Ausdal Financial Partners Inc. Makes New Investment in GE Vernova Inc. $GEV

Key Points

• Ausdal Financial Partners acquired 3,306 GE Vernova shares during the second quarter, valued at approximately $3.9 million, while several major institutions—including BlackRock, Norges Bank and Bank of America—also established or increased positions.
• GE Vernova reported quarterly revenue of $11.10 billion, up 21.9% year over year and ahead of estimates, but EPS of $2.47 missed the $3.17 consensus forecast. Shares opened at $912.32, below their 50-day and 200-day moving averages.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $1,133.15, although recent downgrades and the CEO’s stock sale introduce caution. Growth prospects include grid-modernization contracts, HVDC expansion and rising AI-related power demand.

Ausdal Financial Partners Inc. acquired a new stake in GE Vernova Inc. (NYSE:GEV - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,306 shares of the company's stock, valued at approximately $3,884,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Auto Owners Insurance Co boosted its holdings 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 valued at $2,278,224,000 after buying an additional 34,826,773 shares in the last quarter. BlackRock Inc. acquired a new stake in GE Vernova during the 2nd quarter worth $25,569,630,000. Norges Bank purchased a new stake in GE Vernova in the fourth quarter valued at $2,283,114,000. Bank of America Corp DE purchased a new stake in GE Vernova in the second quarter valued at $2,961,612,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in GE Vernova by 5,171.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,452,858 shares of the company's stock valued at $1,603,114,000 after acquiring an additional 2,406,326 shares in the last quarter.

GE Vernova Price Performance

Shares of NYSE:GEV opened at $912.32 on Friday. 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 cap of $242.98 billion, a P/E ratio of 26.11, a PEG ratio of 3.43 and a beta of 1.21. GE Vernova Inc. has a 52 week low of $530.16 and a 52 week high of $1,195.94. The company has a 50-day moving average price of $1,031.82 and a 200 day moving average price of $974.36.

GE Vernova (NYSE:GEV - Get Free Report) last released its earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.17 by ($0.70). The business had revenue of $11.10 billion for the quarter, compared to analyst estimates 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 for the quarter was up 21.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.86 EPS. Research analysts predict that GE Vernova Inc. will post 15.46 earnings per share for the current year.

Insider Buying and Selling at GE Vernova

In other GE Vernova news, CEO Victor Abate sold 4,819 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $948.08, for a total value of $4,568,797.52. Following the completion of the transaction, the chief executive officer owned 1,835 shares in the company, valued at approximately $1,739,726.80. This represents a 72.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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: HVDC joint venture expands growth prospects: GE Vernova announced a partnership with South Korea’s LS Electric to pursue voltage-source-converter HVDC projects. The venture could strengthen GEV’s position in a fast-growing market driven by grid modernization, renewable-power integration and rising electricity demand. GE Vernova’s New JV Could Unlock its Next Big Growth Engine
• Positive Sentiment: New U.K. grid contract adds backlog: GE Vernova was selected to supply a 400-kilovolt gas-insulated switchgear substation in Chesterfield, England, as part of National Grid’s Great Grid Upgrade. The award reinforces demand for GEV’s transmission equipment and exposure to long-term grid investment. GE Vernova secures 400 kV substation contract for UK grid upgrade
• Positive Sentiment: Demand outlook remains constructive: Recent coverage argues that GE Vernova’s businesses may be sold out through 2030, while AI-related data-center electricity demand and broader power shortages could support future orders. These themes bolster the long-term growth case, although they are largely forward-looking. GE Vernova: Sold Out Through 2030 Can AI Power Demand Drive Growth?
• Neutral Sentiment: Positive media commentary offers limited direct support: Jim Cramer continues to view GEV favorably because of its nuclear exposure and delivery visibility, but the commentary does not represent a change in earnings guidance or fundamentals. GE Vernova Isn’t A Great Short, Jim Cramer Said
• Negative Sentiment: CFO succession creates near-term uncertainty: GE Vernova’s announcement of a CFO transition may prompt investors to seek clarity on financial controls, capital allocation and execution. The move also coincided with Rivian’s CFO departing to join GEV, highlighting the leadership change but not necessarily signaling an operational problem. GE Vernova Announces CFO Transition and Leadership Succession

Analyst Ratings Changes

Several brokerages have issued reports on GEV. William Blair reaffirmed an "outperform" rating on shares of GE Vernova in a report on Monday, August 3rd. Mizuho upped their target price on GE Vernova from $913.00 to $949.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Jefferies Financial Group restated a "buy" rating on shares of GE Vernova in a research note on Monday, July 27th. Wall Street Zen cut GE Vernova from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. Finally, Morgan Stanley downgraded GE Vernova from an "overweight" rating to an "underweight" rating in a report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, GE Vernova presently has an average rating of "Moderate Buy" and an average price target of $1,133.15.

About GE Vernova

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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