GE Vernova Inc. $GEV Shares Sold by Summit Place Financial Advisors LLC

Summit Place Financial Advisors LLC lessened its stake in shares of GE Vernova Inc. (NYSE:GEV) by 8.3% in the third quarter, HoldingsChannel reports. The firm owned 7,032 shares of the company’s stock after selling 637 shares during the quarter. GE Vernova makes up approximately 2.9% of Summit Place Financial Advisors LLC’s holdings, making the stock its 6th biggest holding. Summit Place Financial Advisors LLC’s holdings in GE Vernova were worth $6,684,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Winter & Associates Inc. boosted its stake in shares of GE Vernova by 12.7% during the 3rd quarter. Winter & Associates Inc. now owns 266 shares of the company’s stock worth $237,000 after purchasing an additional 30 shares during the last quarter. Dixon Fnancial Services Inc. acquired a new position in shares of GE Vernova in the third quarter valued at approximately $341,000. Brucke Financial Inc. raised its position in shares of GE Vernova by 37.6% in the third quarter. Brucke Financial Inc. now owns 395 shares of the company’s stock valued at $375,000 after buying an additional 108 shares during the last quarter. Norris Perne & French LLP MI purchased a new position in shares of GE Vernova during the third quarter valued at approximately $559,000. Finally, Signaturefd LLC lifted its stake in shares of GE Vernova by 7.1% during the third quarter. Signaturefd LLC now owns 7,341 shares of the company’s stock valued at $6,977,000 after buying an additional 487 shares during the period.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: GE Vernova entered multiyear agreements with Venture Global and Baker Hughes covering up to 16 power-island units and transformer equipment. The systems are intended to provide behind-the-meter power for LNG facilities and planned AI data centers, supporting the company’s backlog and exposure to rising electricity demand. Why Is GE Vernova Tied To 16 Off Grid Power Units?
• Positive Sentiment: BMO Capital and Bank of America Securities reportedly maintained or issued Buy views on GEV, while several recent analyses highlighted long-term growth from grid modernization, electrification and expanding power demand. GE Vernova Gets a Buy from BMO Capital
• Neutral Sentiment: Investors are awaiting GE Vernova’s third-quarter 2026 results, with analysts focused on revenue, margins, orders and other operating metrics. The earnings report could clarify whether demand from data centers and broader power infrastructure is translating into profitable growth. Seeking Clues to GE Vernova Q3 Earnings
• Negative Sentiment: GEV fell sharply alongside Vertiv, Bloom Energy and Eaton after Meta’s larger AI spending outlook raised concerns about how data-center expansion will be financed. The move suggests investors are questioning the sustainability, timing and returns of AI infrastructure orders, even though long-term demand remains strong. GE Vernova Slumps as Meta Spending Outlook Stokes AI Financing Worries
• Negative Sentiment: Erste Group slightly reduced its 2027 EPS forecast to $24.36 from $24.55. The modest cut adds to execution concerns, particularly after GE Vernova’s prior quarterly EPS missed expectations despite stronger-than-expected revenue. GE Vernova Earnings Estimate Revision

GE Vernova Stock Performance

GE Vernova stock opened at $814.37 on Monday. The stock’s 50-day moving average is $947.07 and its 200-day moving average is $1,001.71. The company has a market cap of $216.89 billion, a price-to-earnings ratio of 23.31, a price-to-earnings-growth ratio of 2.82 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62. GE Vernova Inc. has a 12 month low of $530.16 and a 12 month high of $1,195.94.

GE Vernova Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s payout ratio is presently 5.72%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Jefferies Financial Group reissued a “buy” rating and issued a $1,185.00 price target (up from $1,155.00) on shares of GE Vernova in a research note on Thursday, September 17th. TD Cowen upped their price objective on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Citigroup dropped their price objective on shares of GE Vernova from $1,219.00 to $1,125.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Royal Bank Of Canada increased their price objective on shares of GE Vernova from $1,195.00 to $1,225.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Finally, William Blair reissued an “outperform” rating on shares of GE Vernova in a research report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, GE Vernova presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,164.87.

GE Vernova Company Profile

GE Vernova Inc (NYSE: GEV) is an energy technology company focused on helping generate, transmit, store and deliver electricity. The company serves utilities, power producers, grid operators, commercial and industrial customers, and other energy-sector participants worldwide.

Its business is organized around three primary areas: Power, Wind and Electrification. Power provides technologies and services for gas and steam power generation, hydropower, nuclear power and other energy systems.