Strs Ohio Has $110.88 Million Holdings in GE Vernova Inc. $GEV

Key Points

• Strs Ohio reduced its stake in GE Vernova by 9.4% to 169,654 shares valued at about $110.88 million, roughly 0.06% of the company.
• Market momentum is being driven by a sizable stake from Philippe Laffont (Coatue) and surging demand from AI/hyperscaler data‑center buildouts for GE Vernova’s gas turbines, helping push the stock to all‑time highs.
• GE Vernova reported a blockbuster quarter (EPS $17.44 vs. $1.95 expected) and has attracted analyst upgrades, resulting in a consensus rating of Moderate Buy with an average price target near $1,090.76.

Strs Ohio cut its holdings in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 9.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 169,654 shares of the company's stock after selling 17,595 shares during the quarter. Strs Ohio owned about 0.06% of GE Vernova worth $110,881,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of GEV. Jackson Grant Investment Advisers Inc. lifted its holdings in shares of GE Vernova by 344.4% during the third quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company's stock worth $25,000 after buying an additional 31 shares during the last quarter. Wealth Watch Advisors INC acquired a new position in shares of GE Vernova during the third quarter worth approximately $25,000. Torren Management LLC acquired a new position in shares of GE Vernova during the fourth quarter worth approximately $26,000. ORG Wealth Partners LLC lifted its holdings in shares of GE Vernova by 241.7% during the fourth quarter. ORG Wealth Partners LLC now owns 41 shares of the company's stock worth $27,000 after buying an additional 29 shares during the last quarter. Finally, Monetary Management Group Inc. acquired a new position in shares of GE Vernova during the second quarter worth approximately $32,000.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Billionaire Philippe Laffont (Coatue) has built a sizable stake in GEV ($~2.2B reported), drawing attention from momentum and institutional investors; his ownership and prior outperformance are cited as a catalyst for buying interest. Billionaire Philippe Laffont Is Buying GE Vernova (GEV) – Here’s Why
• Positive Sentiment: Analysts and outlets point to AI and hyperscaler data-center buildouts as a major demand driver for GE Vernova’s gas turbines and power equipment — a “pick‑and‑shovel” play that helped push the stock to all‑time highs. Here's How AI Data Center Spending Helped This Stock Pop to an All-Time High Today
• Positive Sentiment: Erste Group raised its FY2027 EPS estimate materially (to $24.02 from $22.15) and reiterates a strong‑buy view — an analyst upgrade that supports higher fundamental expectations. GE Vernova analyst note / MarketBeat
• Neutral Sentiment: Sector context: thematic ETF and industry writeups (e.g., VOLT/Tema Electrification coverage) note the structural grid upgrades and large power contracts from hyperscalers — tailwinds for the industry but not direct company-specific guidance. VOLT Investors: Here's the One Signal That Predicts Your Returns This Year
• Negative Sentiment: Zacks downgraded GE Vernova from “strong‑buy” to “hold,” creating near‑term selling pressure from investors who track Zacks ratings or use them in quant screens. Zacks.com downgrade
• Negative Sentiment: Technical/momentum coverage flagged signal strength but also raised “key concerns ahead,” which can trigger profit‑taking after the fast run‑up and make the stock more sensitive to negative news. GE Vernova NYSE: GEV Signal Strength but Raise Key Concerns Ahead

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Argus set a $1,300.00 price target on GE Vernova in a report on Monday. BNP Paribas Exane cut GE Vernova from an "outperform" rating to a "neutral" rating and set a $1,190.00 price objective on the stock. in a research report on Monday. Jefferies Financial Group boosted their price objective on GE Vernova from $965.00 to $1,350.00 and gave the company a "buy" rating in a research report on Friday, April 24th. BMO Capital Markets boosted their price objective on GE Vernova from $1,110.00 to $1,250.00 and gave the company an "outperform" rating in a research report on Thursday, April 23rd. Finally, Glj Research boosted their price objective on GE Vernova from $758.00 to $1,087.00 and gave the company a "buy" rating in a research report on Monday, January 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, GE Vernova presently has a consensus rating of "Moderate Buy" and an average price target of $1,090.76.

GE Vernova Stock Performance

GEV opened at $1,062.78 on Friday. The stock has a market cap of $285.59 billion, a PE ratio of 30.96, a P/E/G ratio of 4.06 and a beta of 1.51. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. GE Vernova Inc. has a 1 year low of $385.55 and a 1 year high of $1,181.95. The stock's 50 day simple moving average is $919.40 and its 200-day simple moving average is $744.21.

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

GE Vernova Dividend Announcement

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

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