GE Vernova Inc. $GEV Stake Lowered by AdvisorNet Financial Inc

Key Points

• AdvisorNet Financial cut its GE Vernova stake by 49.2% in the third quarter, selling 1,224 shares and retaining 1,265 shares valued at approximately $1.19 million.
• Institutional ownership activity was mixed, while analysts remained broadly positive: GE Vernova has a “Moderate Buy” consensus rating and an average price target of $1,164.87, despite some target reductions.
• GE Vernova reported 21.9% year-over-year revenue growth to $11.10 billion, although quarterly EPS of $2.47 missed estimates. The company also declared a $0.50 quarterly dividend, yielding about 0.2%.

AdvisorNet Financial Inc lowered its holdings in GE Vernova Inc. (NYSE:GEV - Free Report) by 49.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,265 shares of the company's stock after selling 1,224 shares during the period. AdvisorNet Financial Inc's holdings in GE Vernova were worth $1,192,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GEV. Auto Owners Insurance Co increased its holdings in GE Vernova by 110,973.4% during the 4th quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company's stock worth $2,278,224,000 after purchasing an additional 34,826,773 shares during the last quarter. BlackRock Inc. acquired a new position in shares of GE Vernova in the 2nd quarter valued at approximately $25,569,630,000. State Street Corp raised its position in shares of GE Vernova by 3.3% in the 2nd quarter. State Street Corp now owns 11,765,340 shares of the company's stock valued at $13,828,380,000 after purchasing an additional 370,842 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of GE Vernova by 20.1% during the 1st quarter. Bank of America Corp DE now owns 2,598,178 shares of the company's stock valued at $2,267,949,000 after buying an additional 435,405 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of GE Vernova during the 2nd quarter valued at approximately $2,497,472,000.

Wall Street Analyst Weigh In

GEV has been the subject of a number of recent analyst reports. Evercore reissued an "outperform" rating and set a $1,350.00 price target on shares of GE Vernova in a research report on Thursday, October 1st. Weiss Ratings restated a "buy (b)" rating on shares of GE Vernova in a research note on Tuesday, July 21st. Guggenheim reaffirmed a "buy" rating and issued a $1,450.00 price target on shares of GE Vernova in a report on Tuesday, October 13th. BNP Paribas Exane reduced their price objective on shares of GE Vernova from $1,190.00 to $1,090.00 and set a "neutral" rating on the stock in a research note on Thursday, August 20th. Finally, Susquehanna reduced their price objective on shares of GE Vernova from $1,300.00 to $1,270.00 and set a "positive" rating on the stock in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $1,164.87.

GE Vernova Price Performance

GEV opened at $919.18 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. The company's 50-day moving average price is $962.80 and its 200 day moving average price is $1,001.08. GE Vernova Inc. has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The firm has a market cap of $244.80 billion, a price-to-earnings ratio of 26.31, a price-to-earnings-growth ratio of 3.19 and a beta of 1.14.

GE Vernova (NYSE:GEV - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $10.79 billion. During the same quarter in the previous year, the firm earned $1.86 earnings per share. The business's revenue was up 21.9% on a year-over-year basis. As a group, sell-side analysts expect that GE Vernova Inc. will post 15.04 earnings per share for the current 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 given 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 is Tuesday, October 27th. GE Vernova's dividend payout ratio is presently 5.72%.

Trending Headlines about GE Vernova

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

• Positive Sentiment: Large Venture Global power agreement: GE Vernova and Baker Hughes agreed to supply equipment for up to 16 gas-fired power units, each with 720 megawatts of capacity. The projects could support LNG facilities and future AI data centers, although the reported $17.2 billion value represents a maximum opportunity rather than a fully committed order. Venture Global inks deals with GE Vernova, Baker Hughes for power expansion
• Positive Sentiment: AI-related electricity demand supports the growth story: GE Vernova’s gas-turbine backlog reportedly reached 116 gigawatts, while data-center orders exceeded $5 billion earlier in 2026. Its ability to provide generation, grid equipment and data-center power infrastructure could create recurring revenue opportunities as electricity demand rises. GE Vernova: AI's Next Bottleneck Is Electricity
• Positive Sentiment: Some analysts remain bullish: Guggenheim initiated or reiterated a Buy rating, while another analyst sees substantial upside ahead of third-quarter results. Recent coverage also points to higher revenue and free-cash-flow guidance and strong organic order growth. GE Vernova Earns Buy Rating from Guggenheim
• Neutral Sentiment: Wind-business leadership change: GE Vernova will begin 2027 with a new CEO for its Wind business. The change may be intended to support execution but introduces a leadership-transition factor for investors to monitor. GE Vernova to start 2027 with new Wind CEO
• Negative Sentiment: Susquehanna lowered its expectations for GEV’s stock price: The target reduction reinforced near-term valuation concerns and was followed by a sharp decline in the shares. Selling was also amplified by a broader pullback in AI-related infrastructure stocks. Susquehanna Has Lowered Expectations for GE Vernova Stock Price

About GE Vernova

GE Vernova Inc NYSE: GEV is an energy technology company focused on helping generate, transmit, store and deliver electricity. The company serves utilities, power producers, grid operators, commercial and industrial customers, and other energy-sector participants worldwide.

Its business is organized around three primary areas: Power, Wind and Electrification. Power provides technologies and services for gas and steam power generation, hydropower, nuclear power and other energy systems.

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