GE Vernova Inc. $GEV Stock Holdings Increased by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. boosted its stake in shares of GE Vernova Inc. (NYSE:GEV) by 9.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 48,069 shares of the company’s stock after purchasing an additional 3,961 shares during the period. Rakuten Investment Management Inc.’s holdings in GE Vernova were worth $46,266,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. BlackRock Inc. purchased a new stake in shares of GE Vernova during the second quarter valued at $25,569,630,000. State Street Corp raised its stake in GE Vernova by 3.3% in the 2nd quarter. State Street Corp now owns 11,765,340 shares of the company’s stock worth $13,828,380,000 after acquiring an additional 370,842 shares during the last quarter. Bank of America Corp DE purchased a new position in GE Vernova in the 2nd quarter worth $2,961,612,000. Bank of New York Mellon Corp acquired a new stake in GE Vernova during the 2nd quarter worth about $2,497,472,000. Finally, Jupiter Topco LLC acquired a new stake in GE Vernova during the 2nd quarter worth about $2,371,538,000.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Bernstein reaffirmed its Buy rating, arguing that election-related fears about data-center development are overblown. That view helped lift sentiment across power and data-center infrastructure stocks. Article: GE Vernova Rallies as Bernstein Calls Data-Center Fears Overblown Bernstein also separately reaffirmed its Buy rating. Article: Bernstein Reaffirms Buy Rating
• Positive Sentiment: The longer-term investment case centers on rising electricity demand and the need to move power reliably to data centers and other users. GE Vernova’s planned $9 billion purchase of Trench Group would expand its grid-equipment presence, although the deal also represents a substantial commitment. Article: GE Vernova Is Paying $9 Billion for Trench Group
• Positive Sentiment: Recent results and guidance provide fundamental support: GE Vernova beat earnings and revenue expectations, while a separate report noted 96% organic order growth and raised 2026 guidance. BMO sees 39% potential upside after the shares’ recent decline. Article: BMO Sees Upside After Recent Decline
• Neutral Sentiment: Argus lowered its price target from $1,300 to $1,100 but maintained a Buy rating. The reduced target tempers the bullish signal, while the rating still indicates expected upside. Article: Argus Ratings
• Negative Sentiment: Not all commentary is bullish: one analysis sees as much as 19% downside. The stock’s recent pullback and concerns around the cost and execution of the Trench acquisition remain risks for investors. Article: GE Vernova Could See Downside

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Vernova in a research note on Monday, October 19th. Wall Street Zen lowered GE Vernova from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Mizuho increased their price target on shares of GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. TD Cowen decreased their price objective on shares of GE Vernova from $1,235.00 to $1,125.00 and set a “buy” rating for the company in a research note on Thursday, October 29th. Finally, William Blair restated an “outperform” rating on shares of GE Vernova in a research note on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,144.20.

GE Vernova Trading Up 6.4%

Shares of NYSE:GEV opened at $917.60 on Wednesday. The company has a current ratio of 0.83, a quick ratio of 0.62 and a debt-to-equity ratio of 0.22. GE Vernova Inc. has a 12-month low of $530.16 and a 12-month high of $1,195.94. The business has a 50 day moving average of $932.44 and a two-hundred day moving average of $942.76. The company has a market capitalization of $242.87 billion, a PE ratio of 24.08, a PEG ratio of 2.92 and a beta of 1.25.

GE Vernova (NYSE:GEV) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 EPS for the quarter, topping analysts’ consensus estimates of $4.03 by $0.78. GE Vernova had a net margin of 23.54% and a return on equity of 46.50%. The business had revenue of $12.64 billion for the quarter, compared to analysts’ expectations of $11.99 billion. During the same quarter last year, the company earned $1.64 EPS. The business’s revenue was up 26.8% on a year-over-year basis. As a group, analysts forecast that GE Vernova Inc. will post 16.05 EPS for the current year.

GE Vernova Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date is Tuesday, October 27th. GE Vernova’s dividend payout ratio (DPR) is currently 5.25%.

GE Vernova Profile

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.