FORA Capital LLC Has $6.28 Million Holdings in GE Vernova Inc. $GEV

FORA Capital LLC cut its holdings in GE Vernova Inc. (NYSE:GEV) by 66.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,206 shares of the company’s stock after selling 20,227 shares during the period. GE Vernova makes up 1.1% of FORA Capital LLC’s investment portfolio, making the stock its 14th biggest holding. FORA Capital LLC’s holdings in GE Vernova were worth $6,276,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Jackson Grant Investment Advisers Inc. lifted its position in shares of GE Vernova by 344.4% in 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 3rd quarter valued at about $25,000. Howard Hughes Medical Institute bought a new position in shares of GE Vernova in the 2nd quarter valued at approximately $31,000. Bay Harbor Wealth Management LLC raised its stake in shares of GE Vernova by 537.5% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 51 shares of the company’s stock valued at $31,000 after acquiring an additional 43 shares in the last quarter. Finally, Monetary Management Group Inc. acquired a new stake in GE Vernova in the 2nd quarter worth approximately $32,000.

Analyst Ratings Changes

Several brokerages have commented on GEV. Wall Street Zen upgraded GE Vernova from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Erste Group Bank assumed coverage on shares of GE Vernova in a research note on Thursday, March 5th. They issued a “buy” rating for the company. Guggenheim raised shares of GE Vernova from a “neutral” rating to a “buy” rating and set a $910.00 price objective for the company in a report on Friday, January 30th. Morgan Stanley reiterated an “overweight” rating and issued a $817.00 target price on shares of GE Vernova in a research note on Monday, January 26th. Finally, Royal Bank Of Canada lifted their target price on shares of GE Vernova from $761.00 to $800.00 and gave the stock an “outperform” rating in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $831.29.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Management and industry reports say gas-turbine demand is surging and the backlog is growing toward ~$200B by 2028, underpinning revenue visibility and analyst upgrades. GE Vernova Expands Power Role As AI And Grid Backlog Swell
• Positive Sentiment: Analysts have been raising estimates and targets on AI-driven gas-turbine demand and a reported ~$150B backlog, supporting momentum and revisions higher to revenue/earnings forecasts. A Look At GE Vernova (GEV) Valuation After AI Driven Upgrades And US$150b Backlog
• Positive Sentiment: High-profile bullish commentary from Jim Cramer (saying he likes the stock and would buy) can boost retail interest and liquidity in the short term. Jim Cramer on GE Vernova: “I like the stock very much”
• Neutral Sentiment: GE Vernova is expanding manufacturing and supply capacity (Vietnam, Italy, wind facilities) to meet demand — capex and execution will determine margin leverage and timing of revenue realization. Can GE Vernova’s Capacity Expansion Power the Global Energy Transition?
• Negative Sentiment: Valuation and profitability concerns: independent analysis flags GEV’s rich multiples versus industrial peers and weaker operating margins, suggesting limited upside if growth slows. That supports short-term profit-taking. Is GEV Stock A Better Pick Than Honeywell And Eaton?
• Negative Sentiment: High past gains and recent run-up (strong YTD performance) raise the risk of short-term volatility and pullbacks as some investors lock in gains despite long-term demand signals. GE Vernova: Road To $1,000 As Estimate Revisions Keep Climbing

GE Vernova Stock Down 3.3%

Shares of GEV stock opened at $804.45 on Friday. GE Vernova Inc. has a 12 month low of $252.25 and a 12 month high of $894.93. The firm has a market cap of $216.82 billion, a PE ratio of 45.19, a price-to-earnings-growth ratio of 3.31 and a beta of 1.45. The stock has a 50 day moving average of $759.92 and a 200-day moving average of $663.59.

GE Vernova (NYSE:GEV) last announced its quarterly earnings data on Wednesday, January 28th. The company reported $13.39 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company posted $1.73 earnings per share. GE Vernova’s quarterly revenue was up 3.8% on a year-over-year basis. As a group, equities analysts predict that GE Vernova Inc. will post 6.59 EPS for the current fiscal year.

GE Vernova Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th will be given 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 dividend payout ratio (DPR) is currently 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.