TD Waterhouse Canada Inc. Purchases 3,114 Shares of GE Vernova Inc. $GEV

TD Waterhouse Canada Inc. raised its position in GE Vernova Inc. (NYSE:GEV) by 8.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,357 shares of the company’s stock after buying an additional 3,114 shares during the period. TD Waterhouse Canada Inc.’s holdings in GE Vernova were worth $24,520,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Bay Harbor Wealth Management LLC grew its position in GE Vernova by 537.5% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 51 shares of the company’s stock worth $31,000 after acquiring an additional 43 shares during the last quarter. Elevation Wealth Partners LLC boosted its stake in GE Vernova by 47.2% in the third quarter. Elevation Wealth Partners LLC now owns 53 shares of the company’s stock worth $33,000 after purchasing an additional 17 shares in the last quarter. Deseret Mutual Benefit Administrators grew its holdings in shares of GE Vernova by 112.0% during the third quarter. Deseret Mutual Benefit Administrators now owns 53 shares of the company’s stock worth $33,000 after purchasing an additional 28 shares during the last quarter. WFA Asset Management Corp acquired a new stake in shares of GE Vernova in the second quarter valued at $29,000. Finally, Howard Hughes Medical Institute acquired a new stake in shares of GE Vernova in the second quarter valued at $31,000.

GE Vernova Price Performance

GEV opened at $713.81 on Thursday. The firm has a 50 day simple moving average of $646.06 and a 200 day simple moving average of $620.43. GE Vernova Inc. has a fifty-two week low of $252.25 and a fifty-two week high of $731.00. The company has a market cap of $193.67 billion, a price-to-earnings ratio of 116.26, a price-to-earnings-growth ratio of 2.96 and a beta of 1.67.

GE Vernova (NYSE:GEV) last announced its quarterly earnings data on Wednesday, January 28th. The company reported $13.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $10.40. The firm had revenue of $10.96 billion for the quarter, compared to analysts’ expectations of $10.21 billion. GE Vernova had a net margin of 4.52% and a return on equity of 17.07%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the firm earned $1.73 earnings per share. As a group, analysts expect that GE Vernova Inc. will post 6.59 EPS for the current year.

GE Vernova Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 5th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.3%. This is a boost from GE Vernova’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Monday, January 5th. GE Vernova’s payout ratio is presently 32.57%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Susquehanna upped their price target on shares of GE Vernova from $750.00 to $775.00 and gave the stock a “positive” rating in a research report on Wednesday, December 10th. Redburn Partners set a $475.00 target price on shares of GE Vernova in a research report on Wednesday, October 15th. Robert W. Baird reissued a “neutral” rating and issued a $649.00 price target (down previously from $816.00) on shares of GE Vernova in a report on Friday, January 9th. Wells Fargo & Company boosted their price objective on shares of GE Vernova from $717.00 to $831.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 16th. Finally, TD Cowen reiterated a “buy” rating on shares of GE Vernova in a research report on Thursday, October 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, GE Vernova presently has a consensus rating of “Moderate Buy” and a consensus price target of $711.22.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: Q4 results materially beat expectations — GAAP EPS came in at $13.39 vs. ~ $3.00 consensus and revenue was $10.96B (vs. ~$10.2B). Management highlighted margin expansion and cash generation. Read More.
• Positive Sentiment: Company raised FY 2026 revenue outlook to $44.0B–$45.0B, well above Street consensus (~$41.9B), signaling stronger demand visibility for power/electrification. Read More.
• Positive Sentiment: Backlog strength and shareholder returns: management cited a roughly $150B backlog and announced a doubled dividend — supports revenue visibility and cash-return narrative. Read More.
• Positive Sentiment: Wall Street support: Bank of America revisited coverage citing strengthening backlog and margin expansion; China Renaissance initiated coverage with a Buy and a $966 price target (material upside vs. current levels). Read More.
• Neutral Sentiment: Options activity and interest: elevated options flows and analyst forecast revisions ahead of the print suggest higher short‑term trading/volatility. Read More.
• Neutral Sentiment: Some revenue mix headwinds noted (gas‑turbine timing, weaker onshore wind) even as EBITDA and margins improved — watch segment trends for durability. Read More.
• Negative Sentiment: One‑time items boosted EPS — the outsized EPS beat was materially driven by a tax benefit, so underlying operating earnings are smaller; investors should separate recurring operating momentum from accounting items. Read More.
• Negative Sentiment: Valuation: the stock trades at a high P/E (background data points to a stretched multiple), so much of the good news may already be priced in and raises sensitivity to execution risk. Read More.

GE Vernova Company Profile

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.