GE Vernova Inc. $GEV Position Reduced by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. lowered its position in shares of GE Vernova Inc. (NYSE:GEV) by 25.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,041 shares of the company’s stock after selling 1,026 shares during the quarter. Confluence Wealth Services Inc.’s holdings in GE Vernova were worth $2,890,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Moneco Advisors LLC lifted its position in shares of GE Vernova by 6.2% in the third quarter. Moneco Advisors LLC now owns 1,755 shares of the company’s stock worth $1,668,000 after purchasing an additional 102 shares in the last quarter. Keybank National Association OH grew its position in GE Vernova by 11.3% in the third quarter. Keybank National Association OH now owns 35,708 shares of the company’s stock valued at $33,940,000 after purchasing an additional 3,626 shares in the last quarter. Cornerstone Wealth Management LLC grew its position in GE Vernova by 11.7% in the third quarter. Cornerstone Wealth Management LLC now owns 3,868 shares of the company’s stock valued at $3,677,000 after purchasing an additional 406 shares in the last quarter. Narwhal Capital Management bought a new position in GE Vernova in the third quarter valued at $3,559,000. Finally, Guardian Financial Partners LLC grew its position in GE Vernova by 25.4% in the third quarter. Guardian Financial Partners LLC now owns 927 shares of the company’s stock valued at $881,000 after purchasing an additional 188 shares in the last quarter.

GE Vernova Price Performance

NYSE:GEV opened at $795.38 on Wednesday. GE Vernova Inc. has a 1-year low of $530.16 and a 1-year high of $1,195.94. The company has a current ratio of 0.83, a quick ratio of 0.62 and a debt-to-equity ratio of 0.22. The firm has a fifty day simple moving average of $919.64 and a 200 day simple moving average of $946.09. The stock has a market capitalization of $210.52 billion, a PE ratio of 36.62, a P/E/G ratio of 2.70 and a beta of 1.25.

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

GE Vernova Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Tuesday, October 27th. GE Vernova’s dividend payout ratio (DPR) is 5.25%.

Trending Headlines about GE Vernova

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

• Positive Sentiment: GE Vernova plans to invest $34.5 million to expand transformer manufacturing in Shreveport, Louisiana, aiming to meet rising demand for grid equipment. Article: GE Vernova to spend $34.5M expanding Louisiana transformer manufacturing capacity
• Positive Sentiment: The company reported new hydrogen-testing milestones for its aeroderivative gas turbines, potentially strengthening its position in lower-carbon power generation. Article: GE Vernova Advances Hydrogen Capabilities for Aeroderivative Gas Turbines with New Milestones
• Positive Sentiment: A German customer ordered three onshore wind turbines along with a 20-year service agreement, adding equipment sales and potential recurring service revenue. Article: GE Vernova Stock In Focus After Germany Wind Turbine Order
• Neutral Sentiment: GE Vernova’s backlog reached a reported record $197 billion and the company raised its 2026 revenue guidance. These fundamentals support demand, though the stock’s decline suggests investors are weighing how reliably that backlog will convert into growth. Article: GE Vernova, Vertiv, and Bloom Energy Just Lost 10% to 24% in a Week
• Negative Sentiment: Shares came under pressure after SoftBank revised plans for U.S. data-center projects, raising concerns about potential changes to expected power demand and related equipment orders. Article: GE Vernova shares slide after SoftBank revises US data center project plans
• Negative Sentiment: The broader AI-power stock group retreated after a recent rally, adding sector-level pressure. GLJ Research also reaffirmed its sell rating and $540 price target, signaling a bearish analyst view. Article: GE Vernova Declines as AI Power Stocks Give Back Monday’s Rally

Wall Street Analysts Forecast Growth

Several brokerages have commented on GEV. Wall Street Zen cut shares of GE Vernova from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Mizuho raised their price objective on GE Vernova from $913.00 to $949.00 and gave the company a “neutral” rating in a report on Friday, July 24th. The Goldman Sachs Group raised GE Vernova from a “buy” rating to a “market outperform” rating in a research report on Monday, September 14th. Argus lowered their target price on GE Vernova from $1,300.00 to $1,100.00 and set a “buy” rating on the stock in a research report on Tuesday, November 3rd. Finally, Morgan Stanley lowered GE Vernova from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price 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.