Mutual of America Capital Management 13F: Adds $7.6M to BE Stake

Mutual of America Capital Management increased its holdings in Bloom Energy Corporation BE by 27,346 shares during the period, according to a Form 13F filing on October 23, 2026. The institutional investor held 2,732 shares previously and finished the period with 30,078 shares. That position carried a reported value of about $8,331,004, representing a 1,000.9% increase in shares.

BE Bloom Energy Corporation

$193.30 ▲ +95.87% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mutual of America Capital Management's Bloom Energy Position

The fund expanded its investment by adding 27,346 shares of the electrical equipment maker. The total stake grew from 2,732 shares up to 30,078 shares. The reported value of the holding reached roughly $8.33 million in the filing.

Other Institutional Activity in Bloom Energy

Other large investors adjusted their positions in the company around the same time. Ameriprise Financial, Inc. reduced its holdings by 4,753,946 shares, ending with 18,134,575 shares worth about $3,505,413,402. Situational Awareness LP trimmed its stake by 212,725 shares to finish with 6,272,808 shares valued at about $1,212,533,805. Value Aligned Research Advisors, LLC grew its holdings by 1,000,399 shares, finishing with 5,585,179 shares valued at about $1,079,615,117.

Bloom Energy Corporation Stock Down 19.0%

Bloom Energy Corporation shares recently traded around $193.12, down about 0.1% from an event-day close of $193.30 on October 23, 2026. The stock trades below its 50-day moving average of $249.16 and under its 200-day moving average of $218.86. The company has a market capitalization of roughly $64.14 billion and a trailing price-to-earnings ratio of 315.61.

Recent Earnings

For its trailing twelve-month period, the company reported $3,113,149,952 in revenue and earnings per share of $0.69. The business posted a net profit margin of 7.9% and a return on equity of 22.2%, alongside year-over-year revenue growth of 165.5%.

Insider Buying and Selling at Bloom Energy Corporation

Company insiders completed several transactions ahead of the filing. Officer Shawn Marie Soderberg sold 2,895 shares on August 14, 2026, at an average price of $233.60 for a total of $676,272. Chief Operating Officer Satish Prabhu Chitoori sold 2,053 shares on August 14, 2026, at $241.64 per share for $496,087. Officer Aman Joshi sold 4,677 shares on August 14, 2026, at $241.75 per share for a total of $1,130,665. Director Jeffrey R Immelt sold 30,000 shares on August 17, 2026, at $238.91 per share for a total of $7,167,300.

Analysts Set New Price Targets

Several research firms updated their outlooks on October 23, 2026. JP Morgan maintained an overweight rating while adjusting its price target from $314.00 to $292.00. RBC Capital reiterated an outperform rating with a target of $335.00. Keybanc maintained a sector weight rating without a listed target price. Morgan Stanley kept an overweight rating and lifted its target from $310.00 to $335.00. Bernstein maintained a market perform rating and raised its target from $282.00 to $306.00. Across 26 analyst opinions, the stock carries a consensus buy recommendation and a mean price target of $285.08.

About Bloom Energy

Bloom Energy Corporation designs and manufactures solid oxide fuel cell systems that generate electricity on site for commercial and industrial customers through a non-combustion electrochemical process. The company also produces electrolyzers for generating hydrogen. Institutional backing and analyst sentiment around its power generation technology remain key points of focus for market participants following its latest disclosures.

Bottom Line

Investors tracking institutional interest in clean energy equipment will monitor upcoming SEC reports and earnings releases for further changes in ownership. The mix of institutional adjustments and ongoing insider transactions provides a view of how major stakeholders are managing their positions.