GE Vernova’s (GEV) “Sell” Rating Reiterated at Glj Research

Glj Research restated their sell rating on shares of GE Vernova (NYSE:GEV) in a research note published on Tuesday,Benzinga reports. They currently have a $540.00 price target on the stock.

Several other research analysts have also issued reports on GEV. Citigroup cut their price target on GE Vernova from $1,125.00 to $1,000.00 and set a “neutral” rating on the stock in a report on Thursday, October 29th. BNP Paribas Exane decreased their price objective on GE Vernova from $1,190.00 to $1,090.00 and set a “neutral” rating for the company in a report on Thursday, August 20th. Wall Street Zen lowered GE Vernova from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Argus cut their target price on GE Vernova from $1,300.00 to $1,100.00 and set a “buy” rating on the stock in a report on Tuesday, November 3rd. Finally, Morgan Stanley downgraded shares of GE Vernova from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, GE Vernova presently has an average rating of “Moderate Buy” and an average target price of $1,143.03.

GE Vernova Stock Performance

Shares of GEV opened at $818.25 on Tuesday. GE Vernova has a 12 month low of $530.16 and a 12 month high of $1,195.94. The company has a current ratio of 0.83, a quick ratio of 0.62 and a debt-to-equity ratio of 0.22. The firm’s fifty day simple moving average is $915.80 and its two-hundred day simple moving average is $947.62. The stock has a market capitalization of $216.57 billion, a P/E ratio of 35.68, a price-to-earnings-growth ratio of 2.63 and a beta of 1.25.

GE Vernova (NYSE:GEV) last released its earnings results on Wednesday, October 28th. The company reported $4.81 EPS for the quarter, topping the consensus estimate of $4.03 by $0.78. The business had revenue of $12.64 billion during the quarter, compared to analysts’ expectations of $11.99 billion. GE Vernova had a return on equity of 46.50% and a net margin of 23.54%. The firm’s revenue was up 26.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.64 earnings per share. As a group, analysts predict that GE Vernova will post 16.13 EPS for the current year.

GE Vernova Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio is 5.25%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GEV. Parvin Asset Management LLC bought a new position in GE Vernova during the 2nd quarter valued at $32,000. Pingora Partners LLC bought a new stake in shares of GE Vernova in the 2nd quarter worth $36,000. Manning & Napier Advisors LLC grew 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 in the last quarter. IMG Wealth Management Inc. purchased a new position in GE Vernova during the second quarter worth about $39,000. Finally, Miller Global Investments LLC boosted 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 buying an additional 14 shares during the last quarter.

Top GE Vernova Stories

These are some of the GEV stories that stood out recently:

• Positive Sentiment: One analysis argues that only about 20% of GE Vernova’s gas-turbine customers are data centers, suggesting the company may be less exposed to an AI-spending pullback than investors fear. GE Vernova’s customer mix
• Neutral Sentiment: Third-quarter orders rose 96% year over year to $29 billion, but electrification orders fell 9%—a weakness that tempers the strong headline growth. GE Vernova’s orders and electrification results
• Neutral Sentiment: A technical analysis says the recent pullback is testing support, while analyst targets remain elevated; this frames the price action but does not establish that a rebound is assured. GEV price and support analysis

About GE Vernova

GE Vernova is an energy technology company that designs, manufactures and services equipment used to generate, transmit and distribute electricity. It became an independent public company in April 2024 after separating from General Electric, which had built its energy businesses over more than a century. The company operates through three main businesses: Power, Wind and Electrification. Its offerings include gas and steam turbines, hydropower technologies and related services; onshore and offshore wind turbines; and grid equipment, power-conversion systems and software used to support electricity networks.