Dudley Capital Management LLC Takes $251,000 Position in GE Vernova Inc. (NYSE:GEV)

Dudley Capital Management LLC purchased a new stake in shares of GE Vernova Inc. (NYSE:GEV) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 984 shares of the company’s stock, valued at approximately $251,000.

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

Wall Street Analysts Forecast Growth

GEV has been the subject of several research reports. Mizuho lifted their price target on shares of GE Vernova from $186.00 to $208.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Oppenheimer started coverage on shares of GE Vernova in a report on Thursday, September 26th. They set a “market perform” rating for the company. Royal Bank of Canada upped their price target on GE Vernova from $262.00 to $285.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Evercore ISI raised their price objective on GE Vernova from $300.00 to $323.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, William Blair started coverage on GE Vernova in a report on Thursday, August 29th. They issued an “outperform” rating on the stock. Seven analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.

GE Vernova Trading Up 0.1 %

Shares of GEV opened at $336.78 on Friday. The firm has a fifty day simple moving average of $254.36 and a two-hundred day simple moving average of $199.77. GE Vernova Inc. has a 1-year low of $115.00 and a 1-year high of $340.41.

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.