GE Vernova Inc. $GEV Shares Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC raised its position in GE Vernova Inc. (NYSE:GEV) by 25.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,048 shares of the company’s stock after purchasing an additional 4,520 shares during the period. Park Avenue Securities LLC’s holdings in GE Vernova were worth $20,957,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Parvin Asset Management LLC bought a new position in shares of GE Vernova in the second quarter worth approximately $32,000. Pingora Partners LLC purchased a new stake in GE Vernova in the second quarter valued at approximately $36,000. Manning & Napier Advisors LLC lifted its position in GE Vernova by 68.4% during the first quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock valued at $26,000 after purchasing an additional 13 shares during the last quarter. IMG Wealth Management Inc. bought a new stake in GE Vernova during the second quarter valued at approximately $39,000. Finally, Miller Global Investments LLC lifted its position in GE Vernova by 63.6% during the second quarter. Miller Global Investments LLC now owns 36 shares of the company’s stock valued at $42,000 after purchasing an additional 14 shares during the last quarter.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Royal Bank Of Canada lifted their price objective on shares of GE Vernova from $1,195.00 to $1,225.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Guggenheim reissued a “buy” rating and issued a $1,450.00 target price on shares of GE Vernova in a research note on Tuesday, October 13th. BNP Paribas Exane reduced their target price on GE Vernova from $1,190.00 to $1,090.00 and set a “neutral” rating on the stock in a research note on Thursday, August 20th. Sanford C. Bernstein restated an “outperform” rating and set a $1,298.00 price target (up from $1,206.00) on shares of GE Vernova in a research report on Tuesday, September 15th. Finally, The Goldman Sachs Group raised GE Vernova from a “buy” rating to a “market outperform” rating in a research note on Monday, September 14th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, GE Vernova has an average rating of “Moderate Buy” and an average price target of $1,164.87.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: GE Vernova secured an order to supply a gas turbine and generator for a 372-megawatt combined-cycle power plant in Côte d’Ivoire. The project expands the company’s presence in West Africa and supports its strategy of growing its Gas Power business in new markets. GE Vernova (GEV) Lands 372 MW Côte D’Ivoire Power Plant Order
• Positive Sentiment: Bank of America maintained its Buy rating and a $1,310 price target, signaling continued confidence in GE Vernova’s long-term exposure to grid investment, electrification, and rising electricity demand. BofA keeps Buy rating for GE Vernova stock at USD 1,310 target
• Positive Sentiment: Investors are watching demand for heavy-duty gas turbines and potential growth in high-margin service revenue. Strong third-quarter orders, full-year gigawatt bookings, or additional HA turbine-unit commitments could reinforce the bullish power-demand thesis. GE Vernova Reports Oct. 28
• Neutral Sentiment: GE Vernova is scheduled to report third-quarter results before the market opens on Wednesday, October 28. Guidance may have a greater effect on sentiment than the quarter’s results because expectations are already high. Energy Stock GE Vernova Eyes This Week’s Earnings Call
• Negative Sentiment: Analysts caution that GE Vernova’s valuation remains demanding even after a recent decline. Wind revenue and orders have weakened since 2024, while tariffs, higher interest rates, and possible industry earnings reductions could pressure results and investor expectations. GE Vernova: The Biggest Risk Is Not Demand

GE Vernova Stock Up 5.0%

Shares of GEV opened at $855.73 on Tuesday. The firm has a market cap of $227.91 billion, a P/E ratio of 24.49, a P/E/G ratio of 2.82 and a beta of 1.14. The stock has a 50 day simple moving average of $949.47 and a two-hundred day simple moving average of $934.68. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62. GE Vernova Inc. has a 1 year low of $530.16 and a 1 year high of $1,195.94.

GE Vernova Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Tuesday, October 27th. GE Vernova’s payout ratio is presently 5.72%.

About GE Vernova

GE Vernova Inc (NYSE: GEV) is an energy technology company focused on helping generate, transmit, store and deliver electricity. The company serves utilities, power producers, grid operators, commercial and industrial customers, and other energy-sector participants worldwide.

Its business is organized around three primary areas: Power, Wind and Electrification. Power provides technologies and services for gas and steam power generation, hydropower, nuclear power and other energy systems.