394,529 GE Vernova Inc. $GEV Shares Purchased by Vestor Capital LLC

Key Points

• Vestor Capital sharply increased its GE Vernova position, buying 394,529 shares in the third quarter—an 10,814.9% increase—to reach 398,177 shares worth about $378.5 million.
• GE Vernova reported quarterly EPS of $4.81, beating estimates of $4.03, while revenue rose 26.8% year over year to $12.64 billion.
• Recent business developments include wind-turbine and long-term service work in Germany and selection for a 6-GW transmission project in India; analysts’ average rating is “Moderate Buy,” with an average target price of $1,144.20.

Vestor Capital LLC grew its holdings in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 10,814.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 398,177 shares of the company's stock after purchasing an additional 394,529 shares during the period. GE Vernova comprises 10.7% of Vestor Capital LLC's holdings, making the stock its 2nd largest holding. Vestor Capital LLC owned 0.15% of GE Vernova worth $378,463,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Kestra Investment Management LLC raised its holdings in GE Vernova by 48.3% in the 3rd quarter. Kestra Investment Management LLC now owns 525 shares of the company's stock valued at $499,000 after acquiring an additional 171 shares in the last quarter. AlphaCore Capital LLC grew its holdings in shares of GE Vernova by 19.5% during the 3rd quarter. AlphaCore Capital LLC now owns 13,906 shares of the company's stock worth $13,218,000 after purchasing an additional 2,266 shares in the last quarter. Clear Wave Wealth Management LLC grew its holdings in shares of GE Vernova by 23.9% during the 3rd quarter. Clear Wave Wealth Management LLC now owns 912 shares of the company's stock worth $867,000 after purchasing an additional 176 shares in the last quarter. Kohmann Bosshard Financial Services LLC grew its holdings in shares of GE Vernova by 21.2% during the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 229 shares of the company's stock worth $218,000 after purchasing an additional 40 shares in the last quarter. Finally, Accuvest Global Advisors increased its position in shares of GE Vernova by 25.5% in the third quarter. Accuvest Global Advisors now owns 1,054 shares of the company's stock worth $1,002,000 after purchasing an additional 214 shares during the period.

Key GE Vernova News

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

• Positive Sentiment: GE Vernova won its sixth project with Stadtwerke Heidenheim, agreeing to supply three onshore turbines for a German wind farm and provide 20 years of maintenance. The deal supports recurring service revenue, though its financial terms were not disclosed. GE Vernova Lands Wind Turbine Order With 20-Year Service Deal
• Positive Sentiment: Investors also had a broader demand catalyst: Constellation Energy raised its 2026 guidance and announced data-center deals, helping ease concerns that a potential data-center construction slowdown would curb electricity demand. GE Vernova could benefit from continued investment in power generation. GE Vernova Soars as Constellation Raises Guidance
• Positive Sentiment: The company was also selected for a 6-GW high-voltage direct-current transmission corridor in India, a large infrastructure project booked in the fourth quarter. GE Vernova to Support India’s Energy Transition With 6-GW HVDC Transmission Project
• Neutral Sentiment: Reports of a tight market for gas turbines, with new U.S. equipment reportedly taking years to deliver, underscore potential demand for GE Vernova’s products, but do not guarantee additional orders. Shortage of Turbines Drives Market for Second-Hand Market for AI Data Centers
• Negative Sentiment: A separate analysis flagged a $9 billion acquisition as a complication for the company’s valuation and cash-flow outlook, keeping deal-related risks on investors’ radar. GE Vernova Share Price and $9B Acquisition Outlook
• Negative Sentiment: Elon Musk’s claim that SoftBank is defaulting on turbine orders raises a potential customer-demand concern, although the reports do not establish the impact on GE Vernova’s own orders. SoftBank Turbine Orders Warning for GE Vernova

GE Vernova Trading Up 7.2%

Shares of GEV opened at $829.47 on Tuesday. GE Vernova Inc. has a 52-week low of $530.16 and a 52-week high of $1,195.94. The business's fifty day moving average is $921.67 and its 200-day moving average is $945.42. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.62 and a current ratio of 0.83. The firm has a market cap of $219.54 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 2.71 and a beta of 1.25.

GE Vernova (NYSE:GEV - Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $4.81 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $11.99 billion. During the same quarter in the previous year, the firm earned $1.64 EPS. GE Vernova's revenue was up 26.8% on a year-over-year basis. Equities analysts anticipate that GE Vernova Inc. will post 16.13 EPS for the current fiscal year.

GE Vernova Announces Dividend

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

Wall Street Analysts Forecast Growth

GEV has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a "buy (b)" rating on shares of GE Vernova in a research note on Monday, October 19th. TD Cowen reduced their price objective on shares of GE Vernova from $1,235.00 to $1,125.00 and set a "buy" rating on the stock in a research note on Thursday, October 29th. BNP Paribas Exane decreased their target price on shares of GE Vernova from $1,190.00 to $1,090.00 and set a "neutral" rating on the stock in a report on Thursday, August 20th. Mizuho boosted their target price on shares of GE Vernova from $913.00 to $949.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Finally, Oppenheimer reaffirmed an "outperform" rating on shares of GE Vernova in a report on Wednesday, October 28th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $1,144.20.

GE Vernova Profile

GE Vernova is an energy technology company that designs, manufactures and services equipment used to generate, transmit and distribute electricity. It became an independent public company in April 2024 after separating from General Electric, which had built its energy businesses over more than a century.

The company operates through three main businesses: Power, Wind and Electrification. Its offerings include gas and steam turbines, hydropower technologies and related services; onshore and offshore wind turbines; and grid equipment, power-conversion systems and software used to support electricity networks.

GE Vernova serves utilities, power producers, grid operators and other customers around the world.

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