Rakuten Investment Management Inc. Purchases New Holdings in GE Vernova Inc. $GEV

Key Points

• Rakuten Investment Management acquired 44,108 GE Vernova shares during the second quarter, worth approximately $48.6 million, while several other institutions modestly increased their positions.
• GE Vernova shares opened at $912.32 after trading down 4.4%. The company beat revenue expectations but missed quarterly EPS estimates, reporting $2.47 versus the $3.17 consensus.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $1,133.15 price target. Growth prospects include grid-modernization contracts and HVDC expansion, though a CFO transition and insider selling add near-term uncertainty.

Rakuten Investment Management Inc. acquired a new position in GE Vernova Inc. (NYSE:GEV - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 44,108 shares of the company's stock, valued at approximately $48,630,000.

Other institutional investors have also added to or reduced their stakes in the company. Onyx Bridge Wealth Group LLC lifted its stake in shares of GE Vernova by 1.3% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 727 shares of the company's stock worth $635,000 after acquiring an additional 9 shares during the last quarter. Red Door Wealth Management LLC grew its position in GE Vernova by 0.6% in the 1st quarter. Red Door Wealth Management LLC now owns 1,774 shares of the company's stock valued at $1,548,000 after acquiring an additional 10 shares during the last quarter. Advance Capital Management Inc. grew its position in GE Vernova by 2.2% in the 1st quarter. Advance Capital Management Inc. now owns 461 shares of the company's stock valued at $402,000 after acquiring an additional 10 shares during the last quarter. Alpha Financial Partners LLC increased its stake in GE Vernova by 2.0% in the first quarter. Alpha Financial Partners LLC now owns 514 shares of the company's stock worth $449,000 after purchasing an additional 10 shares during the period. Finally, Sandy Cove Advisors LLC lifted its position in shares of GE Vernova by 2.6% during the second quarter. Sandy Cove Advisors LLC now owns 389 shares of the company's stock worth $457,000 after purchasing an additional 10 shares during the last quarter.

Insider Activity

In related news, CEO Victor Abate sold 4,819 shares of the business's stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the completion of the transaction, the chief executive officer owned 1,835 shares in the company, valued at $1,739,726.80. The trade was a 72.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.21% of the stock is currently owned by insiders.

Key GE Vernova News

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

• Positive Sentiment: HVDC joint venture expands growth prospects: GE Vernova announced a partnership with South Korea’s LS Electric to pursue voltage-source-converter HVDC projects. The venture could strengthen GEV’s position in a fast-growing market driven by grid modernization, renewable-power integration and rising electricity demand. GE Vernova’s New JV Could Unlock its Next Big Growth Engine
• Positive Sentiment: New U.K. grid contract adds backlog: GE Vernova was selected to supply a 400-kilovolt gas-insulated switchgear substation in Chesterfield, England, as part of National Grid’s Great Grid Upgrade. The award reinforces demand for GEV’s transmission equipment and exposure to long-term grid investment. GE Vernova secures 400 kV substation contract for UK grid upgrade
• Positive Sentiment: Demand outlook remains constructive: Recent coverage argues that GE Vernova’s businesses may be sold out through 2030, while AI-related data-center electricity demand and broader power shortages could support future orders. These themes bolster the long-term growth case, although they are largely forward-looking. GE Vernova: Sold Out Through 2030 Can AI Power Demand Drive Growth?
• Neutral Sentiment: Positive media commentary offers limited direct support: Jim Cramer continues to view GEV favorably because of its nuclear exposure and delivery visibility, but the commentary does not represent a change in earnings guidance or fundamentals. GE Vernova Isn’t A Great Short, Jim Cramer Said
• Negative Sentiment: CFO succession creates near-term uncertainty: GE Vernova’s announcement of a CFO transition may prompt investors to seek clarity on financial controls, capital allocation and execution. The move also coincided with Rivian’s CFO departing to join GEV, highlighting the leadership change but not necessarily signaling an operational problem. GE Vernova Announces CFO Transition and Leadership Succession

GE Vernova Trading Down 4.4%

GEV opened at $912.32 on Friday. The firm has a market cap of $242.98 billion, a price-to-earnings ratio of 26.11, a PEG ratio of 3.28 and a beta of 1.21. The company has a current ratio of 0.85, a quick ratio of 0.62 and a debt-to-equity ratio of 0.21. GE Vernova Inc. has a 12 month low of $530.16 and a 12 month high of $1,195.94. The stock has a fifty day moving average price of $1,031.82 and a 200-day moving average price of $974.36.

GE Vernova (NYSE:GEV - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing analysts' consensus estimates of $3.17 by ($0.70). The firm had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The business's revenue for the quarter was up 21.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.86 earnings per share. As a group, equities research analysts anticipate that GE Vernova Inc. will post 15.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on GEV. William Blair reaffirmed an "outperform" rating on shares of GE Vernova in a research note on Monday, August 3rd. BMO Capital Markets restated an "outperform" rating on shares of GE Vernova in a research note on Friday, August 7th. TD Cowen lifted their price target on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the company a "buy" rating in a research note on Thursday, July 23rd. Weiss Ratings reiterated a "buy (b)" rating on shares of GE Vernova in a report on Tuesday, July 21st. Finally, Jefferies Financial Group reissued a "buy" rating on shares of GE Vernova in a research note on Monday, July 27th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,133.15.

GE Vernova 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.

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