Truist Financial Corp Trims Position in GE Vernova Inc. $GEV

Truist Financial Corp reduced its position in GE Vernova Inc. (NYSE:GEV) by 1.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 77,438 shares of the company’s stock after selling 1,151 shares during the quarter. Truist Financial Corp’s holdings in GE Vernova were worth $47,616,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of GEV. Synergy Asset Management LLC grew its holdings in GE Vernova by 300.0% in the third quarter. Synergy Asset Management LLC now owns 1,884 shares of the company’s stock worth $1,078,000 after purchasing an additional 1,413 shares during the period. Kercheville Advisors LLC lifted its position in GE Vernova by 238.3% in the 3rd quarter. Kercheville Advisors LLC now owns 4,905 shares of the company’s stock valued at $3,016,000 after acquiring an additional 3,455 shares in the last quarter. Dupree Financial Group LLC purchased a new stake in shares of GE Vernova during the second quarter valued at $253,000. Rakuten Investment Management Inc. bought a new stake in shares of GE Vernova in the third quarter worth approximately $18,601,000. Finally, Nordea Investment Management AB lifted its holdings in shares of GE Vernova by 136.1% during the 3rd quarter. Nordea Investment Management AB now owns 561,213 shares of the company’s stock valued at $341,038,000 after buying an additional 323,481 shares during the period.

GE Vernova Stock Up 0.8%

GEV opened at $717.43 on Friday. GE Vernova Inc. has a 52-week low of $252.25 and a 52-week high of $731.00. The company has a market cap of $194.65 billion, a P/E ratio of 40.30, a price-to-earnings-growth ratio of 2.99 and a beta of 1.67. The firm’s 50-day moving average price is $649.23 and its 200-day moving average price is $621.11.

GE Vernova (NYSE:GEV) last issued its quarterly earnings results on Wednesday, January 28th. The company reported $13.39 earnings per share for the quarter, topping the consensus estimate of $2.99 by $10.40. The company had revenue of $10.96 billion for the quarter, compared to the consensus estimate of $10.21 billion. GE Vernova had a net margin of 12.83% and a return on equity of 46.91%. GE Vernova’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.73 EPS. On average, research analysts anticipate that GE Vernova Inc. will post 6.59 EPS for the current fiscal year.

GE Vernova Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 5th will be paid a dividend of $0.50 per share. This is an increase from GE Vernova’s previous quarterly dividend of $0.25. The ex-dividend date is Monday, January 5th. This represents a $2.00 annualized dividend and a yield of 0.3%. GE Vernova’s dividend payout ratio (DPR) is presently 32.57%.

Trending Headlines about GE Vernova

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

• Positive Sentiment: Q4 results beat revenue and EPS expectations; orders and backlog surged (backlog cited near $150B / orders up sharply), driving better revenue visibility and margin expansion. Read More.
• Positive Sentiment: Company raised 2026/2028 revenue targets (including planned GE Prolec close) and boosted free‑cash‑flow guidance, which supports multi‑year growth expectations. Read More.
• Positive Sentiment: Wall Street moved more bullish: Zacks upgraded GEV to a #2 (Buy) and several firms raised price targets (Citigroup, TD Cowen, China Renaissance), providing further buying pressure. Read More.
• Neutral Sentiment: The reported EPS beat included a large one‑time ~$2.9B tax benefit; underlying operational EPS would be closer to expectations, so the headline beat is partly nonrecurring. Read More.
• Neutral Sentiment: GEV now trades at a material premium to the market on forward multiples — the strong outlook is priced in, raising sensitivity to execution surprises. Read More.
• Negative Sentiment: Wind segment continues to generate sizable losses and management warned that efforts to halt offshore wind projects and regulatory issues could hurt operations, adding downside risk. Read More.
• Negative Sentiment: Despite raised guidance, some reports flagged that the stock slipped intraday as investors parsed tax‑benefit distortion and wind‑segment weakness — showing how quickly sentiment can reverse if execution falters. Read More.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on GEV shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of GE Vernova in a report on Thursday, January 22nd. Barclays raised their price objective on GE Vernova from $800.00 to $830.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. TD Cowen lifted their price objective on shares of GE Vernova from $680.00 to $780.00 and gave the stock a “buy” rating in a research note on Thursday. Wells Fargo & Company raised their price target on GE Vernova from $717.00 to $831.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 16th. Finally, Redburn Partners set a $475.00 target price on GE Vernova in a research note on Wednesday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, GE Vernova currently has a consensus rating of “Moderate Buy” and a consensus target price of $731.19.

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.