42,626 GE Vernova Inc. $GEV Shares Acquired by GoalVest Advisory LLC

Key Points

• GoalVest Advisory dramatically increased its GE Vernova stake by purchasing 42,626 shares in the third quarter, bringing its holdings to 42,673 shares valued at approximately $40.6 million.
• GE Vernova’s outlook remains broadly positive, supported by growing orders, an expanding backlog, AI-driven electricity demand and regulatory approval for the BWRX-300 small modular reactor. However, nuclear revenue is still years away and the stock’s high valuation leaves little room for execution setbacks.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $1,171.87, while GE Vernova declared a quarterly dividend of $0.50 per share, representing a 0.2% yield.

GoalVest Advisory LLC lifted its holdings in GE Vernova Inc. (NYSE:GEV - Free Report) by 90,693.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,673 shares of the company's stock after purchasing an additional 42,626 shares during the quarter. GE Vernova accounts for about 2.1% of GoalVest Advisory LLC's investment portfolio, making the stock its 9th biggest holding. GoalVest Advisory LLC's holdings in GE Vernova were worth $40,560,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Planning Strategies Inc. boosted its holdings in shares of GE Vernova by 186.0% during the 3rd quarter. Planning Strategies Inc. now owns 123 shares of the company's stock valued at $116,000 after acquiring an additional 80 shares during the last quarter. Private Client Services LLC lifted its position in GE Vernova by 3.6% during the third quarter. Private Client Services LLC now owns 605 shares of the company's stock valued at $575,000 after purchasing an additional 21 shares during the period. Versant Capital Management Inc lifted its position in GE Vernova by 2.2% during the third quarter. Versant Capital Management Inc now owns 2,578 shares of the company's stock valued at $2,450,000 after purchasing an additional 56 shares during the period. First Financial Bank Trust Division boosted its holdings in GE Vernova by 5.8% in the third quarter. First Financial Bank Trust Division now owns 561 shares of the company's stock worth $533,000 after purchasing an additional 31 shares during the last quarter. Finally, Roxbury Financial LLC boosted its holdings in GE Vernova by 71.1% in the third quarter. Roxbury Financial LLC now owns 77 shares of the company's stock worth $73,000 after purchasing an additional 32 shares during the last quarter.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova and Hitachi secured the first U.S. construction permit for their BWRX-300 small modular reactor from the Nuclear Regulatory Commission. The approval allows licensed construction activities to begin and strengthens GEV’s nuclear pipeline, although commercial revenue remains several years away. GE Vernova's BWRX-300 Secures First US Construction Permit
• Positive Sentiment: CEO Scott Strazik signaled that orders and backlog are growing faster than expected, with potential margin expansion across the business, including the historically challenged wind segment. The outlook reinforces the bullish case for future earnings growth. GE Vernova's CEO Just Delivered Great News to Shareholders
• Positive Sentiment: GE Vernova declared its $0.50 quarterly dividend, payable November 24 to shareholders of record October 27. The $2.00 annualized payout is small relative to the share price but signals ongoing shareholder returns and financial confidence. GE Vernova Declares Quarterly Dividend
• Neutral Sentiment: Analysts and commentators continue to view GEV as a leading beneficiary of the AI-driven electricity buildout, particularly as data centers need new generation and grid infrastructure. However, the stock already trades at a substantial valuation, making execution and earnings delivery important.
• Negative Sentiment: Some data-center customers are favoring faster-to-deploy turbine generation over nuclear power, which could limit the near-term impact of the BWRX-300 permit. Investors also remain alert to the long construction timeline and potential delays before nuclear projects contribute materially to revenue. GE Vernova Stocks Slip as Data Centers Choose Faster Turbines

GE Vernova Price Performance

GEV stock traded up $4.69 during trading on Friday, reaching $992.14. The company's stock had a trading volume of 1,246,289 shares, compared to its average volume of 2,654,354. GE Vernova Inc. has a 1 year low of $530.16 and a 1 year high of $1,195.94. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $264.24 billion, a P/E ratio of 28.39, a price-to-earnings-growth ratio of 4.42 and a beta of 1.14. The company's fifty day moving average is $964.10 and its 200-day moving average is $993.29.

GE Vernova (NYSE:GEV - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing the consensus estimate of $3.17 by ($0.70). The business had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The company's revenue for the quarter was up 21.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.86 earnings per share. On average, research analysts expect that GE Vernova Inc. will post 15.36 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The firm also recently disclosed 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 is Tuesday, October 27th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova's dividend payout ratio (DPR) is 5.72%.

Analysts Set New Price Targets

A number of research firms have weighed in on GEV. Royal Bank Of Canada increased their target price on GE Vernova from $1,195.00 to $1,225.00 and gave the company an "outperform" rating in a report on Thursday, July 23rd. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $1,298.00 price target (up from $1,206.00) on shares of GE Vernova in a research report on Tuesday, September 15th. TD Cowen increased their price objective on shares of 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. Jefferies Financial Group reissued a "buy" rating and issued a $1,185.00 price objective (up from $1,155.00) on shares of GE Vernova in a report on Thursday, September 17th. Finally, Morgan Stanley lowered shares of GE Vernova from an "overweight" rating to an "underweight" rating in a research report on Monday, August 3rd. 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.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $1,171.87.

GE Vernova Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.