GE Vernova Inc. $GEV Stock Position Boosted by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its holdings in GE Vernova Inc. (NYSE:GEV) by 745.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 50,000 shares of the company’s stock after purchasing an additional 44,087 shares during the quarter. International Assets Investment Management LLC’s holdings in GE Vernova were worth $47,524,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. BlackRock Inc. bought a new position in GE Vernova in the second quarter valued at approximately $25,569,630,000. Bank of America Corp DE acquired a new position in shares of GE Vernova in the second quarter valued at approximately $2,961,612,000. Bank of New York Mellon Corp acquired a new position in shares of GE Vernova in the second quarter valued at approximately $2,497,472,000. Jupiter Topco LLC bought a new stake in shares of GE Vernova during the second quarter worth $2,371,538,000. Finally, Janus Henderson Group PLC increased its position in shares of GE Vernova by 4,358.6% during the first quarter. Janus Henderson Group PLC now owns 1,519,799 shares of the company’s stock worth $1,316,076,000 after acquiring an additional 1,485,712 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on GEV. Susquehanna dropped their price objective on shares of GE Vernova from $1,270.00 to $1,250.00 and set a “positive” rating on the stock in a report on Thursday. Wall Street Zen lowered shares of GE Vernova from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Mizuho upped their price objective on GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Citigroup reduced their price objective on GE Vernova from $1,125.00 to $1,000.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, BNP Paribas Exane decreased their price objective on GE Vernova from $1,190.00 to $1,090.00 and set a “neutral” rating for the company in a report on Thursday, August 20th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,152.53.

Key Stories Impacting GE Vernova

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

GE Vernova Stock Performance

Shares of GEV stock opened at $854.58 on Friday. GE Vernova Inc. has a 12 month low of $530.16 and a 12 month high of $1,195.94. The company’s fifty day simple moving average is $934.85 and its 200-day simple moving average is $940.34. The firm has a market cap of $226.19 billion, a PE ratio of 22.42, a P/E/G ratio of 3.03 and a beta of 1.14. The company has a quick ratio of 0.62, a current ratio of 0.83 and a debt-to-equity ratio of 0.22.

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 analysts’ consensus estimates of $4.03 by $0.78. The business had revenue of $12.64 billion during the quarter, compared to the consensus estimate of $11.99 billion. GE Vernova had a net margin of 23.54% and a return on equity of 46.50%. The firm’s revenue for the quarter was up 26.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.64 earnings per share. Equities research analysts expect that GE Vernova Inc. will post 15.26 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Tuesday, October 27th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova’s payout ratio is 5.25%.

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.