GE Vernova Inc. $GEV Position Decreased by State of Michigan Retirement System

Key Points

• State of Michigan Retirement System reduced its position in GE Vernova by 3.5%, selling 2,600 shares to end the quarter with 71,040 shares valued at $46.43 million.
• Several large institutions materially increased exposure—Capital World Investors (+1,907.5%), Franklin Resources, SG Americas, Raymond James and Nordea all added sizable positions—signaling strong institutional accumulation ahead of recent news flow.
• GE Vernova reported a Q1 blowout with EPS $17.44 vs. $1.95 est. and revenue beat, prompting multiple analyst target upgrades and a consensus price target of about $1,077 while the stock traded near $1,148 and the company paid a $0.50 quarterly dividend.

State of Michigan Retirement System lowered its holdings in GE Vernova Inc. (NYSE:GEV - Free Report) by 3.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,040 shares of the company's stock after selling 2,600 shares during the period. State of Michigan Retirement System's holdings in GE Vernova were worth $46,430,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Capital World Investors boosted its holdings in GE Vernova by 1,907.5% during the third quarter. Capital World Investors now owns 2,156,197 shares of the company's stock worth $1,325,842,000 after buying an additional 2,048,792 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of GE Vernova by 170.0% in the third quarter. Franklin Resources Inc. now owns 1,175,729 shares of the company's stock valued at $722,956,000 after buying an additional 740,339 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of GE Vernova by 10,288.6% in the fourth quarter. SG Americas Securities LLC now owns 418,661 shares of the company's stock valued at $273,624,000 after buying an additional 414,631 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of GE Vernova by 66.0% during the 2nd quarter. Raymond James Financial Inc. now owns 944,567 shares of the company's stock valued at $499,817,000 after acquiring an additional 375,677 shares during the last quarter. Finally, Nordea Investment Management AB lifted its position in shares of GE Vernova by 136.1% during the 3rd quarter. Nordea Investment Management AB now owns 561,213 shares of the company's stock valued at $341,038,000 after acquiring an additional 323,481 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on GEV. Robert W. Baird lifted their target price on GE Vernova from $1,008.00 to $1,400.00 and gave the stock an "outperform" rating in a report on Thursday. The Goldman Sachs Group reaffirmed a "buy" rating and set a $1,328.00 target price on shares of GE Vernova in a report on Friday. Citigroup increased their price target on GE Vernova from $779.00 to $1,110.00 and gave the company a "neutral" rating in a research report on Monday, April 13th. Morgan Stanley lifted their price target on GE Vernova from $817.00 to $960.00 and gave the stock an "overweight" rating in a research note on Monday, March 23rd. Finally, China Renaissance upgraded GE Vernova to a "strong-buy" rating in a report on Thursday, January 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $1,077.35.

GE Vernova Price Performance

Shares of NYSE:GEV opened at $1,148.51 on Monday. The company's fifty day moving average is $897.77 and its two-hundred day moving average is $732.77. The company has a market cap of $308.63 billion, a P/E ratio of 33.45, a price-to-earnings-growth ratio of 4.40 and a beta of 1.43. GE Vernova Inc. has a 12-month low of $356.94 and a 12-month high of $1,181.95. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.19.

GE Vernova (NYSE:GEV - Get Free Report) last issued its earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, topping the consensus estimate of $1.95 by $15.49. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The business had revenue of $9.34 billion during the quarter, compared to analysts' expectations of $9.19 billion. During the same quarter last year, the firm posted $0.91 earnings per share. GE Vernova's revenue was up 17.0% compared to the same quarter last year. Equities analysts expect that GE Vernova Inc. will post 14.5 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Tuesday, March 17th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 17th. GE Vernova's dividend payout ratio is currently 5.83%.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: Q1 blowout — GEV reported an outsized EPS beat, stronger revenue and raised free‑cash‑flow/guidance with data‑center electrification cited as a major growth driver, which powered the multi‑day surge. GE Vernova Beats Earnings by 790% and Raises FCF Guidance
• Positive Sentiment: Order book and backlog momentum — Reports highlight record backlog and large electrification/data‑center orders (bookings and backlog cited in analyst notes), supporting medium‑term revenue visibility. Seeking Alpha: Integrated Power And Electrification To Deliver High‑Margin Growth
• Positive Sentiment: Analyst support — Multiple firms raised ratings and price targets (TD Cowen, Robert W. Baird, Oppenheimer reiterated/raised coverage), providing additional buy‑side validation after the quarter. GE Vernova Gets a Buy from Oppenheimer
• Neutral Sentiment: Market narratives and coverage — GEV has been featured in multiple “best long‑term” and AI‑infrastructure narratives; this increases visibility but also raises expectations. MarketBeat coverage
• Negative Sentiment: Insider activity — Coverage notes insiders have sold/retained positions around recent higher prices, which can prompt investor caution. Yahoo: Insiders Of GE Vernova Retain US$13m Of Investment
• Negative Sentiment: Segment headwinds & risks — The Wind segment showed challenges on the call and the company’s 10‑K risk disclosures were flagged as items investors should review; these add uncertainty even as other segments accelerate. Yahoo: Q1 Earnings Call Highlights TipRanks: Scrutinize 10‑K Risk Factors
• Negative Sentiment: Valuation & profit‑taking — Several commentators warn the rapid 2x+ price move may have outpaced fundamentals, creating near‑term downside risk for momentum sellers. Fool: GE Vernova Just Beat Earnings by a Mile

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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