SIR Capital Management L.P. Has $1.28 Million Stock Holdings in GE Vernova Inc. $GEV

SIR Capital Management L.P. decreased its stake in GE Vernova Inc. (NYSE:GEV) by 82.2% in the second quarter, Holdings Channel reports. The institutional investor owned 1,088 shares of the company’s stock after selling 5,037 shares during the quarter. SIR Capital Management L.P.’s holdings in GE Vernova were worth $1,278,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of GEV. Jones Financial Companies Lllp grew its holdings in shares of GE Vernova by 13.0% during the 2nd quarter. Jones Financial Companies Lllp now owns 233,947 shares of the company’s stock valued at $274,855,000 after acquiring an additional 26,890 shares in the last quarter. Fiduciary Financial Advisors purchased a new stake in shares of GE Vernova during the second quarter worth $694,000. Manning & Napier Advisors LLC boosted its position in GE Vernova by 284.4% during the second quarter. Manning & Napier Advisors LLC now owns 123 shares of the company’s stock valued at $136,000 after purchasing an additional 91 shares during the last quarter. L2 Asset Management LLC boosted its position in GE Vernova by 5.4% during the second quarter. L2 Asset Management LLC now owns 1,534 shares of the company’s stock valued at $1,802,000 after purchasing an additional 79 shares during the last quarter. Finally, Vega Investment Solutions grew its stake in GE Vernova by 1,425.7% in the second quarter. Vega Investment Solutions now owns 10,985 shares of the company’s stock valued at $12,379,000 after purchasing an additional 10,265 shares in the last quarter.

GE Vernova Price Performance

NYSE GEV opened at $912.32 on Friday. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The stock’s 50-day moving average is $1,031.82 and its two-hundred day moving average is $974.36. The firm has a market cap of $242.98 billion, a P/E ratio of 26.11, a price-to-earnings-growth ratio of 3.43 and a beta of 1.21. 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 (NYSE:GEV) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.17 by ($0.70). The company had revenue of $11.10 billion for the quarter, compared to the consensus estimate of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The business’s revenue was up 21.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.86 EPS. On average, analysts anticipate that GE Vernova Inc. will post 15.46 earnings per share for the current fiscal year.

Key GE Vernova News

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

• Positive Sentiment: HVDC joint venture expands growth prospects: GE Vernova announced a partnership with South Korea’s LS Electric to pursue voltage-source-converter HVDC projects. The venture could strengthen GEV’s position in a fast-growing market driven by grid modernization, renewable-power integration and rising electricity demand. GE Vernova’s New JV Could Unlock its Next Big Growth Engine
• Positive Sentiment: New U.K. grid contract adds backlog: GE Vernova was selected to supply a 400-kilovolt gas-insulated switchgear substation in Chesterfield, England, as part of National Grid’s Great Grid Upgrade. The award reinforces demand for GEV’s transmission equipment and exposure to long-term grid investment. GE Vernova secures 400 kV substation contract for UK grid upgrade
• Positive Sentiment: Demand outlook remains constructive: Recent coverage argues that GE Vernova’s businesses may be sold out through 2030, while AI-related data-center electricity demand and broader power shortages could support future orders. These themes bolster the long-term growth case, although they are largely forward-looking. GE Vernova: Sold Out Through 2030 Can AI Power Demand Drive Growth?
• Neutral Sentiment: Positive media commentary offers limited direct support: Jim Cramer continues to view GEV favorably because of its nuclear exposure and delivery visibility, but the commentary does not represent a change in earnings guidance or fundamentals. GE Vernova Isn’t A Great Short, Jim Cramer Said
• Negative Sentiment: CFO succession creates near-term uncertainty: GE Vernova’s announcement of a CFO transition may prompt investors to seek clarity on financial controls, capital allocation and execution. The move also coincided with Rivian’s CFO departing to join GEV, highlighting the leadership change but not necessarily signaling an operational problem. GE Vernova Announces CFO Transition and Leadership Succession

Wall Street Analyst Weigh In

Several brokerages have weighed in on GEV. JPMorgan Chase & Co. upped their target price on GE Vernova from $1,302.00 to $1,330.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Vernova in a report on Tuesday, July 21st. Wall Street Zen cut GE Vernova from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Oppenheimer increased their price objective on GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Finally, Royal Bank Of Canada raised their price objective on shares of GE Vernova from $1,195.00 to $1,225.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,133.15.

Insiders Place Their Bets

In other GE Vernova news, CEO Victor Abate sold 4,819 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the completion of the sale, the chief executive officer owned 1,835 shares of the company’s stock, valued at $1,739,726.80. This represents a 72.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.21% of the company’s stock.

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.