2,214 GE Vernova Inc. $GEV Shares Acquired by N10 Wealth LLC

Key Points

• N10 Wealth increased its GE Vernova stake by 27.3% in the third quarter, purchasing 2,214 additional shares and bringing its holdings to 10,332 shares valued at approximately $9.82 million.
• Other major institutions, including Auto Owners Insurance, BlackRock and Bank of America, also added significant GE Vernova positions, reflecting strong institutional interest in the energy technology company.
• GE Vernova benefits from robust order momentum and a reported $176 billion backlog, but its elevated valuation and recent earnings miss remain key risks. Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $1,164.87 price target.

N10 Wealth LLC increased its stake in GE Vernova Inc. (NYSE:GEV - Free Report) by 27.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,332 shares of the company's stock after buying an additional 2,214 shares during the period. GE Vernova comprises about 2.7% of N10 Wealth LLC's investment portfolio, making the stock its 14th largest position. N10 Wealth LLC's holdings in GE Vernova were worth $9,820,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Auto Owners Insurance Co increased its position in shares of GE Vernova by 110,973.4% in the 4th quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company's stock worth $2,278,224,000 after purchasing an additional 34,826,773 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of GE Vernova in the 2nd quarter valued at about $25,569,630,000. Bank of America Corp DE bought a new position in shares of GE Vernova during the second quarter worth about $2,961,612,000. Bank of New York Mellon Corp bought a new position in shares of GE Vernova during the second quarter worth about $2,497,472,000. Finally, Jupiter Topco LLC acquired a new position in GE Vernova in the second quarter worth about $2,371,538,000.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: Large backlog supports long-term growth: GE Vernova reportedly generated 88% organic order growth in the second quarter of 2026, lifting its backlog to approximately $176 billion. The company also produced more free cash flow in the quarter than during all of 2025, highlighting strong demand and improving cash generation. GE Vernova: A $176B Backlog Meets a 66x Price Tag
• Positive Sentiment: Analysts continue to see upside: Guggenheim reaffirmed its “buy” rating and set a $1,450 price target. Susquehanna maintained a “positive” rating and lowered its target modestly from $1,300 to $1,270, still implying substantial potential appreciation from recent trading levels.
• Positive Sentiment: Upcoming earnings could provide a catalyst: GE Vernova plans to report third-quarter 2026 results on October 28. Analysts reportedly expect triple-digit year-over-year earnings growth, making the release an important test of whether order momentum is translating into profits. GE Vernova to announce third-quarter 2026 financial results
• Neutral Sentiment: Stock-split speculation: GE Vernova’s substantial post-IPO appreciation has prompted discussion about whether the company could split its shares. However, a split would not change the company’s underlying value or fundamentals. Stock-Split Watch: Is GE Vernova Next?
• Negative Sentiment: Valuation remains a key risk: Commentary highlights a roughly 66-times earnings valuation, leaving the stock vulnerable if earnings growth, margins, or the upcoming outlook disappoint. Citi’s decision to maintain a “hold” rating also signals that some analysts view the current valuation as fully reflected in the shares. GE Vernova Builds $176B Backlog But 66x Earnings Multiple Raises Questions

GE Vernova Stock Performance

Shares of NYSE GEV traded down $72.71 during mid-day trading on Wednesday, hitting $931.33. The company had a trading volume of 1,857,867 shares, compared to its average volume of 2,624,343. The stock has a market cap of $248.04 billion, a price-to-earnings ratio of 26.67, a PEG ratio of 3.45 and a beta of 1.14. 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 $967.20 and its two-hundred day simple moving average is $1,000.65.

GE Vernova (NYSE:GEV - Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.17 by ($0.70). The company 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%. The company's revenue for the quarter was up 21.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.86 EPS. As a group, equities research analysts forecast that GE Vernova Inc. will post 15.04 earnings per share for the current year.

GE Vernova Dividend Announcement

The firm also recently disclosed 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. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, October 27th. GE Vernova's dividend payout ratio is 5.72%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. The Goldman Sachs Group raised GE Vernova from a "buy" rating to a "market outperform" rating in a report on Monday, September 14th. Mizuho lifted their target price on GE Vernova from $913.00 to $949.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. BMO Capital Markets reiterated an "outperform" rating and issued a $1,250.00 price target (up from $1,110.00) on shares of GE Vernova in a report on Friday, August 7th. Weiss Ratings reissued a "buy (b)" rating on shares of GE Vernova in a research report on Tuesday, July 21st. Finally, Evercore reissued an "outperform" rating and set a $1,350.00 price target on shares of GE Vernova in a research report on Thursday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,164.87.

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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