10,184 GE Vernova Inc. $GEV Shares Acquired by Welch & Forbes LLC

Welch & Forbes LLC raised its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 95.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,856 shares of the company’s stock after buying an additional 10,184 shares during the period. Welch & Forbes LLC’s holdings in GE Vernova were worth $19,823,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. United Capital Management of KS Inc. increased its holdings in shares of GE Vernova by 4,191.6% in the third quarter. United Capital Management of KS Inc. now owns 11,716 shares of the company’s stock worth $11,136,000 after buying an additional 11,443 shares during the period. Pinion Investment Advisors LLC boosted its holdings in GE Vernova by 4.0% during the 3rd quarter. Pinion Investment Advisors LLC now owns 446 shares of the company’s stock valued at $424,000 after acquiring an additional 17 shares during the period. Montis Financial LLC boosted its holdings in GE Vernova by 4.7% during the 3rd quarter. Montis Financial LLC now owns 378 shares of the company’s stock valued at $359,000 after acquiring an additional 17 shares during the period. Gryphon Financial Partners LLC boosted its holdings in GE Vernova by 4.7% during the 3rd quarter. Gryphon Financial Partners LLC now owns 3,281 shares of the company’s stock valued at $3,118,000 after acquiring an additional 148 shares during the period. Finally, Consolidated Investment Group LLC grew its position in GE Vernova by 19.4% during the 3rd quarter. Consolidated Investment Group LLC now owns 4,300 shares of the company’s stock worth $4,087,000 after acquiring an additional 700 shares during the last quarter.

GE Vernova Trading Up 7.2%

GEV opened at $829.47 on Tuesday. The business has a 50 day simple moving average of $921.67 and a two-hundred day simple moving average of $945.42. The firm has a market capitalization of $219.54 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 2.71 and a beta of 1.25. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.83 and a quick ratio of 0.62. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94.

GE Vernova (NYSE:GEV) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.03 by $0.78. GE Vernova had a net margin of 23.54% and a return on equity of 46.50%. The business had revenue of $12.64 billion for the quarter, compared to the consensus estimate of $11.99 billion. During the same period in the previous year, the firm earned $1.64 EPS. The company’s quarterly revenue was up 26.8% compared to the same quarter last year. Analysts predict that GE Vernova Inc. will post 16.13 EPS for the current year.

GE Vernova Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s payout ratio is presently 5.25%.

GE Vernova News Summary

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

• Positive Sentiment: GE Vernova won its sixth project with Stadtwerke Heidenheim, agreeing to supply three onshore turbines for a German wind farm and provide 20 years of maintenance. The deal supports recurring service revenue, though its financial terms were not disclosed. GE Vernova Lands Wind Turbine Order With 20-Year Service Deal
• Positive Sentiment: Investors also had a broader demand catalyst: Constellation Energy raised its 2026 guidance and announced data-center deals, helping ease concerns that a potential data-center construction slowdown would curb electricity demand. GE Vernova could benefit from continued investment in power generation. GE Vernova Soars as Constellation Raises Guidance
• Positive Sentiment: The company was also selected for a 6-GW high-voltage direct-current transmission corridor in India, a large infrastructure project booked in the fourth quarter. GE Vernova to Support India’s Energy Transition With 6-GW HVDC Transmission Project
• Neutral Sentiment: Reports of a tight market for gas turbines, with new U.S. equipment reportedly taking years to deliver, underscore potential demand for GE Vernova’s products, but do not guarantee additional orders. Shortage of Turbines Drives Market for Second-Hand Market for AI Data Centers
• Negative Sentiment: A separate analysis flagged a $9 billion acquisition as a complication for the company’s valuation and cash-flow outlook, keeping deal-related risks on investors’ radar. GE Vernova Share Price and $9B Acquisition Outlook
• Negative Sentiment: Elon Musk’s claim that SoftBank is defaulting on turbine orders raises a potential customer-demand concern, although the reports do not establish the impact on GE Vernova’s own orders. SoftBank Turbine Orders Warning for GE Vernova

Analyst Ratings Changes

Several brokerages have weighed in on GEV. Jefferies Financial Group reiterated a “buy” rating and issued a $1,100.00 price objective on shares of GE Vernova in a research report on Thursday, October 29th. Weiss Ratings restated a “buy (b)” rating on shares of GE Vernova in a report on Monday, October 19th. BMO Capital Markets restated an “outperform” rating and issued a $1,200.00 target price on shares of GE Vernova in a report on Thursday, October 29th. Evercore reaffirmed an “outperform” rating and issued a $1,350.00 target price on shares of GE Vernova in a research note on Thursday, October 1st. Finally, Argus dropped their price target on shares of GE Vernova from $1,300.00 to $1,100.00 and set a “buy” rating for the company in a research report on Tuesday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, GE Vernova currently has an average rating of “Moderate Buy” and a consensus target price of $1,144.20.

GE Vernova 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.

GE Vernova serves utilities, power producers, grid operators and other customers around the world.