SM Energy Company $SM Shares Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd lifted its stake in SM Energy Company (NYSE:SM) by 44.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,655 shares of the energy company’s stock after purchasing an additional 22,220 shares during the period. WINTON GROUP Ltd owned approximately 0.06% of SM Energy worth $1,340,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp lifted its stake in shares of SM Energy by 316.7% in the third quarter. Jones Financial Companies Lllp now owns 1,200 shares of the energy company’s stock valued at $33,000 after purchasing an additional 912 shares during the period. Johnson Financial Group Inc. acquired a new stake in shares of SM Energy in the third quarter valued at about $31,000. NBC Securities Inc. lifted its stake in shares of SM Energy by 160.5% in the fourth quarter. NBC Securities Inc. now owns 1,347 shares of the energy company’s stock valued at $25,000 after purchasing an additional 830 shares during the period. SBI Securities Co. Ltd. lifted its stake in shares of SM Energy by 10,461.5% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,373 shares of the energy company’s stock valued at $26,000 after purchasing an additional 1,360 shares during the period. Finally, Global Retirement Partners LLC lifted its stake in shares of SM Energy by 62.9% in the fourth quarter. Global Retirement Partners LLC now owns 1,386 shares of the energy company’s stock valued at $26,000 after purchasing an additional 535 shares during the period. Institutional investors and hedge funds own 94.56% of the company’s stock.

Analyst Ratings Changes

SM has been the subject of several recent analyst reports. JPMorgan Chase & Co. upgraded shares of SM Energy from a “neutral” rating to an “overweight” rating and set a $40.00 price objective for the company in a research note on Friday, March 20th. Siebert Williams Shank upgraded shares of SM Energy from a “hold” rating to a “buy” rating and raised their target price for the company from $30.00 to $41.00 in a report on Thursday, May 14th. Zacks Research downgraded shares of SM Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Wells Fargo & Company raised their target price on shares of SM Energy from $29.00 to $32.00 and gave the company an “equal weight” rating in a report on Monday, May 18th. Finally, National Bank Financial set a $30.00 target price on shares of SM Energy in a report on Tuesday, March 17th. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $37.07.

SM Energy Stock Performance

NYSE:SM opened at $32.37 on Tuesday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.98. The firm has a 50-day moving average price of $30.72 and a two-hundred day moving average price of $24.54. SM Energy Company has a twelve month low of $17.45 and a twelve month high of $35.88. The company has a market capitalization of $7.76 billion, a P/E ratio of 13.60 and a beta of 0.72.

SM Energy (NYSE:SM) last issued its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.42. The business had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.42 billion. SM Energy had a net margin of 3.45% and a return on equity of 13.93%. The company’s quarterly revenue was up 75.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.76 earnings per share. As a group, research analysts expect that SM Energy Company will post 7.3 earnings per share for the current fiscal year.

SM Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Monday, June 8th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, June 8th. SM Energy’s payout ratio is presently 36.97%.

Insider Buying and Selling

In other SM Energy news, Director Ramiro G. Peru sold 24,553 shares of SM Energy stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $33.98, for a total value of $834,310.94. Following the completion of the sale, the director directly owned 65,964 shares of the company’s stock, valued at approximately $2,241,456.72. The trade was a 27.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.45% of the company’s stock.

SM Energy Company Profile

SM Energy Company (NYSE: SM) is an independent energy firm engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in the United States. The company focuses on identifying and exploiting unconventional onshore basins, leveraging advanced drilling and completion techniques to optimize resource recovery. SM Energy’s operations are supported by an integrated approach to reservoir management and strategic midstream partnerships, enabling efficient transportation and marketing of hydrocarbons.

The company’s core asset areas include prolific basins such as the Permian, Eagle Ford, and the Rocky Mountain region.