Infrastructure Capital Advisors LLC Has $4.22 Million Stock Holdings in GE Vernova Inc. $GEV

Infrastructure Capital Advisors LLC grew its stake in shares of GE Vernova Inc. (NYSE:GEV) by 616.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,591 shares of the company’s stock after purchasing an additional 3,090 shares during the period. Infrastructure Capital Advisors LLC’s holdings in GE Vernova were worth $4,219,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Maxi Investments CY Ltd purchased a new position in shares of GE Vernova in the second quarter worth approximately $1,997,000. Fogel Capital Management Inc. acquired a new stake in shares of GE Vernova during the second quarter valued at approximately $376,000. Cibc World Market Inc. lifted its position in shares of GE Vernova by 23.5% in the 2nd quarter. Cibc World Market Inc. now owns 126,827 shares of the company’s stock valued at $149,004,000 after acquiring an additional 24,138 shares in the last quarter. OMERS ADMINISTRATION Corp lifted its position in shares of GE Vernova by 180.6% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 54,730 shares of the company’s stock valued at $64,300,000 after acquiring an additional 35,223 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in GE Vernova by 1.0% in the 2nd quarter. Sanctuary Advisors LLC now owns 77,857 shares of the company’s stock worth $91,471,000 after purchasing an additional 751 shares during the period.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on GEV. Sanford C. Bernstein increased their target price on GE Vernova from $1,206.00 to $1,298.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. Mizuho upped their price target on GE Vernova from $913.00 to $949.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Weiss Ratings reissued a “buy (b)” rating on shares of GE Vernova in a research report on Tuesday, July 21st. Oppenheimer increased their price objective on GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. Finally, JPMorgan Chase & Co. raised their price objective on 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. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,133.15.

GE Vernova News Roundup

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

• Positive Sentiment: HVDC joint venture expands growth opportunity: GE Vernova and South Korea’s LS Electric plan to launch a joint venture targeting the high-voltage direct-current market. HVDC equipment is important for long-distance power transmission and grid expansion, potentially strengthening GEV’s exposure to data-center, renewable-energy and electrification projects. GE Vernova, Korea’s LS Electric to launch joint venture targeting HVDC market
• Positive Sentiment: UK grid contract supports backlog: GE Vernova was selected by Laing O’Rourke to supply a 400-kilovolt gas-insulated switchgear substation in England. The project is part of National Grid’s Great Grid Upgrade, providing another example of demand for GEV’s grid equipment. Financial terms were not disclosed, so the immediate earnings impact is uncertain. GE Vernova secures 400 kV substation contract for UK grid upgrade
• Positive Sentiment: AI power demand remains a bullish theme: Analysts highlighted GEV’s orders and backlog as evidence that the company could benefit from electricity demand tied to AI data centers, grid modernization and broader electrification. Is GE Vernova Emerging as a Key Beneficiary of the AI Power Boom?
• Neutral Sentiment: CFO succession announced: GE Vernova disclosed a transition involving Chief Financial Officer Kenneth Par… and a leadership-succession plan. An orderly handoff could limit disruption, but investors may monitor execution and any changes to financial guidance. GE Vernova Announces CFO Transition and Leadership Succession
• Negative Sentiment: Data-center backlash is a risk: Jim Cramer warned that political and community opposition to data-center electricity consumption could slow projects and soften GE Vernova’s order book, challenging part of the company’s AI-related growth narrative. Jim Cramer Says GE Vernova Order Book Might Have Gotten Soft

Insider Buying and Selling

In other GE Vernova news, CEO Victor Abate sold 4,819 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $948.08, for a total value of $4,568,797.52. Following 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.21% of the stock is owned by company insiders.

GE Vernova Trading Up 0.0%

Shares of NYSE:GEV opened at $953.44 on Friday. The firm has a fifty day moving average of $1,035.81 and a two-hundred day moving average of $974.80. The firm has a market capitalization of $253.93 billion, a P/E ratio of 27.29, a price-to-earnings-growth ratio of 3.42 and a beta of 1.21. GE Vernova Inc. has a 12-month low of $530.16 and a 12-month high of $1,195.94. 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 posted its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share 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 company had revenue of $11.10 billion during the quarter, compared to analyst estimates of $10.79 billion. During the same period last year, the company posted $1.86 earnings per share. The company’s revenue was up 21.9% compared to the same quarter last year. On average, equities analysts expect that GE Vernova Inc. will post 15.46 EPS for the current fiscal year.

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.