BNP Paribas Has $72,000 Stock Holdings in GE Vernova Inc. (NYSE:GEV)

BNP Paribas decreased its holdings in GE Vernova Inc. (NYSE:GEV) by 54.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 284 shares of the company’s stock after selling 335 shares during the quarter. BNP Paribas’ holdings in GE Vernova were worth $72,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Pittenger & Anderson Inc. raised its stake in shares of GE Vernova by 28.0% in the 3rd quarter. Pittenger & Anderson Inc. now owns 160 shares of the company’s stock valued at $41,000 after buying an additional 35 shares in the last quarter. SteelPeak Wealth LLC raised its stake in shares of GE Vernova by 2.5% in the 3rd quarter. SteelPeak Wealth LLC now owns 1,569 shares of the company’s stock valued at $400,000 after buying an additional 38 shares in the last quarter. Global Retirement Partners LLC raised its stake in shares of GE Vernova by 0.9% in the 3rd quarter. Global Retirement Partners LLC now owns 4,507 shares of the company’s stock valued at $1,149,000 after buying an additional 40 shares in the last quarter. Whittier Trust Co. raised its stake in shares of GE Vernova by 1.9% in the 3rd quarter. Whittier Trust Co. now owns 2,106 shares of the company’s stock valued at $537,000 after buying an additional 40 shares in the last quarter. Finally, Rosenberg Matthew Hamilton raised its stake in shares of GE Vernova by 30.3% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 185 shares of the company’s stock valued at $47,000 after buying an additional 43 shares in the last quarter.

Analysts Set New Price Targets

GEV has been the subject of a number of recent analyst reports. BMO Capital Markets increased their target price on shares of GE Vernova from $245.00 to $288.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. The Goldman Sachs Group increased their target price on shares of GE Vernova from $220.00 to $308.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. Bank of America increased their target price on shares of GE Vernova from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Raymond James cut shares of GE Vernova from an “outperform” rating to a “market perform” rating in a research report on Wednesday, October 2nd. Finally, Royal Bank of Canada increased their target price on shares of GE Vernova from $285.00 to $376.00 and gave the stock an “outperform” rating in a research report on Monday. Seven research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $274.16.

GE Vernova Stock Down 1.0 %

Shares of NYSE GEV opened at $335.35 on Thursday. GE Vernova Inc. has a 1 year low of $115.00 and a 1 year high of $357.09. The firm’s 50-day moving average is $292.35 and its 200-day moving average is $218.58.

About GE Vernova

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.