798 GE Vernova Inc. $GEV Shares Bought by International Private Wealth Advisors LLC

International Private Wealth Advisors LLC grew its position in GE Vernova Inc. (NYSE:GEV) by 55.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,250 shares of the company’s stock after purchasing an additional 798 shares during the quarter. International Private Wealth Advisors LLC’s holdings in GE Vernova were worth $2,139,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of GEV. BlackRock Inc. bought a new stake in shares of GE Vernova during the second quarter valued at approximately $25,569,630,000. Bank of America Corp DE purchased a new position in GE Vernova in the 2nd quarter worth approximately $2,961,612,000. Bank of New York Mellon Corp purchased a new position in GE Vernova in the 2nd quarter worth approximately $2,497,472,000. Jupiter Topco LLC bought a new position in GE Vernova in the 2nd quarter valued at approximately $2,371,538,000. Finally, Janus Henderson Group PLC lifted its position 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 valued at $1,316,076,000 after acquiring an additional 1,485,712 shares in the last quarter.

GE Vernova Stock Up 1.6%

Shares of GE Vernova stock opened at $809.59 on Thursday. The company has a market cap of $214.28 billion, a price-to-earnings ratio of 21.24, a price-to-earnings-growth ratio of 2.60 and a beta of 1.25. The company’s 50 day moving average is $917.88 and its 200 day moving average is $946.85. GE Vernova Inc. has a twelve month low of $530.16 and a twelve month high of $1,195.94. 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 issued its earnings results on Wednesday, October 28th. The company reported $4.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.03 by $0.78. GE Vernova had a net margin of 23.54% and a return on equity of 46.50%. The company had revenue of $12.64 billion for the quarter, compared to analysts’ expectations of $11.99 billion. During the same quarter last year, the company posted $1.64 earnings per share. The firm’s quarterly revenue was up 26.8% on a year-over-year basis. Research analysts anticipate that GE Vernova Inc. will post 16.13 EPS for the current year.

GE Vernova Announces Dividend

The company also recently declared 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. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, October 27th. GE Vernova’s dividend payout ratio is presently 5.25%.

Wall Street Analyst Weigh In

A number of research firms have commented on GEV. Citigroup reduced their target price on GE Vernova from $1,125.00 to $1,000.00 and set a “neutral” rating for the company in a report on Thursday, October 29th. Argus lowered their price target on GE Vernova from $1,300.00 to $1,100.00 and set a “buy” rating on the stock in a report on Tuesday, November 3rd. JPMorgan Chase & Co. lowered their price target on GE Vernova from $1,035.00 to $1,000.00 and set an “overweight” rating on the stock in a report on Wednesday. Oppenheimer reaffirmed an “outperform” rating on shares of GE Vernova in a research report on Wednesday, October 28th. Finally, 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. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,143.03.

More GE Vernova News

Here’s some of the latest news about GEV:

• 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%
• Positive Sentiment: GE Vernova plans to invest $34.5 million to expand Louisiana transformer manufacturing capacity, positioning the business to serve rising grid-infrastructure demand. GE Vernova to spend $34.5M expanding Louisiana transformer manufacturing capacity
• 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 Company Profile

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.