AIA Group Ltd Cuts Stock Position in GE Vernova Inc. $GEV

AIA Group Ltd cut its position in GE Vernova Inc. (NYSE:GEV) by 22.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,683 shares of the company’s stock after selling 1,892 shares during the quarter. AIA Group Ltd’s holdings in GE Vernova were worth $4,109,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Synergy Asset Management LLC lifted its holdings in shares of GE Vernova by 300.0% during the third quarter. Synergy Asset Management LLC now owns 1,884 shares of the company’s stock worth $1,078,000 after purchasing an additional 1,413 shares during the period. J.W. Cole Advisors Inc. boosted its position in GE Vernova by 25.3% in the third quarter. J.W. Cole Advisors Inc. now owns 16,247 shares of the company’s stock valued at $9,990,000 after buying an additional 3,278 shares during 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 worth $3,016,000 after buying an additional 3,455 shares during the period. Rakuten Investment Management Inc. purchased a new position in GE Vernova during the 3rd quarter worth approximately $18,601,000. Finally, US Bancorp DE raised its position in GE Vernova by 2.2% during the 3rd quarter. US Bancorp DE now owns 100,542 shares of the company’s stock worth $61,824,000 after buying an additional 2,163 shares during the last quarter.

GE Vernova Trading Up 1.9%

Shares of GEV opened at $874.43 on Friday. The firm has a market cap of $235.68 billion, a P/E ratio of 49.13, a PEG ratio of 3.42 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. The stock’s 50 day moving average is $774.76 and its two-hundred day moving average is $669.84.

GE Vernova (NYSE:GEV) last announced its 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 for the quarter, compared to analyst estimates of $10.21 billion. During the same quarter last year, the firm posted $1.73 EPS. The business’s revenue was up 3.8% on a year-over-year basis. Equities research analysts forecast that GE Vernova Inc. will post 6.59 EPS for the current year.

GE Vernova Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, March 17th. GE Vernova’s dividend payout ratio (DPR) is presently 11.24%.

Key GE Vernova News

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

• Positive Sentiment: Management raised its 2028 revenue and cash-flow outlook, citing stronger backlog growth and durable order momentum across power, wind and electrification — a direct catalyst for higher valuation and investor confidence. GE Vernova (GEV) Is Up 5.4% After Raising 2028 Outlook On AI-Driven Power Demand
• Positive Sentiment: Order backlog and demand for gas turbines have surged (backlog cited around 83 GW), boosting multi-year revenue visibility as data centers and electrification projects drive capacity additions. Can GEV Capitalize on the Exploding Power Demand From AI Data Centers?
• Positive Sentiment: Completed divestiture of Proficy to form Velotic (TPG-backed) clarifies GE Vernova’s strategy — keeps the company focused on hardware, turbines and grid solutions while still benefiting from software-driven demand indirectly. That simplification is attractive to investors valuing pure-play energy businesses. GE Vernova Refines Energy Focus As Proficy Joins Velotic AI Platform
• Positive Sentiment: Market context: spinoff/single-focus companies (including GEV) have outperformed the S&P 500 recently, supporting better multiples for GE Vernova as investors reward clearer, focused businesses. Spinoff Stocks Beat the S&P 500 While Conglomerate Shares Fall Behind
• Positive Sentiment: Sector tailwinds: infrastructure ETFs and investors are reallocating to electrification and data-center power plays, which benefits GE Vernova’s end markets. Beyond Tech: How Infrastructure ETFs are Cashing in on the AI Supercycle
• Neutral Sentiment: GE Vernova presented at the BofA Global Industrials conference (transcript available), providing detail on strategy and execution — useful for analysts but not an immediate price mover on its own. GE Vernova Inc. (GEV) Presents at Bank of America Global Industrials Conference 2026 Transcript
• Neutral Sentiment: Analysts maintain a generally constructive view (consensus “Moderate Buy”), which supports the rally but limits surprise to future guidance/earnings. GE Vernova Inc. (NYSE:GEV) Receives Consensus Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Increased media and retail attention (Zacks, Fool, Cramer mentions) is amplifying momentum—more noise than a standalone fundamental driver, but it can magnify moves on earnings or guidance updates. GE Vernova (GEV) Up In Triple Digit Percentages After Jim Cramer Said It Wasn’t Done In January 2025

Analyst Upgrades and Downgrades

Several research firms have recently commented on GEV. TD Cowen upped their price objective on shares of GE Vernova from $680.00 to $780.00 and gave the company a “buy” rating in a report on Thursday, January 29th. BMO Capital Markets reissued an “outperform” rating and set a $785.00 target price on shares of GE Vernova in a report on Thursday, January 29th. Mizuho set a $714.00 target price on shares of GE Vernova in a research report on Tuesday, February 3rd. Susquehanna increased their price target on GE Vernova from $800.00 to $820.00 and gave the stock a “positive” rating in a research report on Thursday, January 29th. Finally, Wall Street Zen upgraded GE Vernova from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $831.29.

About GE Vernova

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.