Spear Holdings RSC Ltd Purchases New Position in GE Vernova Inc. $GEV

Spear Holdings RSC Ltd acquired a new position in shares of GE Vernova Inc. (NYSE:GEV) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,341 shares of the company’s stock, valued at approximately $3,789,000. GE Vernova makes up approximately 0.4% of Spear Holdings RSC Ltd’s portfolio, making the stock its 17th biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Gibbs Wealth Management boosted its stake in shares of GE Vernova by 81.7% in the 1st quarter. Gibbs Wealth Management now owns 614 shares of the company’s stock valued at $536,000 after purchasing an additional 276 shares in the last quarter. MWA Asset Management grew its holdings in shares of GE Vernova by 17.7% in the 1st quarter. MWA Asset Management now owns 2,163 shares of the company’s stock worth $1,888,000 after purchasing an additional 326 shares during the last quarter. New England Professional Planning Group Inc. acquired a new stake in shares of GE Vernova during the 1st quarter worth about $201,000. Cetera Investment Advisers increased its position in shares of GE Vernova by 7.7% during the 1st quarter. Cetera Investment Advisers now owns 151,989 shares of the company’s stock worth $132,671,000 after purchasing an additional 10,920 shares in the last quarter. Finally, GSG Advisors LLC bought a new position in GE Vernova during the 1st quarter valued at about $286,000.

GE Vernova News Summary

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

• Positive Sentiment: JPMorgan raised its price target on GE Vernova to $1,330 and kept an overweight rating, citing meaningful upside from current levels. Benzinga
• Positive Sentiment: Morgan Stanley boosted its target to $1,350 and reaffirmed an overweight view, while TD Cowen also lifted its target and maintained a buy rating. Benzinga
• Positive Sentiment: Q2 results showed strong revenue growth, record orders, and a backlog above $176 billion, reinforcing demand tied to power generation, electrification, and AI data-center infrastructure. Article Title
• Positive Sentiment: The company raised full-year revenue guidance and margin expectations, suggesting management sees continued momentum despite the earnings miss. Article Title
• Neutral Sentiment: Industry coverage highlighted GE Vernova as a key beneficiary of AI-related grid and power demand, which supports the growth narrative but does not change near-term fundamentals by itself. Article Title
• Negative Sentiment: The stock sold off after Q2 because investors focused on the earnings miss, tariff risk, and weak wind profitability rather than the stronger topline and backlog growth. Article Title

GE Vernova Trading Up 4.8%

GEV opened at $1,032.16 on Friday. GE Vernova Inc. has a 1-year low of $530.16 and a 1-year high of $1,195.94. The stock has a market capitalization of $277.36 billion, a PE ratio of 29.54, a PEG ratio of 3.63 and a beta of 1.09. The company has a current ratio of 0.85, a quick ratio of 0.65 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average price of $1,035.16 and a two-hundred day moving average price of $921.40.

GE Vernova (NYSE:GEV) last announced its 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 return on equity of 42.42% and a net margin of 23.03%.The company had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.79 billion. During the same quarter in the previous year, the company posted $1.86 earnings per share. GE Vernova’s revenue for the quarter was up 21.9% on a year-over-year basis. As a group, equities analysts anticipate that GE Vernova Inc. will post 15.07 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date was Tuesday, June 16th. GE Vernova’s payout ratio is 5.83%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. TD Cowen boosted their price target on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the company a “buy” rating in a research report on Thursday. Jefferies Financial Group cut their target price on shares of GE Vernova from $1,350.00 to $1,210.00 and set a “buy” rating for the company in a research note on Thursday, June 11th. Zacks Research downgraded GE Vernova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Robert W. Baird raised their price target on GE Vernova from $1,008.00 to $1,400.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Finally, Sanford C. Bernstein lifted their price objective on GE Vernova from $1,206.00 to $1,298.00 and gave the company an “outperform” rating in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, GE Vernova presently has an average rating of “Moderate Buy” and an average target price of $1,124.12.

Insider Buying and Selling at GE Vernova

In other GE Vernova news, CEO Victor Abate sold 4,819 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the transaction, the chief executive officer owned 1,835 shares of the company’s stock, valued at approximately $1,739,726.80. This represents a 72.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total value of $2,470,856.97. Following the completion of the transaction, the chief accounting officer owned 3,549 shares in the company, valued at $3,758,710.41. The trade was a 39.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is currently owned by corporate insiders.

About GE Vernova

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.