Formuepleje A S Acquires Shares of 1,685 GE Vernova Inc. $GEV

Key Points

• Formuepleje A S acquired 1,685 GE Vernova shares during the second quarter, valued at approximately $1.98 million. Several other institutional investors also initiated or increased positions.
• GE Vernova reported $2.47 in quarterly EPS, missing the $3.17 consensus estimate, while revenue rose 21.9% year over year to $11.10 billion and exceeded forecasts.
• Analysts remain broadly bullish, with a “Moderate Buy” consensus and an average price target of $1,155.28, although concerns remain about margin expansion and the company’s ability to convert its large backlog into profits.

Formuepleje A S acquired a new position in shares of GE Vernova Inc. (NYSE:GEV - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,685 shares of the company's stock, valued at approximately $1,980,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Wealth Watch Advisors INC acquired a new position in GE Vernova during the 3rd quarter worth $25,000. Cornerstone Financial Management LLC acquired a new stake in shares of GE Vernova in the 4th quarter valued at about $25,000. Manning & Napier Advisors LLC lifted its position in shares of GE Vernova by 68.4% during the first quarter. Manning & Napier Advisors LLC now owns 32 shares of the company's stock worth $26,000 after purchasing an additional 13 shares during the last quarter. Navalign LLC bought a new position in shares of GE Vernova during the fourth quarter worth about $27,000. Finally, Commonwealth Retirement Investments LLC acquired a new position in GE Vernova in the fourth quarter worth about $30,000.

GE Vernova Price Performance

GEV opened at $943.58 on Monday. 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's 50-day moving average price is $1,016.92 and its 200 day moving average price is $979.58. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The firm has a market cap of $251.30 billion, a price-to-earnings ratio of 27.01, a price-to-earnings-growth ratio of 4.38 and a beta of 1.15.

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

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: GE Vernova signed an agreement to supply wind turbines for ESB’s Chleansaid wind farm in Scotland, adding to its renewable-energy order pipeline and reinforcing demand for its equipment. GE Vernova signs agreement to supply turbines for ESB wind farm in Scotland
• Positive Sentiment: A deal with Venezuela is expected to help stabilize the country’s deteriorating power grid within six to 12 months. The project could create equipment, services and maintenance opportunities while expanding GE Vernova’s international presence. Market Chatter: GE Vernova Deal Aims to Stabilize Venezuela Power Grid
• Positive Sentiment: GE Vernova is participating with Studsvik, GE Vernova Hitachi and Samsung C&T in advancing a Swedish nuclear-power project. Nuclear demand is attracting investor attention as data centers and AI require reliable, low-carbon electricity. Companies advance Swedish nuclear power project
• Positive Sentiment: An investor analysis highlighted GE Vernova’s 116 gigawatts of gas-turbine equipment in backlog and slot reservations, with at least 125 gigawatts expected under contract by year-end. Capacity expansion and recurring service revenue support the long-term growth case. GE Vernova company overview
• Neutral Sentiment: GE Vernova recently outperformed the broader market in a session, reflecting enthusiasm over Venezuela grid-repair plans and the company’s exposure to AI-related power demand. However, the move followed volatility since June as investors reassessed the sustainability of the AI infrastructure boom. GE Vernova outperforms the stock market
• Negative Sentiment: Erste Group Bank lowered its fiscal 2027 EPS forecast, while analysts continue to question whether GE Vernova can convert its substantial orders into higher margins. Those concerns may limit upside after the stock’s strong longer-term rally. GE Vernova FY2027 EPS forecast decreased

Analysts Set New Price Targets

Several brokerages recently weighed in on GEV. Sanford C. Bernstein boosted their price objective on GE Vernova from $1,206.00 to $1,298.00 and gave the company an "outperform" rating in a report on Thursday, July 23rd. Jefferies Financial Group reiterated a "buy" rating on shares of GE Vernova in a research report on Monday, July 27th. JPMorgan Chase & Co. boosted their price target on GE Vernova from $1,302.00 to $1,330.00 and gave the company an "overweight" rating in a report on Thursday, July 23rd. Mizuho upped their price target on GE Vernova from $913.00 to $949.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Finally, Oppenheimer raised their price objective on GE Vernova from $1,303.00 to $1,338.00 and gave the stock an "outperform" rating in a research note on Thursday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, GE Vernova currently has an average rating of "Moderate Buy" and an average target price of $1,155.28.

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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