Truist Financial Corp Buys 1,861 Shares of GE Vernova Inc. $GEV

Key Points

• Truist Financial Corp increased its stake by 2.4%, buying an additional 1,861 shares for a total holding of 79,299 shares valued at about $51.83 million per its latest 13F filing.
• GE Vernova posted a massive Q1 beat — $17.44 EPS vs. $1.95 expected with $9.34 billion in revenue — and cited sizable AI‑linked orders plus an aggressive buyback program that support a bullish outlook.
• Several large institutions (Capital World Investors, Franklin Resources, Jennison, SG Americas) materially raised positions, while analysts have lifted targets and issued mostly Buy ratings, leaving a consensus view of a Moderate Buy with an average target near $1,090.76.

Truist Financial Corp grew its stake in GE Vernova Inc. (NYSE:GEV - Free Report) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 79,299 shares of the company's stock after purchasing an additional 1,861 shares during the period. Truist Financial Corp's holdings in GE Vernova were worth $51,827,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Capital World Investors grew its position in GE Vernova by 1,907.5% during the 3rd quarter. Capital World Investors now owns 2,156,197 shares of the company's stock worth $1,325,842,000 after acquiring an additional 2,048,792 shares during the last quarter. Franklin Resources Inc. grew its position in GE Vernova by 170.0% during the 3rd quarter. Franklin Resources Inc. now owns 1,175,729 shares of the company's stock worth $722,956,000 after acquiring an additional 740,339 shares during the last quarter. Jennison Associates LLC grew its position in GE Vernova by 1,300.4% during the 4th quarter. Jennison Associates LLC now owns 647,791 shares of the company's stock worth $423,377,000 after acquiring an additional 601,533 shares during the last quarter. SG Americas Securities LLC grew its position in GE Vernova by 10,288.6% during the 4th quarter. SG Americas Securities LLC now owns 418,661 shares of the company's stock worth $273,624,000 after acquiring an additional 414,631 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in GE Vernova by 66.0% during the 2nd quarter. Raymond James Financial Inc. now owns 944,567 shares of the company's stock worth $499,817,000 after acquiring an additional 375,677 shares during the last quarter.

Trending Headlines about GE Vernova

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

• Positive Sentiment: Q1 results showed a big EPS beat, rising revenue and sizable AI‑linked orders plus an aggressive buyback program — supports higher earnings per share and cash‑flow expectations. Should GE Vernova’s Record AI‑Linked Orders and Buybacks Prompt Action From GEV Investors?
• Positive Sentiment: Blue Energy and GE Vernova announced a paired 2.5 GW gas‑plus‑nuclear project aimed at meeting near‑term AI power demand — a strategic, high‑visibility partnership that expands GEV’s addressable market in U.S. baseload and hybrid plants. Blue Energy and GE Vernova Accelerate Gas‑Plus‑Nuclear Approach for Powering American Communities and Fueling Global AI Leadership
• Positive Sentiment: Multiple industry pieces argue the “real AI trade” is power equipment (substations, transformers, turbines), reinforcing durable demand tailwinds for GE Vernova’s product and service backlog. Industrial‑Strength Rally: Why Caterpillar Is Up 53% and GE Vernova Is Up 65% in 2026
• Positive Sentiment: GE Vernova won a pumped‑storage hydro order in India (nine 150 MW units), signaling international equipment and services demand beyond U.S. data‑center work. GE Vernova to deliver pumped storage technology for Indian hydropower plant
• Neutral Sentiment: Analyst and investor writeups are adding GEV to “AI‑power” and energy‑transition buy lists, increasing investor attention but not guaranteeing further operational upside. 3 Energy Stocks to Buy and 2 to Avoid as AI Power Demand Explodes
• Negative Sentiment: Labor and contractor constraints — notably a shortage of qualified electricians and specialized contractors — are being flagged as potential bottlenecks that could slow project delivery and erode near‑term revenue recognition. How a Shortage of Electricians Could Derail the AI Boom
• Negative Sentiment: GE Vernova is involved in a dispute over Vineyard Wind claims — a legal/contractual fight that creates project execution and reputational risk on that offshore wind engagement. GE Vernova challenges Vineyard Wind’s claims of harm if it leaves project

GE Vernova Stock Up 2.0%

Shares of GEV opened at $1,095.87 on Wednesday. The firm has a market capitalization of $294.48 billion, a price-to-earnings ratio of 31.92, a PEG ratio of 4.02 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. The business's fifty day moving average price is $924.72 and its two-hundred day moving average price is $748.97. GE Vernova Inc. has a 52 week low of $387.03 and a 52 week high of $1,181.95.

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

GE Vernova Dividend Announcement

The company also recently disclosed 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 (DPR) is presently 5.83%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Guggenheim increased their price target on GE Vernova from $910.00 to $1,300.00 and gave the stock a "buy" rating in a research report on Thursday, April 23rd. Glj Research increased their price target on GE Vernova from $758.00 to $1,087.00 and gave the stock a "buy" rating in a research report on Monday, January 12th. Rothschild & Co Redburn upgraded GE Vernova from a "sell" rating to a "buy" rating and increased their price target for the stock from $560.00 to $1,100.00 in a research report on Monday, March 9th. Erste Group Bank upgraded GE Vernova to a "strong-buy" rating in a research report on Tuesday, March 24th. Finally, Citigroup increased their price target on GE Vernova from $779.00 to $1,110.00 and gave the stock a "neutral" rating in a research report on Monday, April 13th. Two 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 company. According to MarketBeat.com, GE Vernova has an average rating of "Moderate Buy" and an average target price of $1,090.76.

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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