GE Vernova Inc. $GEV Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 23.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 26,216 shares of the company’s stock after purchasing an additional 5,037 shares during the period. Concurrent Investment Advisors LLC’s holdings in GE Vernova were worth $30,800,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. NEOS Investment Management LLC boosted its position in shares of GE Vernova by 9.6% during the 2nd quarter. NEOS Investment Management LLC now owns 43,159 shares of the company’s stock worth $50,706,000 after purchasing an additional 3,771 shares in the last quarter. Burford Brothers Inc. grew its stake in shares of GE Vernova by 0.9% during the 2nd quarter. Burford Brothers Inc. now owns 3,893 shares of the company’s stock worth $4,574,000 after purchasing an additional 33 shares during the period. Montz Harcus Wealth Management LLC purchased a new position in shares of GE Vernova in the 2nd quarter valued at about $248,000. Fortune 45 LLC increased its holdings in shares of GE Vernova by 10.3% in the 2nd quarter. Fortune 45 LLC now owns 1,477 shares of the company’s stock valued at $1,736,000 after purchasing an additional 138 shares in the last quarter. Finally, Retireful LLC lifted its stake in shares of GE Vernova by 8.2% in the second quarter. Retireful LLC now owns 1,183 shares of the company’s stock valued at $1,390,000 after purchasing an additional 90 shares during the period.

GE Vernova Stock Performance

NYSE:GEV opened at $940.58 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.62 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average price of $1,018.96 and a two-hundred day moving average price of $978.58. GE Vernova Inc. has a twelve month low of $530.16 and a twelve month high of $1,195.94. The company has a market capitalization of $250.50 billion, a P/E ratio of 26.92, a price-to-earnings-growth ratio of 4.26 and a beta of 1.15.

GE Vernova (NYSE:GEV) last announced its earnings results 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). GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The business had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.79 billion. During the same quarter in the previous year, the firm posted $1.86 EPS. The business’s revenue was up 21.9% on a year-over-year basis. As a group, research analysts expect that GE Vernova Inc. will post 15.46 earnings per share for the current fiscal year.

Key GE Vernova News

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

• Positive Sentiment: Venezuela grid-repair agreement: GE Vernova reportedly reached a deal to help restore Venezuela’s deteriorating power grid. The agreement could create additional equipment and services revenue while expanding the company’s presence in a potentially significant infrastructure market. GE Vernova jumps on deal to help repair Venezuela’s dilapidated grid
• Positive Sentiment: Swedish nuclear opportunity: GE Vernova Hitachi, Studsvik and Samsung C&T are working to advance a Swedish nuclear power project. Progress on the project supports the company’s nuclear-growth strategy and reinforces its role in the expanding nuclear supply chain. Studsvik, GE Vernova Hitachi, Samsung C&T to advance Swedish nuclear power project
• Positive Sentiment: AI-driven power demand: Analysts and industry coverage continue to identify GE Vernova as a beneficiary of surging electricity needs from hyperscale data centers. Rising demand for gas turbines and other power-generation equipment could support backlog growth, pricing and long-term revenue expansion. Gas Turbine Prices Are on Track to Nearly Triple
• Positive Sentiment: Strong strategic outlook: Recent commentary highlights GE Vernova’s expanding orders and potential to become substantially larger and more profitable over the next decade, helping sustain investor enthusiasm. Where Will GE Vernova Be in 10 Years?
• Neutral Sentiment: Market-performance coverage: GE Vernova has significantly outperformed the broader market year to date as grid investment and electricity demand strengthen its backlog. However, the shares trade at a premium valuation, increasing sensitivity to execution and earnings updates. GE Vernova Laps the Stock Market
• Negative Sentiment: Lower earnings expectations: Erste Group Bank reduced its fiscal 2027 EPS forecast, signaling that analysts see potential pressure on future profitability. GE Vernova FY2027 EPS Forecast Decreased by Erste Group Bank
• Negative Sentiment: Margin and execution risks: Despite a large order book, investors remain focused on whether GE Vernova can convert demand into sustainable margins. Tariffs, supply-chain constraints and the premium share price could limit further gains if profitability disappoints. GE Vernova Has The Orders But Can It Deliver The Margins

Analyst Ratings Changes

A number of analysts recently commented on GEV shares. Royal Bank Of Canada boosted their price objective on shares of GE Vernova from $1,195.00 to $1,225.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Sanford C. Bernstein increased their target price on shares of GE Vernova from $1,206.00 to $1,298.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. Jefferies Financial Group reiterated a “buy” rating on shares of GE Vernova in a research report on Monday, July 27th. Morgan Stanley lowered GE Vernova from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. Finally, Wall Street Zen cut GE Vernova from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,133.15.

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.