GE Vernova Inc. $GEV Holdings Lowered by Summit Place Financial Advisors LLC

Summit Place Financial Advisors LLC cut its stake in GE Vernova Inc. (NYSE:GEV) by 7.7% in the fourth quarter, HoldingsChannel reports. The fund owned 8,396 shares of the company’s stock after selling 704 shares during the period. GE Vernova accounts for approximately 2.7% of Summit Place Financial Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Summit Place Financial Advisors LLC’s holdings in GE Vernova were worth $5,487,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of GE Vernova by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 25,023,625 shares of the company’s stock worth $16,354,691,000 after acquiring an additional 208,162 shares during the period. State Street Corp increased its stake in shares of GE Vernova by 1.3% during the third quarter. State Street Corp now owns 11,238,278 shares of the company’s stock worth $6,910,417,000 after purchasing an additional 140,500 shares in the last quarter. Northern Trust Corp increased its stake in shares of GE Vernova by 1.8% during the third quarter. Northern Trust Corp now owns 2,877,458 shares of the company’s stock worth $1,769,349,000 after purchasing an additional 51,738 shares in the last quarter. Invesco Ltd. increased its stake in shares of GE Vernova by 7.1% during the third quarter. Invesco Ltd. now owns 2,375,738 shares of the company’s stock worth $1,460,841,000 after purchasing an additional 158,481 shares in the last quarter. Finally, Capital World Investors increased its stake in shares of GE Vernova by 1,907.5% during the third quarter. Capital World Investors now owns 2,156,197 shares of the company’s stock worth $1,325,842,000 after purchasing an additional 2,048,792 shares in the last quarter.

GE Vernova Stock Performance

GE Vernova stock opened at $1,084.60 on Friday. The firm has a 50 day simple moving average of $919.40 and a 200-day simple moving average of $744.21. GE Vernova Inc. has a 1-year low of $378.47 and a 1-year high of $1,181.95. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.89 and a quick ratio of 0.65. The stock has a market cap of $291.45 billion, a price-to-earnings ratio of 31.59, a price-to-earnings-growth ratio of 3.98 and a beta of 1.43.

GE Vernova (NYSE:GEV) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 earnings per share for the quarter, beating the consensus estimate of $1.95 by $15.49. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The business had revenue of $9.34 billion during the quarter, compared to analysts’ expectations of $9.19 billion. During the same quarter in the prior year, the company posted $0.91 EPS. The business’s revenue for the quarter was up 17.0% on a year-over-year basis. On average, analysts expect that GE Vernova Inc. will post 14.84 EPS 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 paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio is 5.83%.

Analysts Set New Price Targets

GEV has been the subject of a number of research reports. The Goldman Sachs Group reissued a “buy” rating and set a $1,328.00 target price on shares of GE Vernova in a research note on Friday, April 24th. Rothschild & Co Redburn raised shares of GE Vernova from a “sell” rating to a “buy” rating and boosted their target price for the stock from $560.00 to $1,100.00 in a research note on Monday, March 9th. Oppenheimer set a $1,303.00 target price on shares of GE Vernova in a research note on Thursday, April 23rd. Susquehanna set a $1,300.00 target price on GE Vernova in a report on Thursday, April 23rd. Finally, Jefferies Financial Group boosted their target price on GE Vernova from $965.00 to $1,350.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, GE Vernova presently has a consensus rating of “Moderate Buy” and an average price target of $1,090.76.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: Q1 beat and momentum — GEV has rallied to new highs after beating Q1 estimates and drawing heavy investor attention amid accelerating orders for turbines and grid equipment. GE Vernova (GEV) Rallies to a New High After Beating Estimates in Q1
• Positive Sentiment: AI-driven demand and market-cap milestone — Coverage notes that AI-driven hyperscaler demand for power has boosted turbine orders, helping GEV surpass GE Aerospace in market cap for the first time. That narrative supports stronger revenue visibility for power systems. Something Amazing That No One Predicted Just Happened in the Markets
• Positive Sentiment: Large international contract — GEV secured a major modernization deal with Egypt’s Middle Delta Electricity Production Company, highlighting growth in emerging markets and recurring service/upgrade revenues. GE Vernova Egypt Deal Highlights Growth Potential And Valuation Trade Off
• Positive Sentiment: Analyst bullishness — Erste Group raised its FY2027 EPS estimate materially to $24.02 (from $22.15) and maintains a “Strong-Buy” stance, implying analysts see higher earnings upside than consensus. (Company coverage note)
• Neutral Sentiment: Inclusion in investor lists and ETFs attention — GEV has been called out in multiple retail and thematic write-ups (top picks, energy lists, ETF discussions), which can boost flows but also increases volatility as retail and momentum traders rotate. Here is How Billionaire Philippe Laffont’s Top 5 Picks Crushed The Market
• Neutral Sentiment: Sector backdrop — Pieces on power infrastructure and electrification ETFs highlight broader industry tailwinds (more spending on grids/infrastructure), which help GEV but do not guarantee company-specific outperformance. VOLT Investors: Here’s the One Signal That Predicts Your Returns This Year
• Negative Sentiment: Analyst/technical cautions — Zacks Research downgraded GEV from “strong-buy” to “hold,” which may cause some short-term profit-taking or dampen new-buy conviction among certain funds. Zacks.com
• Negative Sentiment: Signal strength concerns — Coverage from Kalkine flags signal/technical concerns despite momentum, suggesting some indicators warn of near-term pullbacks or consolidation risk. GE Vernova (NYSE:GEV) Signal Strength but Raise Key Concerns Ahead

GE Vernova Company 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.