TD Waterhouse Canada Inc. Boosts Stake in GE Vernova Inc. $GEV

TD Waterhouse Canada Inc. grew its position in shares of GE Vernova Inc. (NYSE:GEV) by 3.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 165,072 shares of the company’s stock after buying an additional 5,008 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in GE Vernova were worth $187,238,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. B. Metzler seel. Sohn & Co. AG grew its position in GE Vernova by 37.7% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 23,080 shares of the company’s stock valued at $27,116,000 after buying an additional 6,313 shares during the period. World Investment Advisors raised its position in GE Vernova by 19.9% in the fourth quarter. World Investment Advisors now owns 13,497 shares of the company’s stock worth $8,821,000 after acquiring an additional 2,241 shares during the period. RiverFront Investment Group LLC raised its position in GE Vernova by 239.2% in the fourth quarter. RiverFront Investment Group LLC now owns 2,191 shares of the company’s stock worth $1,432,000 after acquiring an additional 1,545 shares during the period. Citizens Financial Group Inc. RI purchased a new position in GE Vernova in the second quarter valued at about $8,337,000. Finally, Sapient Capital LLC boosted its stake in GE Vernova by 31.4% in the second quarter. Sapient Capital LLC now owns 76,038 shares of the company’s stock valued at $89,372,000 after acquiring an additional 18,188 shares during the last quarter.

More GE Vernova News

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

• Positive Sentiment: Venezuela grid-repair agreement: GE Vernova reportedly reached a deal to help restore Venezuela’s deteriorating power grid. The agreement could create additional equipment and services revenue while expanding the company’s presence in a potentially significant infrastructure market. GE Vernova jumps on deal to help repair Venezuela’s dilapidated grid
• Positive Sentiment: Swedish nuclear opportunity: GE Vernova Hitachi, Studsvik and Samsung C&T are working to advance a Swedish nuclear power project. Progress on the project supports the company’s nuclear-growth strategy and reinforces its role in the expanding nuclear supply chain. Studsvik, GE Vernova Hitachi, Samsung C&T to advance Swedish nuclear power project
• Positive Sentiment: AI-driven power demand: Analysts and industry coverage continue to identify GE Vernova as a beneficiary of surging electricity needs from hyperscale data centers. Rising demand for gas turbines and other power-generation equipment could support backlog growth, pricing and long-term revenue expansion. Gas Turbine Prices Are on Track to Nearly Triple
• Positive Sentiment: Strong strategic outlook: Recent commentary highlights GE Vernova’s expanding orders and potential to become substantially larger and more profitable over the next decade, helping sustain investor enthusiasm. Where Will GE Vernova Be in 10 Years?
• Neutral Sentiment: Market-performance coverage: GE Vernova has significantly outperformed the broader market year to date as grid investment and electricity demand strengthen its backlog. However, the shares trade at a premium valuation, increasing sensitivity to execution and earnings updates. GE Vernova Laps the Stock Market
• Negative Sentiment: Lower earnings expectations: Erste Group Bank reduced its fiscal 2027 EPS forecast, signaling that analysts see potential pressure on future profitability. GE Vernova FY2027 EPS Forecast Decreased by Erste Group Bank
• Negative Sentiment: Margin and execution risks: Despite a large order book, investors remain focused on whether GE Vernova can convert demand into sustainable margins. Tariffs, supply-chain constraints and the premium share price could limit further gains if profitability disappoints. GE Vernova Has The Orders But Can It Deliver The Margins

Analyst Ratings Changes

GEV has been the subject of several research reports. Wall Street Zen lowered GE Vernova from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Mizuho upped their price target on GE Vernova from $913.00 to $949.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Jefferies Financial Group reaffirmed a “buy” rating on shares of GE Vernova in a research report on Monday, July 27th. Oppenheimer increased their price target on GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. Finally, BMO Capital Markets reissued an “outperform” rating on shares of GE Vernova in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,133.15.

GE Vernova Price Performance

NYSE:GEV opened at $940.58 on Friday. GE Vernova Inc. has a 52-week low of $530.16 and a 52-week high of $1,195.94. The stock has a fifty day moving average of $1,018.96 and a 200 day moving average of $978.58. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85. The firm has a market capitalization of $250.50 billion, a price-to-earnings ratio of 26.92, a P/E/G ratio of 4.26 and a beta of 1.15.

GE Vernova (NYSE:GEV) last announced its earnings results 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 business had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.GE Vernova’s revenue was up 21.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.86 earnings per share. On average, research analysts expect that GE Vernova Inc. will post 15.46 EPS for the current fiscal 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.