GE Vernova Inc. $GEV Shares Acquired by NS Partners Ltd

NS Partners Ltd grew its position in GE Vernova Inc. (NYSE:GEV) by 2.8% in the second quarter, HoldingsChannel reports. The institutional investor owned 35,557 shares of the company’s stock after acquiring an additional 961 shares during the period. GE Vernova makes up 1.8% of NS Partners Ltd’s portfolio, making the stock its 15th biggest holding. NS Partners Ltd’s holdings in GE Vernova were worth $41,774,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Strategic Advisors LLC grew its stake in shares of GE Vernova by 11.3% in the second quarter. Strategic Advisors LLC now owns 995 shares of the company’s stock worth $1,169,000 after acquiring an additional 101 shares in the last quarter. Fundsmith LLP purchased a new stake in shares of GE Vernova during the second quarter worth approximately $481,499,000. Oarsman Capital Inc. lifted its holdings in shares of GE Vernova by 42.4% during the second quarter. Oarsman Capital Inc. now owns 413 shares of the company’s stock worth $485,000 after purchasing an additional 123 shares during the period. Rothschild Capital Partners LLC purchased a new position in GE Vernova in the 2nd quarter valued at $202,000. Finally, Ancora Advisors LLC grew its position in GE Vernova by 3.4% in the 2nd quarter. Ancora Advisors LLC now owns 3,761 shares of the company’s stock valued at $4,419,000 after buying an additional 125 shares during the last quarter.

Key GE Vernova News

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

• Positive Sentiment: Potential Venezuela agreements could create new project opportunities. GE Vernova is reportedly among the companies preparing to finalize energy agreements in Venezuela. The country’s amended hydrocarbons law could give foreign participants greater flexibility to operate and expand projects, although execution and political risks remain. Firms including Chevron, ONGC, GE Vernova on track to sign final pacts in Venezuela
• Positive Sentiment: Steam-turbine aftermarket growth supports GE Vernova’s services business. The global market is projected to expand from $12.5 billion in 2025 to $16.02 billion by 2031, driven by aging power fleets, life-extension programs and maintenance demand. GE Vernova could benefit from its installed base and recurring parts and service revenue. Global Steam Turbine Aftermarket Market to Reach USD 16.02 Billion by 2031
• Neutral Sentiment: New CFO appointment introduces a leadership transition. GE Vernova reportedly selected Rivian executive Claire McDonough as its next chief financial officer. Investors will likely watch for details on her priorities, financial controls and capital-allocation strategy. GE Vernova Taps Rivian’s Claire McDonough as New CFO
• Negative Sentiment: Speculation about SpaceX competition is weighing on sentiment. Reports suggest SpaceX may pose a new threat to GE Vernova, though neither company has commented and the nature of the potential competition remains unclear. The uncertainty is contributing to selling pressure. GE Vernova Stock Drops. Is SpaceX Coming for Them Too?
• Negative Sentiment: Recent weakness reflects broader sector selling and valuation concerns. GEV’s decline has extended a pullback affecting some power-infrastructure peers. With the stock trading below its short- and long-term moving averages and its latest quarterly EPS below expectations, investors may be taking profits despite strong revenue growth. GE Vernova Slides, Vertiv Holdings and Eaton Sit Out the Selloff

Analyst Ratings Changes

Several equities analysts recently issued reports on GEV shares. Wall Street Zen cut GE Vernova from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. JPMorgan Chase & Co. boosted their target price on shares of GE Vernova from $1,302.00 to $1,330.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Oppenheimer raised 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. William Blair restated an “outperform” rating on shares of GE Vernova in a report on Monday, August 3rd. Finally, BMO Capital Markets reissued an “outperform” rating on shares of GE Vernova in a research report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,133.15.

GE Vernova Price Performance

GEV stock opened at $897.30 on Tuesday. The stock has a 50-day moving average price of $1,027.25 and a two-hundred day moving average price of $976.33. 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 cap of $238.98 billion, a PE ratio of 25.68, a price-to-earnings-growth ratio of 3.28 and a beta of 1.21. The company has a current ratio of 0.85, a quick ratio of 0.62 and a debt-to-equity ratio of 0.21.

GE Vernova (NYSE:GEV) last released its earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing the consensus estimate of $3.17 by ($0.70). GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The firm had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.79 billion. During the same period in the prior year, the business posted $1.86 earnings per share. GE Vernova’s quarterly revenue was up 21.9% compared to the same quarter last year. Equities analysts forecast that GE Vernova Inc. will post 15.46 EPS for the current fiscal year.

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.