GE Vernova Inc. $GEV Shares Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. grew its holdings in GE Vernova Inc. (NYSE:GEV) by 9.0% in the third quarter, Holdings Channel reports. The institutional investor owned 48,069 shares of the company’s stock after acquiring an additional 3,961 shares during the quarter. Rakuten Investment Management Inc.’s holdings in GE Vernova were worth $46,266,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in GEV. Advance Capital Management Inc. increased its holdings in GE Vernova by 2.2% in the 1st quarter. Advance Capital Management Inc. now owns 461 shares of the company’s stock worth $402,000 after acquiring an additional 10 shares in the last quarter. Alpha Financial Partners LLC lifted its holdings in 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 purchasing an additional 10 shares in the last quarter. Sandy Cove Advisors LLC lifted its holdings in GE Vernova by 2.6% during the second quarter. Sandy Cove Advisors LLC now owns 389 shares of the company’s stock valued at $457,000 after purchasing an additional 10 shares in the last quarter. Mirador Capital Partners LP lifted its holdings in GE Vernova by 2.5% during the second quarter. Mirador Capital Partners LP now owns 408 shares of the company’s stock valued at $479,000 after purchasing an additional 10 shares in the last quarter. Finally, Elevation Wealth Partners LLC grew its position in shares of GE Vernova by 15.4% in the second quarter. Elevation Wealth Partners LLC now owns 75 shares of the company’s stock valued at $88,000 after purchasing an additional 10 shares during the period.

GE Vernova Price Performance

NYSE:GEV opened at $917.60 on Wednesday. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.62 and a current ratio of 0.83. The stock has a market cap of $242.87 billion, a PE ratio of 24.08, a P/E/G ratio of 2.92 and a beta of 1.25. The stock has a 50 day moving average price of $932.44 and a 200 day moving average price of $942.76.

GE Vernova (NYSE:GEV) last released its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 earnings per share for the quarter, topping analysts’ consensus estimates of $4.03 by $0.78. The company had revenue of $12.64 billion for the quarter, compared to analyst estimates of $11.99 billion. GE Vernova had a return on equity of 46.50% and a net margin of 23.54%. The firm’s revenue for the quarter was up 26.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.64 earnings per share. Equities research analysts expect that GE Vernova Inc. will post 16.05 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Tuesday, October 27th. GE Vernova’s payout ratio is currently 5.25%.

Trending Headlines about GE Vernova

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

• Positive Sentiment: Bernstein reaffirmed its Buy rating, arguing that election-related fears about data-center development are overblown. That view helped lift sentiment across power and data-center infrastructure stocks. Article: GE Vernova Rallies as Bernstein Calls Data-Center Fears Overblown Bernstein also separately reaffirmed its Buy rating. Article: Bernstein Reaffirms Buy Rating
• Positive Sentiment: The longer-term investment case centers on rising electricity demand and the need to move power reliably to data centers and other users. GE Vernova’s planned $9 billion purchase of Trench Group would expand its grid-equipment presence, although the deal also represents a substantial commitment. Article: GE Vernova Is Paying $9 Billion for Trench Group
• Positive Sentiment: Recent results and guidance provide fundamental support: GE Vernova beat earnings and revenue expectations, while a separate report noted 96% organic order growth and raised 2026 guidance. BMO sees 39% potential upside after the shares’ recent decline. Article: BMO Sees Upside After Recent Decline
• Neutral Sentiment: Argus lowered its price target from $1,300 to $1,100 but maintained a Buy rating. The reduced target tempers the bullish signal, while the rating still indicates expected upside. Article: Argus Ratings
• Negative Sentiment: Not all commentary is bullish: one analysis sees as much as 19% downside. The stock’s recent pullback and concerns around the cost and execution of the Trench acquisition remain risks for investors. Article: GE Vernova Could See Downside

Analysts Set New Price Targets

GEV has been the subject of a number of research reports. Morgan Stanley cut shares of GE Vernova from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. Jefferies Financial Group reiterated a “buy” rating and issued a $1,100.00 price objective on shares of GE Vernova in a report on Thursday, October 29th. President Capital increased their target price on GE Vernova from $1,368.00 to $1,398.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Susquehanna decreased their target price on GE Vernova from $1,270.00 to $1,250.00 and set a “positive” rating on the stock in a research report on Thursday, October 29th. Finally, Mizuho lifted 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-seven have assigned a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,144.20.

GE Vernova Company Profile

GE Vernova Inc (NYSE: GEV) is an energy technology company focused on helping generate, transmit, store and deliver electricity. The company serves utilities, power producers, grid operators, commercial and industrial customers, and other energy-sector participants worldwide.

Its business is organized around three primary areas: Power, Wind and Electrification. Power provides technologies and services for gas and steam power generation, hydropower, nuclear power and other energy systems.