AIA Group Ltd Decreases Position in GE Vernova Inc. $GEV

AIA Group Ltd trimmed its stake in GE Vernova Inc. (NYSE:GEV) by 22.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,683 shares of the company’s stock after selling 1,892 shares during the period. AIA Group Ltd’s holdings in GE Vernova were worth $4,109,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Keel Point LLC raised its holdings in GE Vernova by 2.5% during the 3rd quarter. Keel Point LLC now owns 1,785 shares of the company’s stock valued at $1,098,000 after buying an additional 43 shares during the period. Hudson Bay Capital Management LP boosted its stake in GE Vernova by 314.4% during the third quarter. Hudson Bay Capital Management LP now owns 15,130 shares of the company’s stock worth $9,303,000 after buying an additional 11,479 shares during the period. Allworth Financial LP increased its position in GE Vernova by 21.2% during the third quarter. Allworth Financial LP now owns 8,425 shares of the company’s stock valued at $5,181,000 after acquiring an additional 1,476 shares during the last quarter. CMC Financial Group bought a new position in GE Vernova during the third quarter valued at $311,000. Finally, Groupama Asset Managment raised its stake in shares of GE Vernova by 9.6% in the third quarter. Groupama Asset Managment now owns 119,019 shares of the company’s stock valued at $73,185,000 after acquiring an additional 10,392 shares during the period.

Key GE Vernova News

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

• Positive Sentiment: Management raised its 2028 revenue and cash-flow outlook, citing stronger backlog growth and durable order momentum across power, wind and electrification — a direct catalyst for higher valuation and investor confidence. GE Vernova (GEV) Is Up 5.4% After Raising 2028 Outlook On AI-Driven Power Demand
• Positive Sentiment: Order backlog and demand for gas turbines have surged (backlog cited around 83 GW), boosting multi-year revenue visibility as data centers and electrification projects drive capacity additions. Can GEV Capitalize on the Exploding Power Demand From AI Data Centers?
• Positive Sentiment: Completed divestiture of Proficy to form Velotic (TPG-backed) clarifies GE Vernova’s strategy — keeps the company focused on hardware, turbines and grid solutions while still benefiting from software-driven demand indirectly. That simplification is attractive to investors valuing pure-play energy businesses. GE Vernova Refines Energy Focus As Proficy Joins Velotic AI Platform
• Positive Sentiment: Market context: spinoff/single-focus companies (including GEV) have outperformed the S&P 500 recently, supporting better multiples for GE Vernova as investors reward clearer, focused businesses. Spinoff Stocks Beat the S&P 500 While Conglomerate Shares Fall Behind
• Positive Sentiment: Sector tailwinds: infrastructure ETFs and investors are reallocating to electrification and data-center power plays, which benefits GE Vernova’s end markets. Beyond Tech: How Infrastructure ETFs are Cashing in on the AI Supercycle
• Neutral Sentiment: GE Vernova presented at the BofA Global Industrials conference (transcript available), providing detail on strategy and execution — useful for analysts but not an immediate price mover on its own. GE Vernova Inc. (GEV) Presents at Bank of America Global Industrials Conference 2026 Transcript
• Neutral Sentiment: Analysts maintain a generally constructive view (consensus “Moderate Buy”), which supports the rally but limits surprise to future guidance/earnings. GE Vernova Inc. (NYSE:GEV) Receives Consensus Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Increased media and retail attention (Zacks, Fool, Cramer mentions) is amplifying momentum—more noise than a standalone fundamental driver, but it can magnify moves on earnings or guidance updates. GE Vernova (GEV) Up In Triple Digit Percentages After Jim Cramer Said It Wasn’t Done In January 2025

Wall Street Analysts Forecast Growth

GEV has been the subject of a number of recent analyst reports. Glj Research lifted their price target on shares of GE Vernova from $758.00 to $1,087.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Evercore increased their price objective on shares of GE Vernova from $860.00 to $905.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. China Renaissance raised shares of GE Vernova to a “strong-buy” rating in a research note on Thursday, January 29th. William Blair restated an “outperform” rating on shares of GE Vernova in a research report on Wednesday, December 10th. Finally, UBS Group reiterated a “buy” rating on shares of GE Vernova in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $831.29.

GE Vernova Price Performance

GEV stock opened at $874.43 on Friday. GE Vernova Inc. has a 1-year low of $252.25 and a 1-year high of $894.93. The business has a 50-day moving average price of $774.76 and a 200 day moving average price of $669.84. The company has a market capitalization of $235.68 billion, a P/E ratio of 49.13, a PEG ratio of 3.42 and a beta of 1.45.

GE Vernova (NYSE:GEV) last posted its earnings results on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $10.40. GE Vernova had a net margin of 12.83% and a return on equity of 46.91%. The business had revenue of $10.96 billion for the quarter, compared to the consensus estimate of $10.21 billion. During the same quarter last year, the firm posted $1.73 EPS. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, analysts anticipate that GE Vernova Inc. will post 6.59 earnings per share for the current fiscal year.

GE Vernova Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th will be issued a dividend of $0.50 per share. The ex-dividend date is 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 11.24%.

About GE Vernova

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.