Nicolet Advisory Services LLC Buys Shares of 985 GE Vernova Inc. (NYSE:GEV)

Nicolet Advisory Services LLC purchased a new position in GE Vernova Inc. (NYSE:GEV) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 985 shares of the company’s stock, valued at approximately $251,000.

A number of other large investors also recently modified their holdings of the business. Castleview Partners LLC bought a new position in GE Vernova in the third quarter worth about $28,000. Covestor Ltd lifted its holdings in shares of GE Vernova by 61.3% in the 3rd quarter. Covestor Ltd now owns 121 shares of the company’s stock worth $31,000 after purchasing an additional 46 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in GE Vernova during the 3rd quarter valued at approximately $31,000. Planning Capital Management Corp grew its stake in GE Vernova by 1,000.0% during the 3rd quarter. Planning Capital Management Corp now owns 143 shares of the company’s stock worth $36,000 after buying an additional 130 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators acquired a new stake in GE Vernova in the second quarter worth $25,000.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on GEV. Deutsche Bank Aktiengesellschaft initiated coverage on shares of GE Vernova in a research report on Monday, October 21st. They issued a “buy” rating and a $354.00 price objective on the stock. Barclays upped their price objective on GE Vernova from $300.00 to $320.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Guggenheim began coverage on shares of GE Vernova in a report on Tuesday, September 24th. They set a “buy” rating and a $300.00 target price for the company. Bank of America increased their price target on GE Vernova from $300.00 to $320.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Finally, Raymond James cut shares of GE Vernova from an “outperform” rating to a “market perform” rating in a research report on Wednesday, October 2nd. Seven analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $270.02.

GE Vernova Price Performance

Shares of NYSE GEV opened at $349.16 on Monday. The business’s 50-day simple moving average is $286.37 and its 200-day simple moving average is $215.41. GE Vernova Inc. has a 52 week low of $115.00 and a 52 week 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.