1,081 Shares in GE Vernova Inc. (NYSE:GEV) Bought by Heritage Wealth Management Inc.

Heritage Wealth Management Inc. acquired a new position in shares of GE Vernova Inc. (NYSE:GEV) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,081 shares of the company’s stock, valued at approximately $276,000.

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

GE Vernova Price Performance

GEV traded up $1.90 on Friday, hitting $338.68. 175,054 shares of the company were exchanged, compared to its average volume of 3,518,149. GE Vernova Inc. has a 12 month low of $115.00 and a 12 month high of $342.79. The firm has a fifty day simple moving average of $254.36 and a two-hundred day simple moving average of $199.77.

Analyst Ratings Changes

GEV has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price target on shares of GE Vernova from $285.00 to $330.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Evercore ISI upped their price target on GE Vernova from $300.00 to $323.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. The Goldman Sachs Group raised their price objective on GE Vernova from $220.00 to $308.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of GE Vernova in a research note on Monday, October 21st. They issued a “buy” rating and a $354.00 target price for the company. Finally, Royal Bank of Canada upped their price objective 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. Seven investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $261.40.

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.