GE Vernova Inc. $GEV Shares Purchased by Granite Islands Private Wealth LLC

Granite Islands Private Wealth LLC grew its position in shares of GE Vernova Inc. (NYSE:GEV) by 1,079.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,241 shares of the company’s stock after purchasing an additional 2,051 shares during the quarter. Granite Islands Private Wealth LLC’s holdings in GE Vernova were worth $2,124,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of GEV. Riverbend Wealth Management LLC grew its position in GE Vernova by 1.8% in the third quarter. Riverbend Wealth Management LLC now owns 1,096 shares of the company’s stock worth $1,042,000 after buying an additional 19 shares during the last quarter. Activest Wealth Management increased its holdings in shares of GE Vernova by 6.0% in the third quarter. Activest Wealth Management now owns 421 shares of the company’s stock valued at $400,000 after buying an additional 24 shares in the last quarter. Guyasuta Investment Advisors Inc. lifted its position in shares of GE Vernova by 0.3% during the 3rd quarter. Guyasuta Investment Advisors Inc. now owns 3,760 shares of the company’s stock valued at $3,574,000 after acquiring an additional 12 shares during the last quarter. Whitener Capital Management Inc. acquired a new stake in shares of GE Vernova during the 3rd quarter valued at $236,000. Finally, V Square Quantitative Management LLC lifted its position in shares of GE Vernova by 3.3% during the 3rd quarter. V Square Quantitative Management LLC now owns 4,828 shares of the company’s stock valued at $4,589,000 after acquiring an additional 153 shares during the last quarter.

GE Vernova Price Performance

GEV opened at $928.88 on Friday. The stock has a fifty day moving average of $964.22 and a 200-day moving average of $1,001.66. The firm has a market capitalization of $247.39 billion, a P/E ratio of 26.59, a PEG ratio of 3.26 and a beta of 1.14. 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 issued its earnings results on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing the consensus estimate of $3.17 by ($0.70). The business had revenue of $11.10 billion during 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%. The business’s quarterly revenue was up 21.9% on a year-over-year basis. During the same period last year, the business earned $1.86 EPS. Equities analysts forecast that GE Vernova Inc. will post 15.04 EPS for the current fiscal year.

GE Vernova Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio is currently 5.72%.

Analysts Set New Price Targets

GEV has been the topic of a number of recent research reports. Oppenheimer lifted their target price on GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Guggenheim reaffirmed a “buy” rating and set a $1,450.00 target price on shares of GE Vernova in a report on Tuesday. Wall Street Zen downgraded GE Vernova from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. President Capital increased their price target on GE Vernova from $1,368.00 to $1,398.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, TD Cowen lifted their price target on GE Vernova from $1,220.00 to $1,235.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,164.87.

GE Vernova News Summary

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

• Positive Sentiment: Major Venture Global power agreement: GE Vernova and Baker Hughes will supply equipment for up to 16 gas-fired power units, each with 720 megawatts of capacity. The projects could support LNG facilities and future AI data centers, reinforcing GE Vernova’s position in behind-the-meter power infrastructure. The reported $17.2 billion headline value represents the maximum potential scope, not a firm commitment. Venture Global inks deals with GE Vernova, Baker Hughes for power expansion
• Positive Sentiment: Analyst support remains strong: Guggenheim assigned GE Vernova a Buy rating, while Susquehanna maintained a positive rating and lowered its price target modestly to $1,270. These targets imply substantial upside from recent trading levels. GE Vernova earns Buy rating from Guggenheim
• Positive Sentiment: Recent coverage highlights strong organic order growth, increased 2026 revenue and free-cash-flow guidance, and a reported backlog of approximately $176 billion. Gas-turbine services and electrification demand linked to AI data centers remain important parts of the bull case. Is GE Vernova undervalued after raising guidance and landing data center power deals?
• Neutral Sentiment: GE Vernova is being discussed as a potential stock-split candidate because of its high share price, but a split would not change the company’s underlying value or earnings prospects. GE Vernova emerges as a prime stock-split candidate
• Negative Sentiment: The recent pullback reflects broader weakness in AI-infrastructure stocks and renewed scrutiny of GE Vernova’s elevated valuation. Coverage has cited a high earnings multiple, making the shares more sensitive to any slowdown in orders, guidance or AI-related spending. GE Vernova builds $176 billion backlog but valuation raises questions

About GE Vernova

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.