GE Vernova Inc. $GEV Shares Purchased by Cinctive Capital Management LP

Cinctive Capital Management LP raised its stake in GE Vernova Inc. (NYSE:GEV) by 147.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,929 shares of the company’s stock after acquiring an additional 2,940 shares during the period. Cinctive Capital Management LP’s holdings in GE Vernova were worth $3,031,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Clear Street Group Inc. acquired a new stake in GE Vernova during the 3rd quarter worth $28,375,000. Ausdal Financial Partners Inc. boosted its stake in GE Vernova by 54.7% in the third quarter. Ausdal Financial Partners Inc. now owns 2,401 shares of the company’s stock valued at $1,477,000 after acquiring an additional 849 shares in the last quarter. Aventail Capital Group LP purchased a new position in shares of GE Vernova during the third quarter worth about $10,128,000. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of GE Vernova by 236.1% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 17,170 shares of the company’s stock worth $10,506,000 after purchasing an additional 12,061 shares during the last quarter. Finally, California Public Employees Retirement System increased its position in shares of GE Vernova by 2.8% during the third quarter. California Public Employees Retirement System now owns 471,819 shares of the company’s stock worth $290,122,000 after purchasing an additional 12,803 shares in the last quarter.

Key Stories Impacting GE Vernova

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%

NYSE GEV opened at $804.45 on Monday. The firm has a market cap of $216.82 billion, a P/E ratio of 45.19, a P/E/G ratio of 3.20 and a beta of 1.44. GE Vernova Inc. has a 52-week low of $252.25 and a 52-week high of $894.93. The business’s 50-day moving average price is $759.92 and its 200 day moving average price is $664.12.

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

GE Vernova Announces Dividend

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

Analysts Set New Price Targets

Several analysts have recently weighed in on GEV shares. Weiss Ratings raised GE Vernova from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. Mizuho set a $714.00 price target on GE Vernova in a research note on Tuesday, February 3rd. Robert W. Baird set a $923.00 price objective on GE Vernova and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Rothschild & Co Redburn raised GE Vernova from a “sell” rating to a “buy” rating and increased their price objective for the company from $560.00 to $1,100.00 in a report on Monday, March 9th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of GE Vernova in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $831.29.

GE Vernova 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.