42. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.62 and a current ratio of 0.83.
GE Vernova (NYSE:GEV – Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $12.64 billion during the quarter, compared to analysts’ expectations of $11.99 billion. GE Vernova had a net margin of 23.54% and a return on equity of 46.50%. The business’s revenue was up 26.8% on a year-over-year basis. During the same period last year, the company earned $1.64 earnings per share. As a group, equities analysts anticipate that GE Vernova Inc. will post 16.13 earnings per share for the current fiscal year.
GE Vernova Dividend Announcement
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 issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova’s dividend payout ratio is 5.25%.
Trending Headlines about GE Vernova
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: GE Vernova won its sixth project with Stadtwerke Heidenheim, agreeing to supply three onshore turbines for a German wind farm and provide 20 years of maintenance. The deal supports recurring service revenue, though its financial terms were not disclosed. GE Vernova Lands Wind Turbine Order With 20-Year Service Deal
- Positive Sentiment: Investors also had a broader demand catalyst: Constellation Energy raised its 2026 guidance and announced data-center deals, helping ease concerns that a potential data-center construction slowdown would curb electricity demand. GE Vernova could benefit from continued investment in power generation. GE Vernova Soars as Constellation Raises Guidance
- Positive Sentiment: The company was also selected for a 6-GW high-voltage direct-current transmission corridor in India, a large infrastructure project booked in the fourth quarter. GE Vernova to Support India’s Energy Transition With 6-GW HVDC Transmission Project
- Neutral Sentiment: Reports of a tight market for gas turbines, with new U.S. equipment reportedly taking years to deliver, underscore potential demand for GE Vernova’s products, but do not guarantee additional orders. Shortage of Turbines Drives Market for Second-Hand Market for AI Data Centers
- Negative Sentiment: A separate analysis flagged a $9 billion acquisition as a complication for the company’s valuation and cash-flow outlook, keeping deal-related risks on investors’ radar. GE Vernova Share Price and $9B Acquisition Outlook
- Negative Sentiment: Elon Musk’s claim that SoftBank is defaulting on turbine orders raises a potential customer-demand concern, although the reports do not establish the impact on GE Vernova’s own orders. SoftBank Turbine Orders Warning for GE Vernova
Wall Street Analysts Forecast Growth
GEV has been the subject of a number of analyst reports. Mizuho lifted their target price on shares of GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. TD Cowen dropped 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. Argus decreased their price target on GE Vernova from $1,300.00 to $1,100.00 and set a “buy” rating for the company in a report on Tuesday, November 3rd. 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. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $1,200.00 price objective on shares of GE Vernova in a research report 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 given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,144.20.
View Our Latest Stock Analysis on GE Vernova
GE Vernova 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.
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