Thompson Davis & CO. Inc. Has $523,000 Stock Position in GE Vernova Inc. (NYSE:GEV)

Thompson Davis & CO. Inc. boosted its stake in shares of GE Vernova Inc. (NYSE:GEV) by 3.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,050 shares of the company’s stock after buying an additional 59 shares during the period. Thompson Davis & CO. Inc.’s holdings in GE Vernova were worth $523,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Deseret Mutual Benefit Administrators acquired a new position in GE Vernova in the 2nd quarter worth approximately $25,000. Trifecta Capital Advisors LLC purchased a new position in shares of GE Vernova during the second quarter valued at $25,000. Meeder Asset Management Inc. acquired a new position in GE Vernova during the second quarter valued at $25,000. Global Trust Asset Management LLC purchased a new stake in GE Vernova in the 2nd quarter worth about $26,000. Finally, Timber Creek Capital Management LLC acquired a new stake in GE Vernova during the 2nd quarter worth about $27,000.

GE Vernova Stock Performance

Shares of NYSE:GEV opened at $339.92 on Wednesday. The business has a 50 day moving average price of $278.72 and a 200 day moving average price of $211.66. GE Vernova Inc. has a twelve month low of $115.00 and a twelve month high of $349.79.

Analyst Upgrades and Downgrades

Several analysts recently commented 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. JPMorgan Chase & Co. boosted their price target on shares of GE Vernova from $285.00 to $330.00 and gave the company an “overweight” rating in a report 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. Morgan Stanley boosted their target price on GE Vernova from $301.00 to $367.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Finally, Mizuho raised their price target on GE Vernova from $186.00 to $208.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Seven 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. According to MarketBeat, GE Vernova presently has a consensus rating of “Moderate Buy” and a consensus price target of $264.55.

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.