Mackenzie Financial Corp Purchases 4,510 Shares of GE Vernova Inc. $GEV

Key Points

• Mackenzie Financial Corp increased its stake in GE Vernova (NYSE:GEV) by 6.8%, buying 4,510 shares to hold 70,501 shares worth about $43.35 million at the end of the quarter.
• GE Vernova posted a blowout quarter—EPS $13.39 vs. $2.99 expected and revenue of $10.96B—and management says the gas‑turbine backlog will top $200 billion by 2028 while expanding manufacturing capacity to meet rising demand.
• Wall Street sentiment has turned positive (Rothschild & Co/Redburn upgraded to Buy with targets up to $1,100 and a consensus target around $831), though the stock trades at a rich P/E ~46.7 and yields only 0.2%.

Mackenzie Financial Corp lifted its position in GE Vernova Inc. (NYSE:GEV - Free Report) by 6.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,501 shares of the company's stock after purchasing an additional 4,510 shares during the quarter. Mackenzie Financial Corp's holdings in GE Vernova were worth $43,351,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of GEV. Jackson Grant Investment Advisers Inc. boosted its position in shares of GE Vernova by 344.4% during the 3rd quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company's stock valued at $25,000 after acquiring an additional 31 shares in the last quarter. Bay Harbor Wealth Management LLC lifted its stake in GE Vernova by 537.5% during the third quarter. Bay Harbor Wealth Management LLC now owns 51 shares of the company's stock worth $31,000 after purchasing an additional 43 shares during the period. Elevation Wealth Partners LLC lifted its stake in GE Vernova by 47.2% during the third quarter. Elevation Wealth Partners LLC now owns 53 shares of the company's stock worth $33,000 after purchasing an additional 17 shares during the period. Deseret Mutual Benefit Administrators boosted its holdings in GE Vernova by 112.0% during the third quarter. Deseret Mutual Benefit Administrators now owns 53 shares of the company's stock valued at $33,000 after purchasing an additional 28 shares in the last quarter. Finally, Howard Hughes Medical Institute acquired a new stake in GE Vernova during the second quarter valued at approximately $31,000.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: Q4 results and lifted 2026 guidance pushed some bears to turn bullish; Seeking Alpha highlights accelerating estimate revisions and tight gas‑turbine supply through 2028 (and reports 2029–30 slots are nearly sold out), supporting a higher long‑term target. GE Vernova: Road To $1,000 As Estimate Revisions Keep Climbing
• Positive Sentiment: Rothschild & Co / Redburn upgraded GEV to Buy and raised price targets (one firm cited a $1,100 target), a clear catalyst for optimism and higher bid interest. Rothschild & Co Redburn Upgrades GE Vernova
• Positive Sentiment: Management says gas‑turbine backlog will exceed $200B by 2028 and the company is accelerating turbine output; coupled with a $5.3B grid acquisition, this supports higher revenue visibility and execution leverage. GE Vernova gas turbine backlog to reach $200B by 2028, CEO says
• Positive Sentiment: GEV is expanding manufacturing capacity (Vietnam, Italy, new wind facilities) to meet surging demand for grid, electrification and power equipment — a structural growth story for energy transition investors. Can GE Vernova's Capacity Expansion Power the Global Energy Transition?
• Positive Sentiment: Public endorsements (e.g., Jim Cramer saying he likes GEV and suggested a share split) add retail visibility and can buoy sentiment/volume. Jim Cramer: I like GE Vernova very much, they should split it
• Neutral Sentiment: Geopolitical energy risk (Middle East) is renewing interest in nuclear and baseload solutions, a sector tailwind that could indirectly benefit GEV’s power‑equipment franchise. Nuclear ETFs in Spotlight as Middle East Conflict Intensifies Energy Crisis
• Neutral Sentiment: Academic and industry partnerships (e.g., MIT LGO program relationships) are supportive for talent and innovation but are long‑term rather than near‑term price drivers. MIT Leaders for Global Operations announces partnerships
• Negative Sentiment: Several pieces note GEV’s rich valuation (high trailing and forward P/E); after a strong rally investors may be trimming positions, so short‑term weakness can reflect profit‑taking rather than deteriorating fundamentals. Is GE Vernova Inc. (GEV) A Good Stock To Buy Now?

GE Vernova Price Performance

Shares of GEV opened at $830.82 on Friday. The company has a market capitalization of $223.93 billion, a P/E ratio of 46.68, a PEG ratio of 3.37 and a beta of 1.45. GE Vernova Inc. has a one year low of $252.25 and a one year high of $894.93. The business's 50 day simple moving average is $757.40 and its 200-day simple moving average is $662.18.

GE Vernova (NYSE:GEV - Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The company reported $13.39 earnings per share for the quarter, beating analysts' consensus estimates of $2.99 by $10.40. The firm had revenue of $10.96 billion during the quarter, compared to analysts' expectations of $10.21 billion. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The business's revenue was up 3.8% on a year-over-year basis. During the same period last year, the firm posted $1.73 EPS. On average, sell-side analysts anticipate that GE Vernova Inc. will post 6.59 EPS for the current fiscal year.

GE Vernova Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 17th will be paid a $0.50 dividend. The ex-dividend date is 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 11.24%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on GEV shares. Wall Street Zen raised GE Vernova from a "hold" rating to a "buy" rating in a report on Saturday, January 31st. Barclays reaffirmed an "overweight" rating and issued a $849.00 price target on shares of GE Vernova in a research note on Monday, February 2nd. Rothschild & Co Redburn upgraded GE Vernova from a "sell" rating to a "buy" rating and upped their price target for the company from $560.00 to $1,100.00 in a research report on Monday. Oppenheimer reiterated an "outperform" rating on shares of GE Vernova in a research note on Thursday, January 29th. Finally, Erste Group Bank began coverage on GE Vernova in a report on Thursday, March 5th. They set a "buy" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, GE Vernova presently has an average rating of "Moderate Buy" and a consensus price target of $831.29.

GE Vernova Company Profile

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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