California Public Employees Retirement System Buys 12,803 Shares of GE Vernova Inc. $GEV

California Public Employees Retirement System raised its stake in shares of GE Vernova Inc. (NYSE:GEV) by 2.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 471,819 shares of the company’s stock after buying an additional 12,803 shares during the period. California Public Employees Retirement System owned about 0.17% of GE Vernova worth $290,122,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of GEV. Brighton Jones LLC boosted its stake in shares of GE Vernova by 29.4% in the 4th quarter. Brighton Jones LLC now owns 3,315 shares of the company’s stock worth $1,091,000 after buying an additional 753 shares during the last quarter. Schnieders Capital Management LLC. increased its position in GE Vernova by 1.7% during the second quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company’s stock valued at $828,000 after acquiring an additional 26 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in GE Vernova by 92.8% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,982 shares of the company’s stock valued at $3,165,000 after acquiring an additional 2,879 shares during the period. Bailard Inc. lifted its holdings in GE Vernova by 21.9% in the second quarter. Bailard Inc. now owns 1,356 shares of the company’s stock valued at $718,000 after acquiring an additional 244 shares during the period. Finally, ABN Amro Investment Solutions purchased a new position in GE Vernova in the second quarter worth about $2,855,000.

Key GE Vernova News

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

• Positive Sentiment: Management and industry reports say gas-turbine demand is surging and the backlog is growing toward ~$200B by 2028, underpinning revenue visibility and analyst upgrades. GE Vernova Expands Power Role As AI And Grid Backlog Swell
• Positive Sentiment: Analysts have been raising estimates and targets on AI-driven gas-turbine demand and a reported ~$150B backlog, supporting momentum and revisions higher to revenue/earnings forecasts. A Look At GE Vernova (GEV) Valuation After AI Driven Upgrades And US$150b Backlog
• Positive Sentiment: High-profile bullish commentary from Jim Cramer (saying he likes the stock and would buy) can boost retail interest and liquidity in the short term. Jim Cramer on GE Vernova: “I like the stock very much”
• Neutral Sentiment: GE Vernova is expanding manufacturing and supply capacity (Vietnam, Italy, wind facilities) to meet demand — capex and execution will determine margin leverage and timing of revenue realization. Can GE Vernova’s Capacity Expansion Power the Global Energy Transition?
• Negative Sentiment: Valuation and profitability concerns: independent analysis flags GEV’s rich multiples versus industrial peers and weaker operating margins, suggesting limited upside if growth slows. That supports short-term profit-taking. Is GEV Stock A Better Pick Than Honeywell And Eaton?
• Negative Sentiment: High past gains and recent run-up (strong YTD performance) raise the risk of short-term volatility and pullbacks as some investors lock in gains despite long-term demand signals. GE Vernova: Road To $1,000 As Estimate Revisions Keep Climbing

GE Vernova Stock Down 3.3%

Shares of GEV opened at $804.45 on Friday. The business has a 50-day simple moving average of $759.92 and a two-hundred day simple moving average of $663.84. GE Vernova Inc. has a 52 week low of $252.25 and a 52 week high of $894.93. The stock has a market cap of $216.82 billion, a price-to-earnings ratio of 45.19, a PEG ratio of 3.20 and a beta of 1.45.

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

GE Vernova Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on GEV shares. Weiss Ratings upgraded GE Vernova from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Evercore increased their price objective on shares of GE Vernova from $860.00 to $905.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. William Blair reissued an “outperform” rating on shares of GE Vernova in a report on Wednesday, December 10th. TD Cowen boosted their target price on shares of GE Vernova from $680.00 to $780.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Glj Research upped their target price on shares of GE Vernova from $758.00 to $1,087.00 and gave the company a “buy” rating in a report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $831.29.

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.