GE Vernova Inc. (NYSE:GEV) Shares Bought by Centaurus Financial Inc.

Centaurus Financial Inc. raised its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 12.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 823 shares of the company’s stock after buying an additional 88 shares during the quarter. Centaurus Financial Inc.’s holdings in GE Vernova were worth $210,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Deseret Mutual Benefit Administrators acquired a new position in GE Vernova in the second quarter valued at approximately $25,000. Trifecta Capital Advisors LLC acquired a new position in shares of GE Vernova in the 2nd quarter valued at $25,000. Meeder Asset Management Inc. purchased a new position in shares of GE Vernova in the 2nd quarter valued at $25,000. Global Trust Asset Management LLC acquired a new stake in GE Vernova during the 2nd quarter worth $26,000. Finally, Timber Creek Capital Management LLC purchased a new stake in GE Vernova in the second quarter valued at $27,000.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft began coverage on GE Vernova in a research report on Monday, October 21st. They set a “buy” rating and a $354.00 target price on the stock. William Blair assumed coverage on GE Vernova in a report on Thursday, August 29th. They issued an “outperform” rating for the company. HSBC reaffirmed a “hold” rating and issued a $255.00 target price (up from $240.00) on shares of GE Vernova in a report on Friday, October 4th. Morgan Stanley increased their price target on shares of GE Vernova from $301.00 to $367.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Finally, Guggenheim began coverage on shares of GE Vernova in a research note on Tuesday, September 24th. They issued a “buy” rating and a $300.00 price objective on the stock. Seven analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, GE Vernova currently has a consensus rating of “Moderate Buy” and a consensus target price of $274.16.

GE Vernova Stock Performance

Shares of GEV opened at $335.35 on Thursday. GE Vernova Inc. has a twelve month low of $115.00 and a twelve month high of $357.09. The firm’s 50-day moving average is $292.35 and its two-hundred day moving average is $218.58.

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.