GE Vernova Inc. $GEV Position Boosted by Kestra Advisory Services LLC

Key Points

• Kestra Advisory Services increased its GE Vernova stake by 12.7% in the third quarter, adding 5,290 shares to reach 46,917 shares valued at about $44.6 million.
• GE Vernova reported quarterly EPS of $4.81, beating the $4.03 consensus, while revenue of $12.64 billion exceeded expectations and rose 26.8% year over year.
• Analyst sentiment is broadly positive but not unanimous: the stock has a “Moderate Buy” consensus and an average price target of $1,144.20, alongside recent downgrades and lower targets.

Kestra Advisory Services LLC boosted its position in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 12.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 46,917 shares of the company's stock after purchasing an additional 5,290 shares during the quarter. Kestra Advisory Services LLC's holdings in GE Vernova were worth $44,594,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of GEV. B. Metzler seel. Sohn & Co. AG grew its stake in GE Vernova by 37.7% in the second quarter. B. Metzler seel. Sohn & Co. AG now owns 23,080 shares of the company's stock valued at $27,116,000 after acquiring an additional 6,313 shares during the period. BG Investment Services LLC acquired a new stake in shares of GE Vernova during the third quarter worth about $3,348,000. Citizens Financial Group Inc. RI bought a new position in shares of GE Vernova during the 2nd quarter valued at about $8,337,000. Sapient Capital LLC lifted its holdings in shares of GE Vernova by 31.4% during the 2nd quarter. Sapient Capital LLC now owns 76,038 shares of the company's stock valued at $89,372,000 after purchasing an additional 18,188 shares in the last quarter. Finally, Processus Wealth & Capital Management LLC bought a new position in shares of GE Vernova during the 2nd quarter valued at about $2,699,000.

GE Vernova Stock Up 0.5%

Shares of NYSE:GEV traded up $4.23 during mid-day trading on Friday, reaching $774.74. 7,203,323 shares of the stock were exchanged, compared to its average volume of 3,120,461. The stock's 50 day simple moving average is $923.33 and its 200-day simple moving average is $944.61. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94. The company has a market cap of $205.06 billion, a P/E ratio of 20.33, a P/E/G ratio of 2.92 and a beta of 1.25. The company has a quick ratio of 0.62, a current ratio of 0.83 and a debt-to-equity ratio of 0.22.

GE Vernova (NYSE:GEV - Get Free Report) last released its earnings results on Wednesday, October 28th. The company reported $4.81 EPS for the quarter, beating the consensus estimate of $4.03 by $0.78. GE Vernova had a return on equity of 46.50% and a net margin of 23.54%. The firm had revenue of $12.64 billion for the quarter, compared to analysts' expectations of $11.99 billion. During the same quarter in the previous year, the business posted $1.64 EPS. The business's quarterly revenue was up 26.8% compared to the same quarter last year. As a group, equities research analysts predict that GE Vernova Inc. will post 16.13 EPS for the current year.

GE Vernova Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.3%. GE Vernova's dividend payout ratio (DPR) is 5.25%.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: GE Vernova’s backlog and order growth, along with three increases to its 2026 guidance, support the longer-term earnings outlook. The article also points to gas turbines as a potential source of future high-margin service revenue. Article: GE Vernova Is Up 18% in 2026 After Three Guidance Raises
• Positive Sentiment: Some investors view the stock’s decline as a potential buying opportunity, arguing that GE Vernova supplies power equipment Nvidia and other technology companies need, while the company continues to add orders. Article: GE Vernova Has Something Nvidia Needs Under a Democratic Congress
• Neutral Sentiment: Analyst views are mixed: one report noted an Argus Research Buy rating, while other recent coverage highlighted a downgrade and a pessimistic price outlook. This leaves uncertainty about whether the selloff has made GEV an attractive value. Article: GE Vernova Receives a Buy from Argus Research
• Negative Sentiment: A reported analyst downgrade contributed to a sharp decline in the shares, adding pressure to a stock already hit by a broader selloff in data-center-related names. Article: GE Vernova Shares Down 9.4% on Analyst Downgrade
• Negative Sentiment: Newly elected Democratic officials in Texas have pledged to pause approvals for large AI data-center projects, and proposals elsewhere could bring tighter energy, zoning, and environmental reviews. If projects are delayed, demand for the power generation and grid equipment GE Vernova sells could be affected. Article: GE Vernova Sees New Risks From AI Data Center Permitting Pause

Analysts Set New Price Targets

GEV has been the subject of a number of research reports. TD Cowen lowered their target price on GE Vernova from $1,235.00 to $1,125.00 and set a "buy" rating for the company in a research note on Thursday, October 29th. The Goldman Sachs Group raised shares of GE Vernova from a "buy" rating to a "market outperform" rating in a research note on Monday, September 14th. Glj Research upped their price target on shares of GE Vernova from $470.00 to $540.00 and gave the company a "sell" rating in a report on Friday, October 30th. Royal Bank Of Canada increased their price objective on shares of GE Vernova from $1,225.00 to $1,230.00 and gave the stock an "outperform" rating in a research report on Thursday, October 29th. Finally, William Blair reissued an "outperform" rating on shares of GE Vernova in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $1,144.20.

About GE Vernova

GE Vernova is an energy technology company that designs, manufactures and services equipment used to generate, transmit and distribute electricity. It became an independent public company in April 2024 after separating from General Electric, which had built its energy businesses over more than a century.

The company operates through three main businesses: Power, Wind and Electrification. Its offerings include gas and steam turbines, hydropower technologies and related services; onshore and offshore wind turbines; and grid equipment, power-conversion systems and software used to support electricity networks.

GE Vernova serves utilities, power producers, grid operators and other customers around the world.

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