Sigma Planning Corp Has $988,000 Stake in GE Vernova Inc. (NYSE:GEV)

Sigma Planning Corp increased its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 4.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,877 shares of the company’s stock after acquiring an additional 151 shares during the period. Sigma Planning Corp’s holdings in GE Vernova were worth $988,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GEV. Nwam LLC bought a new position in shares of GE Vernova in the first quarter worth about $1,531,000. LRI Investments LLC bought a new position in shares of GE Vernova in the 1st quarter valued at about $63,000. Price T Rowe Associates Inc. MD acquired a new stake in GE Vernova during the 1st quarter worth $367,474,000. Steadfast Capital Management LP acquired a new stake in shares of GE Vernova during the first quarter worth $80,235,000. Finally, Kinetic Partners Management LP bought a new stake in shares of GE Vernova in the 1st quarter valued at about $20,854,000.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on GEV. William Blair began coverage on shares of GE Vernova in a report on Thursday, August 29th. They set an “outperform” rating on the stock. The Goldman Sachs Group upped their price target on GE Vernova from $220.00 to $308.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. Guggenheim started coverage on shares of GE Vernova in a research report on Tuesday, September 24th. They issued a “buy” rating and a $300.00 price objective on the stock. Raymond James cut shares of GE Vernova from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 2nd. Finally, Morgan Stanley boosted their price target on shares of GE Vernova from $256.00 to $301.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $261.40.

GE Vernova Trading Up 3.0 %

NYSE GEV opened at $333.32 on Thursday. The firm’s 50 day simple moving average is $265.64 and its 200 day simple moving average is $205.53. GE Vernova Inc. has a 1 year low of $115.00 and a 1 year high of $349.79.

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.