Chapin Davis Inc. Sells 902 Shares of GE Vernova Inc. $GEV

Chapin Davis Inc. lowered its stake in shares of GE Vernova Inc. (NYSE:GEV) by 47.9% during the second quarter, Holdings Channel reports. The fund owned 981 shares of the company’s stock after selling 902 shares during the period. Chapin Davis Inc.’s holdings in GE Vernova were worth $1,153,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. B. Metzler seel. Sohn & Co. AG grew its holdings in GE Vernova by 37.7% during the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 23,080 shares of the company’s stock worth $27,116,000 after acquiring an additional 6,313 shares during the period. World Investment Advisors raised its position in shares of GE Vernova by 19.9% during the 4th quarter. World Investment Advisors now owns 13,497 shares of the company’s stock valued at $8,821,000 after acquiring an additional 2,241 shares during the last quarter. RiverFront Investment Group LLC lifted its stake in shares of GE Vernova by 239.2% in the 4th quarter. RiverFront Investment Group LLC now owns 2,191 shares of the company’s stock valued at $1,432,000 after purchasing an additional 1,545 shares during the period. Citizens Financial Group Inc. RI acquired a new position in shares of GE Vernova in the 2nd quarter valued at $8,337,000. Finally, Morse Asset Management Inc boosted its position in shares of GE Vernova by 25.8% in the 4th quarter. Morse Asset Management Inc now owns 4,645 shares of the company’s stock worth $3,036,000 after purchasing an additional 952 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on GEV shares. Morgan Stanley downgraded GE Vernova from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. Weiss Ratings restated a “buy (b)” rating on shares of GE Vernova in a report on Tuesday, July 21st. Oppenheimer boosted their target price 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. Guggenheim upped their price target on GE Vernova from $1,300.00 to $1,450.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of GE Vernova in a research report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, GE Vernova currently has a consensus rating of “Moderate Buy” and an average target price of $1,133.15.

GE Vernova Price Performance

Shares of GEV stock opened at $912.32 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. GE Vernova Inc. has a 12-month low of $530.16 and a 12-month high of $1,195.94. The firm has a fifty day moving average of $1,031.82 and a 200-day moving average of $975.58. The firm has a market capitalization of $242.98 billion, a price-to-earnings ratio of 26.11, a price-to-earnings-growth ratio of 3.28 and a beta of 1.21.

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

GE Vernova News Roundup

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

• Positive Sentiment: HVDC joint venture expands growth prospects: GE Vernova announced a partnership with South Korea’s LS Electric to pursue voltage-source-converter HVDC projects. The venture could strengthen GEV’s position in a fast-growing market driven by grid modernization, renewable-power integration and rising electricity demand. GE Vernova’s New JV Could Unlock its Next Big Growth Engine
• Positive Sentiment: New U.K. grid contract adds backlog: GE Vernova was selected to supply a 400-kilovolt gas-insulated switchgear substation in Chesterfield, England, as part of National Grid’s Great Grid Upgrade. The award reinforces demand for GEV’s transmission equipment and exposure to long-term grid investment. GE Vernova secures 400 kV substation contract for UK grid upgrade
• Positive Sentiment: Demand outlook remains constructive: Recent coverage argues that GE Vernova’s businesses may be sold out through 2030, while AI-related data-center electricity demand and broader power shortages could support future orders. These themes bolster the long-term growth case, although they are largely forward-looking. GE Vernova: Sold Out Through 2030 Can AI Power Demand Drive Growth?
• Neutral Sentiment: Positive media commentary offers limited direct support: Jim Cramer continues to view GEV favorably because of its nuclear exposure and delivery visibility, but the commentary does not represent a change in earnings guidance or fundamentals. GE Vernova Isn’t A Great Short, Jim Cramer Said
• Negative Sentiment: CFO succession creates near-term uncertainty: GE Vernova’s announcement of a CFO transition may prompt investors to seek clarity on financial controls, capital allocation and execution. The move also coincided with Rivian’s CFO departing to join GEV, highlighting the leadership change but not necessarily signaling an operational problem. GE Vernova Announces CFO Transition and Leadership Succession

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.