Dynamic Technology Lab Private Ltd Takes Position in GE Vernova Inc. (NYSE:GEV)

Dynamic Technology Lab Private Ltd acquired a new stake in GE Vernova Inc. (NYSE:GEV) in the 3rd quarter, HoldingsChannel reports. The fund acquired 2,136 shares of the company’s stock, valued at approximately $545,000.

Other large investors also recently made changes to their positions in the company. Castleview Partners LLC acquired a new stake in shares of GE Vernova in the 3rd quarter valued at approximately $28,000. Covestor Ltd raised its stake in GE Vernova by 61.3% in the 3rd quarter. Covestor Ltd now owns 121 shares of the company’s stock valued at $31,000 after acquiring an additional 46 shares during the period. Darwin Wealth Management LLC bought a new stake in GE Vernova in the 3rd quarter valued at $31,000. Planning Capital Management Corp raised its stake in GE Vernova by 1,000.0% in the 3rd quarter. Planning Capital Management Corp now owns 143 shares of the company’s stock valued at $36,000 after acquiring an additional 130 shares during the period. Finally, Deseret Mutual Benefit Administrators bought a new stake in GE Vernova in the 2nd quarter valued at $25,000.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on GEV. Deutsche Bank Aktiengesellschaft began coverage on GE Vernova in a research note on Monday, October 21st. They issued a “buy” rating and a $354.00 price target on the stock. Oppenheimer began coverage on GE Vernova in a research note on Thursday, September 26th. They issued a “market perform” rating on the stock. HSBC restated a “hold” rating and issued a $255.00 price target (up previously from $240.00) on shares of GE Vernova in a research note on Friday, October 4th. JPMorgan Chase & Co. increased their price objective on GE Vernova from $285.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Finally, Barclays increased their price objective on GE Vernova from $300.00 to $320.00 and gave the stock an “overweight” rating in a research 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 data from MarketBeat, GE Vernova currently has an average rating of “Moderate Buy” and a consensus price target of $274.16.

GE Vernova Stock Down 0.3 %

NYSE:GEV opened at $334.29 on Friday. The stock’s 50-day simple moving average is $295.95 and its 200 day simple moving average is $220.59. GE Vernova Inc. has a twelve month low of $115.00 and a twelve month high of $357.09.

GE Vernova Company 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.