GE Vernova Inc. $GEV Shares Sold by HBW Advisory Services LLC

HBW Advisory Services LLC lessened its holdings in GE Vernova Inc. (NYSE:GEV) by 20.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,907 shares of the company’s stock after selling 763 shares during the period. HBW Advisory Services LLC’s holdings in GE Vernova were worth $2,763,000 as of its most recent filing with the Securities and Exchange Commission.

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

GE Vernova Trading Down 6.4%

GEV stock opened at $939.83 on Thursday. GE Vernova Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94. The company has a market capitalization of $250.31 billion, a PE ratio of 26.90, a price-to-earnings-growth ratio of 3.48 and a beta of 1.14. The company’s 50-day simple moving average is $965.61 and its 200 day simple moving average is $1,001.12. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85.

GE Vernova (NYSE:GEV) last issued its quarterly earnings data 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 return on equity of 42.42% and a net margin of 23.03%. The business had revenue of $11.10 billion during the quarter, compared to analyst estimates of $10.79 billion. During the same quarter last year, the firm earned $1.86 EPS. GE Vernova’s revenue for the quarter was up 21.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that GE Vernova Inc. will post 15.04 earnings per share for the current year.

GE Vernova Announces Dividend

The firm 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Tuesday, October 27th. GE Vernova’s dividend payout ratio is presently 5.72%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Evercore reissued an “outperform” rating and issued a $1,350.00 price target on shares of GE Vernova in a report on Thursday, October 1st. JPMorgan Chase & Co. reduced their price objective on GE Vernova from $1,330.00 to $1,150.00 and set an “overweight” rating for the company in a report on Friday, October 9th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $1,298.00 target price (up from $1,206.00) on shares of GE Vernova in a research report on Tuesday, September 15th. Wall Street Zen downgraded GE Vernova from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Morgan Stanley lowered GE Vernova from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. 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’s stock. According to data from MarketBeat, GE Vernova presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,164.87.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova’s backlog has reached approximately $176 billion, supported by 88% organic order growth in the second quarter. Strong free cash flow and high-margin gas-turbine services revenue could benefit results as electricity demand from AI data centers rises. Got $5,000? 2 Stocks Supplying the AI Data Center Power Crunch
• Positive Sentiment: Susquehanna maintained a positive rating while trimming its price target modestly to $1,270, implying substantial upside from recent trading levels. Guggenheim also reaffirmed its buy rating with a $1,450 target, reinforcing favorable analyst sentiment.
• Positive Sentiment: The company is scheduled to report third-quarter 2026 financial results on October 28, providing a near-term catalyst for investors to assess order momentum, cash generation and execution. GE Vernova to announce third quarter 2026 financial results on October 28
• Neutral Sentiment: Citi maintained its hold rating, suggesting analysts remain constructive on the business but are cautious about the stock’s valuation and expectations.
• Neutral Sentiment: Speculation about a potential stock split highlights GE Vernova’s strong share-price appreciation, but a split would not change the company’s underlying value or fundamentals. Stock-Split Watch: Is GE Vernova Next?
• Negative Sentiment: GE Vernova shares have fallen from their year-to-date high into bear-market territory, signaling profit-taking and weakening momentum after a substantial earlier rally. GE Vernova stock has suffered a big pullback
• Negative Sentiment: The latest session saw GE Vernova underperform the broader market. Investors are questioning whether the backlog and AI-power opportunity can justify the stock’s elevated earnings multiple, cited by one report at roughly 66 times earnings. GE Vernova Registers a Bigger Fall Than the Market

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.