GE Vernova Inc. $GEV Stock: Western Financial Corp CA Reduces Stake

Western Financial Corp CA decreased its position in shares of GE Vernova Inc. (NYSE:GEV) by 96.3% in the third quarter, Holdings Channel reports. The fund owned 258 shares of the company’s stock after selling 6,736 shares during the period. Western Financial Corp CA’s holdings in GE Vernova were worth $245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of GEV. B. Metzler seel. Sohn & Co. AG increased its position in GE Vernova by 37.7% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 23,080 shares of the company’s stock worth $27,116,000 after buying an additional 6,313 shares during the period. Citizens Financial Group Inc. RI acquired a new position in shares of GE Vernova during the second quarter worth approximately $8,337,000. Sapient Capital LLC boosted its position in shares of GE Vernova by 31.4% in the second quarter. Sapient Capital LLC now owns 76,038 shares of the company’s stock valued at $89,372,000 after acquiring an additional 18,188 shares during the period. Processus Wealth & Capital Management LLC bought a new stake in shares of GE Vernova in the second quarter valued at approximately $2,699,000. Finally, Field & Main Bank bought a new stake in shares of GE Vernova in the second quarter valued at approximately $3,018,000.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on GEV. Susquehanna lowered their price objective on shares of GE Vernova from $1,300.00 to $1,270.00 and set a “positive” rating on the stock in a research note on Wednesday. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Vernova in a research note on Tuesday, July 21st. President Capital upped their target price on shares of GE Vernova from $1,368.00 to $1,398.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Oppenheimer increased their price target on shares of GE Vernova from $1,303.00 to $1,338.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. Finally, TD Cowen raised their price target on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, GE Vernova currently has an average rating of “Moderate Buy” and a consensus price target of $1,164.87.

GE Vernova Stock Performance

GE Vernova stock traded down $64.21 during trading hours on Wednesday, hitting $939.83. The stock had a trading volume of 3,490,274 shares, compared to its average volume of 2,633,226. The company has a 50-day moving average of $965.61 and a two-hundred day moving average of $1,001.12. 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 Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The company has a market cap of $250.31 billion, a PE ratio of 26.90, a price-to-earnings-growth ratio of 3.45 and a beta of 1.14.

GE Vernova (NYSE:GEV) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing the consensus estimate of $3.17 by ($0.70). The firm had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%. GE Vernova’s revenue for the quarter was up 21.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.86 EPS. On average, equities research analysts anticipate that GE Vernova Inc. will post 15.04 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, October 27th. GE Vernova’s dividend payout ratio (DPR) is 5.72%.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova’s backlog has reached approximately $176 billion, supported by 88% organic order growth in the second quarter. Strong free cash flow and high-margin gas-turbine services revenue could benefit results as electricity demand from AI data centers rises. Got $5,000? 2 Stocks Supplying the AI Data Center Power Crunch
• Positive Sentiment: Susquehanna maintained a positive rating while trimming its price target modestly to $1,270, implying substantial upside from recent trading levels. Guggenheim also reaffirmed its buy rating with a $1,450 target, reinforcing favorable analyst sentiment.
• Positive Sentiment: The company is scheduled to report third-quarter 2026 financial results on October 28, providing a near-term catalyst for investors to assess order momentum, cash generation and execution. GE Vernova to announce third quarter 2026 financial results on October 28
• Neutral Sentiment: Citi maintained its hold rating, suggesting analysts remain constructive on the business but are cautious about the stock’s valuation and expectations.
• Neutral Sentiment: Speculation about a potential stock split highlights GE Vernova’s strong share-price appreciation, but a split would not change the company’s underlying value or fundamentals. Stock-Split Watch: Is GE Vernova Next?
• Negative Sentiment: GE Vernova shares have fallen from their year-to-date high into bear-market territory, signaling profit-taking and weakening momentum after a substantial earlier rally. GE Vernova stock has suffered a big pullback
• Negative Sentiment: The latest session saw GE Vernova underperform the broader market. Investors are questioning whether the backlog and AI-power opportunity can justify the stock’s elevated earnings multiple, cited by one report at roughly 66 times earnings. GE Vernova Registers a Bigger Fall Than the Market

GE Vernova Profile

GE Vernova Inc (NYSE: GEV) is an energy technology company formed through the separation of General Electric’s energy businesses in April 2024. The company is focused on helping generate, transmit, distribute and store electricity as power systems adapt to rising demand and the transition toward lower-carbon energy sources.

GE Vernova operates across three principal business areas: Power, Wind and Electrification. Its products and services include gas and steam power generation equipment, nuclear and hydropower technologies, onshore and offshore wind turbines, wind services, grid equipment, electrification systems, energy storage solutions and software used to monitor and manage energy infrastructure.

The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world.