Twin Peaks Capital Ltd Sells 5,487 Shares of GE Vernova Inc. $GEV

Key Points

• Twin Peaks Capital cut its GE Vernova stake by 54.9% in the second quarter, selling 5,487 shares and retaining 4,513 shares valued at approximately $5.3 million.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $1,145.83, though GLJ Research issued a contrarian $470 sell target citing valuation and growth concerns.
• GE Vernova’s shares recently traded at $925.79, while its latest quarterly revenue of $11.10 billion exceeded estimates but adjusted EPS of $2.47 missed consensus of $3.17.

Twin Peaks Capital Ltd reduced its stake in GE Vernova Inc. (NYSE:GEV - Free Report) by 54.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,513 shares of the company's stock after selling 5,487 shares during the quarter. GE Vernova accounts for 2.6% of Twin Peaks Capital Ltd's portfolio, making the stock its 9th largest position. Twin Peaks Capital Ltd's holdings in GE Vernova were worth $5,302,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of GE Vernova in the second quarter valued at about $25,569,630,000. State Street Corp lifted its stake in GE Vernova by 2.1% in the 4th quarter. State Street Corp now owns 11,469,670 shares of the company's stock valued at $7,496,232,000 after acquiring an additional 231,392 shares in the last quarter. Geode Capital Management LLC boosted its position in GE Vernova by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 6,249,193 shares of the company's stock worth $4,074,039,000 after acquiring an additional 68,894 shares during the last quarter. Bank of America Corp DE acquired a new position in GE Vernova during the 2nd quarter worth approximately $2,961,612,000. Finally, Bank of New York Mellon Corp bought a new position in shares of GE Vernova during the 2nd quarter worth approximately $2,497,472,000.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Guggenheim lifted their price objective on shares of GE Vernova from $1,300.00 to $1,450.00 and gave the company a "buy" rating in a report on Thursday, July 23rd. Wall Street Zen lowered shares of GE Vernova from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. TD Cowen boosted their price target on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. BMO Capital Markets restated an "outperform" rating on shares of GE Vernova in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. increased their price objective on shares of GE Vernova from $1,302.00 to $1,330.00 and gave the stock an "overweight" rating in a research note on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $1,145.83.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Bullish long-term outlook: One Wall Street analyst argues that GE Vernova could have as much as 65% upside, citing its substantial order book and the company’s exposure to rising electricity demand. Jefferies similarly said the company remains “wired to win,” with its installed base supporting recurring parts and services revenue. GE Vernova Gave Back Its Gains Since July
• Positive Sentiment: New Japanese wind order: GE Vernova will supply seven 4.2-megawatt turbines, totaling 29.4 MW, for Eurus Energy’s Hiyamizutouge wind farm. The contract reinforces its international renewable-energy pipeline, although the near-term financial impact was not disclosed. GE Vernova to supply 29.4 MW of wind capacity
• Positive Sentiment: Analyst support and Southeast Asia expansion: Bernstein reaffirmed an Outperform rating with a $1,298 target, while GE Vernova and Thailand’s B.Grimm Power signed agreements covering gas-turbine supply and broader power-infrastructure cooperation. GE Vernova and B.Grimm Power agreements
• Neutral Sentiment: Venezuela agreement has uncertain payoff: A newly announced project could create opportunities in generation and grid infrastructure, but its size and direct contribution to GE Vernova’s revenue remain unclear. GE Vernova Venezuela agreement
• Neutral Sentiment: Investors remain divided: Zacks highlighted heavy investor interest but stopped short of presenting a decisive buy case, while other coverage questioned whether the stock’s valuation is justified by expected cash flows.
• Negative Sentiment: Contrarian sell rating remains an overhang: GLJ Research initiated coverage with a Sell rating and a $470 target, citing a 2027 EBITDA estimate 22% below consensus. The call intensified concerns that GE Vernova’s valuation assumes overly optimistic growth. GLJ Research initiates coverage at Sell
• Negative Sentiment: AI-spending concerns continue: Calls from AI-industry leaders for slower development have raised fears that power demand and data-center infrastructure spending could moderate, pressuring the broader grid-equipment sector.

GE Vernova Stock Performance

NYSE:GEV traded up $42.98 on Wednesday, hitting $925.79. The company's stock had a trading volume of 1,776,384 shares, compared to its average volume of 2,678,160. GE Vernova Inc. has a one year low of $530.16 and a one year high of $1,195.94. The firm has a market capitalization of $246.57 billion, a P/E ratio of 26.50, a price-to-earnings-growth ratio of 4.07 and a beta of 1.15. The stock has a fifty day moving average of $989.60 and a two-hundred day moving average of $983.93. 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 (NYSE:GEV - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing the consensus estimate of $3.17 by ($0.70). The business had revenue of $11.10 billion for 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 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. Research analysts predict that GE Vernova Inc. will post 15.36 earnings per share for the current year.

GE Vernova Profile

GE Vernova Inc NYSE: GEV is an energy technology company that provides equipment, software and services for electricity generation, transmission and distribution. Its portfolio is designed to support power systems across a range of energy sources, including natural gas, nuclear, hydroelectric, wind and solar power, as well as battery storage.

The company operates through three primary businesses: Power, Wind and Electrification. Power supplies gas and steam turbines, generators, nuclear power technologies, hydroelectric equipment and related maintenance services.

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