1,909 GE Vernova Inc. $GEV Shares Sold by Triasima Portfolio Management inc.

Key Points

• Triasima Portfolio Management reduced its GE Vernova stake by 30.3%, selling 1,909 shares during the third quarter and retaining 4,393 shares valued at approximately $4.18 million.
• Institutional interest remains substantial, with BlackRock, Bank of America, Bank of New York Mellon and Jupiter Topco taking new positions, while State Street increased its holdings.
• Analysts maintain a generally positive outlook, with GE Vernova rated “Moderate Buy” and a consensus price target of $1,164.87, though the stock’s elevated valuation and recent earnings miss remain key risks.

Triasima Portfolio Management inc. cut its holdings in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 30.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,393 shares of the company's stock after selling 1,909 shares during the period. Triasima Portfolio Management inc.'s holdings in GE Vernova were worth $4,176,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in GE Vernova in the 2nd quarter valued at approximately $25,569,630,000. State Street Corp increased its holdings in GE Vernova by 3.3% during the 2nd quarter. State Street Corp now owns 11,765,340 shares of the company's stock worth $13,828,380,000 after purchasing an additional 370,842 shares during the period. Bank of America Corp DE purchased a new stake in GE Vernova during the 2nd quarter worth about $2,961,612,000. Bank of New York Mellon Corp purchased a new stake in GE Vernova during the 2nd quarter worth about $2,497,472,000. Finally, Jupiter Topco LLC purchased a new stake in GE Vernova during the 2nd quarter worth about $2,371,538,000.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Major Venture Global power agreement: GE Vernova and Baker Hughes will supply equipment for up to 16 gas-fired power units, each with 720 megawatts of capacity. The projects could support LNG facilities and future AI data centers, reinforcing GE Vernova’s position in behind-the-meter power infrastructure. The reported $17.2 billion headline value represents the maximum potential scope, not a firm commitment. Venture Global inks deals with GE Vernova, Baker Hughes for power expansion
• Positive Sentiment: Analyst support remains strong: Guggenheim assigned GE Vernova a Buy rating, while Susquehanna maintained a positive rating and lowered its price target modestly to $1,270. These targets imply substantial upside from recent trading levels. GE Vernova earns Buy rating from Guggenheim
• Positive Sentiment: Recent coverage highlights strong organic order growth, increased 2026 revenue and free-cash-flow guidance, and a reported backlog of approximately $176 billion. Gas-turbine services and electrification demand linked to AI data centers remain important parts of the bull case. Is GE Vernova undervalued after raising guidance and landing data center power deals?
• Neutral Sentiment: GE Vernova is being discussed as a potential stock-split candidate because of its high share price, but a split would not change the company’s underlying value or earnings prospects. GE Vernova emerges as a prime stock-split candidate
• Negative Sentiment: The recent pullback reflects broader weakness in AI-infrastructure stocks and renewed scrutiny of GE Vernova’s elevated valuation. Coverage has cited a high earnings multiple, making the shares more sensitive to any slowdown in orders, guidance or AI-related spending. GE Vernova builds $176 billion backlog but valuation raises questions

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Morgan Stanley lowered GE Vernova from an "overweight" rating to an "underweight" rating in a research report on Monday, August 3rd. Sanford C. Bernstein reissued an "outperform" rating and set a $1,298.00 price objective (up from $1,206.00) on shares of GE Vernova in a research report on Tuesday, September 15th. Mizuho boosted 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. Glj Research began coverage on shares of GE Vernova in a research note on Monday, September 14th. They set a "sell" rating and a $470.00 target price on the stock. Finally, Royal Bank Of Canada upped 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 research note on Thursday, July 23rd. 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. Based on data from MarketBeat, GE Vernova presently has an average rating of "Moderate Buy" and a consensus target price of $1,164.87.

GE Vernova Price Performance

Shares of GEV opened at $928.88 on Friday. The firm has a market capitalization of $247.39 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 3.26 and a beta of 1.14. The firm's fifty day simple moving average is $964.22 and its 200-day simple moving average is $1,001.66. GE Vernova Inc. has a twelve month low of $530.16 and a twelve month high of $1,195.94. The company has a current ratio of 0.85, a quick ratio of 0.62 and a debt-to-equity ratio of 0.21.

GE Vernova (NYSE:GEV - Get Free Report) last issued 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 firm had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%. The business's revenue for the quarter was up 21.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.86 EPS. Equities analysts forecast that GE Vernova Inc. will post 15.04 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 paid a $0.50 dividend. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova's dividend payout ratio (DPR) is currently 5.72%.

GE Vernova Profile

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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