Capital Advisors Inc. OK Has $54.15 Million Stake in GE Vernova Inc. (NYSE:GEV)

Capital Advisors Inc. OK increased its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 2.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 212,381 shares of the company’s stock after buying an additional 4,238 shares during the period. Capital Advisors Inc. OK owned 0.08% of GE Vernova worth $54,153,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Deseret Mutual Benefit Administrators acquired a new position in shares of GE Vernova in the 2nd quarter valued at $25,000. Trifecta Capital Advisors LLC bought a new position in GE Vernova during the second quarter worth about $25,000. Meeder Asset Management Inc. acquired a new position in shares of GE Vernova during the 2nd quarter worth about $25,000. Global Trust Asset Management LLC bought a new stake in shares of GE Vernova in the 2nd quarter valued at about $26,000. Finally, Timber Creek Capital Management LLC acquired a new stake in shares of GE Vernova in the 2nd quarter valued at approximately $27,000.

Analyst Ratings Changes

GEV has been the subject of a number of analyst reports. Oppenheimer assumed coverage on shares of GE Vernova in a report on Thursday, September 26th. They set a “market perform” rating for the company. Bank of America upped their price objective on shares of GE Vernova from $300.00 to $320.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Mizuho increased their price target on GE Vernova from $186.00 to $208.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. William Blair started coverage on shares of GE Vernova in a research note on Thursday, August 29th. They issued an “outperform” rating on the stock. Finally, Jefferies Financial Group boosted their price objective on shares of GE Vernova from $293.00 to $336.00 and gave the company a “buy” rating in a research report on Friday, October 18th. Seven analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.

GE Vernova Trading Down 0.2 %

Shares of NYSE GEV opened at $301.09 on Friday. GE Vernova Inc. has a 12 month low of $115.00 and a 12 month high of $311.58. The stock has a 50 day moving average of $246.45 and a 200-day moving average of $195.53.

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.