Kingswood Wealth Advisors LLC lifted its holdings in GE Vernova Inc. (NYSE:GEV – Free Report) by 25.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,175 shares of the company’s stock after purchasing an additional 1,066 shares during the period. Kingswood Wealth Advisors LLC’s holdings in GE Vernova were worth $3,382,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in GEV. Capital World Investors lifted its position in shares of GE Vernova by 1,907.5% in the third quarter. Capital World Investors now owns 2,156,197 shares of the company’s stock worth $1,325,842,000 after purchasing an additional 2,048,792 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of GE Vernova by 170.0% in the third quarter. Franklin Resources Inc. now owns 1,175,729 shares of the company’s stock worth $722,956,000 after purchasing an additional 740,339 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of GE Vernova by 10,288.6% in the fourth quarter. SG Americas Securities LLC now owns 418,661 shares of the company’s stock worth $273,624,000 after purchasing an additional 414,631 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of GE Vernova by 66.0% in the second quarter. Raymond James Financial Inc. now owns 944,567 shares of the company’s stock worth $499,817,000 after purchasing an additional 375,677 shares in the last quarter. Finally, Nordea Investment Management AB lifted its position in shares of GE Vernova by 136.1% in the third quarter. Nordea Investment Management AB now owns 561,213 shares of the company’s stock worth $341,038,000 after purchasing an additional 323,481 shares in the last quarter.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the stock. Wall Street Zen raised shares of GE Vernova from a “hold” rating to a “buy” rating in a research report on Saturday, January 31st. Mizuho set a $714.00 price target on shares of GE Vernova in a research report on Tuesday, February 3rd. UBS Group reaffirmed a “buy” rating on shares of GE Vernova in a research report on Thursday, January 29th. Zacks Research raised shares of GE Vernova from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 30th. Finally, Erste Group Bank raised shares of GE Vernova to a “strong-buy” rating in a research report on Tuesday, March 24th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, GE Vernova has an average rating of “Buy” and an average target price of $919.48.
Key GE Vernova News
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: Company beat consensus on the quarter and raised its full‑year revenue outlook, citing strong order growth across power and electrification — the primary driver behind the rally. GE Vernova lifts annual revenue forecast on data center demand (Reuters)
- Positive Sentiment: Management and analysts highlighted a material revenue tailwind from data center (AI) buildouts that is boosting near‑term sales and margins in power equipment and electrification. GE Vernova Stock Soars to New Highs (Investopedia)
- Positive Sentiment: Company reported record results and investor materials (slide deck / press release) that confirmed revenue and profit beats, prompting price‑target upgrades and renewed buy interest. GE Vernova Q1 press release / slide deck
- Positive Sentiment: Longer‑term project progress: GE Vernova says its next‑gen nuclear project in Ontario is ~38% complete and on track for 2030 start — a sign that its nuclear pipeline is advancing (supports future revenue visibility). Trump’s Nuclear Push Meets Reality As GE Vernova Targets Power By 2030 (Benzinga)
- Neutral Sentiment: Analysts and institutional holders remain bullish: recent coverage shows buy ratings and sizable hedge‑fund ownership, which can amplify momentum but also compress the scope for additional upgrades. BMO Keeps Buy Rating on GE Vernova (The Globe & Mail)
- Neutral Sentiment: Earnings call and transcripts provide detail on order mix, backlog and margin drivers — useful for investors who want to dig into sustainability of the beat. GE Vernova Q1 Earnings Call Transcript (Seeking Alpha)
- Negative Sentiment: Valuation and expectations are elevated after the rally (GEV carries a high P/E vs. historical averages), raising the risk of profit‑taking if growth or margins disappoint. GE Vernova Stock Soars to Record High (Blockonomi)
- Negative Sentiment: Nuclear and large capital projects carry execution and funding risks; industry commentary highlights that political momentum needs to translate into sustained financing and delivery. Stock Market Today: NuScale & nuclear funding risks (The Motley Fool)
GE Vernova Price Performance
NYSE:GEV opened at $1,126.25 on Thursday. GE Vernova Inc. has a one year low of $333.19 and a one year high of $1,142.00. The company has a market cap of $302.80 billion, a P/E ratio of 63.27, a P/E/G ratio of 3.88 and a beta of 1.43. The firm’s fifty day moving average price is $884.14 and its two-hundred day moving average price is $724.39.
GE Vernova (NYSE:GEV – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, beating the consensus estimate of $1.95 by $15.49. GE Vernova had a net margin of 12.83% and a return on equity of 46.91%. The firm had revenue of $9.34 billion for the quarter, compared to the consensus estimate of $9.19 billion. During the same period in the previous year, the company earned $0.91 earnings per share. The company’s quarterly revenue was up 17.0% on a year-over-year basis. As a group, equities research analysts expect that GE Vernova Inc. will post 14.2 earnings per share for the current year.
GE Vernova Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, March 17th. GE Vernova’s payout ratio is currently 11.24%.
About GE Vernova
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.
See Also
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