Tokio Marine Asset Management Co. Ltd. Purchases 322 Shares of GE Vernova Inc. (NYSE:GEV)

Tokio Marine Asset Management Co. Ltd. raised its position in shares of GE Vernova Inc. (NYSE:GEV) by 4.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,322 shares of the company’s stock after acquiring an additional 322 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in GE Vernova were worth $2,122,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Castleview Partners LLC acquired a new stake in GE Vernova during the third quarter worth approximately $28,000. Covestor Ltd grew its position in shares of GE Vernova by 61.3% during the 3rd quarter. Covestor Ltd now owns 121 shares of the company’s stock worth $31,000 after buying an additional 46 shares during the period. Planning Capital Management Corp increased its stake in shares of 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 in the last quarter. Deseret Mutual Benefit Administrators bought a new position in GE Vernova during the second quarter worth $25,000. Finally, Trifecta Capital Advisors LLC acquired a new stake in GE Vernova in the second quarter worth $25,000.

GE Vernova Trading Down 2.2 %

GEV opened at $326.04 on Friday. GE Vernova Inc. has a twelve month low of $115.00 and a twelve month high of $349.79. The company’s 50-day moving average price is $268.31 and its two-hundred day moving average price is $206.42.

Wall Street Analyst Weigh In

GEV has been the topic of a number of research analyst reports. Morgan Stanley increased their price objective on shares of GE Vernova from $256.00 to $301.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. William Blair began coverage on GE Vernova in a research note on Thursday, August 29th. They issued an “outperform” rating for the company. Evercore ISI upped their target price on GE Vernova from $300.00 to $323.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. lifted their price target on shares of GE Vernova from $285.00 to $330.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada upped their price objective on shares of GE Vernova from $262.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $261.40.

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.