Americana Partners LLC Buys 1,133 Shares of GE Vernova Inc. $GEV

Americana Partners LLC boosted its position in GE Vernova Inc. (NYSE:GEV) by 17.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,734 shares of the company’s stock after acquiring an additional 1,133 shares during the quarter. Americana Partners LLC’s holdings in GE Vernova were worth $7,351,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in GEV. Aprio Wealth Management LLC lifted its position in GE Vernova by 17.7% in the 3rd quarter. Aprio Wealth Management LLC now owns 1,500 shares of the company’s stock worth $1,426,000 after buying an additional 226 shares during the last quarter. Fusion Capital LLC grew its position in GE Vernova by 3.8% during the third quarter. Fusion Capital LLC now owns 459 shares of the company’s stock valued at $437,000 after acquiring an additional 17 shares during the last quarter. Left Brain Wealth Management LLC grew its position in GE Vernova by 3.3% during the third quarter. Left Brain Wealth Management LLC now owns 3,295 shares of the company’s stock valued at $3,132,000 after acquiring an additional 104 shares during the last quarter. Modera Wealth Management LLC lifted its stake in GE Vernova by 2.6% in the third quarter. Modera Wealth Management LLC now owns 2,339 shares of the company’s stock worth $2,223,000 after purchasing an additional 60 shares during the last quarter. Finally, Petros Family Wealth LLC boosted its position in GE Vernova by 9.1% during the third quarter. Petros Family Wealth LLC now owns 515 shares of the company’s stock valued at $490,000 after buying an additional 43 shares during the period.

GE Vernova Price Performance

GEV opened at $854.58 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.62 and a current ratio of 0.83. GE Vernova Inc. has a 52-week low of $530.16 and a 52-week high of $1,195.94. The stock has a market capitalization of $226.19 billion, a P/E ratio of 22.42, a P/E/G ratio of 3.03 and a beta of 1.14. The company’s 50-day simple moving average is $934.85 and its two-hundred day simple moving average is $940.34.

GE Vernova (NYSE:GEV) last released its earnings results on Wednesday, October 28th. The company reported $4.81 earnings per share for the quarter, beating the consensus estimate of $4.03 by $0.78. GE Vernova had a return on equity of 46.50% and a net margin of 23.54%. The company had revenue of $12.64 billion for the quarter, compared to the consensus estimate of $11.99 billion. During the same period in the previous year, the business earned $1.64 earnings per share. GE Vernova’s quarterly revenue was up 26.8% compared to the same quarter last year. As a group, analysts predict that GE Vernova Inc. will post 15.26 EPS for the current year.

GE Vernova Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio (DPR) is 5.25%.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova delivered a significant third-quarter beat, reporting $4.81 in EPS versus a $4.03 consensus estimate and $12.64 billion in revenue versus $11.99 billion expected. Revenue increased 26.8% year over year. GE Vernova Q3 Earnings Call Highlights Pricing and Grid Expansion
• Positive Sentiment: Backlog reached approximately $197 billion and orders reportedly nearly doubled, supporting management’s outlook for sustained demand. Gas-turbine buyers are reserving production capacity years in advance, while AI data-center demand is helping drive higher pricing. GE Vernova’s $197 Billion Backlog, $9 Billion Acquisition, and One Clear Strategy
• Positive Sentiment: The planned $9 billion acquisition of Trench Group would expand GE Vernova’s high-voltage grid-equipment manufacturing, increase vertical integration, and strengthen its presence in Europe and Asia as electricity demand grows. GE Vernova Agrees $9 Billion Grid Equipment Deal
• Positive Sentiment: HSBC upgraded GEV to Buy and raised its price target to $1,100 from $1,040, arguing that the wind business is largely derisked and past its worst period. Bernstein reaffirmed an Outperform rating, while Susquehanna maintained a $1,250 target. HSBC Upgrades GE Vernova
• Neutral Sentiment: Analyst sentiment remains broadly constructive but divided. JPMorgan lowered its target to $1,035 while retaining Overweight, and Citigroup cut its target to $1,000 with a Neutral rating. GLJ Research raised its target to $540 but kept a Sell rating, implying substantial downside. JPMorgan Analyst Action
• Negative Sentiment: The immediate pressure came from concerns that new order signings slowed relative to the very high backlog, raising questions about backlog conversion and execution. Investors appeared to want stronger evidence that reservations are becoming firm, near-term revenue. GE Vernova’s Reservations Are Turning Into Real Orders
• Negative Sentiment: The $9 billion Trench acquisition adds strategic growth potential but also introduces substantial capital-allocation, integration, and execution risks, particularly as some gas-turbine order momentum moderates. GE Vernova in $9 Billion Deal to Buy High-Voltage Manufacturer

Analyst Upgrades and Downgrades

GEV has been the topic of several analyst reports. Jefferies Financial Group reiterated a “buy” rating and issued a $1,100.00 price objective on shares of GE Vernova in a report on Thursday. The Goldman Sachs Group upgraded GE Vernova from a “buy” rating to a “market outperform” rating in a report on Monday, September 14th. TD Cowen reduced their price target on GE Vernova from $1,235.00 to $1,125.00 and set a “buy” rating on the stock in a research report on Thursday. Evercore reaffirmed an “outperform” rating and issued a $1,350.00 price target on shares of GE Vernova in a research note on Thursday, October 1st. Finally, Morgan Stanley cut GE Vernova from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $1,152.53.

GE Vernova 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.