GE Vernova Inc. $GEV Stock Purchased by Cullinan Associates Inc.

Cullinan Associates Inc. boosted its stake in shares of GE Vernova Inc. (NYSE:GEV) by 67.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,008 shares of the company’s stock after purchasing an additional 808 shares during the quarter. Cullinan Associates Inc.’s holdings in GE Vernova were worth $1,909,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of GE Vernova in the 2nd quarter valued at about $25,569,630,000. State Street Corp grew its position in shares of GE Vernova by 3.3% during the second quarter. State Street Corp now owns 11,765,340 shares of the company’s stock worth $13,828,380,000 after buying an additional 370,842 shares in the last quarter. Bank of America Corp DE increased its stake in shares of GE Vernova by 20.1% during the first quarter. Bank of America Corp DE now owns 2,598,178 shares of the company’s stock worth $2,267,949,000 after buying an additional 435,405 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of GE Vernova during the second quarter worth approximately $2,497,472,000. Finally, Jupiter Topco LLC purchased a new stake in shares of GE Vernova during the second quarter worth approximately $2,371,538,000.

Analyst Ratings Changes

GEV has been the topic of several analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and issued a $1,200.00 target price on shares of GE Vernova in a report on Thursday, October 29th. The Goldman Sachs Group upgraded shares of GE Vernova from a “buy” rating to a “market outperform” rating in a report on Monday, September 14th. William Blair reissued an “outperform” rating on shares of GE Vernova in a research report on Monday, August 3rd. Guggenheim dropped their price objective on shares of GE Vernova from $1,450.00 to $1,400.00 and set a “buy” rating on the stock in a research report on Monday, November 2nd. Finally, TD Cowen reduced their price objective on shares of GE Vernova from $1,235.00 to $1,125.00 and set a “buy” rating on the stock in a report on Thursday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, GE Vernova has an average rating of “Moderate Buy” and an average price target of $1,144.20.

GE Vernova Stock Up 0.5%

Shares of NYSE GEV opened at $774.74 on Friday. The company has a market capitalization of $205.06 billion, a price-to-earnings ratio of 20.33, a price-to-earnings-growth ratio of 2.52 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. The business has a 50-day moving average of $923.33 and a two-hundred day moving average of $944.61. GE Vernova Inc. has a 1 year low of $530.16 and a 1 year high of $1,195.94.

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

GE Vernova Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 annualized dividend and a yield of 0.3%. GE Vernova’s payout ratio is presently 5.25%.

Key GE Vernova News

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

• Positive Sentiment: GE Vernova’s backlog and order growth, along with three increases to its 2026 guidance, support the longer-term earnings outlook. The article also points to gas turbines as a potential source of future high-margin service revenue. Article: GE Vernova Is Up 18% in 2026 After Three Guidance Raises
• Positive Sentiment: Some investors view the stock’s decline as a potential buying opportunity, arguing that GE Vernova supplies power equipment Nvidia and other technology companies need, while the company continues to add orders. Article: GE Vernova Has Something Nvidia Needs Under a Democratic Congress
• Neutral Sentiment: Analyst views are mixed: one report noted an Argus Research Buy rating, while other recent coverage highlighted a downgrade and a pessimistic price outlook. This leaves uncertainty about whether the selloff has made GEV an attractive value. Article: GE Vernova Receives a Buy from Argus Research
• Negative Sentiment: A reported analyst downgrade contributed to a sharp decline in the shares, adding pressure to a stock already hit by a broader selloff in data-center-related names. Article: GE Vernova Shares Down 9.4% on Analyst Downgrade
• Negative Sentiment: Newly elected Democratic officials in Texas have pledged to pause approvals for large AI data-center projects, and proposals elsewhere could bring tighter energy, zoning, and environmental reviews. If projects are delayed, demand for the power generation and grid equipment GE Vernova sells could be affected. Article: GE Vernova Sees New Risks From AI Data Center Permitting Pause

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.