GE Vernova Inc. $GEV Position Trimmed by Barometer Capital Management Inc.

Barometer Capital Management Inc. cut its stake in shares of GE Vernova Inc. (NYSE:GEV) by 12.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,887 shares of the company’s stock after selling 3,374 shares during the quarter. GE Vernova makes up approximately 3.6% of Barometer Capital Management Inc.’s holdings, making the stock its 2nd biggest position. Barometer Capital Management Inc.’s holdings in GE Vernova were worth $14,067,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nemes Rush Group LLC boosted its position in shares of GE Vernova by 17.0% in the third quarter. Nemes Rush Group LLC now owns 323 shares of the company’s stock worth $199,000 after purchasing an additional 47 shares during the period. Financial Life Planners bought a new position in GE Vernova in the 3rd quarter worth $63,000. RiverPark Advisors LLC purchased a new stake in GE Vernova in the 3rd quarter worth $42,000. NCP Inc. increased its stake in GE Vernova by 4.7% in the 3rd quarter. NCP Inc. now owns 1,123 shares of the company’s stock worth $691,000 after buying an additional 50 shares in the last quarter. Finally, Mackenzie Financial Corp raised its holdings in GE Vernova by 6.8% during the third quarter. Mackenzie Financial Corp now owns 70,501 shares of the company’s stock valued at $43,351,000 after acquiring an additional 4,510 shares during the period.

GE Vernova News Roundup

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

• Positive Sentiment: CEO: backlog to hit $200B by 2028 — Management told investors the gas-turbine and power order backlog is expected to exceed $200 billion by 2028, driven by demand for gas turbines, new wind and nuclear projects and international growth; that outlook supports multi-year revenue visibility. GE Vernova gas turbine backlog to reach $200B by 2028, CEO says
• Positive Sentiment: Expanded grid footprint — GE Vernova completed a ~$5.3B grid acquisition that broadens its transmission & distribution capabilities, complementing turbine sales and giving more recurring infrastructure exposure. This vertical integration can boost aftermarket and project revenue. GE Vernova Expands Power Role As AI And Grid Backlog Swell
• Positive Sentiment: Production ramp to meet AI/data-center demand — CEO Scott Strazik said GE Vernova is accelerating gas-turbine output; as one of only three global makers of large gas turbines, higher production capacity supports near-term order fulfillment and revenue recognition. GE Vernova’s Strazik: Accelerating Gas Turbine Output
• Positive Sentiment: Analyst upgrades lift sentiment — Rothschild & Co (Redburn) upgraded GEV to Buy (double upgrade reported), which has driven short‑term buying and helped the stock join momentum conversations with other AI-power beneficiaries. Rothschild & Co Redburn Upgrades GE Vernova (NYSE:GEV) to Buy
• Neutral Sentiment: Market/rally coverage and index inclusion — Coverage notes GEV’s strong YTD performance and inclusion in the S&P 100, which can increase passive flows but also focuses scrutiny on execution and growth cadence. GE Vernova Joins S&P 100 As AI Power Demand Draws Focus
• Negative Sentiment: Valuation and downside risk — Commentators warn that GEV is richly valued after its rally; a high P/E and elevated expectations leave limited room for misses. Investors should weigh execution risk and margin/inflection timing versus current multiples. 1 High-Flying Stock to Own for Decades and 2 We Turn Down

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. BMO Capital Markets reaffirmed an “outperform” rating and issued a $785.00 price objective on shares of GE Vernova in a research note on Thursday, January 29th. Morgan Stanley reissued an “overweight” rating and set a $817.00 target price on shares of GE Vernova in a research note on Monday, January 26th. Jefferies Financial Group reissued a “buy” rating and issued a $930.00 price target on shares of GE Vernova in a report on Thursday, January 29th. Evercore upped their price target on GE Vernova from $860.00 to $905.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Finally, Erste Group Bank assumed coverage on shares of GE Vernova in a research report on Thursday, March 5th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, GE Vernova presently has an average rating of “Moderate Buy” and a consensus target price of $831.29.

GE Vernova Trading Up 0.9%

Shares of GEV opened at $846.90 on Thursday. The firm has a fifty day moving average price of $753.85 and a 200-day moving average price of $661.00. The firm has a market capitalization of $228.26 billion, a P/E ratio of 47.58, a P/E/G ratio of 3.34 and a beta of 1.45. GE Vernova Inc. has a 12-month low of $252.25 and a 12-month high of $894.93.

GE Vernova (NYSE:GEV) last announced its quarterly earnings results on Wednesday, January 28th. The company reported $13.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $10.40. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The firm had revenue of $10.96 billion during the quarter, compared to analyst estimates of $10.21 billion. During the same quarter in the previous year, the business earned $1.73 earnings per share. GE Vernova’s quarterly revenue was up 3.8% on a year-over-year basis. Analysts predict that GE Vernova Inc. will post 6.59 earnings per share for the current 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 paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date is Tuesday, March 17th. GE Vernova’s payout ratio is 11.24%.

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.