Americana Partners LLC Purchases 1,133 Shares of GE Vernova Inc. $GEV

Americana Partners LLC lifted its position in shares of GE Vernova Inc. (NYSE:GEV) by 17.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 7,734 shares of the company’s stock after acquiring an additional 1,133 shares during the quarter. Americana Partners LLC’s holdings in GE Vernova were worth $7,351,000 at the end of the most recent quarter.

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

GE Vernova Price Performance

GE Vernova stock opened at $854.58 on Friday. The stock has a market cap of $226.19 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 3.03 and a beta of 1.14. The company has a quick ratio of 0.62, a current ratio of 0.83 and a debt-to-equity ratio of 0.22. The business has a 50-day simple moving average of $934.85 and a 200 day simple moving average of $940.34. GE Vernova Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94.

GE Vernova (NYSE:GEV) last released its quarterly earnings results on Wednesday, October 28th. The company reported $4.81 earnings per share for the quarter, beating the consensus estimate of $4.03 by $0.78. GE Vernova had a return on equity of 46.50% and a net margin of 23.54%. The firm had revenue of $12.64 billion for the quarter, compared to analysts’ expectations of $11.99 billion. During the same quarter last year, the firm posted $1.64 EPS. The company’s revenue was up 26.8% compared to the same quarter last year. On average, research analysts forecast that GE Vernova Inc. will post 15.26 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, October 27th. GE Vernova’s dividend payout ratio (DPR) is currently 5.25%.

Analysts Set New Price Targets

GEV has been the subject of a number of recent research reports. Royal Bank Of Canada lifted their price objective on shares of GE Vernova from $1,225.00 to $1,230.00 and gave the company an “outperform” rating in a research note on Thursday. President Capital raised their price target on GE Vernova from $1,368.00 to $1,398.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Glj Research raised their price target on GE Vernova from $470.00 to $540.00 and gave the stock a “sell” rating in a report on Friday. Sanford C. Bernstein reiterated an “outperform” rating and issued a $1,298.00 price target on shares of GE Vernova in a research report on Wednesday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of GE Vernova in a research note on Monday, October 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,152.53.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova delivered a significant third-quarter beat, reporting $4.81 in EPS versus a $4.03 consensus estimate and $12.64 billion in revenue versus $11.99 billion expected. Revenue increased 26.8% year over year. GE Vernova Q3 Earnings Call Highlights Pricing and Grid Expansion
• Positive Sentiment: Backlog reached approximately $197 billion and orders reportedly nearly doubled, supporting management’s outlook for sustained demand. Gas-turbine buyers are reserving production capacity years in advance, while AI data-center demand is helping drive higher pricing. GE Vernova’s $197 Billion Backlog, $9 Billion Acquisition, and One Clear Strategy
• Positive Sentiment: The planned $9 billion acquisition of Trench Group would expand GE Vernova’s high-voltage grid-equipment manufacturing, increase vertical integration, and strengthen its presence in Europe and Asia as electricity demand grows. GE Vernova Agrees $9 Billion Grid Equipment Deal
• Positive Sentiment: HSBC upgraded GEV to Buy and raised its price target to $1,100 from $1,040, arguing that the wind business is largely derisked and past its worst period. Bernstein reaffirmed an Outperform rating, while Susquehanna maintained a $1,250 target. HSBC Upgrades GE Vernova
• Neutral Sentiment: Analyst sentiment remains broadly constructive but divided. JPMorgan lowered its target to $1,035 while retaining Overweight, and Citigroup cut its target to $1,000 with a Neutral rating. GLJ Research raised its target to $540 but kept a Sell rating, implying substantial downside. JPMorgan Analyst Action
• Negative Sentiment: The immediate pressure came from concerns that new order signings slowed relative to the very high backlog, raising questions about backlog conversion and execution. Investors appeared to want stronger evidence that reservations are becoming firm, near-term revenue. GE Vernova’s Reservations Are Turning Into Real Orders
• Negative Sentiment: The $9 billion Trench acquisition adds strategic growth potential but also introduces substantial capital-allocation, integration, and execution risks, particularly as some gas-turbine order momentum moderates. GE Vernova in $9 Billion Deal to Buy High-Voltage Manufacturer

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.