GE Vernova Inc. $GEV Stock Holdings Lessened by Calamos Advisors LLC

Key Points

• Calamos Advisors reduced its GE Vernova stake by 3.7% in the third quarter, selling 4,592 shares; it held 119,064 shares valued at about $113.2 million at quarter-end. Several other institutional investors increased their holdings.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $1,144.20, although some firms recently lowered their targets.
• GE Vernova beat quarterly expectations, reporting $4.81 earnings per share and $12.64 billion in revenue; revenue rose 26.8% year over year. The company also declared a quarterly dividend of $0.50 per share.

Calamos Advisors LLC cut its stake in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 3.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 119,064 shares of the company's stock after selling 4,592 shares during the period. Calamos Advisors LLC's holdings in GE Vernova were worth $113,169,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Alta Advisers Ltd raised its holdings in shares of GE Vernova by 85.8% during the third quarter. Alta Advisers Ltd now owns 1,936 shares of the company's stock valued at $1,840,000 after acquiring an additional 894 shares during the period. Westside Investment Management Inc. lifted its position in shares of GE Vernova by 9.4% in the 3rd quarter. Westside Investment Management Inc. now owns 697 shares of the company's stock valued at $677,000 after acquiring an additional 60 shares in the last quarter. Principle Wealth Partners LLC boosted its stake in GE Vernova by 6.1% in the 3rd quarter. Principle Wealth Partners LLC now owns 2,729 shares of the company's stock worth $2,595,000 after purchasing an additional 157 shares during the period. Kestra Advisory Services LLC boosted its stake in GE Vernova by 12.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 46,917 shares of the company's stock worth $44,594,000 after purchasing an additional 5,290 shares during the period. Finally, Claro Advisors Inc. boosted its stake in GE Vernova by 22.4% in the 3rd quarter. Claro Advisors Inc. now owns 1,302 shares of the company's stock worth $1,238,000 after purchasing an additional 238 shares during the period.

Wall Street Analysts Forecast Growth

GEV has been the topic of several recent analyst reports. Argus cut their target price on shares of GE Vernova from $1,300.00 to $1,100.00 and set a "buy" rating on the stock in a research note on Tuesday. Citigroup decreased their target price on GE Vernova from $1,125.00 to $1,000.00 and set a "neutral" rating for the company in a research report on Thursday, October 29th. William Blair reiterated an "outperform" rating on shares of GE Vernova in a report on Monday, August 3rd. HSBC raised GE Vernova from a "hold" rating to a "buy" rating and upped their price target for the company from $1,040.00 to $1,100.00 in a research report on Friday, October 30th. Finally, Susquehanna reduced their price objective on GE Vernova from $1,270.00 to $1,250.00 and set a "positive" rating for the company in a research note on Thursday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, GE Vernova has a consensus rating of "Moderate Buy" and a consensus target price of $1,144.20.

Key Stories Impacting 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

GE Vernova Stock Up 0.5%

Shares of NYSE GEV traded up $4.23 during mid-day trading on Friday, reaching $774.74. The company had a trading volume of 7,203,323 shares, compared to its average volume of 3,120,461. GE Vernova Inc. has a twelve month low of $530.16 and a twelve month 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 capitalization of $205.06 billion, a PE ratio of 20.33, a price-to-earnings-growth ratio of 2.92 and a beta of 1.25. The stock's 50 day moving average is $923.33 and its 200-day moving average is $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 (EPS) for the quarter, beating analysts' consensus estimates of $4.03 by $0.78. The firm had revenue of $12.64 billion during the quarter, compared to analysts' expectations of $11.99 billion. GE Vernova had a return on equity of 46.50% and a net margin of 23.54%. The business's revenue for the quarter was up 26.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.64 earnings per share. As a group, equities analysts anticipate that GE Vernova Inc. will post 16.13 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The company 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%.

GE Vernova 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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