Bingham Private Wealth LLC Acquires Shares of 1,334 GE Vernova Inc. $GEV

Key Points

• Bingham Private Wealth LLC bought a new stake of 1,334 shares in GE Vernova (~$872,000) during Q4, while other institutions also increased exposure—notably Rakuten’s new ~$18.6M stake and US Bancorp DE’s 100,542 shares (~$61.8M).
• GE Vernova reported a major earnings beat (EPS $13.39 vs. $2.99 est.; revenue $10.96B vs. $10.21B) with strong margins, and analysts have lifted ratings and price targets—consensus rating is Buy with an average target of $889.30.
• The company faces a significant legal risk as Vineyard Wind sued over a $4.5B offshore wind contract alleging defective blades and disputed payments, which could lead to financial liabilities or reputational damage.

Bingham Private Wealth LLC bought a new stake in GE Vernova Inc. (NYSE:GEV - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,334 shares of the company's stock, valued at approximately $872,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Synergy Asset Management LLC boosted its holdings in shares of GE Vernova by 300.0% in the third quarter. Synergy Asset Management LLC now owns 1,884 shares of the company's stock valued at $1,078,000 after acquiring an additional 1,413 shares in the last quarter. J.W. Cole Advisors Inc. boosted its holdings in GE Vernova by 25.3% during the third quarter. J.W. Cole Advisors Inc. now owns 16,247 shares of the company's stock worth $9,990,000 after buying an additional 3,278 shares in the last quarter. Kercheville Advisors LLC boosted its holdings in GE Vernova by 238.3% during the third quarter. Kercheville Advisors LLC now owns 4,905 shares of the company's stock worth $3,016,000 after buying an additional 3,455 shares in the last quarter. Rakuten Investment Management Inc. purchased a new stake in GE Vernova during the third quarter worth about $18,601,000. Finally, US Bancorp DE boosted its holdings in GE Vernova by 2.2% during the third quarter. US Bancorp DE now owns 100,542 shares of the company's stock worth $61,824,000 after buying an additional 2,163 shares in the last quarter.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Evercore boosted their price objective on shares of GE Vernova from $860.00 to $905.00 and gave the stock an "outperform" rating in a report on Thursday, January 29th. Guggenheim raised shares of GE Vernova from a "neutral" rating to a "buy" rating and set a $910.00 price objective on the stock in a report on Friday, January 30th. Barclays boosted their price objective on shares of GE Vernova from $849.00 to $993.00 and gave the stock an "overweight" rating in a report on Wednesday, April 1st. Erste Group Bank raised shares of GE Vernova to a "strong-buy" rating in a report on Tuesday, March 24th. Finally, UBS Group reissued a "buy" rating on shares of GE Vernova in a report on Thursday, January 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Buy" and an average price target of $889.30.

GE Vernova Price Performance

Shares of NYSE GEV opened at $987.82 on Wednesday. GE Vernova Inc. has a 12-month low of $306.21 and a 12-month high of $1,007.38. The company has a market capitalization of $265.59 billion, a PE ratio of 55.50, a price-to-earnings-growth ratio of 3.90 and a beta of 1.43. The firm's 50-day moving average is $856.11 and its two-hundred day moving average is $707.99.

GE Vernova (NYSE:GEV - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The company reported $13.39 earnings per share (EPS) for the quarter, beating 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 company had revenue of $10.96 billion for the quarter, compared to the consensus estimate of $10.21 billion. During the same quarter in the prior year, the firm earned $1.73 earnings per share. The company'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 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th were 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 was Tuesday, March 17th. GE Vernova's dividend payout ratio is 11.24%.

GE Vernova News Roundup

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

• Positive Sentiment: Bank of America Securities reiterated a Buy rating, signaling continued analyst confidence in GEV’s fundamentals and long‑term story. Read More.
• Positive Sentiment: Recent coverage lifted price targets and included GEV on lists of blue‑chip energy names, reflecting bullish views on the company’s position in power equipment and services. Read More.
• Positive Sentiment: GE Vernova’s last reported quarter showed a sizable earnings beat and strong margins (large EPS beat and 12.8% net margin), which supports higher analyst targets and the stock’s valuation premium.
• Positive Sentiment: Recent writeups argue GEV is well‑positioned to benefit from rising energy demand, reinforcing the bull case for investors focused on long‑term structural demand. Read More.
• Neutral Sentiment: Citigroup raised its price target to $1,110 but maintained a Neutral rating, implying upside exists but the bank sees balanced near‑term risks and rewards. Read More.
• Neutral Sentiment: Macro coverage notes a rally in industrials (AI datacenters, aerospace, defense) that benefits suppliers like GEV, but warns of renewed inflation risks that could pressure margins and capital costs. Read More.
• Neutral Sentiment: Mention in market commentary (e.g., Jim Cramer discussion) keeps GEV in investor conversations but doesn’t materially change fundamentals. Read More.
• Negative Sentiment: Vineyard Wind has sued GE Vernova over a $4.5bn offshore wind contract, alleging defective blades and disputed payments; GEV’s attempt to exit the contract is central. The case highlights contract, execution and customer‑relationship risk in offshore wind and could lead to financial liabilities, delays or reputational damage. Read More. Read More.

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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