M&T Bank Corp Boosts Holdings in GE Vernova Inc. $GEV

Key Points

• M&T Bank Corp raised its stake in GE Vernova by 8.5% in Q4, owning 42,607 shares worth about $27.85 million at quarter-end.
• GE Vernova reported a blowout Q1—$9.34 billion revenue and $17.44 EPS versus a $1.95 estimate—and disclosed roughly $13 billion of AI‑linked orders plus sizable buybacks, driving guidance raises and investor momentum.
• Analyst sentiment is positive: the consensus is a Moderate Buy with an average price target near $1,090.76, and several firms have raised targets as high as $1,300.00.

M&T Bank Corp increased its holdings in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 8.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,607 shares of the company's stock after buying an additional 3,344 shares during the period. M&T Bank Corp's holdings in GE Vernova were worth $27,846,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on GEV shares. Susquehanna set a $1,300.00 target price on shares of GE Vernova in a research note on Thursday, April 23rd. JPMorgan Chase & Co. lifted 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. Glj Research boosted their price target on shares of GE Vernova from $758.00 to $1,087.00 and gave the stock a "buy" rating in a report on Monday, January 12th. Guggenheim raised their price objective on shares of GE Vernova from $910.00 to $1,300.00 and gave the company a "buy" rating in a report on Thursday, April 23rd. Finally, Mizuho set a $714.00 price objective on shares of GE Vernova in a report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $1,090.76.

GE Vernova News Summary

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

GE Vernova Stock Performance

Shares of GE Vernova stock opened at $1,074.28 on Tuesday. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.19. GE Vernova Inc. has a 52 week low of $387.03 and a 52 week high of $1,181.95. The firm's 50 day moving average is $919.40 and its two-hundred day moving average is $745.60. The firm has a market capitalization of $288.68 billion, a P/E ratio of 31.29, a P/E/G ratio of 3.98 and a beta of 1.51.

GE Vernova (NYSE:GEV - Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 earnings per share for the quarter, topping the consensus estimate of $1.95 by $15.49. The business had revenue of $9.34 billion during the quarter, compared to the consensus estimate of $9.19 billion. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The company's revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.91 EPS. Research analysts forecast that GE Vernova Inc. will post 14.84 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. Shareholders of record on Tuesday, March 17th were paid a $0.50 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova's payout ratio is currently 5.83%.

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.

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