GE Vernova Inc. $GEV Stock: Kestra Advisory Services LLC Grows Holdings

Kestra Advisory Services LLC boosted its stake in shares of GE Vernova Inc. (NYSE:GEV) by 12.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,917 shares of the company’s stock after acquiring an additional 5,290 shares during the period. Kestra Advisory Services LLC’s holdings in GE Vernova were worth $44,594,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of GE Vernova during the 2nd quarter worth approximately $25,569,630,000. State Street Corp raised its position in GE Vernova by 3.3% during the second quarter. State Street Corp now owns 11,765,340 shares of the company’s stock valued at $13,828,380,000 after purchasing an additional 370,842 shares in the last quarter. Bank of America Corp DE acquired a new position in GE Vernova during the second quarter valued at approximately $2,961,612,000. Bank of New York Mellon Corp bought a new stake in GE Vernova during the second quarter worth $2,497,472,000. Finally, Jupiter Topco LLC bought a new stake in GE Vernova during the second quarter worth $2,371,538,000.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on GEV. JPMorgan Chase & Co. dropped their price objective on GE Vernova from $1,150.00 to $1,035.00 and set an “overweight” rating for the company in a research report on Thursday, October 29th. Jefferies Financial Group reiterated a “buy” rating and issued a $1,100.00 target price on shares of GE Vernova in a research report on Thursday, October 29th. Argus lowered their target price on GE Vernova from $1,300.00 to $1,100.00 and set a “buy” rating for the company in a research note on Tuesday. Evercore reissued an “outperform” rating and set a $1,350.00 target price on shares of GE Vernova in a research note on Thursday, October 1st. Finally, TD Cowen dropped their target price on shares of GE Vernova from $1,235.00 to $1,125.00 and set a “buy” rating for the company in a report on Thursday, October 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,144.20.

More GE Vernova News

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

• Positive Sentiment: GE Vernova’s backlog and order growth, along with three increases to its 2026 guidance, support the longer-term earnings outlook. The article also points to gas turbines as a potential source of future high-margin service revenue. Article: GE Vernova Is Up 18% in 2026 After Three Guidance Raises
• Positive Sentiment: Some investors view the stock’s decline as a potential buying opportunity, arguing that GE Vernova supplies power equipment Nvidia and other technology companies need, while the company continues to add orders. Article: GE Vernova Has Something Nvidia Needs Under a Democratic Congress
• Neutral Sentiment: Analyst views are mixed: one report noted an Argus Research Buy rating, while other recent coverage highlighted a downgrade and a pessimistic price outlook. This leaves uncertainty about whether the selloff has made GEV an attractive value. Article: GE Vernova Receives a Buy from Argus Research
• Negative Sentiment: A reported analyst downgrade contributed to a sharp decline in the shares, adding pressure to a stock already hit by a broader selloff in data-center-related names. Article: GE Vernova Shares Down 9.4% on Analyst Downgrade
• Negative Sentiment: Newly elected Democratic officials in Texas have pledged to pause approvals for large AI data-center projects, and proposals elsewhere could bring tighter energy, zoning, and environmental reviews. If projects are delayed, demand for the power generation and grid equipment GE Vernova sells could be affected. Article: GE Vernova Sees New Risks From AI Data Center Permitting Pause

GE Vernova Trading Up 0.5%

GEV traded up $4.23 during trading on Friday, reaching $774.74. 7,203,323 shares of the company’s stock were exchanged, compared to its average volume of 3,120,461. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94. The company has a current ratio of 0.83, a quick ratio of 0.62 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $205.06 billion, a PE ratio of 20.33, a price-to-earnings-growth ratio of 2.92 and a beta of 1.25. The firm has a fifty day moving average price of $923.33 and a two-hundred day moving average price of $944.61.

GE Vernova (NYSE:GEV) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $4.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.03 by $0.78. GE Vernova had a net margin of 23.54% and a return on equity of 46.50%. The firm had revenue of $12.64 billion during the quarter, compared to analysts’ expectations of $11.99 billion. During the same period in the prior year, the company posted $1.64 EPS. The company’s revenue was up 26.8% on a year-over-year basis. As a group, equities research analysts forecast that GE Vernova Inc. will post 16.13 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Tuesday, October 27th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $2.00 annualized dividend and a yield of 0.3%. GE Vernova’s payout ratio is presently 5.25%.

About GE Vernova

GE Vernova is an energy technology company that designs, manufactures and services equipment used to generate, transmit and distribute electricity. It became an independent public company in April 2024 after separating from General Electric, which had built its energy businesses over more than a century.

The company operates through three main businesses: Power, Wind and Electrification. Its offerings include gas and steam turbines, hydropower technologies and related services; onshore and offshore wind turbines; and grid equipment, power-conversion systems and software used to support electricity networks.

GE Vernova serves utilities, power producers, grid operators and other customers around the world.