GE Vernova Inc. $GEV Holdings Increased by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators raised its stake in shares of GE Vernova Inc. (NYSE:GEV) by 15.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 37,685 shares of the company’s stock after acquiring an additional 5,142 shares during the quarter. GE Vernova makes up 0.8% of PBU The Pension Fund of Early Childhood & Youth Educators’ portfolio, making the stock its 26th largest holding. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in GE Vernova were worth $35,819,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GEV. Werba Rubin Papier Wealth Management grew its stake in GE Vernova by 9.6% during the third quarter. Werba Rubin Papier Wealth Management now owns 638 shares of the company’s stock worth $607,000 after buying an additional 56 shares during the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. increased its holdings in shares of GE Vernova by 30.6% during the third quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 538 shares of the company’s stock worth $511,000 after buying an additional 126 shares in the last quarter. King Luther Capital Management Corp raised its stake in shares of GE Vernova by 1.6% in the third quarter. King Luther Capital Management Corp now owns 4,470 shares of the company’s stock valued at $4,249,000 after acquiring an additional 70 shares during the last quarter. Spectrum Planning & Advisory Services Inc. raised its stake in shares of GE Vernova by 27.1% in the third quarter. Spectrum Planning & Advisory Services Inc. now owns 239 shares of the company’s stock valued at $227,000 after acquiring an additional 51 shares during the last quarter. Finally, Acorn Creek Capital LLC raised its stake in shares of GE Vernova by 5.9% in the third quarter. Acorn Creek Capital LLC now owns 251 shares of the company’s stock valued at $239,000 after acquiring an additional 14 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research firms recently commented on GEV. William Blair restated an “outperform” rating on shares of GE Vernova in a research report on Monday, August 3rd. Wall Street Zen downgraded GE Vernova from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. President Capital lifted their price objective on GE Vernova from $1,368.00 to $1,398.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Mizuho boosted their price objective on GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Finally, Guggenheim decreased their target price on GE Vernova from $1,450.00 to $1,400.00 and set a “buy” rating on the stock in a report on Monday, November 2nd. Two equities 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 assigned a Sell rating to the stock. According to MarketBeat, GE Vernova presently has an average rating of “Moderate Buy” and a consensus price target of $1,143.03.

GE Vernova Trading Up 1.2%

GEV opened at $818.25 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 $216.57 billion, a PE ratio of 21.47, a PEG ratio of 2.63 and a beta of 1.25. 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 firm has a 50-day moving average price of $915.80 and a two-hundred day moving average price of $947.62.

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

GE Vernova Announces Dividend

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

Key GE Vernova News

These are some of the GEV news items that stood out recently:

• Positive Sentiment: J.P. Morgan says GE Vernova could withstand a slowdown in AI spending and maintains an “overweight” rating. Its price target was lowered from $1,035 to $1,000, still indicating substantial potential upside from the cited share price. J.P. Morgan’s view on GE Vernova
• Positive Sentiment: One analysis argues that only about 20% of GE Vernova’s gas-turbine customers are data centers, suggesting the company may be less exposed to an AI-spending pullback than investors fear. GE Vernova’s customer mix
• Neutral Sentiment: Third-quarter orders rose 96% year over year to $29 billion, but electrification orders fell 9%—a weakness that tempers the strong headline growth. GE Vernova’s orders and electrification results

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.