Mn Services Vermogensbeheer B.V. Buys 1,200 Shares of GE Vernova Inc. $GEV

by · The Markets Daily

Mn Services Vermogensbeheer B.V. boosted its stake in shares of GE Vernova Inc. (NYSE:GEV – Free Report) by 1.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 79,492 shares of the company’s stock after buying an additional 1,200 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in GE Vernova were worth $75,556,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in GEV. Auto Owners Insurance Co grew its position in GE Vernova by 110,973.4% in the fourth quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company’s stock worth $2,278,224,000 after acquiring an additional 34,826,773 shares during the period. BlackRock Inc. purchased a new stake in GE Vernova during the second quarter worth about $25,569,630,000. Bank of America Corp DE acquired a new stake in GE Vernova during the 2nd quarter worth approximately $2,961,612,000. Bank of New York Mellon Corp acquired a new stake in shares of GE Vernova in the second quarter valued at $2,497,472,000. Finally, Jupiter Topco LLC purchased a new position in shares of GE Vernova in the 2nd quarter valued at about $2,371,538,000.

Trending Headlines about GE Vernova

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

  • Positive Sentiment: Wood Mackenzie said four-hour battery storage is now more economical than gas peaker plants across global markets. In North America, data-center growth, gas-turbine backlogs and fuel-price volatility are strengthening the long-term investment case for storage and renewables—areas that could support GE Vernova’s power-generation and grid businesses. 4-hour storage cheaper than gas peakers across global markets: WoodMac
  • Positive Sentiment: GE Vernova’s sold-out gas turbines make it a key supplier to data centers that need dependable electricity, giving investors exposure to the AI infrastructure buildout without being a direct AI software investment. Its growing backlog provides additional revenue visibility. GE Vernova Isn’t an AI Stock. It’s the Reason AI Stocks Work.
  • Positive Sentiment: Investors continue to highlight nuclear expansion, services growth and the former GE energy division’s role in meeting rising power demand. Fisher Asset Management also substantially increased its GE Vernova position, signaling strong institutional conviction. GE Vernova Surges 9.4% in a Month: Hold or Fold the Stock? Why Billionaire Ken Fisher Went Big on GE Vernova
  • Neutral Sentiment: GE Vernova plans to double its MIT internships and permanent hires in 2027. The move may strengthen its engineering talent pipeline, but it is unlikely to materially affect near-term earnings. GE Vernova to Double the Number of MIT Interns and Permanent Hires in 2027
  • Negative Sentiment: Analysts and commentators warn that GE Vernova’s roughly 70% one-year run has left the shares at a premium valuation, increasing the risk that future returns depend on converting its backlog into cash flow. Supply constraints, tariffs and execution risks could also pressure results. GE Vernova Stock Appears Overvalued Following Its 70% Run
  • Negative Sentiment: GE Vernova recently underperformed the broader market in a down session, reinforcing concerns about profit-taking and elevated expectations even as its longer-term outlook remains favorable. GE Vernova Dips More Than Broader Market

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on GEV shares. BMO Capital Markets reaffirmed an “outperform” rating and set a $1,250.00 price objective (up from $1,110.00) on shares of GE Vernova in a research report on Friday, August 7th. Morgan Stanley lowered shares of GE Vernova from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. Guggenheim raised their price target on GE Vernova from $1,300.00 to $1,450.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. BNP Paribas Exane dropped their price objective on shares of GE Vernova from $1,190.00 to $1,090.00 and set a “neutral” rating on the stock in a research note on Thursday, August 20th. Finally, President Capital boosted their target price on GE Vernova from $1,368.00 to $1,398.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, GE Vernova presently has a consensus rating of “Moderate Buy” and an average price target of $1,171.87.

Get Our Latest Stock Analysis on GEV

GE Vernova Trading Up 0.2%

Shares of GEV opened at $998.73 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62. The firm has a 50 day simple moving average of $967.51 and a 200-day simple moving average of $998.61. The stock has a market cap of $265.99 billion, a price-to-earnings ratio of 28.58, a price-to-earnings-growth ratio of 3.48 and a beta of 1.14. GE Vernova Inc. has a 1-year low of $530.16 and a 1-year high of $1,195.94.

GE Vernova (NYSE:GEV – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.17 by ($0.70). GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The company had revenue of $11.10 billion during the quarter, compared to analysts’ expectations of $10.79 billion. During the same quarter in the prior year, the company earned $1.86 earnings per share. The firm’s revenue was up 21.9% compared to the same quarter last year. Equities analysts forecast that GE Vernova Inc. will post 14.93 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, October 27th. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio (DPR) is 5.72%.

GE Vernova Company Profile

(Free Report)

GE Vernova Inc (NYSE: GEV) is an energy technology company formed through the separation of General Electric’s energy businesses in April 2024. The company is focused on helping generate, transmit, distribute and store electricity as power systems adapt to rising demand and the transition toward lower-carbon energy sources.

GE Vernova operates across three principal business areas: Power, Wind and Electrification. Its products and services include gas and steam power generation equipment, nuclear and hydropower technologies, onshore and offshore wind turbines, wind services, grid equipment, electrification systems, energy storage solutions and software used to monitor and manage energy infrastructure.

The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world.

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