B.A. Schrock Wealth Management Inc. Acquires 613 Shares of GE Vernova Inc. $GEV

B.A. Schrock Wealth Management Inc. bought a new stake in shares of GE Vernova Inc. (NYSE:GEV) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 613 shares of the company’s stock, valued at approximately $605,000.

A number of other institutional investors have also recently modified their holdings of the stock. Howard Financial Services LTD. raised its position in shares of GE Vernova by 2.9% in the 3rd quarter. Howard Financial Services LTD. now owns 1,608 shares of the company’s stock valued at $1,528,000 after buying an additional 45 shares in the last quarter. Ashurst Perkins Coie Trust Co boosted its position in shares of GE Vernova by 16.4% during the 3rd quarter. Ashurst Perkins Coie Trust Co now owns 142 shares of the company’s stock worth $135,000 after acquiring an additional 20 shares in the last quarter. ZWJ Investment Counsel Inc. increased its stake in GE Vernova by 2.3% in the third quarter. ZWJ Investment Counsel Inc. now owns 4,288 shares of the company’s stock valued at $4,076,000 after acquiring an additional 96 shares during the last quarter. Mather Group LLC. increased its stake in GE Vernova by 24.6% in the third quarter. Mather Group LLC. now owns 11,287 shares of the company’s stock valued at $10,729,000 after acquiring an additional 2,227 shares during the last quarter. Finally, West Wealth Group LLC increased its stake in GE Vernova by 3.1% in the third quarter. West Wealth Group LLC now owns 505 shares of the company’s stock valued at $480,000 after acquiring an additional 15 shares during the last quarter.

Analyst Ratings Changes

Several brokerages have commented on GEV. Morgan Stanley downgraded shares of GE Vernova from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. The Goldman Sachs Group raised GE Vernova from a “buy” rating to a “market outperform” rating in a report on Monday, September 14th. BMO Capital Markets reiterated an “outperform” rating and issued a $1,250.00 price target (up from $1,110.00) on shares of GE Vernova in a research note on Friday, August 7th. Weiss Ratings reissued a “buy (b)” rating on shares of GE Vernova in a report on Tuesday, July 21st. Finally, Jefferies Financial Group reissued a “buy” rating and set a $1,185.00 price target (up from $1,155.00) on shares of GE Vernova in a report on Thursday, September 17th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,164.87.

GE Vernova News Summary

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

• Positive Sentiment: GE Vernova’s backlog has reached approximately $176 billion, supported by 88% organic order growth in the second quarter. Strong free cash flow and high-margin gas-turbine services revenue could benefit results as electricity demand from AI data centers rises. Got $5,000? 2 Stocks Supplying the AI Data Center Power Crunch
• Positive Sentiment: Susquehanna maintained a positive rating while trimming its price target modestly to $1,270, implying substantial upside from recent trading levels. Guggenheim also reaffirmed its buy rating with a $1,450 target, reinforcing favorable analyst sentiment.
• Positive Sentiment: The company is scheduled to report third-quarter 2026 financial results on October 28, providing a near-term catalyst for investors to assess order momentum, cash generation and execution. GE Vernova to announce third quarter 2026 financial results on October 28
• Neutral Sentiment: Citi maintained its hold rating, suggesting analysts remain constructive on the business but are cautious about the stock’s valuation and expectations.
• Neutral Sentiment: Speculation about a potential stock split highlights GE Vernova’s strong share-price appreciation, but a split would not change the company’s underlying value or fundamentals. Stock-Split Watch: Is GE Vernova Next?
• Negative Sentiment: GE Vernova shares have fallen from their year-to-date high into bear-market territory, signaling profit-taking and weakening momentum after a substantial earlier rally. GE Vernova stock has suffered a big pullback
• Negative Sentiment: The latest session saw GE Vernova underperform the broader market. Investors are questioning whether the backlog and AI-power opportunity can justify the stock’s elevated earnings multiple, cited by one report at roughly 66 times earnings. GE Vernova Registers a Bigger Fall Than the Market

GE Vernova Trading Down 6.4%

NYSE GEV opened at $939.83 on Thursday. GE Vernova Inc. has a twelve month low of $530.16 and a twelve month high of $1,195.94. The business’s fifty day moving average is $965.61 and its 200 day moving average is $1,001.12. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. The company has a market cap of $250.31 billion, a price-to-earnings ratio of 26.90, a price-to-earnings-growth ratio of 3.48 and a beta of 1.14.

GE Vernova (NYSE:GEV) last posted its earnings results on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing the consensus estimate of $3.17 by ($0.70). The firm had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.79 billion. GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. GE Vernova’s revenue for the quarter was up 21.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.86 earnings per share. As a group, sell-side analysts expect that GE Vernova Inc. will post 15.04 EPS for the current fiscal 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 given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date is Tuesday, October 27th. GE Vernova’s dividend payout ratio is 5.72%.

GE Vernova Company 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.