584 GE Vernova Inc. $GEV Shares Sold by Kessler Investment Group LLC

Kessler Investment Group LLC lowered its stake in GE Vernova Inc. (NYSE:GEV) by 7.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 7,142 shares of the company’s stock after selling 584 shares during the period. GE Vernova accounts for approximately 3.1% of Kessler Investment Group LLC’s holdings, making the stock its 11th largest holding. Kessler Investment Group LLC’s holdings in GE Vernova were worth $6,788,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. Parvin Asset Management LLC bought a new stake in shares of GE Vernova in the 2nd quarter valued at approximately $32,000. Pingora Partners LLC bought a new position in shares of GE Vernova during the 2nd quarter valued at approximately $36,000. Manning & Napier Advisors LLC increased its position in shares of GE Vernova by 68.4% during the 1st quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock valued at $26,000 after purchasing an additional 13 shares during the last quarter. IMG Wealth Management Inc. purchased a new stake in GE Vernova during the 2nd quarter valued at $39,000. Finally, Miller Global Investments LLC raised its holdings in GE Vernova by 63.6% during the 2nd quarter. Miller Global Investments LLC now owns 36 shares of the company’s stock valued at $42,000 after buying an additional 14 shares during the period.

Analyst Upgrades and Downgrades

Several research firms have commented on GEV. Mizuho lifted their price objective on shares of GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Sanford C. Bernstein restated 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. BMO Capital Markets reaffirmed an “outperform” rating and set a $1,250.00 price target (up from $1,110.00) on shares of GE Vernova in a research note on Friday, August 7th. Glj Research began coverage on shares of GE Vernova in a report on Monday, September 14th. They set a “sell” rating and a $470.00 price target on the stock. Finally, President Capital upped their price target on shares of GE Vernova from $1,368.00 to $1,398.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,171.87.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: GE Vernova’s gas turbines are reportedly sold out, positioning the company as a critical supplier of reliable power for expanding AI data centers. The opportunity is broader than direct data-center sales, since only about 20% of the company’s order book is tied to that market. GE Vernova Isn’t an AI Stock. It’s the Reason AI Stocks Work Only 20% of GE Vernova’s Order Book Is Data Centers
• Positive Sentiment: Growing backlog, nuclear expansion, long-term energy contracts and services growth are improving revenue visibility and supporting the longer-term investment case. These themes have helped GEV rise substantially over the past year. Could GE Vernova Be Your Ticket to Generational Wealth? GE Vernova Surges 9.4% in a Month
• Positive Sentiment: GE Vernova plans to double its number of MIT interns and permanent hires in 2027, an investment that could strengthen its engineering and talent pipeline as demand grows. GE Vernova to Double the Number of MIT Interns and Permanent Hires in 2027
• Positive Sentiment: Heavy buying interest and billionaire investor Ken Fisher’s sharply increased position reinforce institutional enthusiasm for GEV’s AI-power and electrification exposure. What’s behind an explosion of buying Why Billionaire Ken Fisher Went Big on GE Vernova
• Neutral Sentiment: Recent coverage comparing GE Vernova with other electrical-systems companies highlights strong growth but offers limited new company-specific information. Q2 Rundown: GE Vernova Vs Other Electrical Systems Stocks
• Negative Sentiment: After a roughly 70% one-year advance, analysts are questioning whether GEV’s valuation is supported by the cash the business can generate. Supply constraints, tariffs and the possibility that AI enthusiasm cools are additional risks. GE Vernova Stock Appears Overvalued Following Its 70% Run
• Negative Sentiment: GE Vernova recently decreased more than the broader market, and weaker after-hours trading suggests investors may be taking profits while reassessing its premium valuation. GE Vernova Dips More Than Broader Market

GE Vernova Trading Down 1.2%

GEV stock traded down $12.39 during midday trading on Thursday, reaching $984.70. The company’s stock had a trading volume of 1,000,807 shares, compared to its average volume of 2,641,752. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85. The stock has a fifty day simple moving average of $967.21 and a two-hundred day simple moving average of $997.58. GE Vernova Inc. has a 1 year low of $530.16 and a 1 year high of $1,195.94. The firm has a market capitalization of $262.25 billion, a price-to-earnings ratio of 28.18, a PEG ratio of 3.48 and a beta of 1.14.

GE Vernova (NYSE:GEV) last issued its earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). The company had revenue of $11.10 billion for the quarter, compared to analysts’ expectations of $10.79 billion. GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The firm’s revenue for the quarter was up 21.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.86 earnings per share. On average, equities research analysts predict that GE Vernova Inc. will post 15.38 EPS for the current year.

GE Vernova Announces Dividend

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