LaFleur & Godfrey LLC Sells 2,265 Shares of GE Vernova Inc. $GEV

LaFleur & Godfrey LLC trimmed its holdings in GE Vernova Inc. (NYSE:GEV) by 15.5% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 12,322 shares of the company’s stock after selling 2,265 shares during the period. GE Vernova accounts for approximately 1.4% of LaFleur & Godfrey LLC’s portfolio, making the stock its 25th largest position. LaFleur & Godfrey LLC’s holdings in GE Vernova were worth $11,712,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. North Dakota State Investment Board raised its stake in shares of GE Vernova by 3.9% during the 3rd quarter. North Dakota State Investment Board now owns 8,241 shares of the company’s stock worth $7,833,000 after buying an additional 310 shares in the last quarter. Financial Insights Inc. boosted its stake in shares of GE Vernova by 1.7% in the third quarter. Financial Insights Inc. now owns 711 shares of the company’s stock valued at $676,000 after buying an additional 12 shares in the last quarter. Laurel Wealth Advisors LLC grew its holdings in GE Vernova by 17.2% during the third quarter. Laurel Wealth Advisors LLC now owns 607 shares of the company’s stock worth $577,000 after acquiring an additional 89 shares during the period. Prism Planning Partners LLC purchased a new position in GE Vernova in the third quarter worth $118,000. Finally, William Mack & Associates Inc. purchased a new position in GE Vernova in the third quarter worth $68,000.

More GE Vernova News

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

• Positive Sentiment: GE Vernova reported third-quarter adjusted earnings of $4.81 per share versus the $4.03 analyst consensus, while revenue rose 26.8% year over year to $12.64 billion, exceeding expectations of $11.99 billion. GE Vernova Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Management raised its 2026 revenue outlook, citing strong demand in its Power business. The company also reported substantial free cash flow and increased its share-repurchase authorization, supporting the bullish long-term investment case. GE Vernova Raises 2026 Guidance and Buyback Authorization
• Positive Sentiment: GE Vernova agreed to acquire high-voltage grid-equipment manufacturer Trench Group for approximately $9 billion. The transaction should expand its Electrification portfolio and increase exposure to grid modernization, energy security and data-center-related power demand. GE Vernova to Acquire Trench Group
• Neutral Sentiment: Orders reportedly surged 96%, lifting the total backlog to roughly $197 billion. However, the market is evaluating whether that growth represents durable, executable demand rather than simply a large backlog headline. GE Vernova Orders Soar 96%
• Negative Sentiment: The principal pressure on GEV is that new orders and newly available production “slots” fell well short of elevated investor expectations. That concern suggests the company may face limits converting its backlog into near-term revenue, prompting selling despite the earnings beat and raised outlook. GE Vernova Stock Falls on New-Order Weakness
• Negative Sentiment: The Trench acquisition increases GE Vernova’s strategic scale but also commits approximately $9 billion of capital, adding execution and integration risks at a premium valuation.

Wall Street Analysts Forecast Growth

Several brokerages have commented on GEV. TD Cowen restated a “buy” rating on shares of GE Vernova in a research report on Thursday. Citigroup decreased their price objective on shares of GE Vernova from $1,219.00 to $1,125.00 and set a “neutral” rating on the stock in a report on Thursday, July 23rd. President Capital upped their target price on shares of GE Vernova from $1,368.00 to $1,398.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Evercore reiterated an “outperform” rating and set a $1,350.00 price target on shares of GE Vernova in a research report on Thursday, October 1st. Finally, Wall Street Zen lowered GE Vernova from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, GE Vernova presently has a consensus rating of “Moderate Buy” and an average price target of $1,164.87.

GE Vernova Price Performance

GE Vernova stock opened at $876.07 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 quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. The firm’s 50-day simple moving average is $939.01 and its 200 day simple moving average is $937.93. The firm has a market capitalization of $233.32 billion, a PE ratio of 25.07, a P/E/G ratio of 2.82 and a beta of 1.14.

GE Vernova (NYSE:GEV) last posted its earnings results on Wednesday, October 28th. The company reported $4.81 earnings per share for the quarter, beating the consensus estimate of $4.03 by $0.78. GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The firm had revenue of $12.64 billion during the quarter, compared to the consensus estimate of $11.99 billion. During the same period last year, the firm posted $1.64 EPS. The firm’s revenue for the quarter was up 26.8% on a year-over-year basis. On average, equities research analysts predict that GE Vernova Inc. will post 15.04 EPS for the current fiscal year.

GE Vernova Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Tuesday, October 27th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, October 27th. GE Vernova’s dividend payout ratio is 5.72%.

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.