667 Shares in GE Vernova Inc. (NYSE:GEV) Bought by Bank of New Hampshire

Bank of New Hampshire purchased a new position in shares of GE Vernova Inc. (NYSE:GEV) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 667 shares of the company’s stock, valued at approximately $114,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. ANTIPODES PARTNERS Ltd purchased a new stake in GE Vernova during the 1st quarter worth $30,000. LRI Investments LLC purchased a new stake in GE Vernova during the 1st quarter worth $63,000. Kozak & Associates Inc. purchased a new stake in GE Vernova during the 1st quarter worth $115,000. Boit C F David purchased a new stake in GE Vernova during the 1st quarter worth $149,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in GE Vernova during the 1st quarter worth $165,000.

GE Vernova Stock Down 5.3 %

GE Vernova stock traded down $9.30 during midday trading on Friday, reaching $164.73. 3,314,487 shares of the stock traded hands, compared to its average volume of 3,046,343. The stock has a fifty day moving average price of $172.19. GE Vernova Inc. has a fifty-two week low of $115.00 and a fifty-two week high of $185.50.

Wall Street Analyst Weigh In

GEV has been the subject of several research analyst reports. Citigroup initiated coverage on shares of GE Vernova in a research report on Tuesday, June 11th. They issued a “neutral” rating and a $183.00 target price for the company. Melius initiated coverage on shares of GE Vernova in a research report on Monday, April 22nd. They issued a “hold” rating and a $147.00 target price for the company. BNP Paribas initiated coverage on shares of GE Vernova in a research report on Wednesday, April 17th. They issued an “outperform” rating and a $177.00 target price for the company. Evercore ISI boosted their target price on shares of GE Vernova from $174.00 to $202.00 and gave the stock an “outperform” rating in a research report on Thursday, July 25th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $180.00 target price on shares of GE Vernova in a research report on Monday, July 22nd. Four investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $188.04.

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.