Torray Investment Partners LLC Acquires 29,245 Shares of Bloom Energy Corporation $BE

by · The Cerbat Gem

Torray Investment Partners LLC grew its holdings in Bloom Energy Corporation (NYSE:BE – Free Report) by 95.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,031 shares of the company’s stock after acquiring an additional 29,245 shares during the period. Bloom Energy accounts for 1.2% of Torray Investment Partners LLC’s portfolio, making the stock its 28th largest holding. Torray Investment Partners LLC’s holdings in Bloom Energy were worth $8,134,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BE. Blue Trust Inc. raised its holdings in Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 51 shares during the period. HB Wealth Management LLC raised its holdings in shares of Bloom Energy by 1.6% during the 1st quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock worth $466,000 after acquiring an additional 54 shares in the last quarter. WPG Advisers LLC raised its stake in Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after purchasing an additional 67 shares in the last quarter. Cedar Mountain Advisors LLC lifted its holdings in shares of Bloom Energy by 29.0% in the 1st quarter. Cedar Mountain Advisors LLC now owns 334 shares of the company’s stock valued at $45,000 after acquiring an additional 75 shares during the last quarter. Finally, Orion Capital Management LLC lifted its stake in shares of Bloom Energy by 0.7% in the 4th quarter. Orion Capital Management LLC now owns 12,083 shares of the company’s stock valued at $1,050,000 after purchasing an additional 83 shares during the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on BE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research note on Friday, April 24th. Barclays boosted their price target on shares of Bloom Energy from $254.00 to $276.00 and gave the company an “equal weight” rating in a report on Tuesday, June 23rd. Zacks Research cut Bloom Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Susquehanna lifted their price target on shares of Bloom Energy from $293.00 to $298.00 and gave the stock a “positive” rating in a report on Friday. Finally, Morgan Stanley restated an “overweight” rating and set a $310.00 price objective on shares of Bloom Energy in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Bloom Energy has an average rating of “Hold” and an average target price of $242.14.

View Our Latest Report on Bloom Energy

Bloom Energy Price Performance

BE traded down $12.14 on Friday, hitting $244.88. 14,800,589 shares of the company’s stock were exchanged, compared to its average volume of 13,844,773. Bloom Energy Corporation has a fifty-two week low of $24.04 and a fifty-two week high of $351.28. The stock has a market cap of $69.65 billion, a price-to-earnings ratio of -4,896.60 and a beta of 3.73. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The firm has a 50-day moving average price of $283.35 and a 200-day moving average price of $197.67.

Bloom Energy (NYSE:BE – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 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 company had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. During the same quarter in the prior year, the firm earned $0.03 EPS. Bloom Energy’s quarterly 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. As a group, equities analysts anticipate that Bloom Energy Corporation will post 1.4 earnings per share for the current year.

Key Bloom Energy News

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

  • Positive Sentiment: Bloom Energy continues to get support from Wall Street, with Susquehanna raising its price target to $298 and keeping a positive rating, while Robert W. Baird reaffirmed an outperform rating with a $310 target. Benzinga
  • Positive Sentiment: Management has pushed back on the short report, saying it “categorically rejects” claims about supply-chain and scandium sourcing issues, which helped the stock rebound briefly yesterday. Yahoo Finance
  • Neutral Sentiment: The stock has had an enormous AI-power rally over the past year, so some of today’s weakness may reflect profit-taking after a 1,000%+ run rather than a change in the company’s long-term story. 24/7 Wall St.
  • Neutral Sentiment: Bloom Energy’s stock has also drawn multiple securities-fraud investigations, which keeps uncertainty elevated even though these are not operating results. Business Wire
  • Negative Sentiment: Short-seller allegations about scandium and supply-chain exposure are pressuring sentiment, with one report saying Bloom relies on critical minerals tied to China. Yahoo Finance
  • Negative Sentiment: Fuel-cell stocks are broadly unwinding part of their massive 2026 gains, adding sector-wide selling pressure on BE. 24/7 Wall St.
  • Negative Sentiment: Bloom Energy has now retreated sharply from its recent high, with traders questioning whether the stock’s valuation can be justified ahead of earnings. Invezz

Insider Activity

In other Bloom Energy news, insider Aman Joshi sold 8,343 shares of Bloom Energy stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the transaction, the insider directly owned 163,807 shares of the company’s stock, valued at $49,202,708.59. The trade was a 4.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Satish Chitoori sold 2,837 shares of Bloom Energy stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total transaction of $820,205.07. Following the sale, the insider directly owned 207,417 shares in the company, valued at approximately $59,966,328.87. The trade was a 1.35% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 228,617 shares of company stock valued at $59,843,659 in the last quarter. Insiders own 3.00% of the company’s stock.

About Bloom Energy

(Free Report)

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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