2 weeks Ago By Defense World Staff
Magnolia Capital Advisors LLC bought a new position in GE Vernova Inc. ( NYSE:GEV – Free Report ) in the second quarter, according to its most recent filing with the SEC. The firm bought 15,750 shares of the company’s stock, valued at approximately $2,701,000.
A number of other institutional investors also recently bought and sold shares of the stock. Deseret Mutual Benefit Administrators acquired a new stake in shares of GE Vernova during the second quarter worth $25,000. Trifecta Capital Advisors LLC purchased a new stake in GE Vernova during the 2nd quarter valued at about $25,000.
Meeder Asset Management Inc. acquired a new position in shares of GE Vernova in the second quarter valued at about $25,000. Global Trust Asset Management LLC acquired a new stake in shares of GE Vernova during the second quarter worth about $26,000.
Finally, Timber Creek Capital Management LLC acquired a new position in GE Vernova in the 2nd quarter worth approximately $27,000. Wall Street Analyst Weigh In Several research firms have recently commented on GEV. Mizuho upped their price objective on shares of GE Vernova from $186.
00 to $208.00 and gave the company an “outperform” rating in a report on Friday, July 26th. BMO Capital Markets assumed coverage on GE Vernova in a report on Friday, September 13th.
They issued an “outperform” rating and a $245.00 price objective for the company. Daiwa Capital Markets started coverage on GE Vernova in a report on Friday, June 21st.
They set an “outperform” rating and a $201.50 target price on the stock. Morgan Stanley boosted their price target on GE Vernova from $220.
00 to $256.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Finally, Bank of America raised shares of GE Vernova from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $200.
00 to $300.00 in a research note on Tuesday, September 17th. Four equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock.
Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $227.48. GE Vernova Stock Down 0.
5 % GE Vernova stock opened at $249.86 on Monday. The business’s fifty day simple moving average is $196.
33. GE Vernova Inc. has a 52-week low of $115.
00 and a 52-week high of $258.64. GE Vernova ( NYSE:GEV – Get Free Report ) last released its quarterly earnings data on Wednesday, July 24th.
The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.
02. The business had revenue of $8.20 billion during the quarter, compared to analyst estimates of $8.
42 billion. Equities research analysts anticipate that GE Vernova Inc. will post 2.
83 EPS for the current fiscal year. GE Vernova Profile ( Free Report ) 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. Featured Stories Five stocks we like better than GE Vernova How to Know if a Stock Pays Dividends and When They Are Paid Out Simon Property REIT: A Safe Bet for Growth and Steady Dividends What Investors Need to Know to Beat the Market CarMax’s Impressive Rally: What Investors Should Watch Next How the NYSE and NASDAQ are Different, Why That Matters to Investors MarketBeat Week in Review – 9/23 – 9/27 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.
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