AIA Group Ltd Sells 7,513 Shares of GE Vernova Inc. $GEV

Key Points

• AIA Group cut its GE Vernova stake by 67% in the second quarter, selling 7,513 shares and retaining 3,704 shares valued at approximately $4.35 million. CEO Victor Abate also sold 4,819 shares, reducing his holdings by 72.4%.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $1,133.15, although some firms downgraded the stock to “Hold” or “Neutral.”
• GE Vernova’s latest revenue rose 21.9% year over year to $11.10 billion, but quarterly EPS of $2.47 missed estimates of $3.17. Shares opened at $987.05 amid concerns about valuation, higher interest rates and financing risks in AI-related power infrastructure.

AIA Group Ltd lessened its position in GE Vernova Inc. (NYSE:GEV - Free Report) by 67.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,704 shares of the company's stock after selling 7,513 shares during the period. AIA Group Ltd's holdings in GE Vernova were worth $4,352,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Auto Owners Insurance Co grew its stake in shares of GE Vernova by 110,973.4% during the 4th quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company's stock valued at $2,278,224,000 after purchasing an additional 34,826,773 shares during the period. Vanguard Group Inc. boosted its stake in shares of GE Vernova by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 25,023,625 shares of the company's stock worth $16,354,691,000 after acquiring an additional 208,162 shares during the last quarter. State Street Corp boosted its stake in shares of GE Vernova by 2.1% during the 4th quarter. State Street Corp now owns 11,469,670 shares of the company's stock worth $7,496,232,000 after acquiring an additional 231,392 shares during the last quarter. Geode Capital Management LLC grew its position in shares of GE Vernova by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 6,249,193 shares of the company's stock valued at $4,074,039,000 after acquiring an additional 68,894 shares during the period. Finally, Morgan Stanley grew its position in shares of GE Vernova by 12.8% during the 4th quarter. Morgan Stanley now owns 6,054,474 shares of the company's stock valued at $3,957,024,000 after acquiring an additional 685,466 shares during the period.

Analyst Upgrades and Downgrades

Several analysts have issued reports on GEV shares. Wall Street Zen lowered GE Vernova from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Argus set a $1,300.00 target price on shares of GE Vernova in a report on Monday, April 27th. Robert W. Baird raised their target price on shares of GE Vernova from $1,008.00 to $1,400.00 and gave the stock an "outperform" rating in a research note on Thursday, April 23rd. BNP Paribas Exane downgraded shares of GE Vernova from an "outperform" rating to a "neutral" rating and set a $1,190.00 target price for the company. in a report on Monday, April 27th. Finally, Mizuho upped their price objective on GE Vernova from $913.00 to $949.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $1,133.15.

Insider Buying and Selling at GE Vernova

In other news, CEO Victor Abate sold 4,819 shares of the business's stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $948.08, for a total value of $4,568,797.52. Following the sale, the chief executive officer directly owned 1,835 shares in the company, valued at $1,739,726.80. The trade was a 72.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.21% of the stock is currently owned by company insiders.

Key GE Vernova News

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

• Positive Sentiment: GE Vernova’s backlog reportedly reached $176 billion, while a nuclear-related AI power agreement strengthened the investment case for its positioning in the rapidly expanding electricity and data-center infrastructure markets. GE Vernova Is Up 8.9% After Backlog Surges To $176 Billion And Nuclear AI Deal
• Positive Sentiment: GE Vernova is leading an ARPA-E project with SHINE to modernize tracking of spent nuclear fuel during recycling. Although the project is unlikely to materially affect near-term earnings, it supports GEV’s longer-term exposure to nuclear-energy development and fuel-cycle technology. SHINE Joins GE Vernova-Led ARPA-E Project
• Neutral Sentiment: A comparison of industrial machinery stocks frames 2026 as a competition to control the electrification stack. This reinforces GEV’s favorable industry exposure, but the article is primarily comparative and does not identify a new company-specific catalyst. Which Industrial Machinery Stock Has Dominated in 2026
• Negative Sentiment: GE Vernova and other behind-the-meter power stocks sold off amid concerns about hidden hyperscaler debt and a 19-year Treasury yield high. Higher rates can pressure richly valued growth and infrastructure shares, while questions about how AI data-center projects are financed raised doubts despite record backlogs. Behind-the-Meter Energy Stocks Fall Tuesday
• Negative Sentiment: Weakness across Bloom Energy, Fluence Energy and other AI-power names indicates sector-wide profit-taking and risk reduction. Bloom’s strong results and AI deals were tempered by valuation and supply-chain concerns, creating potential spillover pressure for GEV even without a direct negative announcement. Bloom Energy’s AI Surge Meets a Valuation Reality Check

GE Vernova Trading Down 1.7%

Shares of GE Vernova stock opened at $987.05 on Thursday. The business has a 50-day moving average price of $1,041.16 and a 200-day moving average price of $966.52. GE Vernova Inc. has a twelve month low of $530.16 and a twelve month high of $1,195.94. The firm has a market cap of $262.88 billion, a price-to-earnings ratio of 28.25, a PEG ratio of 3.58 and a beta of 1.21. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21.

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 firm 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 business's revenue was up 21.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.86 EPS. Equities research analysts anticipate that GE Vernova Inc. will post 15.57 EPS for the current fiscal year.

GE Vernova Profile

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.

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