EP Wealth Advisors LLC Boosts Stock Position in GE Vernova Inc. $GEV

EP Wealth Advisors LLC boosted its position in GE Vernova Inc. (NYSE:GEV) by 28.6% in the second quarter, HoldingsChannel.com reports. The firm owned 14,743 shares of the company’s stock after acquiring an additional 3,277 shares during the period. EP Wealth Advisors LLC’s holdings in GE Vernova were worth $17,321,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of GEV. Cornerstone Financial Management LLC purchased a new position in shares of GE Vernova in the 4th quarter worth approximately $25,000. Wealth Watch Advisors INC bought a new position in shares of GE Vernova during the 3rd quarter worth approximately $25,000. Torren Management LLC purchased a new stake in GE Vernova during the fourth quarter valued at approximately $26,000. Manning & Napier Advisors LLC lifted its position in GE Vernova by 68.4% during the first quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock valued at $26,000 after acquiring an additional 13 shares during the last quarter. Finally, Navalign LLC acquired a new stake in GE Vernova in the fourth quarter valued at approximately $27,000.

Analyst Ratings Changes

Several research firms have issued reports on GEV. Jefferies Financial Group reaffirmed a “buy” rating on shares of GE Vernova in a report on Monday, July 27th. TD Cowen increased their price objective on GE Vernova from $1,220.00 to $1,235.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of GE Vernova in a research report on Tuesday, July 21st. Guggenheim raised their price objective on GE Vernova from $1,300.00 to $1,450.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Finally, Mizuho boosted their target price on GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,133.15.

Insider Buying and Selling

In related news, CEO Victor Abate sold 4,819 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the sale, the chief executive officer directly owned 1,835 shares of the company’s stock, valued at $1,739,726.80. This trade represents a 72.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.21% of the stock is currently owned by company insiders.

Key GE Vernova News

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

• Positive Sentiment: GE Vernova and South Korea’s LS Electric plan to launch a joint venture focused on the high-voltage direct current (HVDC) market. The partnership could expand GEV’s exposure to long-distance power transmission and grid infrastructure projects, which are expected to benefit from rising electricity demand. GE Vernova, Korea’s LS Electric to launch joint venture targeting HVDC market
• Positive Sentiment: Analysts and market commentary continue to identify GE Vernova as a potential major beneficiary of the AI power boom. Its growing orders and backlog in gas turbines, grid equipment and electrification products position the company to supply power for data centers and broader grid upgrades. Is GE Vernova Emerging as a Key Beneficiary of the AI Power Boom?
• Positive Sentiment: GE Vernova may offer near-term solutions to data centers facing long waits for gas turbines, with demand reportedly booked out through 2031. This reinforces the company’s strategic importance as data-center operators seek reliable power capacity. GE Vernova Offers Quick Solution To AI’s Power Turbine Quandary
• Neutral Sentiment: GE Vernova and American Electric Power are both positioned to benefit from increased electricity demand, AI data centers and U.S. grid expansion, although the comparison does not establish a clear near-term advantage for GEV. GE Vernova vs. American Electric Power: Which Power Stock Has the Edge?
• Negative Sentiment: Jim Cramer warned that political and community backlash over data-center electricity consumption could slow hyperscaler projects and soften GE Vernova’s order book. Any reduction in new data-center commitments would pose a risk to the company’s growth outlook. Jim Cramer Says GE Vernova Order Book Might Have Gotten Soft

GE Vernova Price Performance

Shares of GEV opened at $955.61 on Thursday. The business’s 50-day moving average is $1,038.97 and its two-hundred day moving average is $973.57. The company has a market capitalization of $254.51 billion, a P/E ratio of 27.35, a P/E/G ratio of 3.33 and a beta of 1.21. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94.

GE Vernova (NYSE:GEV) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). The company had revenue of $11.10 billion for the quarter, compared to analysts’ expectations of $10.79 billion. GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The business’s quarterly revenue was up 21.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.86 EPS. Research analysts predict that GE Vernova Inc. will post 15.46 earnings per share for the current year.

About GE Vernova

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.