GE Vernova Inc. $GEV Shares Sold by Groupe la Francaise

Key Points

• Groupe la Francaise cut its GE Vernova stake by 20.8% in the second quarter, selling 15,175 shares and retaining 57,855 shares valued at approximately $68.0 million.
• GE Vernova reported quarterly revenue of $11.10 billion, up 21.9% year over year and above estimates, but EPS of $2.47 missed the $3.17 consensus forecast.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and $1,155.28 target price, though some downgrades and concerns about margin conversion create potential downside risks.

Groupe la Francaise trimmed its holdings in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 20.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,855 shares of the company's stock after selling 15,175 shares during the period. Groupe la Francaise's holdings in GE Vernova were worth $67,982,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Onyx Bridge Wealth Group LLC lifted its holdings in GE Vernova by 1.3% in the first quarter. Onyx Bridge Wealth Group LLC now owns 727 shares of the company's stock worth $635,000 after acquiring an additional 9 shares during the last quarter. Red Door Wealth Management LLC grew its holdings in shares of GE Vernova by 0.6% during the first quarter. Red Door Wealth Management LLC now owns 1,774 shares of the company's stock valued at $1,548,000 after purchasing an additional 10 shares during the last quarter. Advance Capital Management Inc. raised its position in shares of GE Vernova by 2.2% during the 1st quarter. Advance Capital Management Inc. now owns 461 shares of the company's stock worth $402,000 after purchasing an additional 10 shares during the period. Alpha Financial Partners LLC raised its position in shares of GE Vernova by 2.0% during the 1st quarter. Alpha Financial Partners LLC now owns 514 shares of the company's stock worth $449,000 after purchasing an additional 10 shares during the period. Finally, Sandy Cove Advisors LLC lifted its holdings in shares of GE Vernova by 2.6% in the 2nd quarter. Sandy Cove Advisors LLC now owns 389 shares of the company's stock worth $457,000 after purchasing an additional 10 shares during the last quarter.

GE Vernova Stock Performance

Shares of NYSE GEV opened at $943.58 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94. The business's 50-day moving average price is $1,016.92 and its two-hundred day moving average price is $979.58. The company has a market capitalization of $251.30 billion, a P/E ratio of 27.01, a price-to-earnings-growth ratio of 4.38 and a beta of 1.15.

GE Vernova (NYSE:GEV - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing the consensus estimate of $3.17 by ($0.70). The business had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The company's quarterly revenue was up 21.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.86 earnings per share. Analysts anticipate that GE Vernova Inc. will post 15.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Royal Bank Of Canada increased their price objective on GE Vernova from $1,195.00 to $1,225.00 and gave the stock an "outperform" rating in a report on Thursday, July 23rd. William Blair reiterated an "outperform" rating on shares of GE Vernova in a research report on Monday, August 3rd. Weiss Ratings reiterated a "buy (b)" rating on shares of GE Vernova in a research report on Tuesday, July 21st. Morgan Stanley downgraded shares of GE Vernova from an "overweight" rating to an "underweight" rating in a report on Monday, August 3rd. Finally, Wall Street Zen downgraded GE Vernova from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $1,155.28.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova signed an agreement to supply wind turbines for ESB’s Chleansaid wind farm in Scotland, adding to its renewable-energy order pipeline and reinforcing demand for its equipment. GE Vernova signs agreement to supply turbines for ESB wind farm in Scotland
• Positive Sentiment: A deal with Venezuela is expected to help stabilize the country’s deteriorating power grid within six to 12 months. The project could create equipment, services and maintenance opportunities while expanding GE Vernova’s international presence. Market Chatter: GE Vernova Deal Aims to Stabilize Venezuela Power Grid
• Positive Sentiment: GE Vernova is participating with Studsvik, GE Vernova Hitachi and Samsung C&T in advancing a Swedish nuclear-power project. Nuclear demand is attracting investor attention as data centers and AI require reliable, low-carbon electricity. Companies advance Swedish nuclear power project
• Positive Sentiment: An investor analysis highlighted GE Vernova’s 116 gigawatts of gas-turbine equipment in backlog and slot reservations, with at least 125 gigawatts expected under contract by year-end. Capacity expansion and recurring service revenue support the long-term growth case. GE Vernova company overview
• Neutral Sentiment: GE Vernova recently outperformed the broader market in a session, reflecting enthusiasm over Venezuela grid-repair plans and the company’s exposure to AI-related power demand. However, the move followed volatility since June as investors reassessed the sustainability of the AI infrastructure boom. GE Vernova outperforms the stock market
• Negative Sentiment: Erste Group Bank lowered its fiscal 2027 EPS forecast, while analysts continue to question whether GE Vernova can convert its substantial orders into higher margins. Those concerns may limit upside after the stock’s strong longer-term rally. GE Vernova FY2027 EPS forecast decreased

GE Vernova Profile

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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