199 Shares in GE Vernova Inc. (NYSE:GEV) Purchased by Lynx Investment Advisory

Lynx Investment Advisory bought a new position in shares of GE Vernova Inc. (NYSE:GEV) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 199 shares of the company’s stock, valued at approximately $34,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Anderson Hoagland & Co. bought a new position in shares of GE Vernova in the first quarter valued at approximately $1,720,000. Maryland State Retirement & Pension System acquired a new position in GE Vernova in the first quarter worth $2,892,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in shares of GE Vernova during the first quarter worth $478,000. Valeo Financial Advisors LLC acquired a new stake in shares of GE Vernova in the first quarter valued at $673,000. Finally, Boit C F David acquired a new stake in shares of GE Vernova in the first quarter valued at $149,000.

GE Vernova Trading Up 2.8 %

GEV traded up $4.59 during trading hours on Wednesday, hitting $168.94. 1,911,888 shares of the company’s stock were exchanged, compared to its average volume of 4,117,475. GE Vernova Inc. has a 1-year low of $115.00 and a 1-year high of $185.50. The firm has a 50-day moving average price of $171.60.

Wall Street Analysts Forecast Growth

GEV has been the subject of a number of research reports. Evercore ISI raised their price target on shares of GE Vernova from $174.00 to $202.00 and gave the company an “outperform” rating in a report on Thursday, July 25th. Morgan Stanley upgraded GE Vernova from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $175.00 to $220.00 in a research report on Thursday, August 1st. Redburn Atlantic assumed coverage on GE Vernova in a report on Tuesday, July 2nd. They issued a “neutral” rating and a $178.00 price target on the stock. BNP Paribas started coverage on GE Vernova in a report on Wednesday, April 17th. They set an “outperform” rating and a $177.00 price objective for the company. Finally, Raymond James began coverage on shares of GE Vernova in a research note on Wednesday, April 17th. They issued an “outperform” rating and a $160.00 target price on the stock. Four research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $188.04.

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.