Sawyer & Company Inc Buys 1,464 Shares of GE Vernova Inc. $GEV

Sawyer & Company Inc bought a new stake in GE Vernova Inc. (NYSE:GEV) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,464 shares of the company’s stock, valued at approximately $1,392,000.

A number of other large investors have also added to or reduced their stakes in the company. Onyx Bridge Wealth Group LLC raised its holdings in shares of GE Vernova by 1.3% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 727 shares of the company’s stock valued at $635,000 after buying an additional 9 shares in the last quarter. Red Door Wealth Management LLC lifted its holdings in shares of GE Vernova by 0.6% in the 1st quarter. Red Door Wealth Management LLC now owns 1,774 shares of the company’s stock worth $1,548,000 after acquiring an additional 10 shares during the last quarter. Advance Capital Management Inc. boosted its stake in shares of GE Vernova by 2.2% in the 1st quarter. Advance Capital Management Inc. now owns 461 shares of the company’s stock valued at $402,000 after purchasing an additional 10 shares in the last quarter. Alpha Financial Partners LLC boosted its stake in shares of GE Vernova by 2.0% in the 1st quarter. Alpha Financial Partners LLC now owns 514 shares of the company’s stock valued at $449,000 after purchasing an additional 10 shares in the last quarter. Finally, Sandy Cove Advisors LLC boosted its stake in shares of GE Vernova by 2.6% in the 2nd quarter. Sandy Cove Advisors LLC now owns 389 shares of the company’s stock valued at $457,000 after purchasing an additional 10 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Royal Bank Of Canada increased their target price on shares of GE Vernova from $1,195.00 to $1,225.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. President Capital raised their price objective on GE Vernova from $1,368.00 to $1,398.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. The Goldman Sachs Group upgraded GE Vernova from a “buy” rating to a “market outperform” rating in a report on Monday, September 14th. JPMorgan Chase & Co. dropped their price target on shares of GE Vernova from $1,330.00 to $1,150.00 and set an “overweight” rating for the company in a research report on Friday, October 9th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $1,298.00 price target (up from $1,206.00) on shares of GE Vernova in a report on Tuesday, September 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,164.87.

GE Vernova Trading Up 4.6%

Shares of GEV traded up $41.38 during trading hours on Wednesday, reaching $931.71. 1,538,191 shares of the company traded hands, compared to its average volume of 2,631,923. The company’s fifty day moving average price is $958.76 and its two-hundred day moving average price is $1,002.59. The company has a market capitalization of $248.15 billion, a price-to-earnings ratio of 26.59, a price-to-earnings-growth ratio of 3.14 and a beta of 1.14. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. GE Vernova Inc. has a 12 month low of $530.16 and a 12 month high of $1,195.94.

GE Vernova (NYSE:GEV) last released its quarterly 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). The company had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%. GE Vernova’s quarterly revenue was up 21.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.86 earnings per share. Equities research analysts predict that GE Vernova Inc. will post 15.04 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be given 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 currently 5.72%.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: Large backlog points to future growth. GE Vernova’s backlog has reached approximately $176 billion and could approach $200 billion in early 2027. Recurring revenue and expected margin expansion provide visibility into future sales and profitability. GE Vernova’s $176 Billion Backlog, Explained
• Positive Sentiment: Data-center and LNG opportunities are expanding. Venture Global signed power agreements involving GE Vernova and Baker Hughes that could support LNG growth and eventually enable as much as 10 gigawatts of data-center capacity by 2034, reinforcing demand tied to artificial-intelligence infrastructure. VG Inks Power Agreements With GEV, BKR to Support LNG Growth
• Positive Sentiment: New projects and grid investment support the long-term outlook. GE Vernova outlined pathways for Spain to achieve reliable, net-zero electricity by 2050, highlighting grid upgrades, energy storage and dependable generation. The company also secured an order intended to strengthen regional power capacity in Côte d’Ivoire. GE Vernova Highlights Spain’s Path to Reliable, Net-Zero Electricity
• Neutral Sentiment: Earnings are the next major catalyst. Analysts expect earnings growth and a potential beat in GE Vernova’s upcoming report, scheduled for October 28. Investors will be watching whether strong revenue growth can offset the company’s recent earnings-per-share shortfall against consensus. GE Vernova Earnings Expected to Grow
• Negative Sentiment: Profit-taking has pressured the shares. A recent pullback was attributed to investors locking in gains despite sustained artificial-intelligence capital-spending demand, indicating elevated valuation and expectations may be limiting near-term upside. GE Vernova’s Q3 Pullback Reflects Profit-Taking

About GE Vernova

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.