GoalVest Advisory LLC Raises Stock Position in GE Vernova Inc. $GEV

GoalVest Advisory LLC lifted its holdings in GE Vernova Inc. (NYSE:GEV) by 90,693.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 42,673 shares of the company’s stock after purchasing an additional 42,626 shares during the period. GE Vernova comprises approximately 2.1% of GoalVest Advisory LLC’s portfolio, making the stock its 9th largest holding. GoalVest Advisory LLC’s holdings in GE Vernova were worth $40,560,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Auto Owners Insurance Co increased its position in shares of GE Vernova by 110,973.4% during the fourth quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company’s stock worth $2,278,224,000 after acquiring an additional 34,826,773 shares during the period. BlackRock Inc. bought a new position in GE Vernova in the second quarter worth approximately $25,569,630,000. State Street Corp grew its stake in GE Vernova by 3.3% in the second quarter. State Street Corp now owns 11,765,340 shares of the company’s stock worth $13,828,380,000 after purchasing an additional 370,842 shares in the last quarter. Bank of America Corp DE increased its holdings in GE Vernova by 20.1% during the 1st quarter. Bank of America Corp DE now owns 2,598,178 shares of the company’s stock worth $2,267,949,000 after purchasing an additional 435,405 shares during the period. Finally, Capital World Investors increased its holdings in GE Vernova by 1.2% during the 4th quarter. Capital World Investors now owns 2,181,816 shares of the company’s stock worth $1,425,972,000 after purchasing an additional 25,619 shares during the period.

Analysts Set New Price Targets

Several equities research analysts have weighed in on GEV shares. Sanford C. Bernstein reiterated an “outperform” rating and issued a $1,298.00 target price (up from $1,206.00) on shares of GE Vernova in a report on Tuesday, September 15th. Royal Bank Of Canada raised their price target on GE Vernova from $1,195.00 to $1,225.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. The Goldman Sachs Group upgraded GE Vernova from a “buy” rating to a “market outperform” rating in a report on Monday, September 14th. Wall Street Zen lowered shares of GE Vernova from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, TD Cowen increased their target price on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,171.87.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova and Hitachi secured the first U.S. construction permit for their BWRX-300 small modular reactor from the Nuclear Regulatory Commission. The approval allows licensed construction activities to begin and strengthens GEV’s nuclear pipeline, although commercial revenue remains several years away. GE Vernova’s BWRX-300 Secures First US Construction Permit
• Positive Sentiment: CEO Scott Strazik signaled that orders and backlog are growing faster than expected, with potential margin expansion across the business, including the historically challenged wind segment. The outlook reinforces the bullish case for future earnings growth. GE Vernova’s CEO Just Delivered Great News to Shareholders
• Positive Sentiment: GE Vernova declared its $0.50 quarterly dividend, payable November 24 to shareholders of record October 27. The $2.00 annualized payout is small relative to the share price but signals ongoing shareholder returns and financial confidence. GE Vernova Declares Quarterly Dividend
• Neutral Sentiment: Analysts and commentators continue to view GEV as a leading beneficiary of the AI-driven electricity buildout, particularly as data centers need new generation and grid infrastructure. However, the stock already trades at a substantial valuation, making execution and earnings delivery important.
• Negative Sentiment: Some data-center customers are favoring faster-to-deploy turbine generation over nuclear power, which could limit the near-term impact of the BWRX-300 permit. Investors also remain alert to the long construction timeline and potential delays before nuclear projects contribute materially to revenue. GE Vernova Stocks Slip as Data Centers Choose Faster Turbines

GE Vernova Stock Up 0.5%

NYSE GEV traded up $4.69 on Friday, hitting $992.14. The stock had a trading volume of 1,246,289 shares, compared to its average volume of 2,654,354. The business’s fifty day moving average price is $964.10 and its 200 day moving average price is $993.29. The stock has a market cap of $264.24 billion, a price-to-earnings ratio of 28.39, a price-to-earnings-growth ratio of 4.42 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62. 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 issued its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The business had revenue of $11.10 billion for the quarter, compared to analysts’ expectations of $10.79 billion. During the same quarter in the previous year, the firm posted $1.86 EPS. GE Vernova’s revenue was up 21.9% on a year-over-year basis. Equities research analysts anticipate that GE Vernova Inc. will post 15.36 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, November 24th. Stockholders of record on Tuesday, October 27th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio is presently 5.72%.

GE Vernova Profile

GE Vernova Inc (NYSE: GEV) is an energy technology company formed through the separation of General Electric’s energy businesses in April 2024. The company is focused on helping generate, transmit, distribute and store electricity as power systems adapt to rising demand and the transition toward lower-carbon energy sources.

GE Vernova operates across three principal business areas: Power, Wind and Electrification. Its products and services include gas and steam power generation equipment, nuclear and hydropower technologies, onshore and offshore wind turbines, wind services, grid equipment, electrification systems, energy storage solutions and software used to monitor and manage energy infrastructure.

The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world.