Mather Group LLC. Buys 2,227 Shares of GE Vernova Inc. $GEV

Key Points

• Mather Group increased its GE Vernova stake by 24.6% in the third quarter, buying 2,227 additional shares for a total holding of 11,287 shares valued at approximately $10.7 million.
• GE Vernova reported strong revenue growth of 21.9% year over year, but quarterly EPS of $2.47 fell short of the $3.17 analyst consensus. The company also announced a quarterly dividend of $0.50 per share, representing a 0.2% yield.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and average price target of $1,164.87, though some analysts have downgraded the stock amid valuation concerns and recent share-price weakness.

Mather Group LLC. increased its stake in GE Vernova Inc. (NYSE:GEV - Free Report) by 24.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,287 shares of the company's stock after buying an additional 2,227 shares during the quarter. Mather Group LLC.'s holdings in GE Vernova were worth $10,729,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Manning & Napier Advisors LLC raised its stake in shares of GE Vernova by 68.4% in the first quarter. Manning & Napier Advisors LLC now owns 32 shares of the company's stock valued at $26,000 after acquiring an additional 13 shares during the period. Parvin Asset Management LLC bought a new stake in shares of GE Vernova in the 2nd quarter worth about $32,000. Monetary Solutions Ltd purchased a new position in shares of GE Vernova during the 4th quarter worth about $35,000. Strategic Wealth Advisors LLC purchased a new position in shares of GE Vernova during the 2nd quarter worth about $35,000. Finally, Pingora Partners LLC purchased a new position in shares of GE Vernova during the 2nd quarter worth about $36,000.

GE Vernova Stock Performance

GEV stock opened at $939.83 on Thursday. GE Vernova Inc. has a twelve month low of $530.16 and a twelve month high of $1,195.94. The firm has a market cap of $250.31 billion, a price-to-earnings ratio of 51.54, a PEG ratio of 3.48 and a beta of 1.14. The business's fifty day simple moving average is $965.61 and its two-hundred day simple moving average is $1,001.12. The company has a quick ratio of 0.62, a current ratio of 0.85 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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.17 by ($0.70). The company had revenue of $11.10 billion for the quarter, compared to analysts' expectations of $10.79 billion. GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The firm's revenue for the quarter was up 21.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.86 earnings per share. Analysts predict that GE Vernova Inc. will post 15.04 earnings per share for the current year.

GE Vernova Announces Dividend

The business also recently disclosed 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%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on GEV shares. BMO Capital Markets reiterated an "outperform" rating and set a $1,250.00 price target (up from $1,110.00) on shares of GE Vernova in a report on Friday, August 7th. Wall Street Zen downgraded shares of GE Vernova from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. Morgan Stanley downgraded shares of GE Vernova from an "overweight" rating to an "underweight" rating in a research note on Monday, August 3rd. TD Cowen boosted their target price on GE Vernova from $1,220.00 to $1,235.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. Finally, Oppenheimer boosted their target price on GE Vernova from $1,303.00 to $1,338.00 and gave the company an "outperform" rating in a research report on Thursday, July 23rd. 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 company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $1,164.87.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: GE Vernova’s backlog has reached approximately $176 billion, supported by 88% organic order growth in the second quarter. Strong free cash flow and high-margin gas-turbine services revenue could benefit results as electricity demand from AI data centers rises. Got $5,000? 2 Stocks Supplying the AI Data Center Power Crunch
• Positive Sentiment: Susquehanna maintained a positive rating while trimming its price target modestly to $1,270, implying substantial upside from recent trading levels. Guggenheim also reaffirmed its buy rating with a $1,450 target, reinforcing favorable analyst sentiment.
• Positive Sentiment: The company is scheduled to report third-quarter 2026 financial results on October 28, providing a near-term catalyst for investors to assess order momentum, cash generation and execution. GE Vernova to announce third quarter 2026 financial results on October 28
• Neutral Sentiment: Citi maintained its hold rating, suggesting analysts remain constructive on the business but are cautious about the stock’s valuation and expectations.
• Neutral Sentiment: Speculation about a potential stock split highlights GE Vernova’s strong share-price appreciation, but a split would not change the company’s underlying value or fundamentals. Stock-Split Watch: Is GE Vernova Next?
• Negative Sentiment: GE Vernova shares have fallen from their year-to-date high into bear-market territory, signaling profit-taking and weakening momentum after a substantial earlier rally. GE Vernova stock has suffered a big pullback
• Negative Sentiment: The latest session saw GE Vernova underperform the broader market. Investors are questioning whether the backlog and AI-power opportunity can justify the stock’s elevated earnings multiple, cited by one report at roughly 66 times earnings. GE Vernova Registers a Bigger Fall Than the Market

GE Vernova Profile

GE Vernova Inc NYSE: GEV is an energy technology company formed through the separation of General Electric's energy businesses in April 2024. The company is focused on helping generate, transmit, distribute and store electricity as power systems adapt to rising demand and the transition toward lower-carbon energy sources.

GE Vernova operates across three principal business areas: Power, Wind and Electrification. Its products and services include gas and steam power generation equipment, nuclear and hydropower technologies, onshore and offshore wind turbines, wind services, grid equipment, electrification systems, energy storage solutions and software used to monitor and manage energy infrastructure.

The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world.

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