Curi RMB Capital LLC Has $464,000 Position in GE Vernova Inc. (NYSE:GEV)

Curi RMB Capital LLC lessened its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 10.0% in the third quarter, Holdings Channel.com reports. The fund owned 1,819 shares of the company’s stock after selling 201 shares during the quarter. Curi RMB Capital LLC’s holdings in GE Vernova were worth $464,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in GEV. LRI Investments LLC acquired a new stake in shares of GE Vernova during the first quarter worth $63,000. Price T Rowe Associates Inc. MD acquired a new position in shares of GE Vernova during the 1st quarter worth about $367,474,000. Steadfast Capital Management LP acquired a new position in shares of GE Vernova during the 1st quarter worth about $80,235,000. Kinetic Partners Management LP bought a new stake in shares of GE Vernova in the 1st quarter valued at about $20,854,000. Finally, Yaupon Capital Management LP acquired a new stake in shares of GE Vernova in the 1st quarter valued at approximately $10,256,000.

GE Vernova Price Performance

Shares of NYSE:GEV opened at $329.76 on Friday. The company’s 50-day moving average price is $273.49 and its two-hundred day moving average price is $208.44. GE Vernova Inc. has a one year low of $115.00 and a one year high of $349.79.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on GEV. William Blair began coverage on shares of GE Vernova in a report on Thursday, August 29th. They set an “outperform” rating for the company. Bank of America boosted their price target on shares of GE Vernova from $300.00 to $320.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft initiated coverage on GE Vernova in a research note on Monday, October 21st. They set a “buy” rating and a $354.00 price objective on the stock. HSBC restated a “hold” rating and issued a $255.00 price target (up from $240.00) on shares of GE Vernova in a report on Friday, October 4th. Finally, Barclays lifted 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. Seven investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price 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.