Bank of New Hampshire Buys Shares of 667 GE Vernova Inc. (NYSE:GEV)

Bank of New Hampshire acquired a new stake in shares of GE Vernova Inc. (NYSE:GEV) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 667 shares of the company’s stock, valued at approximately $114,000.

A number of other hedge funds also recently bought and sold shares of the business. Price T Rowe Associates Inc. MD purchased a new position in GE Vernova in the 1st quarter worth approximately $367,474,000. Steadfast Capital Management LP purchased a new position in GE Vernova in the 1st quarter worth approximately $80,235,000. Kinetic Partners Management LP purchased a new position in GE Vernova in the 1st quarter worth approximately $20,854,000. Yaupon Capital Management LP purchased a new position in GE Vernova in the 1st quarter worth approximately $10,256,000. Finally, Spear Holdings RSC Ltd purchased a new position in GE Vernova in the 1st quarter worth approximately $8,615,000.

Analyst Ratings Changes

GEV has been the topic of a number of research reports. The Goldman Sachs Group raised their target price on shares of GE Vernova from $196.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. BNP Paribas began coverage on shares of GE Vernova in a research report on Wednesday, April 17th. They set an “outperform” rating and a $177.00 price target on the stock. Daiwa America raised shares of GE Vernova to a “strong-buy” rating in a research report on Friday, June 21st. Morgan Stanley raised shares of GE Vernova from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $175.00 to $220.00 in a research report on Thursday. Finally, JPMorgan Chase & Co. lifted their price target on shares of GE Vernova from $195.00 to $216.00 and gave the company an “overweight” rating in a research report on Thursday, July 25th. Four research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $188.04.

GE Vernova Stock Performance

GE Vernova stock traded down $9.30 during trading on Friday, hitting $164.73. The company had a trading volume of 3,314,487 shares, compared to its average volume of 3,046,343. GE Vernova Inc. has a 1-year low of $115.00 and a 1-year high of $185.50. The company has a 50 day simple moving average of $172.19.

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.