GE Vernova Inc. $GEV Shares Bought by Granite Islands Private Wealth LLC

Granite Islands Private Wealth LLC grew its stake in shares of GE Vernova Inc. (NYSE:GEV) by 1,079.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 2,241 shares of the company’s stock after acquiring an additional 2,051 shares during the period. Granite Islands Private Wealth LLC’s holdings in GE Vernova were worth $2,124,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Vernova in a report on Tuesday, July 21st. The Goldman Sachs Group upgraded GE Vernova from a “buy” rating to a “market outperform” rating in a report on Monday, September 14th. BMO Capital Markets reaffirmed an “outperform” rating and set a $1,250.00 price objective (up from $1,110.00) on shares of GE Vernova in a research report on Friday, August 7th. Glj Research started coverage on shares of GE Vernova in a research note on Monday, September 14th. They issued a “sell” rating and a $470.00 target price for the company. Finally, BNP Paribas Exane reduced their target price on shares of GE Vernova from $1,190.00 to $1,090.00 and set a “neutral” rating for the company in a research note on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, GE Vernova has a consensus rating of “Moderate Buy” and a consensus target price of $1,164.87.

GE Vernova Trading Down 1.4%

GE Vernova stock opened at $928.88 on Friday. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94. The company’s fifty day moving average price is $964.22 and its two-hundred day moving average price is $1,001.66. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62. The company has a market capitalization of $247.39 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 3.26 and a beta of 1.14.

GE Vernova (NYSE:GEV) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share 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 during the quarter, compared to analyst estimates of $10.79 billion. During the same period in the prior year, the firm earned $1.86 EPS. GE Vernova’s quarterly revenue was up 21.9% on a year-over-year basis. On average, analysts forecast that GE Vernova Inc. will post 15.04 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 given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova’s dividend payout ratio is presently 5.72%.

Trending Headlines about GE Vernova

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

• Positive Sentiment: Major Venture Global power agreement: GE Vernova and Baker Hughes will supply equipment for up to 16 gas-fired power units, each with 720 megawatts of capacity. The projects could support LNG facilities and future AI data centers, reinforcing GE Vernova’s position in behind-the-meter power infrastructure. The reported $17.2 billion headline value represents the maximum potential scope, not a firm commitment. Venture Global inks deals with GE Vernova, Baker Hughes for power expansion
• Positive Sentiment: Analyst support remains strong: Guggenheim assigned GE Vernova a Buy rating, while Susquehanna maintained a positive rating and lowered its price target modestly to $1,270. These targets imply substantial upside from recent trading levels. GE Vernova earns Buy rating from Guggenheim
• Positive Sentiment: Recent coverage highlights strong organic order growth, increased 2026 revenue and free-cash-flow guidance, and a reported backlog of approximately $176 billion. Gas-turbine services and electrification demand linked to AI data centers remain important parts of the bull case. Is GE Vernova undervalued after raising guidance and landing data center power deals?
• Neutral Sentiment: GE Vernova is being discussed as a potential stock-split candidate because of its high share price, but a split would not change the company’s underlying value or earnings prospects. GE Vernova emerges as a prime stock-split candidate
• Negative Sentiment: The recent pullback reflects broader weakness in AI-infrastructure stocks and renewed scrutiny of GE Vernova’s elevated valuation. Coverage has cited a high earnings multiple, making the shares more sensitive to any slowdown in orders, guidance or AI-related spending. GE Vernova builds $176 billion backlog but valuation raises questions

GE Vernova Company Profile

GE Vernova Inc (NYSE: GEV) is an energy technology company formed through the separation of General Electric’s energy businesses in April 2024. The company is focused on helping generate, transmit, distribute and store electricity as power systems adapt to rising demand and the transition toward lower-carbon energy sources.

GE Vernova operates across three principal business areas: Power, Wind and Electrification. Its products and services include gas and steam power generation equipment, nuclear and hydropower technologies, onshore and offshore wind turbines, wind services, grid equipment, electrification systems, energy storage solutions and software used to monitor and manage energy infrastructure.

The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world.