Overview of the Recent Transaction On September 30, 2024, Vanguard Group Inc, a prominent investment firm, expanded its portfolio by acquiring an additional 601,784 shares of GE Vernova Inc (GEV, Financial), a leader in the electric power industry. This transaction increased Vanguard's total holdings in GE Vernova to 27,499,067 shares, reflecting a significant commitment to the company. The shares were purchased at a price of $254.98 each, marking a strategic addition to Vanguard’s diverse investment portfo ...

CHINA - 2024/07/27: In this photo illustration, General Electric logo is displayed on a smartphone ... [+] with a laptop keyboard background. (Photo Illustration by Serene Lee/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesGeneral Electric stock (NYSE: GE) has had a solid run, rising more than 2x in the last twelve months from levels of about $90 per share in September 2023 to $190 now, led by its solid business fundamentals and its steady growth in Aerospace revenues. Ther ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying GE stock? Here's what analysts think: GE Aerospace has a consensus price target of $168.36 based on the ratings of 26 analysts. The high is $235 issued by Deutsche Bank on October 3, 2024. The low is $72 issued by Wells Fargo on July 13, 2022. The 3 most-recent analyst ratings were released by Deutsche ...

GE Vernova GEV is a relatively new stock that has nearly doubled its value since it started trading in March. The stalwart American firm General Electric GE spun it off, and it is now a $70 billion industrial company. Even after a massive price increase, several Wall Street analysts at big-name firms still see more room for the stock to run. So, what exactly does GE Vernova do, and is it a compelling investment? GE Vernova: Electrifying the World GE Vernova is a parts, maintenance, and technology provider t ...

GE Vernova Inc. GEV shares are trading lower on Thursday. Truist Securities analyst Jordan Levy initiated coverage on the company with a Buy Rating and a price target of $300.The analyst writes that GEV is uniquely positioned to capitalize on the multiple secular tailwinds driving the energy transition.Notably, the analyst anticipates further upside as GEV accelerates growth and margin expansion, driven by significant shifts in U.S. power demand.Levy writes that GEV is in the early stages of a growth inflec ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In April 2023, I marked s hares of GE Aerospace (NYSE: GE ) a buy. The company was set to focus on aerospace and defense, which I believe has significant growth prospects ahead and would positively enhance the value ofDhierin runs the investing gro ...

The aerospace giant continues to see favorable near-term tailwinds in 2024.Another week, another analyst upgrade for GE Aerospace (GE -0.26%), with Deutsche Bank nudging the price target for the stock up from $210 to $212 and maintaining a buy rating. The target implies a 12.7% jump in the stock price over the next 12 months.Wall Street is in love with GE AerospaceThis upgrade comes a couple of weeks after Bernstein initiated coverage with a $201 price target and an outperform rating on the stock. Given the ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying GEV stock? Here’s what analysts think: Read Next: ...

The aerospace giant continues to impress as the most reliable operator in the industry.Bernstein began covering GE Aerospace (GE 0.19%), and its analyst slapped a $201 price target on the stock alongside an outperform rating. For context, the target represents a 20% upside from the stock's current price.Bernstein's price targetBased on the Wall Street consensus for $4.25 in earnings per share in 2024, hitting the price target would put GE Aerospace on a price-to-earnings multiple of slightly more than 47 ti ...

The company has double-digit earnings and dividend growth upside.General Electric, as your grandparents knew it, is gone. Over the years, the company has broken itself up into pieces, spinning off different businesses and leaving the aerospace segment with the company's original ticker symbol.Now, GE Aerospace (GE 0.99%) stands alone and offers investors a compelling business model capable of excellent long-term investment returns. The market has already shown GE Aerospace a lot of love; the stock has risen ...