GE Vernova Inc. $GEV Holdings Raised by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS increased its stake in GE Vernova Inc. (NYSE:GEV) by 9.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,759 shares of the company’s stock after buying an additional 992 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in GE Vernova were worth $11,177,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GEV. BlackRock Inc. acquired a new position in GE Vernova during the 2nd quarter valued at about $25,569,630,000. State Street Corp raised its position in shares of GE Vernova by 3.3% during the 2nd quarter. State Street Corp now owns 11,765,340 shares of the company’s stock worth $13,828,380,000 after buying an additional 370,842 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of GE Vernova by 20.1% in the 1st quarter. Bank of America Corp DE now owns 2,598,178 shares of the company’s stock worth $2,267,949,000 after acquiring an additional 435,405 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of GE Vernova in the 2nd quarter worth approximately $2,497,472,000. Finally, Jupiter Topco LLC acquired a new stake in shares of GE Vernova in the 2nd quarter worth approximately $2,371,538,000.

Analyst Ratings Changes

Several research firms have recently issued reports on GEV. Evercore reiterated an “outperform” rating and issued a $1,350.00 price objective on shares of GE Vernova in a report on Thursday, October 1st. Argus dropped their target price on GE Vernova from $1,300.00 to $1,100.00 and set a “buy” rating on the stock in a report on Tuesday, November 3rd. Royal Bank Of Canada boosted their target price on GE Vernova from $1,225.00 to $1,230.00 and gave the stock an “outperform” rating in a report on Thursday, October 29th. Sanford C. Bernstein restated an “outperform” rating and issued a $1,298.00 target price on shares of GE Vernova in a research report on Wednesday, October 28th. Finally, Mizuho upped their target price on GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,144.20.

GE Vernova Price Performance

NYSE:GEV opened at $774.74 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.83 and a debt-to-equity ratio of 0.22. The business’s 50-day moving average price is $923.33 and its 200 day moving average price is $944.61. GE Vernova Inc. has a 52-week low of $530.16 and a 52-week high of $1,195.94. The firm has a market cap of $205.06 billion, a P/E ratio of 20.33, a PEG ratio of 2.52 and a beta of 1.25.

GE Vernova (NYSE:GEV) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $4.81 earnings per share for the quarter, beating analysts’ consensus estimates of $4.03 by $0.78. GE Vernova had a net margin of 23.54% and a return on equity of 46.50%. The company had revenue of $12.64 billion during the quarter, compared to the consensus estimate of $11.99 billion. During the same period in the prior year, the company earned $1.64 EPS. GE Vernova’s revenue was up 26.8% on a year-over-year basis. As a group, sell-side analysts predict that GE Vernova Inc. will post 16.13 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $2.00 annualized dividend and a yield of 0.3%. GE Vernova’s dividend payout ratio is currently 5.25%.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova’s backlog and order growth, along with three increases to its 2026 guidance, support the longer-term earnings outlook. The article also points to gas turbines as a potential source of future high-margin service revenue. Article: GE Vernova Is Up 18% in 2026 After Three Guidance Raises
• Positive Sentiment: Some investors view the stock’s decline as a potential buying opportunity, arguing that GE Vernova supplies power equipment Nvidia and other technology companies need, while the company continues to add orders. Article: GE Vernova Has Something Nvidia Needs Under a Democratic Congress
• Neutral Sentiment: Analyst views are mixed: one report noted an Argus Research Buy rating, while other recent coverage highlighted a downgrade and a pessimistic price outlook. This leaves uncertainty about whether the selloff has made GEV an attractive value. Article: GE Vernova Receives a Buy from Argus Research
• Negative Sentiment: A reported analyst downgrade contributed to a sharp decline in the shares, adding pressure to a stock already hit by a broader selloff in data-center-related names. Article: GE Vernova Shares Down 9.4% on Analyst Downgrade
• Negative Sentiment: Newly elected Democratic officials in Texas have pledged to pause approvals for large AI data-center projects, and proposals elsewhere could bring tighter energy, zoning, and environmental reviews. If projects are delayed, demand for the power generation and grid equipment GE Vernova sells could be affected. Article: GE Vernova Sees New Risks From AI Data Center Permitting Pause

GE Vernova Company Profile

GE Vernova is an energy technology company that designs, manufactures and services equipment used to generate, transmit and distribute electricity. It became an independent public company in April 2024 after separating from General Electric, which had built its energy businesses over more than a century.

The company operates through three main businesses: Power, Wind and Electrification. Its offerings include gas and steam turbines, hydropower technologies and related services; onshore and offshore wind turbines; and grid equipment, power-conversion systems and software used to support electricity networks.

GE Vernova serves utilities, power producers, grid operators and other customers around the world.