Dynamic Technology Lab Private Ltd Makes New $545,000 Investment in GE Vernova Inc. (NYSE:GEV)

Dynamic Technology Lab Private Ltd bought a new stake in GE Vernova Inc. (NYSE:GEV) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,136 shares of the company’s stock, valued at approximately $545,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Pittenger & Anderson Inc. boosted its stake in shares of GE Vernova by 28.0% in the 3rd quarter. Pittenger & Anderson Inc. now owns 160 shares of the company’s stock valued at $41,000 after purchasing an additional 35 shares in the last quarter. SteelPeak Wealth LLC lifted its position in GE Vernova by 2.5% during the 3rd quarter. SteelPeak Wealth LLC now owns 1,569 shares of the company’s stock worth $400,000 after buying an additional 38 shares in the last quarter. Global Retirement Partners LLC lifted its position in GE Vernova by 0.9% during the 3rd quarter. Global Retirement Partners LLC now owns 4,507 shares of the company’s stock worth $1,149,000 after buying an additional 40 shares in the last quarter. Whittier Trust Co. lifted its position in GE Vernova by 1.9% during the 3rd quarter. Whittier Trust Co. now owns 2,106 shares of the company’s stock worth $537,000 after buying an additional 40 shares in the last quarter. Finally, Rosenberg Matthew Hamilton lifted its position in GE Vernova by 30.3% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 185 shares of the company’s stock worth $47,000 after buying an additional 43 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on GEV shares. Jefferies Financial Group upped their price target on shares of GE Vernova from $293.00 to $336.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. The Goldman Sachs Group upped their price target on shares of GE Vernova from $220.00 to $308.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. Barclays boosted their price objective on GE Vernova from $300.00 to $320.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. HSBC reissued a “hold” rating and set a $255.00 price objective (up from $240.00) on shares of GE Vernova in a report on Friday, October 4th. Finally, Truist Financial boosted their price objective on GE Vernova from $300.00 to $325.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, GE Vernova presently has a consensus rating of “Moderate Buy” and a consensus target price of $274.16.

GE Vernova Stock Down 0.3 %

NYSE:GEV opened at $334.29 on Friday. GE Vernova Inc. has a twelve month low of $115.00 and a twelve month high of $357.09. The business has a 50 day moving average price of $295.95 and a two-hundred day moving average price of $220.59.

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.