GE Vernova Inc. $GEV Stock Position Lowered by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. reduced its holdings in GE Vernova Inc. (NYSE:GEV) by 60.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 20,500 shares of the company’s stock after selling 31,460 shares during the period. Nippon Life Global Investors Americas Inc.’s holdings in GE Vernova were worth $19,485,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Parvin Asset Management LLC purchased a new position in GE Vernova in the 2nd quarter worth approximately $32,000. Pingora Partners LLC purchased a new stake in GE Vernova in the 2nd quarter valued at $36,000. Manning & Napier Advisors LLC increased its stake in shares of GE Vernova by 68.4% in the 1st quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock worth $26,000 after acquiring an additional 13 shares during the last quarter. IMG Wealth Management Inc. acquired a new stake in shares of GE Vernova in the 2nd quarter worth $39,000. Finally, Miller Global Investments LLC increased its stake in shares of GE Vernova by 63.6% in the 2nd quarter. Miller Global Investments LLC now owns 36 shares of the company’s stock worth $42,000 after acquiring an additional 14 shares during the last quarter.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: GE Vernova delivered a significant third-quarter beat, reporting $4.81 in EPS versus a $4.03 consensus estimate and $12.64 billion in revenue versus $11.99 billion expected. Revenue increased 26.8% year over year. GE Vernova Q3 Earnings Call Highlights Pricing and Grid Expansion
• Positive Sentiment: Backlog reached approximately $197 billion and orders reportedly nearly doubled, supporting management’s outlook for sustained demand. Gas-turbine buyers are reserving production capacity years in advance, while AI data-center demand is helping drive higher pricing. GE Vernova’s $197 Billion Backlog, $9 Billion Acquisition, and One Clear Strategy
• Positive Sentiment: The planned $9 billion acquisition of Trench Group would expand GE Vernova’s high-voltage grid-equipment manufacturing, increase vertical integration, and strengthen its presence in Europe and Asia as electricity demand grows. GE Vernova Agrees $9 Billion Grid Equipment Deal
• Positive Sentiment: HSBC upgraded GEV to Buy and raised its price target to $1,100 from $1,040, arguing that the wind business is largely derisked and past its worst period. Bernstein reaffirmed an Outperform rating, while Susquehanna maintained a $1,250 target. HSBC Upgrades GE Vernova
• Neutral Sentiment: Analyst sentiment remains broadly constructive but divided. JPMorgan lowered its target to $1,035 while retaining Overweight, and Citigroup cut its target to $1,000 with a Neutral rating. GLJ Research raised its target to $540 but kept a Sell rating, implying substantial downside. JPMorgan Analyst Action
• Negative Sentiment: The immediate pressure came from concerns that new order signings slowed relative to the very high backlog, raising questions about backlog conversion and execution. Investors appeared to want stronger evidence that reservations are becoming firm, near-term revenue. GE Vernova’s Reservations Are Turning Into Real Orders
• Negative Sentiment: The $9 billion Trench acquisition adds strategic growth potential but also introduces substantial capital-allocation, integration, and execution risks, particularly as some gas-turbine order momentum moderates. GE Vernova in $9 Billion Deal to Buy High-Voltage Manufacturer

GE Vernova Stock Performance

NYSE:GEV opened at $854.58 on Monday. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.62 and a current ratio of 0.83. The company has a 50 day moving average price of $934.85 and a 200 day moving average price of $940.34. The stock has a market capitalization of $226.19 billion, a P/E ratio of 22.42, a PEG ratio of 2.91 and a beta of 1.25.

GE Vernova (NYSE:GEV) last posted its earnings results on Wednesday, October 28th. The company reported $4.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.03 by $0.78. GE Vernova had a return on equity of 46.50% and a net margin of 23.54%. The firm had revenue of $12.64 billion for the quarter, compared to analyst estimates of $11.99 billion. During the same quarter in the prior year, the company earned $1.64 EPS. GE Vernova’s revenue was up 26.8% on a year-over-year basis. Equities research analysts forecast that GE Vernova Inc. will post 16.05 EPS for the current year.

GE Vernova Dividend Announcement

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 issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova’s dividend payout ratio is 5.25%.

Analysts Set New Price Targets

GEV has been the topic of several recent research reports. Oppenheimer reissued an “outperform” rating on shares of GE Vernova in a research report on Wednesday. Mizuho raised their price objective on shares of GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Glj Research lifted their target price on shares of GE Vernova from $470.00 to $540.00 and gave the stock a “sell” rating in a research note on Friday. Evercore reaffirmed an “outperform” rating and set a $1,350.00 target price on shares of GE Vernova in a research note on Thursday, October 1st. Finally, BNP Paribas Exane lowered their price objective on GE Vernova from $1,190.00 to $1,090.00 and set a “neutral” rating for the company in a research report on Thursday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,152.53.

GE Vernova 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.