GE Vernova Inc. $GEV Shares Acquired by United Capital Management of KS Inc.

Key Points

• United Capital Management of KS increased its GE Vernova stake by 4,191.6% in the third quarter, buying 11,443 shares to hold 11,716 shares worth about $11.1 million.
• GE Vernova beat quarterly earnings and revenue estimates, reporting EPS of $4.81 and revenue of $12.64 billion; revenue rose 26.8% year over year.
• Analysts’ consensus rating is “Moderate Buy,” with an average price target of $1,144.20. The company also declared a quarterly dividend of $0.50 per share.

United Capital Management of KS Inc. lifted its holdings in GE Vernova Inc. (NYSE:GEV - Free Report) by 4,191.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,716 shares of the company's stock after purchasing an additional 11,443 shares during the quarter. GE Vernova accounts for approximately 1.5% of United Capital Management of KS Inc.'s investment portfolio, making the stock its 28th biggest holding. United Capital Management of KS Inc.'s holdings in GE Vernova were worth $11,136,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Alpha Financial Partners LLC increased its stake in GE Vernova by 2.0% in the 1st quarter. Alpha Financial Partners LLC now owns 514 shares of the company's stock valued at $449,000 after buying an additional 10 shares during the last quarter. Sandy Cove Advisors LLC lifted its position in GE Vernova by 2.6% during the 2nd quarter. Sandy Cove Advisors LLC now owns 389 shares of the company's stock worth $457,000 after buying an additional 10 shares in the last quarter. Mirador Capital Partners LP lifted its position in GE Vernova by 2.5% during the 2nd quarter. Mirador Capital Partners LP now owns 408 shares of the company's stock worth $479,000 after buying an additional 10 shares in the last quarter. Elevation Wealth Partners LLC boosted its stake in shares of GE Vernova by 15.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 75 shares of the company's stock worth $88,000 after buying an additional 10 shares during the last quarter. Finally, Byrne Asset Management LLC boosted its stake in shares of GE Vernova by 1.0% during the 3rd quarter. Byrne Asset Management LLC now owns 980 shares of the company's stock worth $968,000 after buying an additional 10 shares during the last quarter.

GE Vernova Price Performance

NYSE:GEV opened at $829.47 on Tuesday. GE Vernova Inc. has a 12-month low of $530.16 and a 12-month high of $1,195.94. The firm has a market capitalization of $219.54 billion, a price-to-earnings ratio of 21.77, a P/E/G ratio of 2.71 and a beta of 1.25. The stock's 50 day moving average price is $921.67 and its two-hundred day moving average price is $945.42. 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 issued its earnings results on Wednesday, October 28th. The company reported $4.81 EPS for the quarter, topping the consensus estimate of $4.03 by $0.78. The company had revenue of $12.64 billion during the quarter, compared to the consensus estimate of $11.99 billion. GE Vernova had a return on equity of 46.50% and a net margin of 23.54%. The firm's revenue for the quarter was up 26.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.64 EPS. On average, analysts anticipate that GE Vernova Inc. will post 16.13 earnings per share for the current year.

GE Vernova Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, October 27th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Tuesday, October 27th. GE Vernova's dividend payout ratio is 5.25%.

More GE Vernova News

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

• Positive Sentiment: GE Vernova won its sixth project with Stadtwerke Heidenheim, agreeing to supply three onshore turbines for a German wind farm and provide 20 years of maintenance. The deal supports recurring service revenue, though its financial terms were not disclosed. GE Vernova Lands Wind Turbine Order With 20-Year Service Deal
• Positive Sentiment: Investors also had a broader demand catalyst: Constellation Energy raised its 2026 guidance and announced data-center deals, helping ease concerns that a potential data-center construction slowdown would curb electricity demand. GE Vernova could benefit from continued investment in power generation. GE Vernova Soars as Constellation Raises Guidance
• Positive Sentiment: The company was also selected for a 6-GW high-voltage direct-current transmission corridor in India, a large infrastructure project booked in the fourth quarter. GE Vernova to Support India’s Energy Transition With 6-GW HVDC Transmission Project
• Neutral Sentiment: Reports of a tight market for gas turbines, with new U.S. equipment reportedly taking years to deliver, underscore potential demand for GE Vernova’s products, but do not guarantee additional orders. Shortage of Turbines Drives Market for Second-Hand Market for AI Data Centers
• Negative Sentiment: A separate analysis flagged a $9 billion acquisition as a complication for the company’s valuation and cash-flow outlook, keeping deal-related risks on investors’ radar. GE Vernova Share Price and $9B Acquisition Outlook
• Negative Sentiment: Elon Musk’s claim that SoftBank is defaulting on turbine orders raises a potential customer-demand concern, although the reports do not establish the impact on GE Vernova’s own orders. SoftBank Turbine Orders Warning for GE Vernova

Wall Street Analyst Weigh In

GEV has been the subject of several analyst reports. President Capital raised their price objective on GE Vernova from $1,368.00 to $1,398.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Argus dropped their target price on GE Vernova from $1,300.00 to $1,100.00 and set a "buy" rating on the stock in a report on Tuesday, November 3rd. Glj Research upped their target price on GE Vernova from $470.00 to $540.00 and gave the stock a "sell" rating in a report on Friday, October 30th. Susquehanna reduced their price target on GE Vernova from $1,270.00 to $1,250.00 and set a "positive" rating for the company in a research report on Thursday, October 29th. Finally, Royal Bank Of Canada raised their price target on GE Vernova from $1,225.00 to $1,230.00 and gave the company an "outperform" rating in a research note on Thursday, October 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently 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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