17,406 Shares in GE Vernova Inc. $GEV Acquired by Leo Wealth LLC

Leo Wealth LLC acquired a new position in GE Vernova Inc. (NYSE:GEV) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 17,406 shares of the company’s stock, valued at approximately $16,544,000. GE Vernova accounts for about 3.5% of Leo Wealth LLC’s portfolio, making the stock its 6th biggest position.

Several other institutional investors have also added to or reduced their stakes in the stock. Parvin Asset Management LLC bought a new position in GE Vernova during the second quarter worth $32,000. Pingora Partners LLC acquired a new position in GE Vernova in the second quarter valued at $36,000. Manning & Napier Advisors LLC lifted its holdings in GE Vernova by 68.4% in the first quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock valued at $26,000 after buying an additional 13 shares during the period. IMG Wealth Management Inc. acquired a new position in GE Vernova in the second quarter valued at $39,000. Finally, Miller Global Investments LLC lifted its holdings in GE Vernova by 63.6% in the second quarter. Miller Global Investments LLC now owns 36 shares of the company’s stock valued at $42,000 after buying an additional 14 shares during the period.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: GE Vernova secured an order to supply a gas turbine and generator for a 372-megawatt combined-cycle power plant in Côte d’Ivoire. The project expands the company’s presence in West Africa and supports its strategy of growing its Gas Power business in new markets. GE Vernova (GEV) Lands 372 MW Côte D’Ivoire Power Plant Order
• Positive Sentiment: Bank of America maintained its Buy rating and a $1,310 price target, signaling continued confidence in GE Vernova’s long-term exposure to grid investment, electrification, and rising electricity demand. BofA keeps Buy rating for GE Vernova stock at USD 1,310 target
• Positive Sentiment: Investors are watching demand for heavy-duty gas turbines and potential growth in high-margin service revenue. Strong third-quarter orders, full-year gigawatt bookings, or additional HA turbine-unit commitments could reinforce the bullish power-demand thesis. GE Vernova Reports Oct. 28
• Neutral Sentiment: GE Vernova is scheduled to report third-quarter results before the market opens on Wednesday, October 28. Guidance may have a greater effect on sentiment than the quarter’s results because expectations are already high. Energy Stock GE Vernova Eyes This Week’s Earnings Call
• Negative Sentiment: Analysts caution that GE Vernova’s valuation remains demanding even after a recent decline. Wind revenue and orders have weakened since 2024, while tariffs, higher interest rates, and possible industry earnings reductions could pressure results and investor expectations. GE Vernova: The Biggest Risk Is Not Demand

Analyst Upgrades and Downgrades

GEV has been the topic of a number of research analyst reports. Citigroup cut their price target on shares of GE Vernova from $1,219.00 to $1,125.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. Oppenheimer lifted their price objective on GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. BMO Capital Markets reissued an “outperform” rating and issued a $1,250.00 price objective (up from $1,110.00) on shares of GE Vernova in a research report on Friday, August 7th. TD Cowen boosted 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. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $1,185.00 price objective (up from $1,155.00) on shares of GE Vernova in a research note on Thursday, September 17th. 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,164.87.

GE Vernova Price Performance

GEV stock opened at $855.73 on Tuesday. The stock has a market capitalization of $227.91 billion, a PE ratio of 24.49, a price-to-earnings-growth ratio of 2.82 and a beta of 1.14. The company’s 50-day moving average is $949.47 and its 200-day moving average is $934.68. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62. GE Vernova Inc. has a 1 year low of $530.16 and a 1 year high of $1,195.94.

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 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, October 27th. GE Vernova’s payout ratio is presently 5.72%.

About GE Vernova

GE Vernova Inc (NYSE: GEV) is an energy technology company focused on helping generate, transmit, store and deliver electricity. The company serves utilities, power producers, grid operators, commercial and industrial customers, and other energy-sector participants worldwide.

Its business is organized around three primary areas: Power, Wind and Electrification. Power provides technologies and services for gas and steam power generation, hydropower, nuclear power and other energy systems.