GE Vernova Inc. (NYSE:GEV) Holdings Boosted by Atria Investments Inc

Atria Investments Inc grew its stake in shares of GE Vernova Inc. (NYSE:GEV) by 127.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,088 shares of the company’s stock after purchasing an additional 2,847 shares during the quarter. Atria Investments Inc’s holdings in GE Vernova were worth $1,297,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in GEV. LRI Investments LLC bought a new position in shares of GE Vernova during the first quarter worth about $63,000. Price T Rowe Associates Inc. MD acquired a new position in GE Vernova during the 1st quarter valued at about $367,474,000. Steadfast Capital Management LP bought a new position in GE Vernova in the 1st quarter worth about $80,235,000. Kinetic Partners Management LP acquired a new stake in shares of GE Vernova in the first quarter valued at approximately $20,854,000. Finally, Yaupon Capital Management LP bought a new stake in shares of GE Vernova during the first quarter valued at approximately $10,256,000.

GE Vernova Stock Performance

NYSE GEV opened at $329.76 on Friday. GE Vernova Inc. has a 1 year low of $115.00 and a 1 year high of $349.79. The stock’s 50-day moving average price is $273.49 and its two-hundred day moving average price is $208.44.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on GEV. Evercore ISI increased their price objective on GE Vernova from $300.00 to $323.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Hsbc Global Res lowered GE Vernova from a “strong-buy” rating to a “hold” rating in a report on Friday, October 4th. BMO Capital Markets upped their price objective on shares of GE Vernova from $245.00 to $288.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of GE Vernova in a research note on Monday, October 21st. They set a “buy” rating and a $354.00 target price on the stock. Finally, Mizuho upped their price target on shares of GE Vernova from $186.00 to $208.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Seven analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $264.55.

GE Vernova Company 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.