NEOS Investment Management LLC Purchases 3,771 Shares of GE Vernova Inc. $GEV

NEOS Investment Management LLC lifted its position in GE Vernova Inc. (NYSE:GEV) by 9.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 43,159 shares of the company’s stock after buying an additional 3,771 shares during the period. NEOS Investment Management LLC’s holdings in GE Vernova were worth $50,706,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Onyx Bridge Wealth Group LLC boosted its stake in GE Vernova by 1.3% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 727 shares of the company’s stock valued at $635,000 after purchasing an additional 9 shares during the last quarter. Red Door Wealth Management LLC lifted its holdings in shares of GE Vernova by 0.6% during the first quarter. Red Door Wealth Management LLC now owns 1,774 shares of the company’s stock valued at $1,548,000 after purchasing an additional 10 shares in the last quarter. Advance Capital Management Inc. lifted its holdings in shares of GE Vernova by 2.2% during the first quarter. Advance Capital Management Inc. now owns 461 shares of the company’s stock valued at $402,000 after purchasing an additional 10 shares in the last quarter. Alpha Financial Partners LLC boosted its position in shares of GE Vernova by 2.0% during the first quarter. Alpha Financial Partners LLC now owns 514 shares of the company’s stock valued at $449,000 after buying an additional 10 shares during the last quarter. Finally, Sandy Cove Advisors LLC increased its holdings in GE Vernova by 2.6% in the 2nd quarter. Sandy Cove Advisors LLC now owns 389 shares of the company’s stock worth $457,000 after buying an additional 10 shares in the last quarter.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Venezuela grid-repair agreement: GE Vernova reportedly reached a deal to help restore Venezuela’s deteriorating power grid. The agreement could create additional equipment and services revenue while expanding the company’s presence in a potentially significant infrastructure market. GE Vernova jumps on deal to help repair Venezuela’s dilapidated grid
• Positive Sentiment: Swedish nuclear opportunity: GE Vernova Hitachi, Studsvik and Samsung C&T are working to advance a Swedish nuclear power project. Progress on the project supports the company’s nuclear-growth strategy and reinforces its role in the expanding nuclear supply chain. Studsvik, GE Vernova Hitachi, Samsung C&T to advance Swedish nuclear power project
• Positive Sentiment: AI-driven power demand: Analysts and industry coverage continue to identify GE Vernova as a beneficiary of surging electricity needs from hyperscale data centers. Rising demand for gas turbines and other power-generation equipment could support backlog growth, pricing and long-term revenue expansion. Gas Turbine Prices Are on Track to Nearly Triple
• Positive Sentiment: Strong strategic outlook: Recent commentary highlights GE Vernova’s expanding orders and potential to become substantially larger and more profitable over the next decade, helping sustain investor enthusiasm. Where Will GE Vernova Be in 10 Years?
• Neutral Sentiment: Market-performance coverage: GE Vernova has significantly outperformed the broader market year to date as grid investment and electricity demand strengthen its backlog. However, the shares trade at a premium valuation, increasing sensitivity to execution and earnings updates. GE Vernova Laps the Stock Market
• Negative Sentiment: Lower earnings expectations: Erste Group Bank reduced its fiscal 2027 EPS forecast, signaling that analysts see potential pressure on future profitability. GE Vernova FY2027 EPS Forecast Decreased by Erste Group Bank
• Negative Sentiment: Margin and execution risks: Despite a large order book, investors remain focused on whether GE Vernova can convert demand into sustainable margins. Tariffs, supply-chain constraints and the premium share price could limit further gains if profitability disappoints. GE Vernova Has The Orders But Can It Deliver The Margins

Wall Street Analysts Forecast Growth

Several research firms have issued reports on GEV. Oppenheimer upped their target price on shares of GE Vernova from $1,303.00 to $1,338.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Morgan Stanley lowered shares of GE Vernova from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. Wall Street Zen cut shares of GE Vernova from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Guggenheim increased their price objective on shares of GE Vernova from $1,300.00 to $1,450.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, Mizuho raised their price target on GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,133.15.

GE Vernova Price Performance

Shares of GE Vernova stock opened at $940.58 on Friday. The stock has a market cap of $250.50 billion, a P/E ratio of 26.92, a P/E/G ratio of 4.26 and a beta of 1.15. 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 stock’s fifty day moving average is $1,018.96 and its 200 day moving average is $978.58. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94.

GE Vernova (NYSE:GEV) last released its quarterly earnings results 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). The company had revenue of $11.10 billion for the quarter, compared to the consensus estimate of $10.79 billion. GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The business’s revenue for the quarter was up 21.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.86 EPS. Sell-side analysts anticipate that GE Vernova Inc. will post 15.46 earnings per share for the current year.

GE Vernova 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.