GE Vernova Inc. $GEV Stock Bought by Mather Group LLC.

Mather Group LLC. boosted its position in shares of GE Vernova Inc. (NYSE:GEV) by 24.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 11,287 shares of the company’s stock after buying an additional 2,227 shares during the period. Mather Group LLC.’s holdings in GE Vernova were worth $10,729,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of GEV. BlackRock Inc. purchased a new stake in shares of GE Vernova in the 2nd quarter worth $25,569,630,000. State Street Corp grew 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 bought a new position in shares of GE Vernova during the 2nd quarter worth $2,961,612,000. Bank of New York Mellon Corp purchased a new position in shares of GE Vernova during the second quarter valued at $2,497,472,000. Finally, Jupiter Topco LLC purchased a new position in shares of GE Vernova during the second quarter valued at $2,371,538,000.

Key GE Vernova News

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

• Positive Sentiment: GE Vernova’s backlog has reached approximately $176 billion, supported by 88% organic order growth in the second quarter. Strong free cash flow and high-margin gas-turbine services revenue could benefit results as electricity demand from AI data centers rises. Got $5,000? 2 Stocks Supplying the AI Data Center Power Crunch
• Positive Sentiment: Susquehanna maintained a positive rating while trimming its price target modestly to $1,270, implying substantial upside from recent trading levels. Guggenheim also reaffirmed its buy rating with a $1,450 target, reinforcing favorable analyst sentiment.
• Positive Sentiment: The company is scheduled to report third-quarter 2026 financial results on October 28, providing a near-term catalyst for investors to assess order momentum, cash generation and execution. GE Vernova to announce third quarter 2026 financial results on October 28
• Neutral Sentiment: Citi maintained its hold rating, suggesting analysts remain constructive on the business but are cautious about the stock’s valuation and expectations.
• Neutral Sentiment: Speculation about a potential stock split highlights GE Vernova’s strong share-price appreciation, but a split would not change the company’s underlying value or fundamentals. Stock-Split Watch: Is GE Vernova Next?
• Negative Sentiment: GE Vernova shares have fallen from their year-to-date high into bear-market territory, signaling profit-taking and weakening momentum after a substantial earlier rally. GE Vernova stock has suffered a big pullback
• Negative Sentiment: The latest session saw GE Vernova underperform the broader market. Investors are questioning whether the backlog and AI-power opportunity can justify the stock’s elevated earnings multiple, cited by one report at roughly 66 times earnings. GE Vernova Registers a Bigger Fall Than the Market

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Evercore restated an “outperform” rating and issued a $1,350.00 price objective on shares of GE Vernova in a report on Thursday, October 1st. Susquehanna lowered their price objective on shares of GE Vernova from $1,300.00 to $1,270.00 and set a “positive” rating for the company in a research note on Wednesday. Morgan Stanley cut shares of GE Vernova from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. dropped their target price on shares of GE Vernova from $1,330.00 to $1,150.00 and set an “overweight” rating on the stock in a report on Friday, October 9th. Finally, Royal Bank Of Canada raised their target price 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 research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,164.87.

GE Vernova Stock Performance

Shares of NYSE:GEV opened at $939.83 on Thursday. The company has a market capitalization of $250.31 billion, a price-to-earnings ratio of 51.54, a price-to-earnings-growth ratio of 3.48 and a beta of 1.14. GE Vernova Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. The firm has a 50 day moving average of $965.61 and a 200 day moving average of $1,001.12.

GE Vernova (NYSE:GEV) last posted its earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). The company had revenue of $11.10 billion for the quarter, compared to analysts’ expectations of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%. The firm’s quarterly revenue was up 21.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.86 EPS. On average, sell-side analysts predict that GE Vernova Inc. will post 15.04 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

The business also recently declared 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 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, October 27th. GE Vernova’s payout ratio is presently 5.72%.

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.