Citizens Financial Group Inc. RI Buys New Shares in Bloom Energy Corporation $BE

Key Points

• Citizens Financial Group Inc. RI added a new position in Bloom Energy in Q4, buying 5,588 shares valued at about $486,000 according to its latest 13F filing.
• Bloom Energy beat expectations with EPS of $0.44 vs. $0.12 and revenue of $751.1M (+130.4% YoY) for the quarter, set FY2026 guidance of 1.850–2.250 EPS, and carries a consensus Moderate Buy rating with a $213.81 price target.
• Insiders sold a large block (490,092 shares, about $88.3M) over the last quarter, while hedge funds and other institutional investors own roughly 77.04% of the company.

Citizens Financial Group Inc. RI bought a new stake in shares of Bloom Energy Corporation (NYSE:BE - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,588 shares of the company's stock, valued at approximately $486,000.

Other large investors also recently modified their holdings of the company. WPG Advisers LLC lifted its stake in shares of Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company's stock valued at $28,000 after buying an additional 67 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new position in shares of Bloom Energy during the 3rd quarter valued at $32,000. Fifth Third Bancorp purchased a new position in shares of Bloom Energy during the 3rd quarter valued at $32,000. Parkside Financial Bank & Trust lifted its stake in shares of Bloom Energy by 250.9% during the 3rd quarter. Parkside Financial Bank & Trust now owns 393 shares of the company's stock valued at $33,000 after buying an additional 281 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of Bloom Energy by 674.7% during the 1st 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 in the last quarter. Hedge funds and other institutional investors own 77.04% of the company's stock.

Bloom Energy Stock Performance

Shares of NYSE BE opened at $288.11 on Tuesday. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The company has a market cap of $80.83 billion, a P/E ratio of -5,761.11 and a beta of 3.82. The firm's fifty day moving average is $172.25 and its two-hundred day moving average is $138.39. Bloom Energy Corporation has a 52-week low of $16.05 and a 52-week high of $302.99.

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

Wall Street Analyst Weigh In

BE has been the topic of a number of research reports. Truist Financial set a $68.00 price target on shares of Bloom Energy in a report on Friday, January 9th. BMO Capital Markets lifted their price target on shares of Bloom Energy to $149.00 and gave the company a "market perform" rating in a report on Friday, February 6th. Wall Street Zen upgraded shares of Bloom Energy from a "hold" rating to a "buy" rating in a report on Saturday. Evercore reiterated an "outperform" rating and issued a $179.00 price target on shares of Bloom Energy in a report on Friday, February 6th. Finally, Zacks Research upgraded shares of Bloom Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 7th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Bloom Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of $213.81.

Insider Buying and Selling at Bloom Energy

In other news, insider Satish Chitoori sold 20,000 shares of the company's stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $204.23, for a total transaction of $4,084,600.00. Following the sale, the insider directly owned 212,365 shares in the company, valued at approximately $43,371,303.95. This represents a 8.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Aman Joshi sold 10,000 shares of the company's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $135.88, for a total transaction of $1,358,800.00. Following the sale, the insider owned 180,521 shares in the company, valued at $24,529,193.48. This represents a 5.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 490,092 shares of company stock valued at $88,329,475 over the last quarter. 3.00% of the stock is owned by corporate insiders.

About Bloom Energy

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.

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