GE Vernova Inc. $GEV Shares Sold by Fulcrum Asset Management LLP

Key Points

• Fulcrum Asset Management cut its GE Vernova stake by 31.1% in the third quarter, selling 2,685 shares and ending the period with 5,939 shares worth about $5.7 million.
• GE Vernova beat quarterly estimates, reporting earnings of $4.81 per share versus $4.03 expected and revenue of $12.64 billion versus $11.99 billion; revenue rose 26.8% year over year.
• Analyst sentiment remains broadly positive but mixed: MarketBeat cites a “Moderate Buy” consensus and an average $1,144.20 price target, alongside recent target cuts and downgrades.

Fulcrum Asset Management LLP cut its stake in GE Vernova Inc. (NYSE:GEV - Free Report) by 31.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,939 shares of the company's stock after selling 2,685 shares during the quarter. Fulcrum Asset Management LLP's holdings in GE Vernova were worth $5,716,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of GE Vernova in the second quarter worth approximately $25,569,630,000. State Street Corp increased its position in shares of GE Vernova by 3.3% during the second quarter. State Street Corp now owns 11,765,340 shares of the company's stock worth $13,828,380,000 after purchasing an additional 370,842 shares in the last quarter. Bank of America Corp DE acquired a new position in GE Vernova in the 2nd quarter valued at $2,961,612,000. Bank of New York Mellon Corp acquired a new position in GE Vernova in the 2nd quarter valued at $2,497,472,000. Finally, Jupiter Topco LLC purchased a new position in GE Vernova in the 2nd quarter valued at $2,371,538,000.

GE Vernova Price Performance

NYSE:GEV opened at $774.74 on Monday. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.62 and a current ratio of 0.83. The stock has a market cap of $205.06 billion, a PE ratio of 20.33, a P/E/G ratio of 2.52 and a beta of 1.25. The stock has a 50 day moving average price of $923.33 and a 200 day moving average price of $944.61.

GE Vernova (NYSE:GEV - Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 earnings per share for the quarter, topping analysts' consensus estimates of $4.03 by $0.78. The company had revenue of $12.64 billion for the quarter, compared to analyst estimates 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 quarter in the previous year, the company posted $1.64 earnings per share. Equities research analysts expect that GE Vernova Inc. will post 16.13 EPS for the current fiscal year.

GE Vernova Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Tuesday, October 27th. GE Vernova's payout ratio is currently 5.25%.

Trending Headlines about 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

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Citigroup lowered their target price on shares of GE Vernova from $1,125.00 to $1,000.00 and set a "neutral" rating on the stock in a research note on Thursday, October 29th. Guggenheim reduced their target price on shares of GE Vernova from $1,450.00 to $1,400.00 and set a "buy" rating for the company in a research report on Monday, November 2nd. Weiss Ratings reiterated a "buy (b)" rating on shares of GE Vernova in a research report on Monday, October 19th. Jefferies Financial Group reissued a "buy" rating and issued a $1,100.00 price target on shares of GE Vernova in a research note on Thursday, October 29th. Finally, Mizuho boosted their price target on shares of GE Vernova from $913.00 to $949.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, four have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, GE Vernova currently has an average rating of "Moderate Buy" and an average price target of $1,144.20.

GE Vernova Company Profile

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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