Hoey Investments Inc. Raises Stake in GE Vernova Inc. $GEV

Key Points

• Hoey Investments Inc. increased its stake in GE Vernova by 14.1% in Q4 to 9,135 shares valued at $5.97 million, representing 0.8% of its portfolio and the firm's 15th-largest holding.
• GE Vernova delivered a massive Q1 beat (EPS $17.44 vs. $1.95 expected) and raised annual revenue guidance as surging AI/data‑center demand and stronger bookings expanded backlog and free cash flow, prompting analyst upgrades and higher price targets.
• Shares are trading near 12‑month highs (opened $1,151) with a market cap around $309 billion and a PE of ~33.5; the company also pays a modest $0.50 quarterly dividend (annualized $2.00, ~0.2% yield).

Hoey Investments Inc. increased its stake in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 14.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 9,135 shares of the company's stock after purchasing an additional 1,129 shares during the period. GE Vernova accounts for 0.8% of Hoey Investments Inc.'s investment portfolio, making the stock its 15th largest position. Hoey Investments Inc.'s holdings in GE Vernova were worth $5,970,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Jackson Grant Investment Advisers Inc. lifted its holdings in GE Vernova by 344.4% during the 3rd 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 during the 3rd quarter worth about $25,000. ORG Wealth Partners LLC lifted its holdings 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 in the last quarter. Nvest Wealth Strategies Inc. bought a new position in GE Vernova in the 4th quarter worth about $33,000. Finally, Deseret Mutual Benefit Administrators increased its stake in GE Vernova by 112.0% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 53 shares of the company's stock worth $33,000 after acquiring an additional 28 shares during the last quarter.

GE Vernova News Summary

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

• Positive Sentiment: Q1 beat and guidance raise: GEV reported much stronger‑than‑expected Q1 results and lifted its annual revenue forecast, with management citing accelerating demand from data centers as a key driver. GE Vernova lifts annual revenue forecast on data center demand
• Positive Sentiment: Massive earnings beat and FCF/guide lift: The company reported a huge EPS beat and raised guidance, which analysts and outlets say is driven by surging data‑center orders and record free cash flow. That surprise beat is the primary reason the stock is rising. GE Vernova Beats Earnings by 790% as Data Center Demand Explodes
• Positive Sentiment: AI/data‑center tailwind: Multiple outlets highlight that Big Tech data‑center buildouts for AI are materially lifting demand for GEV’s power equipment and electrification products, underpinning durable revenue upside. GE Vernova Stock Soars to New Highs. Its Sales Are Being Boosted by Big Tech's Data Center Buildout
• Positive Sentiment: Backlog & bookings strength: Order growth and backlog expanded sharply (multiple reports cite significant GW bookings in Gas Power and large electrification/data‑center orders), supporting margin expansion and medium‑term revenue visibility. GE Vernova Q1: 75x Earnings And Still Not Expensive Enough
• Positive Sentiment: Analyst upgrades and higher targets: Several firms (TD Cowen, Robert W. Baird, Oppenheimer) raised price targets and reiterated buy/outperform views after the print, adding upward pressure to the share price. GE Vernova (GEV) – Among the Best US Stocks to Invest in for Long Term
• Neutral Sentiment: Featured in long‑term stock lists: Editorials and screeners have added GEV to “best long‑term” and renewable/AI supply‑chain lists — supportive for sentiment but not a direct fundamental catalyst. GE Vernova (GEV) – Among the Best US Stocks to Invest in for Long Term
• Negative Sentiment: Segment headwinds and risk disclosures: The company flagged challenges in its Wind segment on the call, and its recently filed 10‑K added a new regulation‑related risk; these are potential drags if persistent. GE Vernova Is Setting Records. This Might Be the Most Surprising One. Why Investors Should Scrutinize GE Vernova’s 2025 10-K Risk Factors

GE Vernova Price Performance

Shares of GE Vernova stock opened at $1,151.01 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.73 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $309.46 billion, a PE ratio of 33.53, a price-to-earnings-growth ratio of 4.36 and a beta of 1.43. The business's 50-day moving average price is $890.83 and its 200-day moving average price is $727.35. GE Vernova Inc. has a 12 month low of $337.31 and a 12 month high of $1,181.95.

GE Vernova (NYSE:GEV - Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, beating the consensus estimate of $1.95 by $15.49. The firm had revenue of $9.34 billion for the quarter, compared to analyst estimates of $9.19 billion. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The company's revenue was up 17.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.91 EPS. Sell-side analysts forecast that GE Vernova Inc. will post 14.37 EPS for the current fiscal year.

GE Vernova Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on GEV shares. UBS Group restated a "buy" rating on shares of GE Vernova in a research note on Thursday, January 29th. Jefferies Financial Group restated a "buy" rating and issued a $930.00 target price on shares of GE Vernova in a research note on Thursday, January 29th. Royal Bank Of Canada upped their target price on GE Vernova from $996.00 to $1,195.00 and gave the stock an "outperform" rating in a research note on Thursday. JPMorgan Chase & Co. upped their target price on 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. Finally, BMO Capital Markets upped their target price on GE Vernova from $1,110.00 to $1,250.00 and gave the stock an "outperform" rating in a research note on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, GE Vernova presently has a consensus rating of "Buy" and an average target price of $1,041.57.

GE Vernova Company 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.

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