Wellington Management Group LLP Has $81.22 Million Holdings in Bloom Energy Corporation $BE

Wellington Management Group LLP cut its position in shares of Bloom Energy Corporation (NYSE:BE) by 87.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 268,306 shares of the company’s stock after selling 1,837,300 shares during the period. Wellington Management Group LLP’s holdings in Bloom Energy were worth $81,216,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Geode Capital Management LLC increased its position in shares of Bloom Energy by 5.4% in the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after acquiring an additional 269,662 shares in the last quarter. Brooklands Fund Management Ltd purchased a new stake in shares of Bloom Energy in the 4th quarter valued at approximately $347,560,000. Amundi boosted its stake in Bloom Energy by 390.7% in the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock worth $274,068,000 after purchasing an additional 2,511,426 shares during the period. Norges Bank acquired a new position in Bloom Energy in the 4th quarter worth approximately $239,683,000. Finally, Jennison Associates LLC boosted its stake in Bloom Energy by 20,074.4% in the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after purchasing an additional 2,673,710 shares during the period. 77.04% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Bloom Energy

Here are the key news stories impacting Bloom Energy this week:

• Positive Sentiment: Potential S&P 500 inclusion: Bloom Energy is among companies reportedly being considered for addition to the S&P 500 during the index’s September rebalancing. An announcement is expected after Friday’s close, with any changes potentially taking effect around September 21. Inclusion could generate demand from index-tracking funds and improve institutional visibility, although it is not guaranteed. Bloom Energy and 7 More Stocks That Could Join the S&P 500 This Month
• Positive Sentiment: AI power demand remains a growth catalyst: Brookfield Asset Management and Bloom expanded an AI infrastructure framework to as much as $25 billion from $5 billion. Bloom could supply fuel-cell systems for data-center power deployments, supporting its long-term revenue opportunity, though Brookfield’s financing framework does not ensure that all projects will be completed or awarded to Bloom. Brookfield Quintupled Its AI Power Framework to $25 Billion
• Neutral Sentiment: Relative-performance coverage: Analysts compared Bloom Energy’s performance with oil-and-energy peers, while broader commentary identified the company as a potential beneficiary of heightened energy-security concerns and demand for alternative power. These articles offered limited new company-specific financial information. Is Bloom Energy Stock Outpacing Its Oils-Energy Peers This Year?
• Negative Sentiment: Multiple law firms publicized a securities class action and a September 28 lead-plaintiff deadline. The complaints allege Bloom’s disclosures understated supply-chain exposure to China, including alleged Chinese scandium sourcing through third countries, and point to a July 8 investigative report followed by a sharp share-price decline. The allegations have not been proven, but the litigation creates legal, reputational, and potential financial risks and may weigh on sentiment. Bloom Energy Securities Class Action Notice

Insider Buying and Selling at Bloom Energy

In related news, insider Shawn Marie Soderberg sold 2,895 shares of Bloom Energy stock in a transaction on Friday, August 14th. The stock was sold at an average price of $233.60, for a total transaction of $676,272.00. Following the completion of the sale, the insider owned 129,370 shares of the company’s stock, valued at approximately $30,220,832. This trade represents a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 4,677 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $241.75, for a total value of $1,130,664.75. Following the completion of the transaction, the insider owned 159,130 shares in the company, valued at $38,469,677.50. This trade represents a 2.86% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 89,464 shares of company stock valued at $22,131,255 in the last quarter. Corporate insiders own 3.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BE. Truist Financial cut their target price on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating on the stock in a research note on Wednesday, July 29th. Clear Str raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. UBS Group lowered their price target on Bloom Energy from $350.00 to $300.00 and set a “buy” rating on the stock in a report on Wednesday, July 29th. Robert W. Baird reissued an “outperform” rating and set a $310.00 price target on shares of Bloom Energy in a research report on Thursday, July 9th. Finally, BMO Capital Markets reduced their price objective on Bloom Energy from $279.00 to $227.00 and set a “market perform” rating for the company in a research note on Wednesday, July 29th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Bloom Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $248.05.

Bloom Energy Stock Up 1.5%

Bloom Energy stock opened at $216.75 on Thursday. Bloom Energy Corporation has a twelve month low of $50.05 and a twelve month high of $351.28. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The firm has a market cap of $63.84 billion, a PE ratio of 289.00, a P/E/G ratio of 2.93 and a beta of 3.80. The firm’s 50 day moving average price is $228.44 and its two-hundred day moving average price is $220.88.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $826.13 million. During the same quarter last year, the business posted $0.10 EPS. The company’s revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, research analysts predict that Bloom Energy Corporation will post 1.92 EPS for the current fiscal year.

About Bloom Energy

Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.

Founded in 2001 by Dr.