2,688 Shares in GE Vernova Inc. (NYSE:GEV) Purchased by Jamison Private Wealth Management Inc.

Jamison Private Wealth Management Inc. acquired a new stake in shares of GE Vernova Inc. (NYSE:GEV) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 2,688 shares of the company’s stock, valued at approximately $461,000.

Several other institutional investors have also recently made changes to their positions in the company. ANTIPODES PARTNERS Ltd bought a new position in shares of GE Vernova during the first quarter valued at approximately $30,000. Lynx Investment Advisory purchased a new stake in GE Vernova in the second quarter worth approximately $34,000. Rise Advisors LLC bought a new stake in GE Vernova in the 2nd quarter worth approximately $35,000. Institutional & Family Asset Management LLC purchased a new stake in GE Vernova during the 2nd quarter valued at $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of GE Vernova during the 2nd quarter valued at $41,000.

GE Vernova Stock Down 2.1 %

GEV stock traded down $3.69 during mid-day trading on Friday, reaching $173.52. 424,693 shares of the stock traded hands, compared to its average volume of 4,078,189. GE Vernova Inc. has a one year low of $115.00 and a one year high of $185.50. The company has a 50-day simple moving average of $171.42.

Wall Street Analyst Weigh In

GEV has been the subject of a number of research reports. Bank of America assumed coverage on GE Vernova in a research report on Wednesday, April 24th. They set a “neutral” rating and a $150.00 price objective for the company. Argus began coverage on GE Vernova in a research note on Thursday, June 13th. They set a “buy” rating and a $190.00 price target for the company. Mizuho raised their price objective on shares of GE Vernova from $186.00 to $208.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $180.00 price objective on shares of GE Vernova in a research note on Monday, July 22nd. Finally, Daiwa America upgraded GE Vernova to a “strong-buy” rating in a research note on Friday, June 21st. Four investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $188.04.

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.