Childress Capital Advisors LLC Purchases Shares of 883 GE Vernova Inc. (NYSE:GEV)

Childress Capital Advisors LLC purchased a new stake in GE Vernova Inc. (NYSE:GEV) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 883 shares of the company’s stock, valued at approximately $225,000.

Other large investors have also recently bought and sold shares of the company. Deseret Mutual Benefit Administrators acquired a new position in shares of GE Vernova during the 2nd quarter worth approximately $25,000. Trifecta Capital Advisors LLC acquired a new position in shares of GE Vernova during the 2nd quarter worth approximately $25,000. Meeder Asset Management Inc. acquired a new position in shares of GE Vernova during the 2nd quarter worth approximately $25,000. Global Trust Asset Management LLC acquired a new position in shares of GE Vernova during the 2nd quarter worth approximately $26,000. Finally, Timber Creek Capital Management LLC acquired a new position in shares of GE Vernova during the 2nd quarter worth approximately $27,000.

Analysts Set New Price Targets

A number of research analysts have issued reports on GEV shares. Jefferies Financial Group increased their target price 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. Royal Bank of Canada increased their target price on shares of GE Vernova from $262.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Hsbc Global Res lowered shares of GE Vernova from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 4th. Morgan Stanley increased 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. Finally, The Goldman Sachs Group increased 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. Seven equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $261.40.

GE Vernova Stock Down 0.4 %

GEV stock opened at $297.60 on Thursday. The company has a fifty day moving average price of $241.78 and a 200-day moving average price of $193.61. GE Vernova Inc. has a 52-week low of $115.00 and a 52-week high of $301.53.

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.