GE Vernova Inc. $GEV Stock Position Boosted by Citizens Financial Group Inc. RI

Key Points

• Citizens Financial Group increased its GE Vernova stake by 138.3% in the third quarter, bringing its holdings to 16,912 shares valued at approximately $16.1 million. Several other institutional investors also initiated or expanded positions.
• GE Vernova reported quarterly revenue of $11.10 billion, above estimates, but earnings per share of $2.47 missed the $3.17 consensus. The stock opened at $814.37, below its 50-day and 200-day moving averages.
• Analysts maintain a generally positive view, with a consensus rating of “Moderate Buy” and an average price target of $1,164.87. The company also declared a quarterly dividend of $0.50 per share, representing a 0.2% yield.

Citizens Financial Group Inc. RI raised its position in GE Vernova Inc. (NYSE:GEV - Free Report) by 138.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,912 shares of the company's stock after purchasing an additional 9,816 shares during the quarter. Citizens Financial Group Inc. RI's holdings in GE Vernova were worth $16,074,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of GEV. Parvin Asset Management LLC acquired a new position in shares of GE Vernova during the second quarter worth about $32,000. Pingora Partners LLC bought a new position in shares of GE Vernova during the second quarter worth about $36,000. Manning & Napier Advisors LLC raised its position in GE Vernova by 68.4% in the 1st quarter. Manning & Napier Advisors LLC now owns 32 shares of the company's stock valued at $26,000 after buying an additional 13 shares during the last quarter. IMG Wealth Management Inc. acquired a new stake in GE Vernova in the 2nd quarter valued at approximately $39,000. Finally, Miller Global Investments LLC raised its position in GE Vernova by 63.6% in the 2nd quarter. Miller Global Investments LLC now owns 36 shares of the company's stock valued at $42,000 after buying an additional 14 shares during the last quarter.

GE Vernova Stock Performance

Shares of GEV opened at $814.37 on Friday. The firm has a 50-day moving average of $947.07 and a 200-day moving average of $1,000.96. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94. The company has a market cap of $216.89 billion, a PE ratio of 23.31, a price-to-earnings-growth ratio of 2.82 and a beta of 1.14. 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 (NYSE:GEV - Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing the consensus estimate of $3.17 by ($0.70). The firm 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 firm's revenue for the quarter was up 21.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.86 earnings per share. As a group, equities analysts forecast that GE Vernova Inc. will post 15.04 earnings per share for the current year.

GE Vernova Announces Dividend

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

GE Vernova News Summary

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

Analyst Upgrades and Downgrades

GEV has been the subject of a number of recent research reports. Jefferies Financial Group reaffirmed a "buy" rating and set a $1,185.00 price target (up from $1,155.00) on shares of GE Vernova in a research report on Thursday, September 17th. William Blair reaffirmed an "outperform" rating on shares of GE Vernova in a research note on Monday, August 3rd. President Capital lifted their price objective on shares of GE Vernova from $1,368.00 to $1,398.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Susquehanna cut 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 report on Wednesday, October 14th. Finally, Sanford C. Bernstein restated an "outperform" rating and set a $1,298.00 target price (up from $1,206.00) on shares of GE Vernova in a report on Tuesday, September 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, GE Vernova currently has an average rating of "Moderate Buy" and a consensus price target of $1,164.87.

GE Vernova Company Profile

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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