OneDigital Investment Advisors LLC Has $1.94 Million Holdings in GE Vernova Inc. (NYSE:GEV)

OneDigital Investment Advisors LLC increased its holdings in shares of GE Vernova Inc. (NYSE:GEV) by 1.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 7,618 shares of the company’s stock after acquiring an additional 94 shares during the period. OneDigital Investment Advisors LLC’s holdings in GE Vernova were worth $1,942,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Pittenger & Anderson Inc. increased its position 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 purchasing an additional 35 shares during the last quarter. SteelPeak Wealth LLC increased its holdings in GE Vernova by 2.5% during the third quarter. SteelPeak Wealth LLC now owns 1,569 shares of the company’s stock worth $400,000 after buying an additional 38 shares during the last quarter. Global Retirement Partners LLC lifted 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 valued at $1,149,000 after acquiring an additional 40 shares during the last quarter. Whittier Trust Co. grew its position in shares of GE Vernova by 1.9% in the 3rd quarter. Whittier Trust Co. now owns 2,106 shares of the company’s stock valued at $537,000 after acquiring an additional 40 shares during the period. Finally, Rosenberg Matthew Hamilton grew its position in shares of GE Vernova by 30.3% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 185 shares of the company’s stock valued at $47,000 after acquiring an additional 43 shares during the period.

Analysts Set New Price Targets

A number of research firms recently commented on GEV. Mizuho lifted their price target on GE Vernova from $186.00 to $208.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Raymond James lowered GE Vernova from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 2nd. William Blair assumed coverage on GE Vernova in a research note on Thursday, August 29th. They issued an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of GE Vernova in a research report on Monday, October 21st. They set a “buy” rating and a $354.00 price objective for the company. Finally, Truist Financial increased their price objective on shares of GE Vernova from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $264.55.

GE Vernova Stock Up 1.1 %

GEV opened at $329.76 on Monday. The company has a 50-day simple moving average of $273.49 and a 200 day simple moving average of $209.23. GE Vernova Inc. has a twelve month low of $115.00 and a twelve month high of $349.79.

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.