Bloom Energy Corporation $BE is Marietta Investment Partners LLC’s 5th Largest Position

Marietta Investment Partners LLC reduced its position in Bloom Energy Corporation (NYSE:BE) by 5.7% in the 1st quarter, Holdings Channel reports. The firm owned 98,832 shares of the company’s stock after selling 5,924 shares during the period. Bloom Energy makes up 2.7% of Marietta Investment Partners LLC’s holdings, making the stock its 5th biggest holding. Marietta Investment Partners LLC’s holdings in Bloom Energy were worth $13,391,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BE. Brooklands Fund Management Ltd purchased a new stake in Bloom Energy in the fourth quarter valued at approximately $347,560,000. Norges Bank purchased a new position in shares of Bloom Energy during the fourth quarter worth approximately $239,683,000. Amundi increased its holdings in shares of Bloom Energy by 390.7% in the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after acquiring an additional 2,511,426 shares during the period. Man Group plc increased its holdings in shares of Bloom Energy by 177.4% in the 2nd quarter. Man Group plc now owns 2,392,915 shares of the company’s stock valued at $57,239,000 after acquiring an additional 1,530,167 shares during the period. Finally, Wellington Management Group LLP purchased a new stake in Bloom Energy in the 3rd quarter valued at $98,444,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Key Bloom Energy News

Here are the key news stories impacting Bloom Energy this week:

• Positive Sentiment: Brookfield expanded its AI power-financing partnership with Bloom Energy to $25 billion, strengthening Bloom’s growth story and potential fuel-cell deployments for data centers. Shorting the Grid: Bloom Energy’s $25B AI Power Play
• Positive Sentiment: Multiple reports highlighted Bloom Energy as a leading beneficiary of AI-related power demand, reinforcing investor confidence in the company’s long-term opportunity. Bloom Energy’s $25B partnership targets AI’s next bottleneck
• Neutral Sentiment: Insider Aman Joshi sold 8,343 shares, which may add modest caution but does not by itself signal a change in Bloom Energy’s fundamentals. Bloom Energy Insider Aman Joshi Sells 8,343 Shares
• Negative Sentiment: Bloom Energy saw a recent pullback after a strong rally, reflecting some profit-taking and valuation concerns among investors. Bloom Energy Stock Moves -6.43%: What You Should Know
• Negative Sentiment: Some analysts and commentators warned the stock may already be priced for near-perfect execution, which could limit upside if growth slows or deals take longer to convert into revenue.

Bloom Energy Trading Up 0.1%

Shares of Bloom Energy stock opened at $271.13 on Monday. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. Bloom Energy Corporation has a 1 year low of $22.81 and a 1 year high of $351.28. The company has a market capitalization of $77.12 billion, a P/E ratio of -5,421.48 and a beta of 3.73. The business has a 50 day moving average price of $281.32 and a 200 day moving average price of $192.11.

Bloom Energy (NYSE:BE) last announced its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The firm had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.Bloom Energy’s quarterly revenue was up 130.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Sell-side analysts anticipate that Bloom Energy Corporation will post 1.34 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on BE. Wells Fargo & Company increased their price target on shares of Bloom Energy to $217.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 29th. Evercore reiterated an “outperform” rating and set a $350.00 target price on shares of Bloom Energy in a research report on Wednesday. Morgan Stanley reaffirmed an “overweight” rating and issued a $310.00 target price on shares of Bloom Energy in a report on Wednesday, April 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a report on Friday, April 24th. Finally, Susquehanna raised their price target on Bloom Energy to $293.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $236.14.

Insiders Place Their Bets

In related news, CAO Maciej Kurzymski sold 2,259 shares of Bloom Energy stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total transaction of $651,992.58. Following the completion of the sale, the chief accounting officer owned 79,686 shares in the company, valued at approximately $22,998,973.32. This trade represents a 2.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 55,000 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the completion of the transaction, the director directly owned 238,333 shares of the company’s stock, valued at $70,949,350.77. The trade was a 18.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 228,617 shares of company stock valued at $59,843,659. Insiders own 3.00% of the company’s stock.

Bloom Energy Company 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.