Grandfield & Dodd LLC Has $5.28 Million Holdings in GE Vernova Inc. $GEV

Grandfield & Dodd LLC decreased its position in GE Vernova Inc. (NYSE:GEV) by 11.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,584 shares of the company’s stock after selling 1,089 shares during the quarter. Grandfield & Dodd LLC’s holdings in GE Vernova were worth $5,278,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Synergy Asset Management LLC raised its stake in GE Vernova by 300.0% in the third quarter. Synergy Asset Management LLC now owns 1,884 shares of the company’s stock valued at $1,078,000 after purchasing an additional 1,413 shares in the last quarter. Kercheville Advisors LLC increased its holdings in GE Vernova by 238.3% in the 3rd quarter. Kercheville Advisors LLC now owns 4,905 shares of the company’s stock valued at $3,016,000 after buying an additional 3,455 shares during the period. Dupree Financial Group LLC acquired a new position in shares of GE Vernova in the 2nd quarter valued at approximately $253,000. Rakuten Investment Management Inc. bought a new stake in shares of GE Vernova during the 3rd quarter worth approximately $18,601,000. Finally, Nordea Investment Management AB boosted its position in shares of GE Vernova by 136.1% during the 3rd quarter. Nordea Investment Management AB now owns 561,213 shares of the company’s stock worth $341,038,000 after acquiring an additional 323,481 shares in the last quarter.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: J.P. Morgan reiterated a Buy on GEV, which supports demand from institutional investors and can help underpin the stock. J.P. Morgan Remains a Buy on GE Vernova Inc. (GEV)
• Positive Sentiment: Zacks highlights GEV’s progress on small modular reactors and steadier fundamentals versus peers, arguing SMR execution and a diversified energy portfolio give GE Vernova an edge for longer-term growth. SMR vs. GEV: Which Small Modular Reactor Stock is a Better Pick?
• Positive Sentiment: CEO Scott Strazik said at Davos that the AI boom is shifting GEV’s customer mix toward high-demand compute and data-center projects, which could lift equipment and service revenue over time. AI Boom Changing GE Vernova’s Customer Mix, CEO Says
• Neutral Sentiment: GE Vernova named Eric Gray CEO of its Power segment after Mavi Zingoni’s resignation — an operational leadership change to monitor for execution continuity but not an immediate directional signal. GE Vernova Names Eric Gray CEO of Power Segment
• Neutral Sentiment: Elevated investor interest and searches around GEV may increase short-term volatility; attention alone doesn’t indicate direction but signals potential higher volume around upcoming catalysts. Investors Heavily Search GE Vernova Inc. (GEV): Here is What You Need to Know
• Neutral Sentiment: GE Vernova is expected to report quarterly earnings soon — this is the next near-term catalyst that could move the stock depending on guidance and margin trends. GE Vernova (GEV) Expected to Announce Quarterly Earnings on Wednesday
• Negative Sentiment: Press coverage notes the stock recently underperformed and “sank” as markets gained, reflecting profit-taking after a rally and sensitivity to valuation — GEV trades at a high P/E which raises expectations for strong execution. GE Vernova Inc. stock falls Wednesday, underperforms market GE Vernova (GEV) stock sinks as market gains: What you should know

Analysts Set New Price Targets

Several equities research analysts have weighed in on GEV shares. The Goldman Sachs Group upped their target price on GE Vernova from $735.00 to $840.00 and gave the stock a “buy” rating in a research note on Tuesday, December 16th. Rothschild Redb downgraded shares of GE Vernova from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 15th. Morgan Stanley boosted their target price on shares of GE Vernova from $710.00 to $822.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 16th. Bank of America upped their target price on GE Vernova from $725.00 to $804.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, UBS Group lifted their price target on shares of GE Vernova from $760.00 to $835.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $701.62.

GE Vernova Stock Performance

Shares of GEV opened at $661.01 on Friday. GE Vernova Inc. has a 52-week low of $252.25 and a 52-week high of $731.00. The business’s 50 day moving average price is $637.58 and its two-hundred day moving average price is $615.75. The firm has a market cap of $179.35 billion, a PE ratio of 107.66, a price-to-earnings-growth ratio of 2.82 and a beta of 1.67.

GE Vernova (NYSE:GEV) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $1.64 earnings per share for the quarter, missing the consensus estimate of $1.72 by ($0.08). GE Vernova had a net margin of 4.52% and a return on equity of 17.07%. The company had revenue of $9.97 billion during the quarter, compared to the consensus estimate of $9.15 billion. During the same period last year, the firm posted ($0.35) earnings per share. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. Research analysts predict that GE Vernova Inc. will post 6.59 EPS for the current fiscal year.

GE Vernova Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 5th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, January 5th. This represents a $2.00 dividend on an annualized basis and a yield of 0.3%. This is an increase from GE Vernova’s previous quarterly dividend of $0.25. GE Vernova’s dividend payout ratio is presently 32.57%.

GE Vernova 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.