TD Waterhouse Canada Inc. Sells 24,273 Shares of GE Vernova Inc. $GEV

TD Waterhouse Canada Inc. trimmed its holdings in GE Vernova Inc. (NYSE:GEV) by 14.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 140,799 shares of the company’s stock after selling 24,273 shares during the period. TD Waterhouse Canada Inc. owned 0.05% of GE Vernova worth $139,119,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in GEV. Auto Owners Insurance Co increased its holdings in shares of GE Vernova by 110,973.4% during the 4th quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company’s stock worth $2,278,224,000 after acquiring an additional 34,826,773 shares during the last quarter. BlackRock Inc. bought a new stake in GE Vernova in the 2nd quarter valued at $25,569,630,000. State Street Corp raised its stake in GE Vernova by 3.3% in the 2nd quarter. State Street Corp now owns 11,765,340 shares of the company’s stock valued at $13,828,380,000 after acquiring an additional 370,842 shares during the period. Bank of America Corp DE lifted its holdings in GE Vernova by 20.1% during the 1st quarter. Bank of America Corp DE now owns 2,598,178 shares of the company’s stock valued at $2,267,949,000 after purchasing an additional 435,405 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in GE Vernova during the 2nd quarter valued at $2,497,472,000.

GE Vernova Stock Performance

Shares of NYSE GEV traded down $7.26 during trading hours on Friday, reaching $919.18. 2,647,855 shares of the stock were exchanged, compared to its average volume of 2,169,959. The firm has a market capitalization of $244.80 billion, a price-to-earnings ratio of 26.31, a P/E/G ratio of 3.21 and a beta of 1.14. 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 Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94. The stock’s fifty day simple moving average is $962.80 and its 200 day simple moving average is $1,001.08.

GE Vernova (NYSE:GEV) last released its quarterly earnings results 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). The firm 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 for the quarter was up 21.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.86 earnings per share. Sell-side analysts predict that GE Vernova Inc. will post 15.04 EPS for the current year.

GE Vernova Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, October 27th. GE Vernova’s dividend payout ratio is currently 5.72%.

Analyst Ratings Changes

GEV has been the subject of a number of research analyst reports. Guggenheim reaffirmed a “buy” rating and set a $1,450.00 price objective on shares of GE Vernova in a research report on Tuesday. BNP Paribas Exane dropped their price objective on shares of GE Vernova from $1,190.00 to $1,090.00 and set a “neutral” rating on the stock in a research report on Thursday, August 20th. Royal Bank Of Canada increased their price objective on shares of GE Vernova from $1,195.00 to $1,225.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. President Capital raised 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 note on Wednesday, July 29th. Finally, Mizuho raised their target price on shares of GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, GE Vernova has an average rating of “Moderate Buy” and a consensus price target of $1,164.87.

Trending Headlines about GE Vernova

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

• Positive Sentiment: Large Venture Global power agreement: GE Vernova and Baker Hughes agreed to 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, although the reported $17.2 billion value represents a maximum opportunity rather than a fully committed order. Venture Global inks deals with GE Vernova, Baker Hughes for power expansion
• Positive Sentiment: AI-related electricity demand supports the growth story: GE Vernova’s gas-turbine backlog reportedly reached 116 gigawatts, while data-center orders exceeded $5 billion earlier in 2026. Its ability to provide generation, grid equipment and data-center power infrastructure could create recurring revenue opportunities as electricity demand rises. GE Vernova: AI’s Next Bottleneck Is Electricity
• Positive Sentiment: Some analysts remain bullish: Guggenheim initiated or reiterated a Buy rating, while another analyst sees substantial upside ahead of third-quarter results. Recent coverage also points to higher revenue and free-cash-flow guidance and strong organic order growth. GE Vernova Earns Buy Rating from Guggenheim
• Neutral Sentiment: Wind-business leadership change: GE Vernova will begin 2027 with a new CEO for its Wind business. The change may be intended to support execution but introduces a leadership-transition factor for investors to monitor. GE Vernova to start 2027 with new Wind CEO
• Negative Sentiment: Susquehanna lowered its expectations for GEV’s stock price: The target reduction reinforced near-term valuation concerns and was followed by a sharp decline in the shares. Selling was also amplified by a broader pullback in AI-related infrastructure stocks. Susquehanna Has Lowered Expectations for GE Vernova Stock Price

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.