Thompson Siegel & Walmsley LLC Buys Shares of 917 GE Vernova Inc. (NYSE:GEV)

Thompson Siegel & Walmsley LLC purchased a new stake in shares of GE Vernova Inc. (NYSE:GEV) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 917 shares of the company’s stock, valued at approximately $234,000.

Other large investors have also recently made changes to their positions in the company. Pittenger & Anderson Inc. boosted 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 worth $41,000 after buying an additional 35 shares during the last quarter. SteelPeak Wealth LLC lifted its holdings in GE Vernova by 2.5% in the third quarter. SteelPeak Wealth LLC now owns 1,569 shares of the company’s stock valued at $400,000 after acquiring an additional 38 shares during the period. Global Retirement Partners LLC boosted its position in GE Vernova by 0.9% in the third quarter. Global Retirement Partners LLC now owns 4,507 shares of the company’s stock worth $1,149,000 after purchasing an additional 40 shares during the last quarter. Whittier Trust Co. grew its stake in shares of GE Vernova by 1.9% during the 3rd quarter. Whittier Trust Co. now owns 2,106 shares of the company’s stock valued at $537,000 after purchasing an additional 40 shares during the period. Finally, Rosenberg Matthew Hamilton increased its position in shares of GE Vernova by 30.3% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 185 shares of the company’s stock valued at $47,000 after purchasing an additional 43 shares during the last quarter.

GE Vernova Stock Up 2.7 %

Shares of GEV stock opened at $349.16 on Friday. GE Vernova Inc. has a 12-month low of $115.00 and a 12-month high of $357.09. The stock’s 50-day moving average price is $286.37 and its 200-day moving average price is $214.71.

Analyst Upgrades and Downgrades

GEV has been the topic of a number of research reports. Oppenheimer began coverage on shares of GE Vernova in a report on Thursday, September 26th. They issued a “market perform” rating on the stock. Morgan Stanley boosted their price objective on shares of GE Vernova from $301.00 to $367.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. BMO Capital Markets upped their price objective on GE Vernova from $245.00 to $288.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. Evercore ISI lifted their target price on GE Vernova from $300.00 to $323.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, Guggenheim started coverage on GE Vernova in a report on Tuesday, September 24th. They set a “buy” rating and a $300.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, GE Vernova presently has a consensus rating of “Moderate Buy” and an average price target of $270.02.

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.