GE Vernova Inc. $GEV Stock: Andrew Hill Investment Advisors Inc. Reduces Holdings

Key Points

• Andrew Hill Investment Advisors cut its GE Vernova stake by 53.8% in the third quarter, selling 2,595 shares and retaining 2,228 shares worth approximately $2.1 million.
• Institutional sentiment was mixed: BlackRock, Bank of America and other major investors added or initiated positions, while Morgan Stanley downgraded the stock to underweight. Analysts overall maintain a “Moderate Buy” consensus with an average target price of $1,164.87.
• GE Vernova’s latest quarter delivered revenue of $11.1 billion, up 21.9% year over year, but EPS of $2.47 missed estimates of $3.17. The company declared a quarterly dividend of $0.50 per share, equivalent to a 0.2% yield.

Andrew Hill Investment Advisors Inc. trimmed its position in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 53.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,228 shares of the company's stock after selling 2,595 shares during the period. GE Vernova makes up about 1.7% of Andrew Hill Investment Advisors Inc.'s holdings, making the stock its 22nd largest holding. Andrew Hill Investment Advisors Inc.'s holdings in GE Vernova were worth $2,117,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in GE Vernova during the second quarter worth about $25,569,630,000. State Street Corp boosted its stake in shares of GE Vernova by 3.3% in the second 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 during the period. Bank of America Corp DE grew its holdings in shares of GE Vernova by 20.1% in the first quarter. Bank of America Corp DE now owns 2,598,178 shares of the company's stock valued at $2,267,949,000 after purchasing an additional 435,405 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of GE Vernova in the second quarter valued at approximately $2,497,472,000. Finally, Jupiter Topco LLC purchased a new stake in GE Vernova during the 2nd quarter worth approximately $2,371,538,000.

Analyst Ratings Changes

A number of research firms have issued reports on GEV. Susquehanna reduced their target price on shares of GE Vernova from $1,300.00 to $1,270.00 and set a "positive" rating on the stock in a report on Wednesday, October 14th. Jefferies Financial Group restated a "buy" rating and issued a $1,185.00 price target (up from $1,155.00) on shares of GE Vernova in a research note on Thursday, September 17th. President Capital upped their price objective on GE Vernova from $1,368.00 to $1,398.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Morgan Stanley lowered GE Vernova from an "overweight" rating to an "underweight" rating in a report on Monday, August 3rd. Finally, TD Cowen boosted their target price on GE Vernova from $1,220.00 to $1,235.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $1,164.87.

GE Vernova Price Performance

Shares of GEV opened at $814.37 on Friday. The firm has a market capitalization of $216.89 billion, a price-to-earnings ratio of 42.47, a PEG ratio of 2.86 and a beta of 1.14. The firm's fifty day simple moving average is $947.07 and its 200-day simple moving average is $1,000.96. GE Vernova Inc. has a twelve month low of $530.16 and a twelve month high of $1,195.94. The company has a current ratio of 0.85, a quick ratio of 0.62 and a debt-to-equity ratio of 0.21.

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 return on equity of 42.42% and a net margin of 23.03%. The firm had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.79 billion. During the same quarter in the previous year, the firm posted $1.86 EPS. The business's revenue for the quarter was up 21.9% on a year-over-year basis. Equities analysts forecast that GE Vernova Inc. will post 15.04 EPS for the current fiscal year.

GE Vernova Announces Dividend

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

Key GE Vernova News

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

• Positive Sentiment: GE Vernova entered multiyear agreements with Venture Global and Baker Hughes covering up to 16 power-island units and transformer equipment. The systems are intended to provide behind-the-meter power for LNG facilities and planned AI data centers, supporting the company’s backlog and exposure to rising electricity demand. Why Is GE Vernova Tied To 16 Off Grid Power Units?
• Positive Sentiment: BMO Capital and Bank of America Securities reportedly maintained or issued Buy views on GEV, while several recent analyses highlighted long-term growth from grid modernization, electrification and expanding power demand. GE Vernova Gets a Buy from BMO Capital
• Neutral Sentiment: Investors are awaiting GE Vernova’s third-quarter 2026 results, with analysts focused on revenue, margins, orders and other operating metrics. The earnings report could clarify whether demand from data centers and broader power infrastructure is translating into profitable growth. Seeking Clues to GE Vernova Q3 Earnings
• Negative Sentiment: GEV fell sharply alongside Vertiv, Bloom Energy and Eaton after Meta’s larger AI spending outlook raised concerns about how data-center expansion will be financed. The move suggests investors are questioning the sustainability, timing and returns of AI infrastructure orders, even though long-term demand remains strong. GE Vernova Slumps as Meta Spending Outlook Stokes AI Financing Worries
• Negative Sentiment: Erste Group slightly reduced its 2027 EPS forecast to $24.36 from $24.55. The modest cut adds to execution concerns, particularly after GE Vernova’s prior quarterly EPS missed expectations despite stronger-than-expected revenue. GE Vernova Earnings Estimate Revision

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.

Want to see what other hedge funds are holding GEV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE Vernova Inc. (NYSE:GEV - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.