GE Vernova Inc. $GEV Shares Purchased by Fishman Jay A Ltd. MI

Fishman Jay A Ltd. MI boosted its stake in GE Vernova Inc. (NYSE:GEV) by 6.5% in the third quarter, HoldingsChannel reports. The firm owned 21,859 shares of the company’s stock after buying an additional 1,337 shares during the period. GE Vernova makes up about 1.7% of Fishman Jay A Ltd. MI’s portfolio, making the stock its 14th largest position. Fishman Jay A Ltd. MI’s holdings in GE Vernova were worth $20,777,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of GEV. B. Metzler seel. Sohn & Co. AG grew its stake in GE Vernova by 37.7% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 23,080 shares of the company’s stock valued at $27,116,000 after purchasing an additional 6,313 shares during the period. BG Investment Services LLC purchased a new position in shares of GE Vernova in the third quarter worth about $3,348,000. Citizens Financial Group Inc. RI bought a new stake in GE Vernova during the 2nd quarter valued at $8,337,000. Sapient Capital LLC raised its stake in shares of GE Vernova by 31.4% during the 2nd quarter. Sapient Capital LLC now owns 76,038 shares of the company’s stock valued at $89,372,000 after purchasing an additional 18,188 shares during the period. Finally, Processus Wealth & Capital Management LLC purchased a new stake in shares of GE Vernova in the second quarter worth about $2,699,000.

Trending Headlines about GE Vernova

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

• Positive Sentiment: Strong power-demand trends support the outlook. AI-related electricity consumption, grid investment and broader electrification continue to drive demand for GE Vernova’s power-generation and grid equipment. The company’s approximately $176 billion backlog provides substantial future revenue visibility. GE Vernova Stocks Rise Before $176 Billion Backlog Test
• Positive Sentiment: New international gas-power order adds to the growth narrative. GE Vernova secured an order to supply a gas turbine and generator for a 372-megawatt combined-cycle power plant in Côte d’Ivoire, expanding its presence in a developing power market. GE Vernova Lands 372 MW Côte d’Ivoire Power Plant Order
• Positive Sentiment: Analyst support remains favorable. Bank of America maintained a Buy rating and a $1,310 price target, reinforcing bullish sentiment ahead of the earnings release. BofA Keeps Buy Rating for GE Vernova
• Neutral Sentiment: Earnings expectations are elevated. Analysts are examining projected revenue, earnings per share and operating metrics for the September quarter. Investors will likely pay particular attention to gigawatt orders, heavy-duty HA turbine shipments, service revenue and management’s full-year outlook. Exploring Analyst Estimates for GE Vernova Q3 Earnings
• Negative Sentiment: Valuation and execution risks could limit further gains. Wind-market weakness, tariff uncertainty and the possibility that strong results are already reflected in the stock price raise the risk of a sell-the-news reaction. ETF outflows also represent a modest near-term technical headwind. GE Vernova: The Biggest Risk Is Not Demand

GE Vernova Stock Performance

GEV stock opened at $897.17 on Wednesday. GE Vernova Inc. has a 1-year low of $530.16 and a 1-year high of $1,195.94. The business has a fifty day moving average price of $941.61 and a 200-day moving average price of $936.70.

GE Vernova Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date is Tuesday, October 27th.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on GEV. JPMorgan Chase & Co. dropped their price objective on GE Vernova from $1,330.00 to $1,150.00 and set an “overweight” rating for the company in a research note on Friday, October 9th. Oppenheimer increased their target price on GE Vernova from $1,303.00 to $1,338.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. Jefferies Financial Group reiterated a “buy” rating and issued a $1,185.00 price objective (up from $1,155.00) on shares of GE Vernova in a research report on Thursday, September 17th. Citigroup decreased their price objective on GE Vernova from $1,219.00 to $1,125.00 and set a “neutral” rating for the company in a report on Thursday, July 23rd. Finally, Mizuho increased their target price on GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,164.87.

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.