True Vision MN LLC Sells 274 Shares of GE Vernova Inc. (NYSE:GEV)

True Vision MN LLC reduced its holdings in GE Vernova Inc. (NYSE:GEV) by 8.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,882 shares of the company’s stock after selling 274 shares during the period. True Vision MN LLC’s holdings in GE Vernova were worth $735,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Waverton Investment Management Ltd increased its position in GE Vernova by 10.0% during the third quarter. Waverton Investment Management Ltd now owns 727,704 shares of the company’s stock worth $185,459,000 after acquiring an additional 66,455 shares during the period. Hanlon Investment Management Inc. acquired a new stake in GE Vernova in the 3rd quarter worth $1,101,000. Atria Investments Inc increased its holdings in shares of GE Vernova by 127.0% during the 3rd quarter. Atria Investments Inc now owns 5,088 shares of the company’s stock worth $1,297,000 after purchasing an additional 2,847 shares during the period. Aspire Private Capital LLC acquired a new position in shares of GE Vernova during the second quarter valued at about $40,000. Finally, Fractal Investments LLC bought a new stake in shares of GE Vernova in the third quarter valued at about $1,530,000.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Guggenheim started coverage on GE Vernova in a research note on Tuesday, September 24th. They set a “buy” rating and a $300.00 price target on the stock. BMO Capital Markets boosted their price objective on GE Vernova from $245.00 to $288.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. Bank of America raised their target price on GE Vernova from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. William Blair began coverage on shares of GE Vernova in a research note on Thursday, August 29th. They set an “outperform” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of GE Vernova in a report on Monday, October 21st. They set a “buy” rating and a $354.00 price objective for the company. Seven analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $274.16.

GE Vernova Stock Down 0.9 %

NYSE GEV traded down $2.98 on Wednesday, hitting $335.91. 65,440 shares of the company were exchanged, compared to its average volume of 3,478,071. GE Vernova Inc. has a 1-year low of $115.00 and a 1-year high of $357.09. The firm has a 50 day moving average of $290.36 and a two-hundred day moving average of $217.76.

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.