SeaTown Holdings Pte. Ltd. Lowers Stock Position in GE Vernova Inc. $GEV

SeaTown Holdings Pte. Ltd. trimmed its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 15.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 10,710 shares of the company’s stock after selling 2,000 shares during the quarter. GE Vernova accounts for approximately 3.8% of SeaTown Holdings Pte. Ltd.’s holdings, making the stock its 15th biggest holding. SeaTown Holdings Pte. Ltd.’s holdings in GE Vernova were worth $6,586,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of GEV. Vanguard Group Inc. raised its position in shares of GE Vernova by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 24,815,463 shares of the company’s stock worth $15,259,028,000 after acquiring an additional 150,892 shares in the last quarter. State Street Corp boosted its position in GE Vernova by 1.9% during the second quarter. State Street Corp now owns 11,097,778 shares of the company’s stock valued at $5,872,389,000 after purchasing an additional 206,650 shares in the last quarter. Geode Capital Management LLC grew its stake in GE Vernova by 2.2% in the second quarter. Geode Capital Management LLC now owns 6,108,484 shares of the company’s stock valued at $3,221,404,000 after purchasing an additional 129,315 shares during the last quarter. Norges Bank bought a new position in GE Vernova in the second quarter worth about $1,809,220,000. Finally, Invesco Ltd. lifted its position in shares of GE Vernova by 26.3% during the second quarter. Invesco Ltd. now owns 2,217,257 shares of the company’s stock valued at $1,173,262,000 after buying an additional 462,038 shares during the last quarter.

Analyst Upgrades and Downgrades

GEV has been the topic of a number of analyst reports. William Blair reaffirmed an “outperform” rating on shares of GE Vernova in a research report on Wednesday, December 10th. TD Cowen lifted their price target on shares of GE Vernova from $680.00 to $780.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. The Goldman Sachs Group upped their price target on GE Vernova from $840.00 to $925.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Mizuho set a $714.00 price objective on GE Vernova in a report on Tuesday, February 3rd. Finally, Weiss Ratings upgraded GE Vernova from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $788.24.

GE Vernova News Summary

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

• Positive Sentiment: Short interest fell sharply in February (down ~14.7% to 6.06M shares, ~2.3% of shares sold short; days-to-cover ~1.8), reducing immediate bearish pressure and the risk of short-driven volatility.
• Positive Sentiment: Multiple bullish media pieces are highlighting GEV as a primary beneficiary of AI-driven electricity demand and a structural energy upcycle, supporting investor appetite. Why GE Vernova Is The Market’s New Favorite Energy Play
• Positive Sentiment: Long-term buy thesis being promoted by retail/income-focused outlets citing surging demand from data centers and other large electricity consumers. 1 Brilliant Energy Stock to Buy Now and Hold for the Long Term
• Positive Sentiment: Analyst-theme coverage (Zacks/Yahoo) groups GEV with other energy names benefiting from AI power demand, which can attract thematic and momentum flows. Zacks Investment Ideas feature highlights: Bloom Energy, Excelerate Energy and GE Vernova
• Positive Sentiment: Coverage pointing to a potential “growth supercycle” tied to AI-related power needs and shareholder payouts, reinforcing a case for multi-year demand tailwinds. GE Vernova Growth Supercycle Tied To AI Power And Payouts
• Positive Sentiment: High-profile endorsement from media figures increases retail visibility and can boost short-term interest. I Trust GE Vernova (GEV) CEO, Says Jim Cramer
• Neutral Sentiment: Independent/critical write-up provides a deeper look at risks and fundamentals that some investors may weigh against the bullish narrative. GE Vernova (NYSE:GEV) and Montauk Renewables (NASDAQ:MNTK) Critical Analysis

GE Vernova Price Performance

Shares of GEV stock opened at $874.61 on Thursday. The business has a fifty day moving average of $716.98 and a 200 day moving average of $645.60. GE Vernova Inc. has a 1 year low of $252.25 and a 1 year high of $894.93. The firm has a market capitalization of $235.73 billion, a price-to-earnings ratio of 49.14, a price-to-earnings-growth ratio of 3.50 and a beta of 1.67.

GE Vernova (NYSE:GEV) last announced its quarterly earnings data on Wednesday, January 28th. The company reported $13.39 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $10.40. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The business had revenue of $10.96 billion for the quarter, compared to analyst estimates of $10.21 billion. During the same period in the prior year, the company earned $1.73 earnings per share. The company’s revenue was up 3.8% on a year-over-year basis. As a group, equities research analysts expect that GE Vernova Inc. will post 6.59 earnings per share for the current year.

GE Vernova Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date is Tuesday, March 17th. GE Vernova’s payout ratio is presently 11.24%.

About GE Vernova

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.