NorthRock Partners LLC Has $3.91 Million Stock Position in GE Vernova Inc. $GEV

Key Points

• NorthRock Partners raised its stake in GE Vernova by 32.7%, owning 6,366 shares valued at about $3.91 million after the third quarter.
• GE Vernova posted a major earnings beat—$13.39 EPS vs. $2.99 expected and $10.96B revenue—with strong ROE, and announced a $0.50 quarterly dividend (ex-dividend March 17, pay April 14).
• Analysts have upgraded price targets on expectations of AI-driven gas-turbine demand and a large backlog (~$150B–$200B), but elevated valuation and recent gains increase the risk of short-term volatility.

NorthRock Partners LLC lifted its holdings in GE Vernova Inc. (NYSE:GEV - Free Report) by 32.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,366 shares of the company's stock after purchasing an additional 1,567 shares during the period. NorthRock Partners LLC's holdings in GE Vernova were worth $3,914,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Jackson Grant Investment Advisers Inc. raised its holdings in GE Vernova by 344.4% during the third quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company's stock valued at $25,000 after buying an additional 31 shares in the last quarter. Wealth Watch Advisors INC bought a new stake in shares of GE Vernova during the 3rd quarter worth about $25,000. Howard Hughes Medical Institute bought a new stake in shares of GE Vernova during the 2nd quarter worth about $31,000. Bay Harbor Wealth Management LLC increased its holdings in shares of GE Vernova by 537.5% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 51 shares of the company's stock valued at $31,000 after acquiring an additional 43 shares during the last quarter. Finally, Monetary Management Group Inc. acquired a new position in shares of GE Vernova during the 2nd quarter valued at about $32,000.

GE Vernova Stock Down 3.3%

Shares of NYSE:GEV opened at $804.45 on Friday. The company has a market cap of $216.82 billion, a price-to-earnings ratio of 45.19, a PEG ratio of 3.31 and a beta of 1.45. The business has a 50 day moving average price of $759.92 and a 200 day moving average price of $663.59. GE Vernova Inc. has a twelve month low of $252.25 and a twelve month high of $894.93.

GE Vernova (NYSE:GEV - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, topping the consensus estimate of $2.99 by $10.40. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The company had revenue of $10.96 billion for the quarter, compared to the consensus estimate of $10.21 billion. During the same period in the previous year, the business posted $1.73 EPS. The company's revenue for the quarter was up 3.8% on a year-over-year basis. Analysts anticipate that GE Vernova Inc. will post 6.59 EPS for the current year.

GE Vernova Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 17th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova's payout ratio is 11.24%.

GE Vernova News Roundup

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

• Positive Sentiment: Management and industry reports say gas-turbine demand is surging and the backlog is growing toward ~$200B by 2028, underpinning revenue visibility and analyst upgrades. GE Vernova Expands Power Role As AI And Grid Backlog Swell
• Positive Sentiment: Analysts have been raising estimates and targets on AI-driven gas-turbine demand and a reported ~$150B backlog, supporting momentum and revisions higher to revenue/earnings forecasts. A Look At GE Vernova (GEV) Valuation After AI Driven Upgrades And US$150b Backlog
• Positive Sentiment: High-profile bullish commentary from Jim Cramer (saying he likes the stock and would buy) can boost retail interest and liquidity in the short term. Jim Cramer on GE Vernova: "I like the stock very much"
• Neutral Sentiment: GE Vernova is expanding manufacturing and supply capacity (Vietnam, Italy, wind facilities) to meet demand — capex and execution will determine margin leverage and timing of revenue realization. Can GE Vernova's Capacity Expansion Power the Global Energy Transition?
• Negative Sentiment: Valuation and profitability concerns: independent analysis flags GEV's rich multiples versus industrial peers and weaker operating margins, suggesting limited upside if growth slows. That supports short-term profit-taking. Is GEV Stock A Better Pick Than Honeywell And Eaton?
• Negative Sentiment: High past gains and recent run-up (strong YTD performance) raise the risk of short-term volatility and pullbacks as some investors lock in gains despite long-term demand signals. GE Vernova: Road To $1,000 As Estimate Revisions Keep Climbing

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on GEV shares. Guggenheim upgraded GE Vernova from a "neutral" rating to a "buy" rating and set a $910.00 target price for the company in a report on Friday, January 30th. UBS Group reiterated a "buy" rating on shares of GE Vernova in a report on Thursday, January 29th. Rothschild & Co Redburn raised shares of GE Vernova from a "sell" rating to a "buy" rating and lifted their price target for the company from $560.00 to $1,100.00 in a research report on Monday, March 9th. Glj Research boosted their price objective on shares of GE Vernova from $758.00 to $1,087.00 and gave the stock a "buy" rating in a research note on Monday, January 12th. Finally, Royal Bank Of Canada upped their price objective on shares of GE Vernova from $761.00 to $800.00 and gave the stock an "outperform" rating in a report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $831.29.

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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