QRG Capital Management Inc. Reduces Stock Holdings in GE Vernova Inc. $GEV

Key Points

• QRG Capital Management reduced its stake in GE Vernova by 16.6% in Q4, selling 5,357 shares and holding 26,874 shares worth $17.56 million, according to its latest 13F filing.
• GE Vernova posted a blowout Q1 with $9.34 billion in revenue and $17.44 EPS (vs. $1.95 estimate) and disclosed roughly $13 billion of AI/data‑center‑linked orders plus sizable buybacks, supporting a guidance raise and stronger shareholder returns.
• Analyst sentiment is largely positive—several firms raised ratings and price targets (e.g., Barclays to $1,250), leaving MarketBeat’s consensus as a “Moderate Buy” with an average target of $1,090.76.

QRG Capital Management Inc. reduced its stake in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 16.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 26,874 shares of the company's stock after selling 5,357 shares during the quarter. QRG Capital Management Inc.'s holdings in GE Vernova were worth $17,564,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of GEV. J.W. Cole Advisors Inc. lifted its stake in 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 buying an additional 3,278 shares in the last quarter. Kercheville Advisors LLC lifted its position 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 worth $3,016,000 after purchasing an additional 3,455 shares in the last quarter. Rakuten Investment Management Inc. purchased a new stake in shares of GE Vernova in the third quarter worth approximately $18,601,000. US Bancorp DE lifted its position in shares of GE Vernova by 2.2% in the third quarter. US Bancorp DE now owns 100,542 shares of the company's stock worth $61,824,000 after purchasing an additional 2,163 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of GE Vernova by 0.6% in the third quarter. Vanguard Group Inc. now owns 24,815,463 shares of the company's stock worth $15,259,028,000 after purchasing an additional 150,892 shares in the last quarter.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Q1 beat and AI‑linked order momentum — GE Vernova reported very strong Q1 results (US$9.34B revenue, US$4.75B net income) with roughly US$13B of new orders tied to AI/data‑center demand and announced sizable buybacks that amplified EPS. This underpins the company's guidance raise and buyback‑driven shareholder returns. Should GE Vernova’s Record AI‑Linked Orders and Buybacks Prompt Action From GEV Investors?
• Positive Sentiment: AI data‑center capex lifts addressable market — Multiple pieces highlight how hyperscale AI spending (hundreds of billions in capex) is driving demand for power equipment, services and on‑site electricians — a direct tailwind to GE Vernova's backlog and service revenue. Electricians Are the New Must-Have for Data Centers. These Stocks Benefit.
• Positive Sentiment: Market and analyst interest — Research and trade pieces (MarketBeat, Altimetry) are naming GE Vernova a buy as AI power demand grows; press roundup and fund commentary note the stock’s re‑rating and growing investor attention. That can sustain momentum and multiple expansion. 3 Energy Stocks to Buy and 2 to Avoid as AI Power Demand Explodes
• Positive Sentiment: Geopolitics and energy transition narrative — Coverage from Business Times ties GEV’s rally to geopolitical shifts and the broader energy transition, strengthening investor conviction in durable order flow for turbines, generators and services. GE Vernova is riding geopolitics and AI for a spectacular surge
• Neutral Sentiment: Industry framing pieces highlight winners and spillover effects — Articles suggesting smaller renewable names could ride GEV’s tailwind and explaining how AI is reshaping power markets provide useful context but are broader and not company‑specific catalysts. These help sentiment but are indirect. As GEV Garners Attention Consider These 3 Renewable Energy Stocks Under $30
• Neutral Sentiment: Legal/contract dispute with Vineyard Wind — GE Vernova is publicly contesting Vineyard Wind’s claims that it would be harmed if GE exits the project. This is a legal/contract development worth monitoring for potential financial or reputational impacts, but its ultimate effect on orders or cash flow remains unclear. GE Vernova challenges Vineyard Wind’s claims of harm if it leaves project

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on GEV. Erste Group Bank raised shares of GE Vernova to a "strong-buy" rating in a research report on Tuesday, March 24th. Barclays increased their price target on shares of GE Vernova from $993.00 to $1,250.00 and gave the stock an "overweight" rating in a research report on Thursday, April 23rd. Wall Street Zen raised shares of GE Vernova from a "hold" rating to a "buy" rating in a research report on Saturday, January 31st. Wells Fargo & Company increased their price target on shares of GE Vernova from $831.00 to $896.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 31st. Finally, BNP Paribas Exane lowered shares of GE Vernova from an "outperform" rating to a "neutral" rating and set a $1,190.00 price target for the company. in a research report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, GE Vernova currently has an average rating of "Moderate Buy" and an average price target of $1,090.76.

GE Vernova Trading Up 1.1%

NYSE:GEV opened at $1,074.28 on Tuesday. The stock's 50 day moving average price is $919.40 and its 200 day moving average price is $745.60. GE Vernova Inc. has a 52 week low of $387.03 and a 52 week high of $1,181.95. The company has a market capitalization of $288.68 billion, a P/E ratio of 31.29, a P/E/G ratio of 3.98 and a beta of 1.51. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 0.89.

GE Vernova (NYSE:GEV - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $15.49. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The firm had revenue of $9.34 billion for the quarter, compared to the consensus estimate of $9.19 billion. During the same quarter in the prior year, the company posted $0.91 earnings per share. The firm's revenue was up 17.0% on a year-over-year basis. On average, research analysts forecast that GE Vernova Inc. will post 14.84 EPS for the current fiscal year.

GE Vernova Announces Dividend

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.