Mather Group LLC. acquired a new stake in GE Vernova Inc. (NYSE:GEV – Free Report) during the third quarter, according to its most recent filing with the SEC. The firm acquired 2,081 shares of the company’s stock, valued at approximately $531,000.
Several other institutional investors also recently bought and sold shares of GEV. Aspire Private Capital LLC acquired a new stake in shares of GE Vernova in the 2nd quarter valued at approximately $40,000. Legal & General Group Plc acquired a new stake in GE Vernova in the second quarter valued at $293,699,000. Central Pacific Bank Trust Division lifted its holdings in GE Vernova by 1,242.9% in the third quarter. Central Pacific Bank Trust Division now owns 2,350 shares of the company’s stock valued at $599,000 after acquiring an additional 2,175 shares during the period. Park Avenue Securities LLC acquired a new position in shares of GE Vernova during the 3rd quarter worth $2,042,000. Finally, Czech National Bank increased its holdings in shares of GE Vernova by 7.2% in the 3rd quarter. Czech National Bank now owns 55,980 shares of the company’s stock valued at $14,274,000 after purchasing an additional 3,751 shares in the last quarter.
GE Vernova Price Performance
Shares of GEV opened at $264.62 on Friday. GE Vernova Inc. has a fifty-two week low of $115.00 and a fifty-two week high of $269.30. The company has a fifty day simple moving average of $210.95.
Analysts Set New Price Targets
GEV has been the topic of a number of research analyst reports. Redburn Atlantic began coverage on shares of GE Vernova in a report on Tuesday, July 2nd. They set a “neutral” rating and a $178.00 price objective on the stock. Oppenheimer began coverage on GE Vernova in a report on Thursday, September 26th. They issued a “market perform” rating on the stock. Bank of America raised GE Vernova from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $200.00 to $300.00 in a report on Tuesday, September 17th. Raymond James lowered GE Vernova from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 2nd. Finally, Barclays raised their price target on GE Vernova from $250.00 to $300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. Seven investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $241.63.
Get Our Latest Stock Report on GE Vernova
GE Vernova Profile
GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.
Further Reading
- Five stocks we like better than GE Vernova
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- MercadoLibre Targets Double-Digit Upside with Argentina Boom
- CD Calculator: Certificate of Deposit Calculator
- Domino’s Pizza Stock Delivers: A Hot Buy for Growth Investors
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- 3 Small-Cap Stocks Ready to Deliver Significant Growth
Want 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).
Receive News & Ratings for GE Vernova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE Vernova and related companies with MarketBeat.com's FREE daily email newsletter.