Danske Bank A S Boosts Stake in GE Vernova Inc. $GEV

Danske Bank A S raised its position in GE Vernova Inc. (NYSE:GEV) by 5.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 156,236 shares of the company’s stock after purchasing an additional 8,086 shares during the period. Danske Bank A S’s holdings in GE Vernova were worth $102,111,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Synergy Asset Management LLC grew its position in shares of GE Vernova by 300.0% in the third quarter. Synergy Asset Management LLC now owns 1,884 shares of the company’s stock valued at $1,078,000 after purchasing an additional 1,413 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in shares of GE Vernova by 25.3% in the third quarter. J.W. Cole Advisors Inc. now owns 16,247 shares of the company’s stock valued at $9,990,000 after purchasing an additional 3,278 shares in the last quarter. Kercheville Advisors LLC grew its position in shares of GE Vernova by 238.3% in the third quarter. Kercheville Advisors LLC now owns 4,905 shares of the company’s stock valued at $3,016,000 after purchasing an additional 3,455 shares in the last quarter. Rakuten Investment Management Inc. purchased a new stake in shares of GE Vernova in the third quarter valued at approximately $18,601,000. Finally, US Bancorp DE grew its position in shares of GE Vernova by 2.2% in the third quarter. US Bancorp DE now owns 100,542 shares of the company’s stock valued at $61,824,000 after purchasing an additional 2,163 shares in the last quarter.

Trending Headlines about GE Vernova

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

• Positive Sentiment: Argus raised its price target sharply to $1,300 and reiterated a Buy rating, citing electrification and decarbonization tailwinds that support higher valuation for GEV. Argus Backs GE Vernova (GEV) on Electrification and Decarbonization Trends
• Positive Sentiment: Erste Group raised its FY2027 EPS estimate to $24.02 (from $22.15) and maintains a Strong-Buy view, boosting fundamental expectations for future profits. MarketBeat – Erste Group raises EPS estimate for GE Vernova
• Positive Sentiment: GE Vernova won a major contract to modernize power plants in Egypt (Bahna and Nubaria), extending its grid and generation footprint in MENA and adding near‑term backlog and revenue visibility. GE Vernova Egypt Deal Highlights Growth Potential And Valuation Trade Off
• Positive Sentiment: Market narrative: AI-driven demand for large gas turbines helped GEV surpass GE Aerospace in market cap for the first time, underscoring investor enthusiasm around industrial AI tailwinds and order momentum. Something Amazing That No One Predicted Just Happened in the Markets (Yes, AI Is at the Center of It)
• Neutral Sentiment: Two technical/momentum notes flag both strength and caution: Kalkine published a momentum update tying GEV to energy-sector/S&P dynamics and a follow-up noting signal strength but raising concerns ahead — useful for timing/volatility but not standalone fundamentals. GE Vernova Momentum Update (NYSE:GEV) On Energy Sector S&P 500 Index GE Vernova (NYSE:GEV) Signal Strength but Raise Key Concerns Ahead
• Neutral Sentiment: Zacks’ sector/ETF coverage mentioned GE Vernova when discussing the iShares U.S. Power Infrastructure ETF (POWR) — context for investors tracking thematic ETFs but indirect for GEV-specific drivers. Should You Invest in the iShares U.S. Power Infrastructure ETF (POWR)?
• Negative Sentiment: Zacks Research downgraded GEV from “strong-buy” to “hold,” which could pressure short-term sentiment despite the strong earnings and order backdrop. Zacks.com – downgrade note

Wall Street Analyst Weigh In

GEV has been the subject of a number of analyst reports. Robert W. Baird upped their price target on GE Vernova from $1,008.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Mizuho set a $714.00 price target on GE Vernova in a research report on Tuesday, February 3rd. JPMorgan Chase & Co. upped their price target on GE Vernova from $1,000.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Glj Research upped their price target on GE Vernova from $758.00 to $1,087.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $1,328.00 price target on shares of GE Vernova in a research report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,090.76.

GE Vernova Trading Up 2.0%

GEV opened at $1,084.60 on Friday. GE Vernova Inc. has a 52 week low of $378.47 and a 52 week high of $1,181.95. The business has a fifty day simple moving average of $919.40 and a 200-day simple moving average of $744.21. The firm has a market cap of $291.45 billion, a P/E ratio of 31.59, a P/E/G ratio of 3.98 and a beta of 1.43. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.19.

GE Vernova (NYSE:GEV) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, topping the consensus estimate of $1.95 by $15.49. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The business had revenue of $9.34 billion during the quarter, compared to analyst estimates of $9.19 billion. During the same period last year, the business posted $0.91 earnings per share. The company’s quarterly revenue was up 17.0% on a year-over-year basis. On average, equities analysts expect that GE Vernova Inc. will post 14.84 earnings per share for the current year.

GE Vernova Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 17th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, March 17th. GE Vernova’s dividend payout ratio (DPR) is currently 5.83%.

GE Vernova Profile

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.