Hightower Advisors 13F: Adds $2.8M to Bloom Energy (BE) Stake
Hightower Advisors has raised its position in Bloom Energy, now holding over 66,700 shares valued at nearly $19.7 million.
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Hightower Advisors added 9,447 shares to its stake in Bloom Energy Corporation ($BE), a 16.49% increase, according to a 13F filing with the SEC dated May 5, 2026. It reported 66,723 shares worth $19.70 million at the end of the quarter.
Since the filing, $BE is down 4.9% after 1 week, down 1.3% after 1 month and down 25.0% to date (from the $295.25 close on May 5, 2026).
Find the original: Hightower Advisors 13F filings on SEC EDGAR
BE
Bloom Energy Corporation
Key Points
- Hightower Advisors boosted its stake in Bloom Energy (BE) by adding 9,447 shares, raising its total to 66,723 shares valued at approximately $19.7 million as of May 5, 2026.
- Bloom Energy is trading at $295.29, significantly above its previous close of $239.34, and well within its 52-week range of $75.70 to $351.28.
- Analysts have a consensus rating of 'buy' for Bloom Energy, with a mean price target of $284.58, indicating positive sentiment despite current market fluctuations.
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Hightower Advisors Expands Bloom Energy Stake
Hightower Advisors increased its position in Bloom Energy Corporation (NYSE: BE) by 9,447 shares, bringing its total holdings to 66,723 shares valued at about $19.7 million as of May 5, 2026. This represents a 16.5% increase in the fund's stake. The latest filing reflects Hightower's commitment to Bloom Energy, a company focused on clean energy solutions.
Hightower Advisors vs. the S&P 500
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Institutional Activity in Bloom Energy
No other funds reported changes to their positions in Bloom Energy during this filing period. Hightower Advisors' move stands out among institutional investors, as it continues to bolster its holdings in the renewable energy sector.
How Bloom Energy Corporation Stock Has Traded
Bloom Energy shares are currently trading at $295.29, a substantial increase from the previous close of $239.34. The stock is well within its 52-week range, which spans from $75.70 to $351.28. This upward movement suggests strong interest and confidence in the company’s growth potential.
Recent Earnings
In its latest earnings report, Bloom Energy reported revenue of approximately $3.11 billion and a net margin of 7.87%. The company has shown significant revenue growth of 65.5% year-over-year and is scheduled to announce its next earnings on October 22, 2026.
Insider Buying and Selling at Bloom Energy Corporation
On June 16, 2026, Aman Joshi, the Chief Commercial Officer of Bloom Energy, sold 3,558 shares at an average price of $289.14, totaling about $1.03 million. This transaction was part of a planned selling strategy.
Analysts Set New Price Targets
Analysts have maintained a generally positive outlook on Bloom Energy. On October 16, 2026, Truist Securities kept a 'Hold' rating with a target price of $240. Baird also maintained an 'Outperform' rating with a target of $351 on October 15, 2026. UBS reiterated its 'Buy' rating with a target of $350 on October 7, 2026, indicating ongoing confidence in the company’s future performance.
What Bloom Energy Corporation Does
Bloom Energy Corporation designs and manufactures solid oxide fuel cell systems for on-site power generation. With a focus on clean energy, it serves various industries, including utilities and telecommunications. Hightower Advisors' increased stake reflects confidence in Bloom Energy's growth potential in the renewable energy market.
What's Ahead for Bloom Energy Corporation
Investors will be watching for Bloom Energy's next earnings report on October 22, 2026. As a reminder, the latest 13F filing shows past holdings and may not represent current positions. Hightower Advisors' recent activity suggests it remains optimistic about Bloom Energy’s future prospects.
Related Filing Alerts
Source: Hightower Advisors's 13F filing on $BE (May 5, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Hightower Advisors 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts