1,200 GE Vernova Inc. $GEV Shares Bought by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its GE Vernova stake by 1.5%, purchasing 1,200 additional shares to hold 79,492 shares valued at approximately $75.6 million.
• GE Vernova reported quarterly revenue of $11.1 billion, up 21.9% year over year, but its $2.47 earnings per share missed analysts’ $3.17 estimate. The company declared a $0.50 quarterly dividend, equal to a 0.2% annual yield.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $1,171.87, though some analysts cite the stock’s premium valuation, supply constraints and execution risks as potential challenges.

Mn Services Vermogensbeheer B.V. increased its holdings in GE Vernova Inc. (NYSE:GEV - Free Report) by 1.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 79,492 shares of the company's stock after buying an additional 1,200 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in GE Vernova were worth $75,556,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in GEV. Onyx Bridge Wealth Group LLC increased its stake in GE Vernova by 1.3% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 727 shares of the company's stock worth $635,000 after buying an additional 9 shares in the last quarter. Red Door Wealth Management LLC grew its stake in shares of GE Vernova by 0.6% in the 1st quarter. Red Door Wealth Management LLC now owns 1,774 shares of the company's stock worth $1,548,000 after buying an additional 10 shares in the last quarter. Advance Capital Management Inc. increased its stake in GE Vernova by 2.2% during the first quarter. Advance Capital Management Inc. now owns 461 shares of the company's stock worth $402,000 after acquiring an additional 10 shares during the last quarter. Alpha Financial Partners LLC increased its position in shares of GE Vernova by 2.0% during the 1st quarter. Alpha Financial Partners LLC now owns 514 shares of the company's stock valued at $449,000 after purchasing an additional 10 shares during the last quarter. Finally, Sandy Cove Advisors LLC increased its position in GE Vernova by 2.6% during the second quarter. Sandy Cove Advisors LLC now owns 389 shares of the company's stock valued at $457,000 after acquiring an additional 10 shares during the last quarter.

GE Vernova Price Performance

Shares of NYSE GEV opened at $998.73 on Friday. GE Vernova Inc. has a 12 month low of $530.16 and a 12 month high of $1,195.94. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62. The firm's 50 day simple moving average is $967.51 and its 200-day simple moving average is $998.61. The stock has a market capitalization of $265.99 billion, a price-to-earnings ratio of 28.58, a PEG ratio of 3.48 and a beta of 1.14.

GE Vernova (NYSE:GEV - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing analysts' consensus estimates of $3.17 by ($0.70). The business had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.79 billion. GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. GE Vernova's revenue was up 21.9% on a year-over-year basis. During the same quarter last year, the business earned $1.86 earnings per share. Analysts expect that GE Vernova Inc. will post 14.93 EPS for the current year.

GE Vernova Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Tuesday, October 27th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, October 27th. GE Vernova's dividend payout ratio (DPR) is presently 5.72%.

GE Vernova News Summary

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

• Positive Sentiment: Wood Mackenzie said four-hour battery storage is now more economical than gas peaker plants across global markets. In North America, data-center growth, gas-turbine backlogs and fuel-price volatility are strengthening the long-term investment case for storage and renewables—areas that could support GE Vernova’s power-generation and grid businesses. 4-hour storage cheaper than gas peakers across global markets: WoodMac
• Positive Sentiment: GE Vernova’s sold-out gas turbines make it a key supplier to data centers that need dependable electricity, giving investors exposure to the AI infrastructure buildout without being a direct AI software investment. Its growing backlog provides additional revenue visibility. GE Vernova Isn’t an AI Stock. It’s the Reason AI Stocks Work.
• Positive Sentiment: Investors continue to highlight nuclear expansion, services growth and the former GE energy division’s role in meeting rising power demand. Fisher Asset Management also substantially increased its GE Vernova position, signaling strong institutional conviction. GE Vernova Surges 9.4% in a Month: Hold or Fold the Stock? Why Billionaire Ken Fisher Went Big on GE Vernova
• Neutral Sentiment: GE Vernova plans to double its MIT internships and permanent hires in 2027. The move may strengthen its engineering talent pipeline, but it is unlikely to materially affect near-term earnings. GE Vernova to Double the Number of MIT Interns and Permanent Hires in 2027
• Negative Sentiment: Analysts and commentators warn that GE Vernova’s roughly 70% one-year run has left the shares at a premium valuation, increasing the risk that future returns depend on converting its backlog into cash flow. Supply constraints, tariffs and execution risks could also pressure results. GE Vernova Stock Appears Overvalued Following Its 70% Run
• Negative Sentiment: GE Vernova recently underperformed the broader market in a down session, reinforcing concerns about profit-taking and elevated expectations even as its longer-term outlook remains favorable. GE Vernova Dips More Than Broader Market

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on GEV shares. TD Cowen raised their price target on GE Vernova from $1,220.00 to $1,235.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Glj Research started coverage on shares of GE Vernova in a report on Monday, September 14th. They set a "sell" rating and a $470.00 price objective on the stock. Royal Bank Of Canada boosted their target price 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. Citigroup reduced their price target on GE Vernova from $1,219.00 to $1,125.00 and set a "neutral" rating on the stock in a research report on Thursday, July 23rd. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $1,298.00 price objective (up from $1,206.00) on shares of GE Vernova in a research report on Tuesday, September 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, GE Vernova has an average rating of "Moderate Buy" and an average price target of $1,171.87.

About GE Vernova

GE Vernova Inc NYSE: GEV is an energy technology company formed through the separation of General Electric's energy businesses in April 2024. The company is focused on helping generate, transmit, distribute and store electricity as power systems adapt to rising demand and the transition toward lower-carbon energy sources.

GE Vernova operates across three principal business areas: Power, Wind and Electrification. Its products and services include gas and steam power generation equipment, nuclear and hydropower technologies, onshore and offshore wind turbines, wind services, grid equipment, electrification systems, energy storage solutions and software used to monitor and manage energy infrastructure.

The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world.

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