NorthCrest Asset Manangement LLC Has $4.93 Million Stock Holdings in GE Vernova Inc. $GEV

Key Points

• NorthCrest Asset Management increased its position in GE Vernova by 341.9% in Q4 to 7,239 shares, worth about $4.93 million at quarter end.
• GE Vernova reported a huge earnings beat (Qtr EPS $13.39 vs. $2.99 est.; revenue $10.96B vs. $10.21B) and highlights a strong gas‑turbine backlog (~83 GW) driven by AI/data‑center demand that improves revenue visibility.
• Analysts have grown more bullish—multiple upgrades and raised price targets—leaving a consensus rating of “Moderate Buy” with a consensus target of about $831.29.

NorthCrest Asset Manangement LLC grew its position in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 341.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,239 shares of the company's stock after buying an additional 5,601 shares during the period. NorthCrest Asset Manangement LLC's holdings in GE Vernova were worth $4,929,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Synergy Asset Management LLC increased its holdings in GE Vernova by 300.0% in the 3rd quarter. Synergy Asset Management LLC now owns 1,884 shares of the company's stock worth $1,078,000 after purchasing an additional 1,413 shares in the last quarter. J.W. Cole Advisors Inc. boosted its stake in shares of GE Vernova by 25.3% during the third 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 in the last quarter. Kercheville Advisors LLC increased its stake in shares of GE Vernova by 238.3% in the third quarter. Kercheville Advisors LLC now owns 4,905 shares of the company's stock valued at $3,016,000 after buying an additional 3,455 shares during the period. Rakuten Investment Management Inc. bought a new position in GE Vernova in the 3rd quarter valued at approximately $18,601,000. Finally, US Bancorp DE boosted its position in GE Vernova by 2.2% during the 3rd quarter. US Bancorp DE now owns 100,542 shares of the company's stock worth $61,824,000 after buying an additional 2,163 shares during the period.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on GEV shares. Guggenheim upgraded shares of GE Vernova from a "neutral" rating to a "buy" rating and set a $910.00 price target for the company in a research report on Friday, January 30th. Glj Research increased their price objective on GE Vernova from $758.00 to $1,087.00 and gave the company a "buy" rating in a report on Monday, January 12th. Evercore raised their target price on GE Vernova from $860.00 to $905.00 and gave the stock an "outperform" rating in a research report on Thursday, January 29th. China Renaissance upgraded GE Vernova to a "strong-buy" rating in a research report on Thursday, January 29th. Finally, The Goldman Sachs Group upped their price target on GE Vernova from $840.00 to $925.00 and gave the company a "buy" rating in a research report on Thursday, January 29th. 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.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $831.29.

GE Vernova News Summary

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

• Positive Sentiment: Huge nuclear commitment: GE Vernova and Hitachi’s combined ~$40 billion SMR investment would materially expand long-term U.S. nuclear demand for reactors and services, reinforcing decades‑long revenue visibility for GE Vernova’s nuclear-related equipment and services. GE Vernova and Hitachi's $40 Billion SMR Investment Signals a New Era for U.S. Nuclear Energy
• Positive Sentiment: AI/data-center driven turbine demand: Analysts and coverage highlight surging gas‑turbine orders as hyperscale AI data centers boost power demand; backlog has jumped (reported ~83 GW), improving near‑term revenue visibility and supporting higher medium‑term growth assumptions. Can GEV Capitalize on the Exploding Power Demand From AI Data Centers?
• Positive Sentiment: Upgraded outlook and strategic focus: GE Vernova raised its 2028 revenue and cash‑flow outlook on stronger backlog and order momentum across power, wind and electrification, and completed the Proficy divestiture (Velotic) to concentrate on core hardware/grid solutions — a message investors often reward. GE Vernova (GEV) Is Up 5.4% After Raising 2028 Outlook On AI-Driven Power Demand
• Neutral Sentiment: Proficy → Velotic spinout: The newly formed Velotic (TPG-backed) will carry the industrial software/AI business; this simplifies GE Vernova’s portfolio but removes a growing software cash flow stream — a tradeoff between clarity and diversification. GE Vernova Refines Energy Focus As Proficy Joins Velotic AI Platform
• Neutral Sentiment: Market attention and retail/analyst chatter: Multiple outlets and commentators (Zacks, Yahoo, Jim Cramer mentions) are driving elevated interest and volatility in GEV; attention can amplify both rallies and pullbacks. Can GEV Capitalize on the Exploding Power Demand From AI Data Centers?
• Negative Sentiment: Profit‑taking and valuation risk: Despite upbeat operational news, the stock has run sharply (large trailing gains and coverage of spinoff winners) and trades at a high P/E, so some investors are locking in gains — press coverage notes spinoff/separation-related outperformance that may have already been priced in. Spinoff Stocks Beat the S&P 500 While Conglomerate Shares Fall Behind

GE Vernova Trading Down 3.0%

Shares of GEV opened at $851.43 on Monday. The stock has a market capitalization of $229.48 billion, a P/E ratio of 47.83, a price-to-earnings-growth ratio of 3.39 and a beta of 1.44. The firm's fifty day simple moving average is $779.34 and its two-hundred day simple moving average is $672.80. GE Vernova Inc. has a 12 month low of $252.25 and a 12 month high of $894.93.

GE Vernova (NYSE:GEV - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The company reported $13.39 earnings per share for the quarter, topping the consensus estimate of $2.99 by $10.40. The firm had revenue of $10.96 billion during the quarter, compared to analyst estimates of $10.21 billion. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The business's quarterly revenue was up 3.8% on a year-over-year basis. During the same period last year, the company posted $1.73 EPS. As a group, research analysts predict 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. Investors of record on Tuesday, March 17th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is 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 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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