GE Vernova Inc. (NYSE:GEV) Stock Holdings Increased by Atria Investments Inc

Atria Investments Inc boosted its position in shares of GE Vernova Inc. (NYSE:GEV) by 127.0% in the third quarter, Holdings Channel.com reports. The firm owned 5,088 shares of the company’s stock after purchasing an additional 2,847 shares during the period. Atria Investments Inc’s holdings in GE Vernova were worth $1,297,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Newport Trust Company LLC bought a new stake in GE Vernova in the second quarter worth approximately $650,140,000. Bank of New York Mellon Corp bought a new stake in GE Vernova in the second quarter worth $537,674,000. Price T Rowe Associates Inc. MD acquired a new position in GE Vernova during the first quarter worth $367,474,000. Marshall Wace LLP bought a new position in GE Vernova during the second quarter valued at about $399,770,000. Finally, Legal & General Group Plc acquired a new stake in shares of GE Vernova in the second quarter worth about $293,699,000.

Analysts Set New Price Targets

A number of brokerages recently weighed in on GEV. Deutsche Bank Aktiengesellschaft started coverage on GE Vernova in a research note on Monday, October 21st. They issued a “buy” rating and a $354.00 price objective on the stock. William Blair began coverage on shares of GE Vernova in a research note on Thursday, August 29th. They issued an “outperform” rating for the company. The Goldman Sachs Group raised their target price on shares of GE Vernova from $220.00 to $308.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. Bank of America boosted their target price on shares of GE Vernova from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Oppenheimer started coverage on GE Vernova in a research report on Thursday, September 26th. They issued a “market perform” rating on the stock. Seven research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, GE Vernova has an average rating of “Moderate Buy” and an average target price of $264.55.

GE Vernova Price Performance

NYSE GEV opened at $329.76 on Friday. GE Vernova Inc. has a twelve month low of $115.00 and a twelve month high of $349.79. The company’s 50-day simple moving average is $273.49 and its 200 day simple moving average is $208.44.

About GE Vernova

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.