Mufg Securities Americas Inc. Has $9.51 Million Position in GE Vernova Inc. $GEV

Mufg Securities Americas Inc. raised its position in GE Vernova Inc. (NYSE:GEV) by 8.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,094 shares of the company’s stock after acquiring an additional 638 shares during the period. Mufg Securities Americas Inc.’s holdings in GE Vernova were worth $9,509,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Van ECK Associates Corp raised its stake in shares of GE Vernova by 74.3% in the second quarter. Van ECK Associates Corp now owns 13,123 shares of the company’s stock valued at $15,418,000 after purchasing an additional 5,593 shares in the last quarter. Ferguson Wellman Capital Management Inc. boosted its stake in GE Vernova by 0.9% during the second quarter. Ferguson Wellman Capital Management Inc. now owns 2,896 shares of the company’s stock worth $3,402,000 after buying an additional 26 shares in the last quarter. Nissay Asset Management Corp Japan increased its holdings in GE Vernova by 17.2% in the 2nd quarter. Nissay Asset Management Corp Japan now owns 109,157 shares of the company’s stock valued at $128,244,000 after buying an additional 16,003 shares during the period. Navellier & Associates Inc. increased its holdings in GE Vernova by 28.3% in the 2nd quarter. Navellier & Associates Inc. now owns 10,925 shares of the company’s stock valued at $12,835,000 after buying an additional 2,410 shares during the period. Finally, Field & Main Bank acquired a new position in shares of GE Vernova in the 2nd quarter valued at $3,018,000.

Wall Street Analysts Forecast Growth

GEV has been the subject of a number of analyst reports. Oppenheimer raised their price target on shares of GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. increased their target price on GE Vernova from $1,302.00 to $1,330.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Morgan Stanley downgraded GE Vernova from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. William Blair reiterated an “outperform” rating on shares of GE Vernova in a research report on Monday, August 3rd. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of GE Vernova in a research note on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,133.15.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: HVDC joint venture expands growth prospects: GE Vernova announced a partnership with South Korea’s LS Electric to pursue voltage-source-converter HVDC projects. The venture could strengthen GEV’s position in a fast-growing market driven by grid modernization, renewable-power integration and rising electricity demand. GE Vernova’s New JV Could Unlock its Next Big Growth Engine
• Positive Sentiment: New U.K. grid contract adds backlog: GE Vernova was selected to supply a 400-kilovolt gas-insulated switchgear substation in Chesterfield, England, as part of National Grid’s Great Grid Upgrade. The award reinforces demand for GEV’s transmission equipment and exposure to long-term grid investment. GE Vernova secures 400 kV substation contract for UK grid upgrade
• Positive Sentiment: Demand outlook remains constructive: Recent coverage argues that GE Vernova’s businesses may be sold out through 2030, while AI-related data-center electricity demand and broader power shortages could support future orders. These themes bolster the long-term growth case, although they are largely forward-looking. GE Vernova: Sold Out Through 2030 Can AI Power Demand Drive Growth?
• Neutral Sentiment: Positive media commentary offers limited direct support: Jim Cramer continues to view GEV favorably because of its nuclear exposure and delivery visibility, but the commentary does not represent a change in earnings guidance or fundamentals. GE Vernova Isn’t A Great Short, Jim Cramer Said
• Negative Sentiment: CFO succession creates near-term uncertainty: GE Vernova’s announcement of a CFO transition may prompt investors to seek clarity on financial controls, capital allocation and execution. The move also coincided with Rivian’s CFO departing to join GEV, highlighting the leadership change but not necessarily signaling an operational problem. GE Vernova Announces CFO Transition and Leadership Succession

GE Vernova Stock Up 0.0%

NYSE GEV opened at $912.32 on Monday. The stock has a fifty day moving average of $1,031.82 and a 200-day moving average of $975.58. The stock has a market capitalization of $242.98 billion, a P/E ratio of 26.11, a price-to-earnings-growth ratio of 3.28 and a beta of 1.21. GE Vernova Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94. 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 (NYSE:GEV) last announced its quarterly earnings data 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). GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The business had revenue of $11.10 billion during the quarter, compared to analyst estimates of $10.79 billion. During the same quarter in the prior year, the company earned $1.86 earnings per share. The company’s quarterly revenue was up 21.9% on a year-over-year basis. On average, equities research analysts forecast that GE Vernova Inc. will post 15.46 EPS for the current year.

GE Vernova Company Profile

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.