Aquatic Capital Management LLC Makes New Investment in GE Vernova Inc. $GEV

Key Points

• Aquatic Capital Management LLC opened a new position in GE Vernova (NYSE:GEV), buying 77,865 shares in Q3 valued at about $47.9 million, equal to 0.9% of its holdings and its 11th-largest stake.
• GE Vernova is seeing surging gas-turbine demand with a reported backlog of roughly $150–$200 billion, spurring analyst upgrades and a MarketBeat consensus target near $831.29.
• Despite a strong quarterly beat (EPS $13.39 vs. $2.99) and growth momentum, the stock trades at a rich P/E (~45.2) with a large market cap and recent run-up, creating valuation concerns and the potential for short-term volatility.

Aquatic Capital Management LLC acquired a new stake in GE Vernova Inc. (NYSE:GEV - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 77,865 shares of the company's stock, valued at approximately $47,879,000. GE Vernova accounts for 0.9% of Aquatic Capital Management LLC's holdings, making the stock its 11th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Jackson Grant Investment Advisers Inc. raised its holdings in GE Vernova by 344.4% in the third quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company's stock valued at $25,000 after acquiring an additional 31 shares in the last quarter. Wealth Watch Advisors INC purchased a new position in GE Vernova in the third quarter worth approximately $25,000. Bay Harbor Wealth Management LLC grew its holdings in GE Vernova by 537.5% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 51 shares of the company's stock worth $31,000 after acquiring an additional 43 shares in the last quarter. Elevation Wealth Partners LLC grew its holdings in GE Vernova by 47.2% during the 3rd quarter. Elevation Wealth Partners LLC now owns 53 shares of the company's stock worth $33,000 after acquiring an additional 17 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators increased its position in shares of GE Vernova by 112.0% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 53 shares of the company's stock valued at $33,000 after purchasing an additional 28 shares during the last quarter.

Trending Headlines about GE Vernova

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

• Positive Sentiment: Management and industry reports say gas-turbine demand is surging and the backlog is growing toward ~$200B by 2028, underpinning revenue visibility and analyst upgrades. GE Vernova Expands Power Role As AI And Grid Backlog Swell
• Positive Sentiment: Analysts have been raising estimates and targets on AI-driven gas-turbine demand and a reported ~$150B backlog, supporting momentum and revisions higher to revenue/earnings forecasts. A Look At GE Vernova (GEV) Valuation After AI Driven Upgrades And US$150b Backlog
• Positive Sentiment: High-profile bullish commentary from Jim Cramer (saying he likes the stock and would buy) can boost retail interest and liquidity in the short term. Jim Cramer on GE Vernova: "I like the stock very much"
• Neutral Sentiment: GE Vernova is expanding manufacturing and supply capacity (Vietnam, Italy, wind facilities) to meet demand — capex and execution will determine margin leverage and timing of revenue realization. Can GE Vernova's Capacity Expansion Power the Global Energy Transition?
• Negative Sentiment: Valuation and profitability concerns: independent analysis flags GEV's rich multiples versus industrial peers and weaker operating margins, suggesting limited upside if growth slows. That supports short-term profit-taking. Is GEV Stock A Better Pick Than Honeywell And Eaton?
• Negative Sentiment: High past gains and recent run-up (strong YTD performance) raise the risk of short-term volatility and pullbacks as some investors lock in gains despite long-term demand signals. GE Vernova: Road To $1,000 As Estimate Revisions Keep Climbing

Analyst Upgrades and Downgrades

GEV has been the topic of a number of analyst reports. Morgan Stanley restated an "overweight" rating and issued a $817.00 price objective on shares of GE Vernova in a report on Monday, January 26th. Mizuho set a $714.00 target price on GE Vernova in a report on Tuesday, February 3rd. William Blair restated an "outperform" rating on shares of GE Vernova in a research note on Wednesday, December 10th. Royal Bank Of Canada lifted their price target on GE Vernova from $761.00 to $800.00 and gave the stock an "outperform" rating in a report on Friday, January 30th. Finally, UBS Group reaffirmed a "buy" rating on shares of GE Vernova in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, GE Vernova has an average rating of "Moderate Buy" and a consensus target price of $831.29.

GE Vernova Trading Down 3.3%

Shares of GE Vernova stock opened at $804.45 on Friday. The company has a fifty day simple moving average of $759.92 and a 200-day simple moving average of $663.84. The stock has a market cap of $216.82 billion, a price-to-earnings ratio of 45.19, a PEG ratio of 3.20 and a beta of 1.45. GE Vernova Inc. has a 12-month low of $252.25 and a 12-month high of $894.93.

GE Vernova (NYSE:GEV - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, topping the consensus estimate of $2.99 by $10.40. GE Vernova had a net margin of 12.83% and a return on equity of 46.91%. The firm had revenue of $10.96 billion for the quarter, compared to analyst estimates of $10.21 billion. During the same period last year, the business earned $1.73 EPS. GE Vernova's revenue for the quarter was up 3.8% compared to the same quarter last year. On average, analysts forecast that GE Vernova Inc. will post 6.59 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 17th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, March 17th. GE Vernova's payout ratio is presently 11.24%.

GE Vernova Company 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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