Avior Wealth Management LLC Buys 89 Shares of GE Vernova Inc. (NYSE:GEV)

Avior Wealth Management LLC increased its stake in shares of GE Vernova Inc. (NYSE:GEV) by 3.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,423 shares of the company’s stock after buying an additional 89 shares during the period. Avior Wealth Management LLC’s holdings in GE Vernova were worth $618,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of GEV. LRI Investments LLC bought a new position in GE Vernova during the 1st quarter worth $63,000. Price T Rowe Associates Inc. MD acquired a new stake in GE Vernova in the 1st quarter worth about $367,474,000. Steadfast Capital Management LP bought a new stake in GE Vernova in the 1st quarter valued at about $80,235,000. Kinetic Partners Management LP acquired a new position in shares of GE Vernova during the 1st quarter worth approximately $20,854,000. Finally, Yaupon Capital Management LP bought a new position in shares of GE Vernova during the first quarter worth approximately $10,256,000.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on GEV. Barclays boosted their price target on GE Vernova from $300.00 to $320.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Hsbc Global Res lowered GE Vernova from a “strong-buy” rating to a “hold” rating in a report on Friday, October 4th. Bank of America boosted their price target on GE Vernova from $300.00 to $320.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Wells Fargo & Company assumed coverage on shares of GE Vernova in a research note on Thursday. They set an “overweight” rating and a $385.00 price objective on the stock. Finally, JPMorgan Chase & Co. upped their price target on shares of GE Vernova from $285.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $270.02.

GE Vernova Stock Down 0.5 %

GEV stock opened at $340.90 on Friday. GE Vernova Inc. has a 52-week low of $115.00 and a 52-week high of $357.09. The company has a fifty day moving average price of $283.91 and a 200-day moving average price of $213.46.

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.