Concord Wealth Partners Has $153,000 Stock Holdings in GE Vernova Inc. $GEV

14 Oct 2025, 06:42 by Teresa Graham · The Cerbat Gem

Concord Wealth Partners lifted its holdings in shares of GE Vernova Inc. (NYSE:GEV – Free Report) by 75.2% in the second quarter, HoldingsChannel reports. The institutional investor owned 289 shares of the company’s stock after buying an additional 124 shares during the period. Concord Wealth Partners’ holdings in GE Vernova were worth $153,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of GE Vernova during the 1st quarter worth about $912,000. Pines Wealth Management LLC acquired a new stake in GE Vernova in the 2nd quarter valued at about $408,000. Resona Asset Management Co. Ltd. lifted its stake in GE Vernova by 8.2% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 86,021 shares of the company’s stock valued at $26,229,000 after purchasing an additional 6,551 shares during the last quarter. Lockheed Martin Investment Management Co. acquired a new stake in GE Vernova in the 1st quarter valued at about $458,000. Finally, Golden State Wealth Management LLC lifted its stake in GE Vernova by 201.7% in the 1st quarter. Golden State Wealth Management LLC now owns 1,222 shares of the company’s stock valued at $373,000 after purchasing an additional 817 shares during the last quarter.

Insider Activity at GE Vernova

In other news, CFO Kenneth Scott Parks sold 3,300 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $620.00, for a total transaction of $2,046,000.00. Following the transaction, the chief financial officer directly owned 7,590 shares of the company’s stock, valued at approximately $4,705,800. This trade represents a 30.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on GEV. Seaport Res Ptn upgraded shares of GE Vernova to a “strong-buy” rating in a research note on Thursday, July 10th. Citigroup raised their target price on shares of GE Vernova from $544.00 to $670.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Wall Street Zen downgraded shares of GE Vernova from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Jefferies Financial Group raised their target price on shares of GE Vernova from $658.00 to $668.00 and gave the company a “hold” rating in a research note on Friday, September 12th. Finally, HSBC raised their target price on shares of GE Vernova from $570.00 to $580.00 and gave the company a “hold” rating in a research note on Friday, September 5th. Four investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $598.65.

Get Our Latest Analysis on GE Vernova

GE Vernova Stock Up 7.1%

GE Vernova stock opened at $647.23 on Tuesday. The stock has a market cap of $176.19 billion, a P/E ratio of 155.96, a P/E/G ratio of 4.38 and a beta of 1.72. GE Vernova Inc. has a twelve month low of $252.25 and a twelve month high of $677.29. The company’s 50-day moving average price is $619.32 and its two-hundred day moving average price is $513.65.

GE Vernova (NYSE:GEV – Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.23. The firm had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $8.78 billion. GE Vernova had a net margin of 3.16% and a return on equity of 13.23%. The business’s revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the firm earned $4.65 EPS. GE Vernova has set its FY 2025 guidance at EPS. Equities analysts anticipate that GE Vernova Inc. will post 6.59 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, October 20th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Monday, October 20th. GE Vernova’s dividend payout ratio is currently 24.10%.

GE Vernova Company Profile

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