Bloom Energy Corporation $BE Holdings Cut by Rockefeller Capital Management L.P.

Key Points

• Rockefeller Capital Management cut its Bloom Energy stake by 24.7% in the fourth quarter, selling 52,706 shares and leaving it with 161,063 shares valued at about $14 million.
• Institutional ownership remains high, with several other investors either initiating or increasing positions; overall, 77.04% of Bloom Energy stock is owned by institutions.
• Bloom Energy reported strong quarterly results, beating EPS and revenue estimates with revenue up 130.4% year over year, but the stock has also drawn mixed analyst views and skepticism about whether its AI-power rally can continue.

Rockefeller Capital Management L.P. reduced its stake in Bloom Energy Corporation (NYSE:BE - Free Report) by 24.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 161,063 shares of the company's stock after selling 52,706 shares during the period. Rockefeller Capital Management L.P. owned 0.06% of Bloom Energy worth $13,995,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. World Investment Advisors bought a new stake in shares of Bloom Energy in the 4th quarter worth approximately $1,112,000. Corient Private Wealth LLC increased its position in Bloom Energy by 57.4% in the fourth quarter. Corient Private Wealth LLC now owns 35,947 shares of the company's stock worth $3,123,000 after buying an additional 13,113 shares during the period. Hsbc Holdings PLC lifted its stake in Bloom Energy by 31.6% in the fourth quarter. Hsbc Holdings PLC now owns 342,223 shares of the company's stock valued at $29,697,000 after buying an additional 82,089 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Bloom Energy during the fourth quarter worth about $3,665,000. Finally, Virtu Financial LLC bought a new position in shares of Bloom Energy during the fourth quarter worth about $360,000. 77.04% of the stock is owned by institutional investors.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy is still being highlighted as a major beneficiary of the AI data-center power buildout, with multiple articles pointing to strong demand for on-site power solutions and positioning the company as a key “AI power crisis” winner. 5 Stocks Solving the AI Power Crisis (BE)
• Positive Sentiment: Coverage also noted Bloom Energy holding near record levels, reflecting continued momentum behind the fuel-cell trade as investors chase companies tied to power needs from AI infrastructure. Bloom Energy Holds Near a Record as AI Power Demand Drives the Fuel-Cell Trade
• Positive Sentiment: Bloom Energy was also included in investment-ideas and alternative-energy roundups, which can reinforce bullish sentiment around the stock’s growth story. Zacks Investment Ideas feature highlights: Bloom, Oracle, Brookfield Asset Management, Crescent and Diversified Energy
• Neutral Sentiment: Bernstein initiated coverage with a Market Perform rating, signaling a wait-and-see stance rather than a strong bullish call. Bernstein Initiates Coverage of Bloom Energy (BE) with Market Perform. Here is Why
• Neutral Sentiment: Several commentary pieces asked whether Bloom Energy has become a “dangerous value trap” or is caught up in an AI-energy bubble, adding skepticism after the stock’s big run. Buy, Hold, or Sell: Bloom Energy Stock Ripped Past $345 to an All-Time High. Is This AI Energy Play a Dangerous Value Trap?
• Negative Sentiment: Recent articles focused on the stock declining more than the broader market and questioned whether the “AI energy darling” narrative is fading, which may have pressured shares today. Bloom Energy (BE) Declines More Than Market: Some Information for Investors

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Barclays lifted their price objective on shares of Bloom Energy from $254.00 to $276.00 and gave the company an "equal weight" rating in a research report on Tuesday. TD Cowen raised their price target on shares of Bloom Energy to $235.00 and gave the company a "hold" rating in a research note on Wednesday, April 29th. Jefferies Financial Group raised Bloom Energy from an "underperform" rating to a "hold" rating and set a $187.00 price target on the stock in a report on Tuesday, April 14th. UBS Group set a $322.00 price objective on Bloom Energy in a research report on Monday. Finally, Morgan Stanley reissued an "overweight" rating and issued a $310.00 price objective on shares of Bloom Energy in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Bloom Energy presently has an average rating of "Moderate Buy" and an average target price of $224.36.

Bloom Energy Stock Down 7.4%

BE stock opened at $320.40 on Wednesday. The firm's 50-day moving average is $269.21 and its two-hundred day moving average is $181.93. The company has a market capitalization of $91.13 billion, a price-to-earnings ratio of -6,406.72 and a beta of 3.73. Bloom Energy Corporation has a 52 week low of $21.50 and a 52 week high of $349.99. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BE - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business had revenue of $751.05 million during the quarter, compared to analysts' expectations of $539.94 million. During the same period last year, the firm posted $0.03 earnings per share. The business's revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, analysts forecast that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Insider Activity at Bloom Energy

In related news, Director John T. Chambers sold 55,000 shares of Bloom Energy stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Satish Chitoori sold 20,000 shares of Bloom Energy stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total value of $4,084,600.00. Following the transaction, the insider directly owned 212,365 shares in the company, valued at approximately $43,371,303.95. The trade was a 8.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 230,274 shares of company stock worth $58,696,472 in the last quarter. Company 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.

Want to see what other hedge funds are holding BE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bloom Energy Corporation (NYSE:BE - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.