GE Vernova Inc. $GEV Shares Bought by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors increased its GE Vernova stake by 14.6% in the third quarter, holding 14,566 shares valued at approximately $13.845 million. Several other institutional investors also expanded their positions.
• Analyst sentiment remains positive, with GE Vernova carrying a “Moderate Buy” consensus rating and an average price target of $1,171.87, although targets range from $1,125 to $1,450.
• GE Vernova benefits from strong demand for gas turbines, energy storage and grid infrastructure tied to data-center growth, but its premium valuation, supply constraints, tariffs and execution risks could limit future returns.

Farther Finance Advisors LLC grew its stake in GE Vernova Inc. (NYSE:GEV - Free Report) by 14.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,566 shares of the company's stock after acquiring an additional 1,853 shares during the period. Farther Finance Advisors LLC's holdings in GE Vernova were worth $13,845,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GEV. Westwind Capital lifted its holdings in shares of GE Vernova by 3.7% during the 3rd quarter. Westwind Capital now owns 1,650 shares of the company's stock valued at $1,568,000 after purchasing an additional 59 shares in the last quarter. Atwood & Palmer Inc. boosted its holdings in GE Vernova by 61.5% during the third quarter. Atwood & Palmer Inc. now owns 420 shares of the company's stock worth $399,000 after purchasing an additional 160 shares during the last quarter. Aletheian Wealth Advisors LLC grew its holdings in shares of GE Vernova by 5.5% in the 3rd quarter. Aletheian Wealth Advisors LLC now owns 251 shares of the company's stock valued at $239,000 after acquiring an additional 13 shares in the last quarter. YHB Investment Advisors Inc. grew its stake in GE Vernova by 3.4% in the third quarter. YHB Investment Advisors Inc. now owns 5,574 shares of the company's stock valued at $5,298,000 after purchasing an additional 182 shares in the last quarter. Finally, Apella Capital LLC grew its stake in shares of GE Vernova by 49.5% in the third quarter. Apella Capital LLC now owns 2,795 shares of the company's stock valued at $2,787,000 after buying an additional 925 shares in the last quarter.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada increased their target price on GE Vernova from $1,195.00 to $1,225.00 and gave the stock an "outperform" rating in a research note on Thursday, July 23rd. The Goldman Sachs Group raised GE Vernova from a "buy" rating to a "market outperform" rating in a report on Monday, September 14th. Wall Street Zen downgraded shares of GE Vernova from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. Citigroup cut their price target on GE Vernova from $1,219.00 to $1,125.00 and set a "neutral" rating on the stock in a research note on Thursday, July 23rd. Finally, Guggenheim boosted their price objective on shares of GE Vernova from $1,300.00 to $1,450.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, GE Vernova presently has an average rating of "Moderate Buy" and an average target price of $1,171.87.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Wood Mackenzie said four-hour battery storage is now more economical than gas peaker plants across global markets. In North America, data-center growth, gas-turbine backlogs and fuel-price volatility are strengthening the long-term investment case for storage and renewables—areas that could support GE Vernova’s power-generation and grid businesses. 4-hour storage cheaper than gas peakers across global markets: WoodMac
• Positive Sentiment: GE Vernova’s sold-out gas turbines make it a key supplier to data centers that need dependable electricity, giving investors exposure to the AI infrastructure buildout without being a direct AI software investment. Its growing backlog provides additional revenue visibility. GE Vernova Isn’t an AI Stock. It’s the Reason AI Stocks Work.
• Positive Sentiment: Investors continue to highlight nuclear expansion, services growth and the former GE energy division’s role in meeting rising power demand. Fisher Asset Management also substantially increased its GE Vernova position, signaling strong institutional conviction. GE Vernova Surges 9.4% in a Month: Hold or Fold the Stock? Why Billionaire Ken Fisher Went Big on GE Vernova
• Neutral Sentiment: GE Vernova plans to double its MIT internships and permanent hires in 2027. The move may strengthen its engineering talent pipeline, but it is unlikely to materially affect near-term earnings. GE Vernova to Double the Number of MIT Interns and Permanent Hires in 2027
• Negative Sentiment: Analysts and commentators warn that GE Vernova’s roughly 70% one-year run has left the shares at a premium valuation, increasing the risk that future returns depend on converting its backlog into cash flow. Supply constraints, tariffs and execution risks could also pressure results. GE Vernova Stock Appears Overvalued Following Its 70% Run
• Negative Sentiment: GE Vernova recently underperformed the broader market in a down session, reinforcing concerns about profit-taking and elevated expectations even as its longer-term outlook remains favorable. GE Vernova Dips More Than Broader Market

GE Vernova Stock Up 0.2%

Shares of NYSE GEV opened at $998.73 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62. The stock has a market capitalization of $265.99 billion, a PE ratio of 28.58, a P/E/G ratio of 3.48 and a beta of 1.14. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94. The business's fifty day moving average price is $967.51 and its 200-day moving average price is $998.61.

GE Vernova (NYSE:GEV - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing the consensus estimate of $3.17 by ($0.70). GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The company had revenue of $11.10 billion for the quarter, compared to the consensus estimate of $10.79 billion. During the same quarter in the prior year, the company earned $1.86 earnings per share. The company's quarterly revenue was up 21.9% on a year-over-year basis. On average, equities research analysts anticipate that GE Vernova Inc. will post 14.93 EPS for the current year.

GE Vernova Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, October 27th. GE Vernova's dividend payout ratio is 5.72%.

GE Vernova Company Profile

GE Vernova Inc NYSE: GEV is an energy technology company formed through the separation of General Electric's energy businesses in April 2024. The company is focused on helping generate, transmit, distribute and store electricity as power systems adapt to rising demand and the transition toward lower-carbon energy sources.

GE Vernova operates across three principal business areas: Power, Wind and Electrification. Its products and services include gas and steam power generation equipment, nuclear and hydropower technologies, onshore and offshore wind turbines, wind services, grid equipment, electrification systems, energy storage solutions and software used to monitor and manage energy infrastructure.

The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world.

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