GE Vernova Inc. $GEV Shares Bought by M&T Bank Corp

M&T Bank Corp raised its position in GE Vernova Inc. (NYSE:GEV) by 8.5% in the 4th quarter, Holdings Channel reports. The fund owned 42,607 shares of the company’s stock after acquiring an additional 3,344 shares during the period. M&T Bank Corp’s holdings in GE Vernova were worth $27,846,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in GEV. Jackson Grant Investment Advisers Inc. raised its holdings in GE Vernova by 344.4% during the third quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company’s stock worth $25,000 after purchasing an additional 31 shares in the last quarter. Wealth Watch Advisors INC purchased a new stake in GE Vernova in the 3rd quarter valued at approximately $25,000. ORG Wealth Partners LLC increased its position in GE Vernova by 241.7% during the 4th quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock worth $27,000 after purchasing an additional 29 shares during the period. Monetary Management Group Inc. acquired a new position in GE Vernova during the 2nd quarter worth approximately $32,000. Finally, Deseret Mutual Benefit Administrators raised its stake in shares of GE Vernova by 112.0% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 53 shares of the company’s stock worth $33,000 after buying an additional 28 shares in the last quarter.

GE Vernova Stock Up 1.1%

GEV opened at $1,074.28 on Tuesday. The business’s fifty day moving average is $919.40 and its two-hundred day moving average is $745.60. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 0.89. The company has a market cap of $288.68 billion, a price-to-earnings ratio of 31.29, a PEG ratio of 3.98 and a beta of 1.51. GE Vernova Inc. has a one year low of $387.03 and a one year high of $1,181.95.

GE Vernova (NYSE:GEV) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.95 by $15.49. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The business had revenue of $9.34 billion during the quarter, compared to analysts’ expectations of $9.19 billion. During the same quarter last year, the business posted $0.91 earnings per share. The business’s revenue for the quarter was up 17.0% on a year-over-year basis. Analysts anticipate that GE Vernova Inc. will post 14.84 EPS for the current fiscal year.

GE Vernova Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 17th. GE Vernova’s dividend payout ratio is 5.83%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on GEV shares. The Goldman Sachs Group restated a “buy” rating and issued a $1,328.00 price target on shares of GE Vernova in a research note on Friday, April 24th. Rothschild & Co Redburn upgraded GE Vernova from a “sell” rating to a “buy” rating and increased their price objective for the stock from $560.00 to $1,100.00 in a research report on Monday, March 9th. Guggenheim raised their target price on GE Vernova from $910.00 to $1,300.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Weiss Ratings upgraded shares of GE Vernova from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. upped their price target on shares of GE Vernova from $1,000.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,090.76.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Q1 beat and AI‑linked order momentum — GE Vernova reported very strong Q1 results (US$9.34B revenue, US$4.75B net income) with roughly US$13B of new orders tied to AI/data‑center demand and announced sizable buybacks that amplified EPS. This underpins the company’s guidance raise and buyback‑driven shareholder returns. Should GE Vernova’s Record AI‑Linked Orders and Buybacks Prompt Action From GEV Investors?
• Positive Sentiment: AI data‑center capex lifts addressable market — Multiple pieces highlight how hyperscale AI spending (hundreds of billions in capex) is driving demand for power equipment, services and on‑site electricians — a direct tailwind to GE Vernova’s backlog and service revenue. Electricians Are the New Must-Have for Data Centers. These Stocks Benefit.
• Positive Sentiment: Market and analyst interest — Research and trade pieces (MarketBeat, Altimetry) are naming GE Vernova a buy as AI power demand grows; press roundup and fund commentary note the stock’s re‑rating and growing investor attention. That can sustain momentum and multiple expansion. 3 Energy Stocks to Buy and 2 to Avoid as AI Power Demand Explodes
• Positive Sentiment: Geopolitics and energy transition narrative — Coverage from Business Times ties GEV’s rally to geopolitical shifts and the broader energy transition, strengthening investor conviction in durable order flow for turbines, generators and services. GE Vernova is riding geopolitics and AI for a spectacular surge
• Neutral Sentiment: Industry framing pieces highlight winners and spillover effects — Articles suggesting smaller renewable names could ride GEV’s tailwind and explaining how AI is reshaping power markets provide useful context but are broader and not company‑specific catalysts. These help sentiment but are indirect. As GEV Garners Attention Consider These 3 Renewable Energy Stocks Under $30
• Neutral Sentiment: Legal/contract dispute with Vineyard Wind — GE Vernova is publicly contesting Vineyard Wind’s claims that it would be harmed if GE exits the project. This is a legal/contract development worth monitoring for potential financial or reputational impacts, but its ultimate effect on orders or cash flow remains unclear. GE Vernova challenges Vineyard Wind’s claims of harm if it leaves project

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.