International Assets Investment Management LLC Acquires 44,087 Shares of GE Vernova Inc. $GEV

International Assets Investment Management LLC grew its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 745.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,000 shares of the company’s stock after purchasing an additional 44,087 shares during the quarter. International Assets Investment Management LLC’s holdings in GE Vernova were worth $47,524,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Ratings Changes

A number of analysts have weighed in on the stock. BNP Paribas Exane reduced their price target on shares of GE Vernova from $1,190.00 to $1,090.00 and set a “neutral” rating for the company in a report on Thursday, August 20th. Royal Bank Of Canada boosted their price objective on shares of GE Vernova from $1,225.00 to $1,230.00 and gave the stock an “outperform” rating in a report on Thursday. Evercore reaffirmed an “outperform” rating and set a $1,350.00 price objective on shares of GE Vernova in a research report on Thursday, October 1st. Guggenheim reaffirmed a “buy” rating and set a $1,450.00 price objective on shares of GE Vernova in a research report on Tuesday, October 13th. Finally, HSBC upgraded shares of GE Vernova from a “hold” rating to a “buy” rating and increased their target price for the company from $1,040.00 to $1,100.00 in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,152.53.

GE Vernova Trading Down 3.7%

Shares of GE Vernova stock opened at $854.58 on Friday. GE Vernova Inc. has a 12-month low of $530.16 and a 12-month high of $1,195.94. The stock has a market capitalization of $226.19 billion, a P/E ratio of 22.42, a price-to-earnings-growth ratio of 3.03 and a beta of 1.14. The company has a 50-day simple moving average of $934.85 and a 200 day simple moving average of $940.34. The company has a quick ratio of 0.62, a current ratio of 0.83 and a debt-to-equity ratio of 0.22.

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

GE Vernova Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be issued a dividend of $0.50 per share. 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 (DPR) is presently 5.25%.

GE Vernova News Summary

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 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.