GE Vernova Inc. $GEV Stock Sold by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC lowered its position in GE Vernova Inc. (NYSE:GEV) by 36.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,200 shares of the company’s stock after selling 696 shares during the quarter. Paradigm Asset Management Co. LLC’s holdings in GE Vernova were worth $1,141,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in GE Vernova during the second quarter worth about $25,569,630,000. State Street Corp grew its stake in shares of GE Vernova by 3.3% in the 2nd quarter. State Street Corp now owns 11,765,340 shares of the company’s stock valued at $13,828,380,000 after buying an additional 370,842 shares during the period. Bank of America Corp DE grew its stake in shares of GE Vernova by 20.1% in the 1st quarter. Bank of America Corp DE now owns 2,598,178 shares of the company’s stock valued at $2,267,949,000 after buying an additional 435,405 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of GE Vernova in the 2nd quarter valued at approximately $2,497,472,000. Finally, Jupiter Topco LLC acquired a new stake in shares of GE Vernova during the 2nd quarter worth approximately $2,371,538,000.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $1,100.00 price target on shares of GE Vernova in a research report on Thursday, October 29th. Evercore reiterated an “outperform” rating and issued a $1,350.00 price objective on shares of GE Vernova in a report on Thursday, October 1st. Oppenheimer reissued an “outperform” rating on shares of GE Vernova in a research note on Wednesday, October 28th. TD Cowen cut their target price on GE Vernova from $1,235.00 to $1,125.00 and set a “buy” rating for the company in a research note on Thursday, October 29th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of GE Vernova in a research report on Monday, October 19th. Two 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, GE Vernova has a consensus rating of “Moderate Buy” and an average price target of $1,143.03.

Key Stories Impacting GE Vernova

Investors following GEV have been watching these stories:

• Positive Sentiment: Third-quarter orders reached $29 billion, up 96% year over year, while the company’s backlog hit a record $197 billion and 2026 revenue guidance was raised—supporting demand visibility despite market concerns. GE Vernova’s Orders Jumped 96%
• Negative Sentiment: SoftBank’s reassessment of plans for an Ohio data center has fueled concern about potential delays or reduced demand for power-generation equipment, weighing on sentiment toward GE Vernova and other AI-power stocks. GE Vernova shares slide after SoftBank revises US data center project plans
• Negative Sentiment: Despite the surge in total orders, electrification orders fell 9% year over year, a notable weak spot given the importance of grid equipment to the company’s growth outlook. GE Vernova’s Orders Jumped 96%

GE Vernova Price Performance

Shares of GEV opened at $809.59 on Thursday. 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 $214.28 billion, a PE ratio of 21.24, a P/E/G ratio of 2.60 and a beta of 1.25. The firm has a 50-day simple moving average of $917.88 and a two-hundred day simple moving average of $946.85. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.83 and a quick ratio of 0.62.

GE Vernova (NYSE:GEV) last released its quarterly earnings results on Wednesday, October 28th. The company reported $4.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.03 by $0.78. GE Vernova had a net margin of 23.54% and a return on equity of 46.50%. The business had revenue of $12.64 billion for the quarter, compared to the consensus estimate of $11.99 billion. During the same period in the previous year, the firm earned $1.64 EPS. The business’s revenue was up 26.8% on a year-over-year basis. As a group, analysts forecast that GE Vernova Inc. will post 16.13 EPS for the current year.

GE Vernova Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Tuesday, October 27th will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova’s dividend payout ratio is 5.25%.

About GE Vernova

GE Vernova is an energy technology company that designs, manufactures and services equipment used to generate, transmit and distribute electricity. It became an independent public company in April 2024 after separating from General Electric, which had built its energy businesses over more than a century. The company operates through three main businesses: Power, Wind and Electrification. Its offerings include gas and steam turbines, hydropower technologies and related services; onshore and offshore wind turbines; and grid equipment, power-conversion systems and software used to support electricity networks.