Draper Asset Management LLC Sells 1,446 Shares of GE Vernova Inc. $GEV

Draper Asset Management LLC trimmed its position in GE Vernova Inc. (NYSE:GEV) by 29.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,470 shares of the company’s stock after selling 1,446 shares during the quarter. GE Vernova comprises approximately 2.1% of Draper Asset Management LLC’s holdings, making the stock its 12th biggest position. Draper Asset Management LLC’s holdings in GE Vernova were worth $4,076,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GEV. Auto Owners Insurance Co boosted its position in shares of GE Vernova by 110,973.4% in the fourth quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company’s stock worth $2,278,224,000 after purchasing an additional 34,826,773 shares during the period. BlackRock Inc. bought a new stake in shares of GE Vernova during the 2nd quarter valued at $25,569,630,000. State Street Corp lifted its stake in shares of GE Vernova by 2.1% during the 4th quarter. State Street Corp now owns 11,469,670 shares of the company’s stock valued at $7,496,232,000 after buying an additional 231,392 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of GE Vernova by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 6,249,193 shares of the company’s stock valued at $4,074,039,000 after buying an additional 68,894 shares in the last quarter. Finally, Morgan Stanley boosted its holdings in GE Vernova by 12.8% in the 4th quarter. Morgan Stanley now owns 6,054,474 shares of the company’s stock worth $3,957,024,000 after buying an additional 685,466 shares during the period.

GE Vernova Stock Performance

GEV opened at $922.25 on Thursday. The stock has a market capitalization of $245.62 billion, a price-to-earnings ratio of 26.40, a PEG ratio of 4.15 and a beta of 1.15. The company has a fifty day moving average of $1,021.80 and a 200 day moving average of $977.61. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. 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 (NYSE:GEV) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). The company had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.79 billion. GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The business’s revenue was up 21.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.86 earnings per share. As a group, sell-side analysts forecast that GE Vernova Inc. will post 15.46 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on GEV shares. JPMorgan Chase & Co. increased their price target on GE Vernova from $1,302.00 to $1,330.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Royal Bank Of Canada boosted their price objective on GE Vernova from $1,195.00 to $1,225.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. William Blair reaffirmed an “outperform” rating on shares of GE Vernova in a research note on Monday, August 3rd. Wall Street Zen cut GE Vernova from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Guggenheim lifted their target price 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. Two 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 stock. According to data from MarketBeat, GE Vernova currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,133.15.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova is positioned to benefit from surging electricity needs from AI data centers and hyperscaler expansion. Demand for heavy-duty gas turbines is supporting higher pricing and could strengthen the company’s Power segment outlook. Anthropic’s Real Constraint Is Electricity Gas Turbine Prices Are on Track to Nearly Triple
• Positive Sentiment: Recent commentary highlights GE Vernova’s expanding orders and backlog across grid equipment and power-generation products. A diversified portfolio may help offset weakness in wind, while long-term demand for grid modernization remains supportive. GEV Stock Rises 37.5% YTD I Wouldn’t Sell GE Vernova
• Positive Sentiment: Potential energy agreements in Venezuela involving GE Vernova could create additional equipment and services opportunities, although the projects remain subject to execution and geopolitical risks. Venezuela’s Energy Reopening Could Benefit Chevron and GE Vernova
• Neutral Sentiment: Analysts and valuation commentary present a mixed picture: market multiples may appear reasonable relative to growth prospects, but discounted-cash-flow analysis suggests the shares are near fair value after substantial gains. GE Vernova Stock Looks Near Fair Value
• Negative Sentiment: The key concern is whether GE Vernova can convert its large order book into sustainable margins. Investors are watching cost inflation, tariffs, supply-chain constraints and execution, particularly as expectations rise. GE Vernova Has the Orders But Can It Deliver the Margins
• Negative Sentiment: Wind remains a drag, with reports noting a sharp decline in the wind business. Erste Group also slightly reduced its FY2027 EPS forecast, reinforcing concerns that future earnings growth may not fully match the stock’s valuation. GE Vernova Analyst Estimate Update

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.