GE Vernova Inc. $GEV Stock Position Boosted by Vest Financial LLC

Vest Financial LLC boosted its stake in shares of GE Vernova Inc. (NYSE:GEV) by 4.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 88,604 shares of the company’s stock after purchasing an additional 3,915 shares during the period. GE Vernova comprises approximately 0.9% of Vest Financial LLC’s holdings, making the stock its 21st largest position. Vest Financial LLC’s holdings in GE Vernova were worth $84,217,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in GEV. Bender Robert & Associates increased its holdings in GE Vernova by 6.2% during the third quarter. Bender Robert & Associates now owns 11,235 shares of the company’s stock valued at $10,679,000 after buying an additional 658 shares during the period. Trifecta Capital Advisors LLC raised its stake in GE Vernova by 54.9% in the third quarter. Trifecta Capital Advisors LLC now owns 237 shares of the company’s stock worth $225,000 after buying an additional 84 shares in the last quarter. Crossmark Global Holdings Inc. lifted its holdings in GE Vernova by 2.7% during the third quarter. Crossmark Global Holdings Inc. now owns 16,316 shares of the company’s stock worth $15,508,000 after buying an additional 436 shares during the period. Albion Financial Group UT lifted its holdings in GE Vernova by 0.5% during the third quarter. Albion Financial Group UT now owns 11,951 shares of the company’s stock worth $11,359,000 after buying an additional 55 shares during the period. Finally, Guardian Partners Inc. lifted its holdings in GE Vernova by 35.6% during the third quarter. Guardian Partners Inc. now owns 381 shares of the company’s stock worth $362,000 after buying an additional 100 shares during the period.

Wall Street Analyst Weigh In

Several research analysts have recently commented on GEV shares. Mizuho boosted their price target on GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. The Goldman Sachs Group upgraded GE Vernova from a “buy” rating to a “market outperform” rating in a research note on Monday, September 14th. Oppenheimer raised their price objective on GE Vernova from $1,303.00 to $1,338.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Sanford C. Bernstein reiterated an “outperform” rating and issued a $1,298.00 target price (up from $1,206.00) on shares of GE Vernova in a research note on Tuesday, September 15th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $1,250.00 target price (up from $1,110.00) on shares of GE Vernova in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, GE Vernova currently has an average rating of “Moderate Buy” and a consensus price target of $1,164.87.

GE Vernova Trading Up 4.2%

NYSE GEV opened at $927.29 on Thursday. 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 0.21, a current ratio of 0.85 and a quick ratio of 0.62. The company has a market capitalization of $246.97 billion, a PE ratio of 26.54, a P/E/G ratio of 3.08 and a beta of 1.14. The company has a fifty day moving average of $956.51 and a 200 day moving average of $1,002.79.

GE Vernova (NYSE:GEV) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The company had revenue of $11.10 billion during the quarter, compared to analyst estimates of $10.79 billion. During the same period in the previous year, the firm posted $1.86 earnings per share. The company’s revenue was up 21.9% compared to the same quarter last year. Research analysts forecast that GE Vernova Inc. will post 15.04 earnings per share for the current year.

GE Vernova Dividend Announcement

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

GE Vernova News Roundup

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

• Positive Sentiment: Large backlog supports long-term growth. GE Vernova’s backlog has reportedly reached $176 billion and could approach $200 billion in early 2027. Recurring revenue and expected margin expansion may provide greater earnings visibility. GE Vernova’s $176 Billion Backlog, Explained
• Positive Sentiment: New LNG-related agreements reinforce demand. Venture Global signed power agreements with GE Vernova and Baker Hughes to support LNG expansion, with the projects potentially enabling as much as 10 gigawatts of data-center capacity by 2034. VG Inks Power Agreements With GEV, BKR to Support LNG Growth
• Positive Sentiment: International orders add to its project pipeline. GE Vernova secured an order intended to strengthen regional electricity capacity in Côte d’Ivoire, supporting its positioning in emerging energy markets. GE Vernova Secures Côte d’Ivoire Order
• Positive Sentiment: Earnings expectations are supportive. Analysts and Zacks expect earnings growth and identify factors that could produce an earnings beat in the upcoming report, helping improve sentiment ahead of results. GE Vernova Earnings Expected to Grow
• Neutral Sentiment: Spain strategy highlights structural opportunity. GE Vernova outlined four pathways for Spain to achieve reliable, net-zero electricity by 2050, emphasizing grid upgrades, energy storage, and dependable generation. The announcement is strategically positive but does not disclose a specific contract or financial impact. GE Vernova Highlights Spain’s Path to Reliable, Net-Zero Electricity
• Negative Sentiment: Recent weakness reflected profit-taking. A fund commentary described a third-quarter pullback as profit-taking despite sustained AI-related capital-spending demand. The stock also declined in the prior session, underscoring elevated volatility and the risk of further pressure if earnings or guidance disappoint. GE Vernova’s Q3 Pullback Reflects Profit-Taking

About GE Vernova

GE Vernova Inc (NYSE: GEV) is an energy technology company focused on helping generate, transmit, store and deliver electricity. The company serves utilities, power producers, grid operators, commercial and industrial customers, and other energy-sector participants worldwide.

Its business is organized around three primary areas: Power, Wind and Electrification. Power provides technologies and services for gas and steam power generation, hydropower, nuclear power and other energy systems.