West Michigan Advisors LLC purchased a brand new place in shares of GE Vernova Inc. (NYSE:GEV – Free Report) through the third quarter, based on its most up-to-date disclosure with the SEC. The fund purchased 838 shares of the corporate’s inventory, valued at roughly $214,000.
Numerous different institutional traders have additionally lately made modifications to their positions within the inventory. Newport Belief Firm LLC acquired a brand new place in shares of GE Vernova within the second quarter value roughly $650,140,000. Financial institution of New York Mellon Corp acquired a brand new place in shares of GE Vernova within the 2nd quarter value roughly $537,674,000. Value T Rowe Associates Inc. MD purchased a brand new stake in shares of GE Vernova within the 1st quarter valued at $367,474,000. Marshall Wace LLP acquired a brand new stake in shares of GE Vernova through the second quarter value $399,770,000. Lastly, Authorized & Common Group Plc purchased a brand new place in GE Vernova through the second quarter value $293,699,000.
Analyst Upgrades and Downgrades
Numerous analysts have commented on the inventory. Truist Monetary upped their worth goal on shares of GE Vernova from $300.00 to $325.00 and gave the corporate a “purchase” score in a analysis report on Thursday. BMO Capital Markets raised their goal worth on GE Vernova from $245.00 to $288.00 and gave the inventory an “outperform” score in a analysis word on Monday, October 14th. JPMorgan Chase & Co. boosted their worth goal on GE Vernova from $285.00 to $330.00 and gave the corporate an “obese” score in a analysis word on Thursday. Guggenheim started protection on shares of GE Vernova in a analysis report on Tuesday, September twenty fourth. They set a “purchase” score and a $300.00 worth goal for the corporate. Lastly, Hsbc World Res downgraded shares of GE Vernova from a “strong-buy” score to a “maintain” score in a analysis report on Friday, October 4th. Seven analysis analysts have rated the inventory with a maintain score, seventeen have given a purchase score and one has assigned a powerful purchase score to the corporate. In keeping with information from MarketBeat.com, GE Vernova presently has a median score of “Reasonable Purchase” and a median goal worth of $261.40.
Get Our Newest Inventory Evaluation on GEV
GE Vernova Inventory Down 1.2 %
Shares of NYSE:GEV opened at $293.50 on Friday. The enterprise’s 50 day shifting common is $232.95 and its 200 day shifting common is $188.73. GE Vernova Inc. has a 12-month low of $115.00 and a 12-month excessive of $298.81.
GE Vernova (NYSE:GEV – Get Free Report) final posted its quarterly earnings information on Wednesday, July twenty fourth. The corporate reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.02. The agency had income of $8.20 billion for the quarter, in comparison with analysts’ expectations of $8.42 billion. Analysts forecast that GE Vernova Inc. will publish 3.21 EPS for the present fiscal 12 months.
GE Vernova Profile
GE Vernova LLC, an power enterprise firm, generates electrical energy. It operates beneath three segments: Energy, Wind, and Electrification. The Energy segments generates and sells electrical energy by means of hydro, gasoline, nuclear, and steam energy. Wind phase engages within the manufacturing and sale of wind turbine blades; and Electrification phase offers grid options, energy conversion, photo voltaic, and storage options.
See Additionally
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