GE Vernova Inc. $GEV Holdings Increased by State of Alaska Department of Revenue

State of Alaska Department of Revenue grew its stake in shares of GE Vernova Inc. (NYSE:GEV) by 3.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,272 shares of the company’s stock after acquiring an additional 942 shares during the quarter. State of Alaska Department of Revenue’s holdings in GE Vernova were worth $25,920,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Charles Schwab Trust Co boosted its position in shares of GE Vernova by 16.9% in the third quarter. Charles Schwab Trust Co now owns 214 shares of the company’s stock worth $203,000 after acquiring an additional 31 shares during the last quarter. Formuepleje A S increased its position in GE Vernova by 51.7% during the third quarter. Formuepleje A S now owns 2,556 shares of the company’s stock worth $2,429,000 after purchasing an additional 871 shares during the last quarter. Turtle Creek Wealth Advisors LLC increased its position in GE Vernova by 19.0% during the third quarter. Turtle Creek Wealth Advisors LLC now owns 1,938 shares of the company’s stock worth $1,842,000 after purchasing an additional 309 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its position in GE Vernova by 13.3% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 467 shares of the company’s stock worth $444,000 after purchasing an additional 55 shares during the last quarter. Finally, Covenant Asset Management LLC increased its position in GE Vernova by 15.1% during the third quarter. Covenant Asset Management LLC now owns 15,764 shares of the company’s stock worth $14,984,000 after purchasing an additional 2,063 shares during the last quarter.

GE Vernova Trading Down 3.0%

GEV traded down $28.36 on Thursday, reaching $913.42. 2,577,730 shares of the company’s stock were exchanged, compared to its average volume of 2,632,629. GE Vernova Inc. has a twelve month low of $530.16 and a twelve month high of $1,195.94. The company’s 50 day moving average is $965.61 and its 200-day moving average is $1,001.12. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85. The company has a market cap of $243.27 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 3.48 and a beta of 1.14.

GE Vernova (NYSE:GEV) last released its quarterly earnings data 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). GE Vernova had a return on equity of 42.42% and a net margin of 23.03%. The business had revenue of $11.10 billion for the quarter, compared to analysts’ expectations of $10.79 billion. During the same quarter in the prior year, the firm earned $1.86 earnings per share. GE Vernova’s quarterly revenue was up 21.9% compared to the same quarter last year. Equities analysts predict that GE Vernova Inc. will post 15.04 earnings per share for the current year.

GE Vernova Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, October 27th. GE Vernova’s dividend payout ratio is 5.72%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. President Capital increased their price target on shares of GE Vernova from $1,368.00 to $1,398.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Mizuho upped their price objective on GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. The Goldman Sachs Group upgraded GE Vernova from a “buy” rating to a “market outperform” rating in a report on Monday, September 14th. TD Cowen increased their target price on GE Vernova from $1,220.00 to $1,235.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Finally, William Blair reaffirmed an “outperform” rating on shares of GE Vernova in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,164.87.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Large Venture Global power deal reinforces demand. Venture Global signed agreements with GE Vernova and Baker Hughes for up to 16 combined-cycle gas power units, each with 720 megawatts of capacity, plus related transformer equipment. The projects could support an off-grid network serving as much as 10 gigawatts of future computing capacity, strengthening GE Vernova’s position in data-center and industrial power. Venture Global inks deals with GE Vernova, Baker Hughes for power expansion
• Positive Sentiment: Analysts remain constructive. Guggenheim initiated a Buy rating, while Susquehanna maintained a positive rating and lowered its price target modestly to $1,270 from $1,300—still implying substantial upside based on recent trading levels. GE Vernova earns Buy rating from Guggenheim
• Positive Sentiment: Fundamentals and outlook remain strong. GE Vernova has reported robust organic order growth, raised its 2026 revenue and free-cash-flow guidance, and built a roughly $176 billion backlog. Its gas-turbine services and electrification businesses are benefiting from rising power demand tied to AI data centers. Is GE Vernova undervalued after raising guidance and landing data center power deals?
• Neutral Sentiment: Third-quarter earnings are the next catalyst. Investors will look for evidence that order momentum is translating into revenue, margins and cash flow when results are released October 28. GE Vernova to announce third-quarter 2026 financial results
• Negative Sentiment: Valuation and sector weakness are pressuring the stock. GEV has pulled back sharply from its highs as investors reduced exposure to AI-related infrastructure shares. Commentators also warn that its elevated earnings multiple leaves limited room for execution disappointments, making the upcoming report particularly important. GE Vernova registers a bigger fall than the market

GE Vernova Profile

GE Vernova Inc (NYSE: GEV) is an energy technology company formed through the separation of General Electric’s energy businesses in April 2024. The company is focused on helping generate, transmit, distribute and store electricity as power systems adapt to rising demand and the transition toward lower-carbon energy sources.

GE Vernova operates across three principal business areas: Power, Wind and Electrification. Its products and services include gas and steam power generation equipment, nuclear and hydropower technologies, onshore and offshore wind turbines, wind services, grid equipment, electrification systems, energy storage solutions and software used to monitor and manage energy infrastructure.

The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world.