Viking Fund Management LLC Has $1.72 Million Stock Position in GE Vernova Inc. $GEV

Viking Fund Management LLC cut its stake in GE Vernova Inc. (NYSE:GEV) by 26.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 2,800 shares of the company’s stock after selling 1,000 shares during the quarter. Viking Fund Management LLC’s holdings in GE Vernova were worth $1,722,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Bay Harbor Wealth Management LLC raised its stake in GE Vernova by 537.5% during the third quarter. Bay Harbor Wealth Management LLC now owns 51 shares of the company’s stock worth $31,000 after acquiring an additional 43 shares in the last quarter. WFA Asset Management Corp bought a new stake in shares of GE Vernova in the 2nd quarter worth about $29,000. Howard Hughes Medical Institute acquired a new stake in shares of GE Vernova during the 2nd quarter worth about $31,000. Monetary Management Group Inc. acquired a new stake in shares of GE Vernova during the 2nd quarter worth about $32,000. Finally, Highline Wealth Partners LLC lifted its holdings in GE Vernova by 34.6% during the 2nd quarter. Highline Wealth Partners LLC now owns 70 shares of the company’s stock valued at $37,000 after purchasing an additional 18 shares during the last quarter.

More GE Vernova News

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

• Positive Sentiment: Jefferies upgraded GEV, citing stronger outlook/earnings trajectory that helped spark buying interest and analyst-led momentum. Jefferies upgrades GE Vernova (GEV)
• Positive Sentiment: Barron’s reports GEV recovered after the prior session’s brutal selloff as the AI trade rebounded, suggesting sector flows (not just company-specific news) are driving near-term price moves. GE Vernova Stock Recovers as the AI Trade Rebounds
• Positive Sentiment: Market TV coverage cited the Micron earnings-driven AI rally and noted an upgrade-driven rally in GEV as part of broader session headlines — supportive short-term technical momentum. MU Posts Strong A.I. Demand, GEV Upgrade Rally, KMX Stalls on Earnings
• Neutral Sentiment: Investor’s Business Daily piece frames a recent GEV swing trade as a “losing trade” in execution but not a failed thesis — useful for traders but not new fundamental information. GE Vernova Stock Was A Losing Trade — But Not A Bad Trade
• Neutral Sentiment: MSN republished the IBD swing-trade commentary, reinforcing the message for traders that short-term setups don’t negate the longer-term thesis. GE Vernova stock was a losing trade — but not a bad trade
• Neutral Sentiment: Yahoo questions whether GEV’s 2025 ~100% rally is supported by fundamentals, highlighting valuation and margin concerns — a cautionary read for longer-term investors. Is GE Vernova’s 102% Surge in 2025 Still Supported by Fundamentals?
• Negative Sentiment: MSN runs a deeper “why it crashed and what to expect” piece that outlines catalysts for the recent sharp selloff and potential near-term downside risks, which likely pressured sentiment before today’s rebound. Here’s why the GE Vernova stock price crashed and what to expect

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on GEV shares. BMO Capital Markets raised their price objective on shares of GE Vernova from $710.00 to $780.00 and gave the stock an “outperform” rating in a report on Wednesday, December 10th. Melius upgraded GE Vernova from a “hold” rating to a “buy” rating and set a $740.00 price target on the stock in a research report on Monday, September 15th. Barclays lifted their price objective on GE Vernova from $710.00 to $720.00 and gave the company an “overweight” rating in a research report on Thursday, December 4th. Cowen reissued a “buy” rating on shares of GE Vernova in a research note on Thursday, October 23rd. Finally, Wells Fargo & Company raised their target price on GE Vernova from $717.00 to $831.00 and gave the company an “overweight” rating in a research note on Tuesday. Four analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $690.56.

GE Vernova Stock Performance

Shares of GEV opened at $658.03 on Friday. The business’s fifty day moving average price is $601.18 and its two-hundred day moving average price is $588.92. The firm has a market capitalization of $178.54 billion, a price-to-earnings ratio of 107.17, a PEG ratio of 5.02 and a beta of 1.71. GE Vernova Inc. has a 52 week low of $252.25 and a 52 week high of $731.00.

GE Vernova (NYSE:GEV) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $1.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.72 by ($0.08). The firm had revenue of $9.97 billion for the quarter, compared to analyst estimates of $9.15 billion. GE Vernova had a net margin of 4.52% and a return on equity of 17.07%. The company’s revenue was up 11.8% compared to the same quarter last year. During the same period last year, the company earned ($0.35) EPS. As a group, research analysts forecast that GE Vernova Inc. will post 6.59 EPS for the current year.

GE Vernova Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Monday, January 5th will be paid a $0.50 dividend. This is a boost from GE Vernova’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Monday, January 5th. This represents a $2.00 annualized dividend and a dividend yield of 0.3%. GE Vernova’s payout ratio is 16.29%.

About GE Vernova

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.