Hennion & Walsh Asset Management Inc. Raises Stock Holdings in GE Vernova Inc. $GEV

Hennion & Walsh Asset Management Inc. raised its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 91.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,110 shares of the company’s stock after purchasing an additional 529 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in GE Vernova were worth $1,304,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Auto Owners Insurance Co grew its position in shares of GE Vernova by 110,973.4% during the fourth quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company’s stock worth $2,278,224,000 after buying an additional 34,826,773 shares in the last quarter. Norges Bank acquired a new stake in GE Vernova in the fourth quarter valued at $2,283,114,000. Northwestern Mutual Wealth Management Co. boosted its stake in GE Vernova by 5,171.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,452,858 shares of the company’s stock valued at $1,603,114,000 after acquiring an additional 2,406,326 shares during the last quarter. Corient Private Wealth LLC boosted its stake in GE Vernova by 2,802.8% during the 4th quarter. Corient Private Wealth LLC now owns 1,608,714 shares of the company’s stock valued at $1,051,407,000 after acquiring an additional 1,553,295 shares during the last quarter. Finally, Janus Henderson Group PLC grew its holdings in GE Vernova by 4,358.6% during the 1st quarter. Janus Henderson Group PLC now owns 1,519,799 shares of the company’s stock worth $1,316,076,000 after acquiring an additional 1,485,712 shares in the last quarter.

GE Vernova Price Performance

Shares of NYSE:GEV opened at $1,039.43 on Thursday. The company has a market cap of $276.83 billion, a PE ratio of 29.75, a P/E/G ratio of 3.61 and a beta of 1.21. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The firm has a 50-day simple moving average of $1,029.79 and a 200 day simple moving average of $954.26. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21.

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). GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The business had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.79 billion. During the same period in the prior year, the business earned $1.86 EPS. The business’s revenue was up 21.9% on a year-over-year basis. On average, sell-side analysts anticipate that GE Vernova Inc. will post 15.57 EPS for the current year.

GE Vernova Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th were issued a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio (DPR) is 5.72%.

Wall Street Analysts Forecast Growth

GEV has been the subject of several research analyst reports. JPMorgan Chase & Co. boosted their target price on shares of GE Vernova from $1,302.00 to $1,330.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. TD Cowen upped their price objective on GE Vernova from $1,220.00 to $1,235.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Royal Bank Of Canada increased their target price on GE Vernova from $1,195.00 to $1,225.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. The Goldman Sachs Group reiterated a “buy” rating and issued a $1,328.00 target price on shares of GE Vernova in a research report on Friday, April 24th. Finally, Robert W. Baird boosted their price target on GE Vernova from $1,008.00 to $1,400.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, GE Vernova currently has a consensus rating of “Moderate Buy” and an average target price of $1,133.15.

Insider Activity

In related news, CEO Victor Abate sold 4,819 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the completion of the transaction, the chief executive officer owned 1,835 shares in the company, valued at $1,739,726.80. The trade was a 72.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.21% of the company’s stock.

Trending Headlines about GE Vernova

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

• Positive Sentiment: AI data-center expansion is driving record demand for gas turbines, grid equipment and electrification products, positioning GE Vernova as a key supplier for power-constrained hyperscalers. AI Data Center Boom Drives Record Gas Turbine Orders
• Positive Sentiment: Second-quarter revenue grew roughly 22%, while the backlog reached a record $176 billion, including more than $45 billion expected to be recognized over the next 12 months. The backlog provides substantial forward visibility. GE Vernova’s AI Power Boom Faces a Profit Test
• Positive Sentiment: Analysts and bullish investors point to strong Power and Electrification growth, recurring higher-margin services, a robust balance sheet and potential Wind margin improvement. Management is targeting approximately $46 billion of 2026 revenue and a 13% EBITDA margin. Rising Guidance Every Quarter, 2028 Looks Bright
• Positive Sentiment: Erste Group raised its 2027 earnings-per-share forecast modestly to $24.73 from $24.64, reinforcing the view that earnings estimates remain on an upward trend. GE Vernova analyst estimates
• Neutral Sentiment: Recent commentary is broadly bullish on the business but more cautious on the stock after its strong performance. The shares trade near the upper end of their 12-month range, with investors requiring continued execution to justify further gains. Why I’m Bullish on the Business but Patient on the Stock
• Negative Sentiment: GE Vernova missed adjusted EPS expectations in the latest quarter. Wind-segment losses and tariff costs pressured profitability, raising questions about how quickly backlog growth will translate into margins and cash flow. GE Vernova’s AI Power Boom Faces a Profit Test
• Negative Sentiment: At a high earnings multiple, much of the AI and grid-modernization opportunity appears priced in. The key risk is that growth and margin expansion slow after the initial backlog-driven benefits. Hard to See Much Upside With Expectations This High

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.