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

M&T Bank Corp grew its stake in shares of GE Vernova Inc. (NYSE:GEV) by 87.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,590 shares of the company’s stock after acquiring an additional 34,327 shares during the quarter. M&T Bank Corp’s holdings in GE Vernova were worth $46,938,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of GEV. Brighton Jones LLC increased its holdings in shares of GE Vernova by 29.4% during the fourth quarter. Brighton Jones LLC now owns 3,315 shares of the company’s stock valued at $1,091,000 after acquiring an additional 753 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of GE Vernova by 1.7% during the second quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company’s stock valued at $828,000 after acquiring an additional 26 shares in the last quarter. Jump Financial LLC acquired a new position in shares of GE Vernova during the second quarter valued at about $258,000. Ossiam acquired a new position in shares of GE Vernova during the second quarter valued at about $42,000. Finally, Nebula Research & Development LLC increased its holdings in shares of GE Vernova by 23.9% during the second quarter. Nebula Research & Development LLC now owns 1,674 shares of the company’s stock valued at $886,000 after acquiring an additional 323 shares in the last quarter.

Analyst Upgrades and Downgrades

GEV has been the topic of several research reports. Evercore increased their price target on shares of GE Vernova from $860.00 to $905.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Wells Fargo & Company increased their price target on shares of GE Vernova from $831.00 to $896.00 and gave the stock an “overweight” rating in a report on Tuesday, March 31st. Erste Group Bank upgraded shares of GE Vernova to a “strong-buy” rating in a report on Tuesday, March 24th. JPMorgan Chase & Co. increased 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 report on Thursday, April 16th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $785.00 price target on shares of GE Vernova in a report on Thursday, January 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, GE Vernova has a consensus rating of “Buy” and a consensus price target of $919.48.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: Company beat consensus on the quarter and raised its full‑year revenue outlook, citing strong order growth across power and electrification — the primary driver behind the rally. GE Vernova lifts annual revenue forecast on data center demand (Reuters)
• Positive Sentiment: Management and analysts highlighted a material revenue tailwind from data center (AI) buildouts that is boosting near‑term sales and margins in power equipment and electrification. GE Vernova Stock Soars to New Highs (Investopedia)
• Positive Sentiment: Company reported record results and investor materials (slide deck / press release) that confirmed revenue and profit beats, prompting price‑target upgrades and renewed buy interest. GE Vernova Q1 press release / slide deck
• Positive Sentiment: Longer‑term project progress: GE Vernova says its next‑gen nuclear project in Ontario is ~38% complete and on track for 2030 start — a sign that its nuclear pipeline is advancing (supports future revenue visibility). Trump’s Nuclear Push Meets Reality As GE Vernova Targets Power By 2030 (Benzinga)
• Neutral Sentiment: Analysts and institutional holders remain bullish: recent coverage shows buy ratings and sizable hedge‑fund ownership, which can amplify momentum but also compress the scope for additional upgrades. BMO Keeps Buy Rating on GE Vernova (The Globe & Mail)
• Neutral Sentiment: Earnings call and transcripts provide detail on order mix, backlog and margin drivers — useful for investors who want to dig into sustainability of the beat. GE Vernova Q1 Earnings Call Transcript (Seeking Alpha)
• Negative Sentiment: Valuation and expectations are elevated after the rally (GEV carries a high P/E vs. historical averages), raising the risk of profit‑taking if growth or margins disappoint. GE Vernova Stock Soars to Record High (Blockonomi)
• Negative Sentiment: Nuclear and large capital projects carry execution and funding risks; industry commentary highlights that political momentum needs to translate into sustained financing and delivery. Stock Market Today: NuScale & nuclear funding risks (The Motley Fool)

GE Vernova Trading Up 13.6%

Shares of NYSE:GEV opened at $1,126.25 on Thursday. GE Vernova Inc. has a twelve month low of $333.19 and a twelve month high of $1,142.00. The company’s 50 day moving average is $884.14 and its 200 day moving average is $724.39. The company has a market cap of $302.80 billion, a PE ratio of 63.27, a price-to-earnings-growth ratio of 3.88 and a beta of 1.43.

GE Vernova (NYSE:GEV) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, topping analysts’ consensus estimates of $1.95 by $15.49. The business had revenue of $9.34 billion for the quarter, compared to analysts’ expectations of $9.19 billion. GE Vernova had a net margin of 12.83% and a return on equity of 46.91%. The business’s revenue was up 17.0% on a year-over-year basis. During the same quarter last year, the company earned $0.91 EPS. Equities research analysts predict that GE Vernova Inc. will post 14.2 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

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

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.