GE Vernova Inc. $GEV Stock Holdings Boosted by Sanders Morris Harris LLC

Sanders Morris Harris LLC raised its stake in shares of GE Vernova Inc. (NYSE:GEV) by 514.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,992 shares of the company’s stock after purchasing an additional 1,668 shares during the quarter. Sanders Morris Harris LLC’s holdings in GE Vernova were worth $1,896,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of GEV. Fairfield Financial Advisors LTD boosted its stake in GE Vernova by 23.7% during the 3rd quarter. Fairfield Financial Advisors LTD now owns 2,896 shares of the company’s stock worth $2,753,000 after acquiring an additional 554 shares during the last quarter. Adirondack Trust Co. grew its holdings in GE Vernova by 0.8% during the third quarter. Adirondack Trust Co. now owns 1,344 shares of the company’s stock valued at $1,277,000 after purchasing an additional 11 shares during the period. N10 Wealth LLC grew its holdings in GE Vernova by 27.3% during the third quarter. N10 Wealth LLC now owns 10,332 shares of the company’s stock valued at $9,820,000 after purchasing an additional 2,214 shares during the period. Aspen Wealth Management LLC grew its holdings in GE Vernova by 37.2% during the third quarter. Aspen Wealth Management LLC now owns 339 shares of the company’s stock valued at $322,000 after purchasing an additional 92 shares during the period. Finally, N10 Assets LLC increased its stake in GE Vernova by 21.2% in the third quarter. N10 Assets LLC now owns 9,698 shares of the company’s stock valued at $9,218,000 after purchasing an additional 1,696 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts have weighed in on GEV shares. Sanford C. Bernstein reiterated an “outperform” rating and issued a $1,298.00 target price (up from $1,206.00) on shares of GE Vernova in a report on Tuesday, September 15th. Susquehanna reduced their price target on shares of GE Vernova from $1,300.00 to $1,270.00 and set a “positive” rating on the stock in a research report on Wednesday. Morgan Stanley lowered shares of GE Vernova from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. Jefferies Financial Group restated a “buy” rating and issued a $1,185.00 price target (up from $1,155.00) on shares of GE Vernova in a report on Thursday, September 17th. Finally, Royal Bank Of Canada raised their price target on GE Vernova from $1,195.00 to $1,225.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,164.87.

GE Vernova Stock Down 6.4%

GEV stock traded down $64.21 during mid-day trading on Wednesday, reaching $939.83. The company had a trading volume of 3,490,274 shares, compared to its average volume of 2,633,226. The company has a market capitalization of $250.31 billion, a price-to-earnings ratio of 26.90, a PEG ratio of 3.45 and a beta of 1.14. GE Vernova Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94. The stock has a 50 day simple moving average of $967.20 and a two-hundred day simple moving average of $1,000.65. 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 announced its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). The company had revenue of $11.10 billion for the quarter, compared to the consensus estimate of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%. The company’s revenue for the quarter was up 21.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.86 EPS. As a group, equities analysts predict that GE Vernova Inc. will post 15.04 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Tuesday, October 27th. GE Vernova’s payout ratio is presently 5.72%.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: GE Vernova’s $176 billion backlog, including 88% organic order growth in the second quarter, highlights strong demand for its power-generation equipment as electricity needs rise from data centers and artificial intelligence. Its higher-margin gas-turbine services business could further support earnings and cash flow. Got $5,000? 2 Stocks Supplying the AI Data Center Power Crunch
• Positive Sentiment: Guggenheim reaffirmed its buy rating with a $1,450 price target, while Susquehanna maintained a positive rating and set a $1,270 target. The targets imply substantial upside and show that some analysts view the pullback as an opportunity. Got $5,000? 2 Stocks Supplying the AI Data Center Power Crunch
• Neutral Sentiment: GE Vernova is scheduled to report third-quarter 2026 results on October 28. The upcoming report may provide a catalyst by showing whether backlog conversion, services revenue and cash generation are supporting current valuation levels. GE Vernova to announce third quarter 2026 financial results on October 28
• Neutral Sentiment: Speculation that GE Vernova could split its stock reflects its strong performance since its market debut, but a split would not change the company’s underlying value or fundamentals. Stock-Split Watch: Is GE Vernova Next?
• Negative Sentiment: Investors are questioning whether the bull run has ended after the stock retreated from its year-to-date high near $1,193 into bear-market territory. The decline has erased part of its earlier gains and weakened momentum. GE Vernova stock has suffered a big pullback
• Negative Sentiment: Despite the backlog, analysts note that a roughly 66-times earnings valuation leaves little room for execution disappointments and raises concerns about whether future growth is already priced in. GE Vernova Builds $176B Backlog But 66x Earnings Multiple 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.