Allspring Global Investments Holdings LLC Acquires 15,421 Shares of GE Vernova Inc. $GEV

Allspring Global Investments Holdings LLC increased its stake in GE Vernova Inc. (NYSE:GEV - Free Report) by 28.1% during the third quarter, according to its most recent filing with the SEC. The fund owned 70,217 shares of the company's stock after buying an additional 15,421 shares during the quarter. Allspring Global Investments Holdings LLC's holdings in GE Vernova were worth $42,562,000 at the end of the most recent quarter.The Power Bill, the AI Dip, and the Date That Could Flip 2026 StocksOther institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of GE Vernova in the second quarter valued at approximately $1,809,220,000. Arrowstreet Capital Limited Partnership raised its stake in shares of GE Vernova by 273.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,508,317 shares of the company's stock valued at $798,126,000 after purchasing an additional 1,104,747 shares during the period. Assenagon Asset Management S.A. grew its stake in GE Vernova by 10,044.9% during the second quarter. Assenagon Asset Management S.A. now owns 842,433 shares of the company's stock valued at $445,773,000 after acquiring an additional 834,129 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of GE Vernova by 771.3% in the second quarter. Qube Research & Technologies Ltd now owns 763,226 shares of the company's stock worth $403,861,000 after purchasing an additional 675,629 shares during the period. Finally, Invesco Ltd. boosted its position in shares of GE Vernova by 26.3% during the 2nd quarter. Invesco Ltd. now owns 2,217,257 shares of the company's stock valued at $1,173,262,000 after acquiring an additional 462,038 shares during the last quarter. GE Vernova Stock PerformanceShares of GE Vernova stock opened at $678.29 on Friday. The stock's fifty day moving average is $612.80 and its 200 day moving average is $600.72. GE Vernova Inc. has a one year low of $252.25 and a one year high of $731.00. The stock has a market cap of $184.03 billion, a P/E ratio of 110.47, a P/E/G ratio of 2.74 and a beta of 1.67. Why GE Vernova, PG&E and Mastercard Are Income Boosters for 2026GE Vernova (NYSE:GEV - Get Free Report) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $1.64 EPS for the quarter, missing the consensus estimate of $1.72 by ($0.08). GE Vernova had a return on equity of 17.07% and a net margin of 4.52%.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 business earned ($0.35) EPS. The firm's quarterly revenue was up 11.8% compared to the same quarter last year. Analysts predict that GE Vernova Inc. will post 6.59 EPS for the current year. GE Vernova Increases DividendThe firm also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 5th will be issued a $0.50 dividend. 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 a boost from GE Vernova's previous quarterly dividend of $0.25. GE Vernova's payout ratio is presently 16.29%. Wall Street Analysts Forecast Growth3 Picks-and-Shovels Ways to Invest in AI Without Betting on ChipmakersGEV has been the subject of a number of research reports. Melius Research set a $740.00 price objective on GE Vernova and gave the company a "buy" rating in a research report on Monday, September 15th. Jefferies Financial Group set a $830.00 price target on GE Vernova in a research report on Monday, December 22nd. Mizuho cut their price objective on GE Vernova from $677.00 to $660.00 and set a "neutral" rating on the stock in a research report on Friday, October 24th. BMO Capital Markets upped their price target on GE Vernova from $710.00 to $780.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 10th. Finally, Redburn Partners set a $475.00 price target on shares of GE Vernova in a research note on Wednesday, October 15th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $691.11.Check Out Our Latest Stock Report on GE VernovaGE Vernova Profile (Free Report)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.See AlsoFive stocks we like better than GE VernovaDo not delete, read immediatelyThe $100 Trillion AI Story No One Is Telling YouIf You Keep Cash In A U.S. Bank Account… Read This NOWBut this $2 Gold Stock Before May 20, 20263 Overlooked Deductions to Help Potentially Minimize Capital Gains TaxWant to see what other hedge funds are holding GEV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE Vernova Inc. (NYSE:GEV - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in GE Vernova Right Now?Before you consider GE Vernova, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GE Vernova wasn't on the list.While GE Vernova currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here