GE Vernova Inc. $GEV Stock Purchased by Vestor Capital LLC

Vestor Capital LLC grew its stake in shares of GE Vernova Inc. (NYSE:GEV) by 10,814.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 398,177 shares of the company’s stock after acquiring an additional 394,529 shares during the period. GE Vernova makes up approximately 10.7% of Vestor Capital LLC’s portfolio, making the stock its 2nd biggest position. Vestor Capital LLC’s holdings in GE Vernova were worth $378,463,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in GE Vernova in the second quarter valued at about $25,569,630,000. State Street Corp boosted its stake in shares of GE Vernova by 3.3% during the second quarter. State Street Corp now owns 11,765,340 shares of the company’s stock valued at $13,828,380,000 after purchasing an additional 370,842 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of GE Vernova during the second quarter worth about $2,961,612,000. Bank of New York Mellon Corp acquired a new position in shares of GE Vernova in the second quarter valued at approximately $2,497,472,000. Finally, Jupiter Topco LLC acquired a new position in shares of GE Vernova in the second quarter valued at approximately $2,371,538,000.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova won its sixth project with Stadtwerke Heidenheim, agreeing to supply three onshore turbines for a German wind farm and provide 20 years of maintenance. The deal supports recurring service revenue, though its financial terms were not disclosed. GE Vernova Lands Wind Turbine Order With 20-Year Service Deal
• Positive Sentiment: Investors also had a broader demand catalyst: Constellation Energy raised its 2026 guidance and announced data-center deals, helping ease concerns that a potential data-center construction slowdown would curb electricity demand. GE Vernova could benefit from continued investment in power generation. GE Vernova Soars as Constellation Raises Guidance
• Positive Sentiment: The company was also selected for a 6-GW high-voltage direct-current transmission corridor in India, a large infrastructure project booked in the fourth quarter. GE Vernova to Support India’s Energy Transition With 6-GW HVDC Transmission Project
• Neutral Sentiment: Reports of a tight market for gas turbines, with new U.S. equipment reportedly taking years to deliver, underscore potential demand for GE Vernova’s products, but do not guarantee additional orders. Shortage of Turbines Drives Market for Second-Hand Market for AI Data Centers
• Negative Sentiment: A separate analysis flagged a $9 billion acquisition as a complication for the company’s valuation and cash-flow outlook, keeping deal-related risks on investors’ radar. GE Vernova Share Price and $9B Acquisition Outlook
• Negative Sentiment: Elon Musk’s claim that SoftBank is defaulting on turbine orders raises a potential customer-demand concern, although the reports do not establish the impact on GE Vernova’s own orders. SoftBank Turbine Orders Warning for GE Vernova

GE Vernova Price Performance

Shares of GEV opened at $829.47 on Tuesday. GE Vernova Inc. has a 1 year low of $530.16 and a 1 year high of $1,195.94. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.83 and a quick ratio of 0.62. The company has a market capitalization of $219.54 billion, a price-to-earnings ratio of 21.77, a price-to-earnings-growth ratio of 2.71 and a beta of 1.25. The business has a 50-day moving average of $921.67 and a 200-day moving average of $945.42.

GE Vernova (NYSE:GEV) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 EPS for the quarter, topping analysts’ consensus estimates of $4.03 by $0.78. GE Vernova had a return on equity of 46.50% and a net margin of 23.54%. The company had revenue of $12.64 billion for the quarter, compared to analyst estimates of $11.99 billion. During the same period in the previous year, the firm earned $1.64 earnings per share. The firm’s quarterly revenue was up 26.8% on a year-over-year basis. As a group, equities research analysts anticipate that GE Vernova Inc. will post 16.13 earnings per share for the current year.

GE Vernova Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Tuesday, October 27th will be issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova’s dividend payout ratio (DPR) is presently 5.25%.

Wall Street Analyst Weigh In

GEV has been the topic of several recent research reports. Sanford C. Bernstein reiterated an “outperform” rating and set a $1,298.00 target price on shares of GE Vernova in a research report on Wednesday, October 28th. Argus decreased their price target on shares of GE Vernova from $1,300.00 to $1,100.00 and set a “buy” rating for the company in a research report on Tuesday, November 3rd. BMO Capital Markets reaffirmed an “outperform” rating and set a $1,200.00 price target on shares of GE Vernova in a research note on Thursday, October 29th. Susquehanna cut their price target on shares of GE Vernova from $1,270.00 to $1,250.00 and set a “positive” rating on the stock in a report on Thursday, October 29th. Finally, Wall Street Zen cut shares of GE Vernova from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,144.20.

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.