GE Vernova Inc. $GEV Stock Purchased by Fortitude Advisory Group L.L.C.

Fortitude Advisory Group L.L.C. grew its position in GE Vernova Inc. (NYSE:GEV) by 67.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,219 shares of the company’s stock after acquiring an additional 892 shares during the quarter. GE Vernova accounts for about 0.8% of Fortitude Advisory Group L.L.C.’s holdings, making the stock its 18th largest position. Fortitude Advisory Group L.L.C.’s holdings in GE Vernova were worth $2,109,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Manning & Napier Advisors LLC increased its position in shares of GE Vernova by 68.4% during the first quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock valued at $26,000 after purchasing an additional 13 shares during the period. Parvin Asset Management LLC acquired a new position in shares of GE Vernova in the second quarter valued at $32,000. Monetary Solutions Ltd bought a new position in GE Vernova in the fourth quarter worth $35,000. Strategic Wealth Advisors LLC bought a new position in GE Vernova in the second quarter worth $35,000. Finally, Pingora Partners LLC bought a new position in GE Vernova in the second quarter worth $36,000.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Wall Street Zen downgraded shares of GE Vernova from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. The Goldman Sachs Group upgraded shares of GE Vernova from a “buy” rating to a “market outperform” rating in a research note on Monday, September 14th. JPMorgan Chase & Co. reduced their price objective on shares of 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. Glj Research assumed coverage on shares of GE Vernova in a report on Monday, September 14th. They set a “sell” rating and a $470.00 price objective for the company. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $1,250.00 price target (up from $1,110.00) on shares of GE Vernova in a research report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, GE Vernova has an average rating of “Moderate Buy” and a consensus target price of $1,164.87.

GE Vernova Stock Performance

Shares of NYSE:GEV opened at $928.88 on Friday. The business’s fifty day moving average price is $964.22 and its two-hundred day moving average price is $1,001.66. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The stock has a market capitalization of $247.39 billion, a price-to-earnings ratio of 48.35, a price-to-earnings-growth ratio of 3.26 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62.

GE Vernova (NYSE:GEV) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.17 by ($0.70). The company had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%. The business’s revenue was up 21.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.86 earnings per share. As a group, analysts predict that GE Vernova Inc. will post 15.04 EPS for the current fiscal year.

GE Vernova Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be paid a $0.50 dividend. 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 5.72%.

Key Headlines Impacting 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

About GE Vernova

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.