HB Wealth Management LLC Grows Position in GE Vernova Inc. $GEV

Key Points

• HB Wealth Management increased its position in GE Vernova by 9.2% in Q4 to 14,218 shares, valued at about $9.29 million after purchasing an additional 1,192 shares.
• GE Vernova delivered a massive Q1 beat (EPS $17.44 vs. $1.95 consensus) and raised guidance, citing accelerating data‑center demand, which prompted multiple analyst price‑target increases and broad buy ratings.
• The company announced a $0.50 quarterly dividend ($2.00 annualized, ~0.2% yield) and is trading near 12‑month highs with a market cap of roughly $309.5 billion and a PE of 33.5.

HB Wealth Management LLC increased its position in GE Vernova Inc. (NYSE:GEV - Free Report) by 9.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,218 shares of the company's stock after purchasing an additional 1,192 shares during the quarter. HB Wealth Management LLC's holdings in GE Vernova were worth $9,293,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Synergy Asset Management LLC lifted its stake in shares of GE Vernova by 300.0% in the 3rd quarter. Synergy Asset Management LLC now owns 1,884 shares of the company's stock valued at $1,078,000 after purchasing an additional 1,413 shares during the period. J.W. Cole Advisors Inc. lifted its stake in shares of GE Vernova by 25.3% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 16,247 shares of the company's stock valued at $9,990,000 after purchasing an additional 3,278 shares during the period. Kercheville Advisors LLC lifted its stake in shares of GE Vernova by 238.3% in the 3rd quarter. Kercheville Advisors LLC now owns 4,905 shares of the company's stock valued at $3,016,000 after purchasing an additional 3,455 shares during the period. Rakuten Investment Management Inc. purchased a new position in shares of GE Vernova in the 3rd quarter valued at approximately $18,601,000. Finally, US Bancorp DE lifted its stake in shares of GE Vernova by 2.2% in the 3rd quarter. US Bancorp DE now owns 100,542 shares of the company's stock valued at $61,824,000 after purchasing an additional 2,163 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Barclays raised their price objective on GE Vernova from $993.00 to $1,250.00 and gave the company an "overweight" rating in a research report on Thursday. Wells Fargo & Company raised their price objective on GE Vernova from $831.00 to $896.00 and gave the company an "overweight" rating in a research report on Tuesday, March 31st. JPMorgan Chase & Co. raised their price objective on GE Vernova from $1,000.00 to $1,150.00 and gave the company an "overweight" rating in a research report on Thursday, April 16th. TD Cowen raised their price objective on GE Vernova from $780.00 to $1,220.00 and gave the company a "buy" rating in a research report on Thursday. Finally, Guggenheim raised their price objective on GE Vernova from $910.00 to $1,300.00 and gave the company a "buy" rating in a research report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, GE Vernova has an average rating of "Buy" and a consensus target price of $1,041.57.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Q1 beat and guidance raise: GEV reported much stronger‑than‑expected Q1 results and lifted its annual revenue forecast, with management citing accelerating demand from data centers as a key driver. GE Vernova lifts annual revenue forecast on data center demand
• Positive Sentiment: Massive earnings beat and FCF/guide lift: The company reported a huge EPS beat and raised guidance, which analysts and outlets say is driven by surging data‑center orders and record free cash flow. That surprise beat is the primary reason the stock is rising. GE Vernova Beats Earnings by 790% as Data Center Demand Explodes
• Positive Sentiment: AI/data‑center tailwind: Multiple outlets highlight that Big Tech data‑center buildouts for AI are materially lifting demand for GEV’s power equipment and electrification products, underpinning durable revenue upside. GE Vernova Stock Soars to New Highs. Its Sales Are Being Boosted by Big Tech's Data Center Buildout
• Positive Sentiment: Backlog & bookings strength: Order growth and backlog expanded sharply (multiple reports cite significant GW bookings in Gas Power and large electrification/data‑center orders), supporting margin expansion and medium‑term revenue visibility. GE Vernova Q1: 75x Earnings And Still Not Expensive Enough
• Positive Sentiment: Analyst upgrades and higher targets: Several firms (TD Cowen, Robert W. Baird, Oppenheimer) raised price targets and reiterated buy/outperform views after the print, adding upward pressure to the share price. GE Vernova (GEV) – Among the Best US Stocks to Invest in for Long Term
• Neutral Sentiment: Featured in long‑term stock lists: Editorials and screeners have added GEV to “best long‑term” and renewable/AI supply‑chain lists — supportive for sentiment but not a direct fundamental catalyst. GE Vernova (GEV) – Among the Best US Stocks to Invest in for Long Term
• Negative Sentiment: Segment headwinds and risk disclosures: The company flagged challenges in its Wind segment on the call, and its recently filed 10‑K added a new regulation‑related risk; these are potential drags if persistent. GE Vernova Is Setting Records. This Might Be the Most Surprising One. Why Investors Should Scrutinize GE Vernova’s 2025 10-K Risk Factors

GE Vernova Stock Up 2.1%

GEV stock opened at $1,151.01 on Friday. GE Vernova Inc. has a twelve month low of $337.31 and a twelve month high of $1,181.95. The company has a quick ratio of 0.73, a current ratio of 0.89 and a debt-to-equity ratio of 0.19. The firm has a market cap of $309.46 billion, a PE ratio of 33.53, a price-to-earnings-growth ratio of 4.36 and a beta of 1.43. The business has a 50 day moving average of $890.83 and a 200 day moving average of $727.35.

GE Vernova (NYSE:GEV - Get Free Report) last posted its earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $15.49. The business had revenue of $9.34 billion during the quarter, compared to analyst estimates of $9.19 billion. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The company's quarterly revenue was up 17.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.91 EPS. On average, research analysts forecast that GE Vernova Inc. will post 14.37 EPS for the current fiscal year.

GE Vernova Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th were issued a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova's dividend payout ratio (DPR) is presently 11.24%.

About GE Vernova

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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