GE Vernova Inc. $GEV Shares Sold by Summit Place Financial Advisors LLC

Summit Place Financial Advisors LLC lowered its position in GE Vernova Inc. (NYSE:GEV) by 8.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,032 shares of the company’s stock after selling 637 shares during the period. GE Vernova makes up about 2.9% of Summit Place Financial Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Summit Place Financial Advisors LLC’s holdings in GE Vernova were worth $6,684,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new position in GE Vernova during the second quarter worth $25,569,630,000. Bank of America Corp DE purchased a new stake in GE Vernova during the second quarter worth $2,961,612,000. Bank of New York Mellon Corp purchased a new stake in GE Vernova during the second quarter worth $2,497,472,000. Jupiter Topco LLC acquired a new stake in GE Vernova in the second quarter valued at $2,371,538,000. Finally, Janus Henderson Group PLC grew its holdings in GE Vernova by 4,358.6% in the first quarter. Janus Henderson Group PLC now owns 1,519,799 shares of the company’s stock valued at $1,316,076,000 after purchasing an additional 1,485,712 shares during the last quarter.

GE Vernova Trading Down 0.1%

Shares of GEV opened at $814.37 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62. GE Vernova Inc. has a 1-year low of $530.16 and a 1-year high of $1,195.94. The stock has a market cap of $216.89 billion, a price-to-earnings ratio of 23.31, a price-to-earnings-growth ratio of 2.82 and a beta of 1.14. The firm has a 50 day simple moving average of $947.07 and a 200-day simple moving average of $1,001.71.

GE Vernova Dividend Announcement

The business 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. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Tuesday, October 27th. GE Vernova’s dividend payout ratio is 5.72%.

Trending Headlines about GE Vernova

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

• Positive Sentiment: GE Vernova entered multiyear agreements with Venture Global and Baker Hughes covering up to 16 power-island units and transformer equipment. The systems are intended to provide behind-the-meter power for LNG facilities and planned AI data centers, supporting the company’s backlog and exposure to rising electricity demand. Why Is GE Vernova Tied To 16 Off Grid Power Units?
• Positive Sentiment: BMO Capital and Bank of America Securities reportedly maintained or issued Buy views on GEV, while several recent analyses highlighted long-term growth from grid modernization, electrification and expanding power demand. GE Vernova Gets a Buy from BMO Capital
• Neutral Sentiment: Investors are awaiting GE Vernova’s third-quarter 2026 results, with analysts focused on revenue, margins, orders and other operating metrics. The earnings report could clarify whether demand from data centers and broader power infrastructure is translating into profitable growth. Seeking Clues to GE Vernova Q3 Earnings
• Negative Sentiment: GEV fell sharply alongside Vertiv, Bloom Energy and Eaton after Meta’s larger AI spending outlook raised concerns about how data-center expansion will be financed. The move suggests investors are questioning the sustainability, timing and returns of AI infrastructure orders, even though long-term demand remains strong. GE Vernova Slumps as Meta Spending Outlook Stokes AI Financing Worries
• Negative Sentiment: Erste Group slightly reduced its 2027 EPS forecast to $24.36 from $24.55. The modest cut adds to execution concerns, particularly after GE Vernova’s prior quarterly EPS missed expectations despite stronger-than-expected revenue. GE Vernova Earnings Estimate Revision

Analysts Set New Price Targets

A number of research analysts have recently weighed in on GEV shares. Jefferies Financial Group restated a “buy” rating and issued a $1,185.00 price target (up from $1,155.00) on shares of GE Vernova in a research report on Thursday, September 17th. Susquehanna cut their price target on GE Vernova from $1,300.00 to $1,270.00 and set a “positive” rating for the company in a research note on Wednesday, October 14th. TD Cowen boosted their price objective on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Morgan Stanley cut shares of GE Vernova from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $1,250.00 price objective (up from $1,110.00) 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-six have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,164.87.

GE Vernova Company 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.