V. M. Manning & CO. Inc. Makes New Investment in Bloom Energy Corporation $BE

V. M. Manning & CO. Inc. acquired a new stake in Bloom Energy Corporation (NYSE:BE) in the fourth quarter, HoldingsChannel reports. The firm acquired 3,100 shares of the company’s stock, valued at approximately $269,000.

Other institutional investors have also modified their holdings of the company. WPG Advisers LLC raised its position in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after buying an additional 67 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Bloom Energy by 45.5% in the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after buying an additional 100 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of Bloom Energy in the third quarter valued at approximately $32,000. NewEdge Advisors LLC raised its position in shares of Bloom Energy by 674.7% in the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after buying an additional 1,626 shares during the last quarter. Finally, Lodestone Wealth Management LLC acquired a new position in shares of Bloom Energy in the fourth quarter valued at approximately $43,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy Price Performance

Bloom Energy stock opened at $294.09 on Thursday. Bloom Energy Corporation has a 1 year low of $18.12 and a 1 year high of $322.83. The firm has a 50 day moving average price of $215.65 and a 200 day moving average price of $158.27. The company has a market cap of $83.65 billion, a price-to-earnings ratio of -5,880.58 and a beta of 3.82. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. During the same period in the previous year, the firm earned $0.03 earnings per share. Bloom Energy’s revenue was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Sell-side analysts predict that Bloom Energy Corporation will post 1.31 earnings per share for the current year.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 4,813 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $288.20, for a total transaction of $1,387,106.60. Following the completion of the sale, the insider directly owned 175,708 shares in the company, valued at $50,639,045.60. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,746 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $259.42, for a total transaction of $712,367.32. Following the sale, the insider owned 135,107 shares of the company’s stock, valued at approximately $35,049,457.94. This represents a 1.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 270,027 shares of company stock valued at $55,319,814 in the last quarter. Insiders own 3.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. TD Cowen boosted their price objective on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price objective on shares of Bloom Energy to $267.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Susquehanna boosted their price objective on shares of Bloom Energy to $293.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Mizuho set a $285.00 price objective on shares of Bloom Energy in a research report on Friday, May 1st. Finally, Morgan Stanley restated an “overweight” rating and issued a $310.00 target price on shares of Bloom Energy in a report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $217.48.

Bloom Energy Profile

Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.

Founded in 2001 by Dr.