North Dakota State Investment Board Purchases Shares of 9,377 GE Vernova Inc. $GEV

Key Points

• North Dakota State Investment Board bought a new stake in GE Vernova during the fourth quarter, purchasing 9,377 shares worth about $6.13 million.
• Institutional interest remains strong, with firms like Vanguard, State Street, Northern Trust, Northwestern Mutual, and Invesco all increasing their GE Vernova holdings.
• GE Vernova continues to attract bullish analyst coverage; the stock has a consensus rating of “Moderate Buy” with an average price target of $1,090.76, while recent earnings also beat expectations sharply.

North Dakota State Investment Board purchased a new stake in shares of GE Vernova Inc. (NYSE:GEV - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,377 shares of the company's stock, valued at approximately $6,129,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. raised its holdings in GE Vernova by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 25,023,625 shares of the company's stock valued at $16,354,691,000 after acquiring an additional 208,162 shares during the period. State Street Corp raised its holdings in GE Vernova by 1.3% during the third quarter. State Street Corp now owns 11,238,278 shares of the company's stock valued at $6,910,417,000 after acquiring an additional 140,500 shares during the period. Northern Trust Corp raised its holdings in GE Vernova by 1.8% during the third quarter. Northern Trust Corp now owns 2,877,458 shares of the company's stock valued at $1,769,349,000 after acquiring an additional 51,738 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in GE Vernova by 5,171.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,452,858 shares of the company's stock valued at $1,603,114,000 after acquiring an additional 2,406,326 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of GE Vernova by 7.1% in the third quarter. Invesco Ltd. now owns 2,375,738 shares of the company's stock worth $1,460,841,000 after purchasing an additional 158,481 shares during the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on GEV shares. China Renaissance raised GE Vernova to a "strong-buy" rating in a report on Thursday, January 29th. JPMorgan Chase & Co. lifted their target price on GE Vernova from $1,000.00 to $1,150.00 and gave the stock an "overweight" rating in a report on Thursday, April 16th. BNP Paribas Exane cut GE Vernova from an "outperform" rating to a "neutral" rating and set a $1,190.00 target price on the stock. in a report on Monday, April 27th. UBS Group reaffirmed a "buy" rating on shares of GE Vernova in a report on Thursday, January 29th. Finally, Royal Bank Of Canada lifted their target price on GE Vernova from $996.00 to $1,195.00 and gave the stock an "outperform" rating in a report on Thursday, April 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $1,090.76.

GE Vernova Trading Down 0.0%

GEV opened at $1,048.74 on Monday. The firm has a market cap of $281.82 billion, a P/E ratio of 30.55, a P/E/G ratio of 3.93 and a beta of 1.51. GE Vernova Inc. has a 12 month low of $421.64 and a 12 month high of $1,181.95. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. The stock has a 50-day moving average of $957.76 and a 200 day moving average of $775.95.

GE Vernova (NYSE:GEV - Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, topping the consensus estimate of $1.95 by $15.49. The company 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 firm's revenue was up 17.0% on a year-over-year basis. During the same quarter last year, the business posted $0.91 earnings per share. As a group, research analysts forecast that GE Vernova Inc. will post 14.84 EPS for the current year.

GE Vernova Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Tuesday, March 17th were given a $0.50 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova's dividend payout ratio (DPR) is currently 5.83%.

More GE Vernova News

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

• Positive Sentiment: GE Vernova’s recent “blowout” earnings continue to support bullish sentiment, with investors viewing the results as evidence that the company is benefiting from strong demand, improved execution, and a growing backlog. Article Title
• Positive Sentiment: Argus raised its price target on GE Vernova to $1,300 and kept a Buy rating after the company’s strong quarter, reinforcing the view that the stock can still re-rate higher if growth stays strong. Article Title
• Positive Sentiment: GE Vernova and Blue Energy announced a major U.S. nuclear-and-gas power plant collaboration, highlighting the company’s role in solving rising electricity demand from AI data centers and new industrial loads. Article Title
• Positive Sentiment: Recent coverage also points to strong orders, global project wins, and a faster path toward a $200 billion backlog target, all of which support the bull case for GE Vernova’s power and electrification businesses. Article Title
• Neutral Sentiment: The broader market backdrop was relatively calm, with indexes holding near highs, so GEV’s move appears more tied to company-specific catalysts than to a sector-wide risk-off shift. Article Title
• Negative Sentiment: Some analysts caution that GE Vernova’s premium valuation and potential tariff-related costs could limit upside, suggesting the stock may be vulnerable if growth expectations cool. Article Title

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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