Trust Co. of Vermont raised its position in shares of Cheniere Energy, Inc. (NYSE:LNG – Free Report) by 21.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,331 shares of the energy company’s stock after acquiring an additional 5,448 shares during the period. Trust Co. of Vermont’s holdings in Cheniere Energy were worth $5,896,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in LNG. Brighton Jones LLC acquired a new stake in Cheniere Energy in the 4th quarter valued at approximately $335,000. VestGen Advisors LLC acquired a new position in shares of Cheniere Energy during the second quarter worth approximately $236,000. Panagora Asset Management Inc. lifted its holdings in shares of Cheniere Energy by 5.8% during the second quarter. Panagora Asset Management Inc. now owns 1,859 shares of the energy company’s stock worth $453,000 after buying an additional 102 shares during the last quarter. Beacon Pointe Advisors LLC boosted its position in shares of Cheniere Energy by 149.1% in the second quarter. Beacon Pointe Advisors LLC now owns 11,558 shares of the energy company’s stock valued at $2,815,000 after acquiring an additional 6,919 shares during the period. Finally, CW Advisors LLC boosted its position in shares of Cheniere Energy by 41.9% in the second quarter. CW Advisors LLC now owns 2,949 shares of the energy company’s stock valued at $714,000 after acquiring an additional 871 shares during the period. 87.26% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts recently issued reports on LNG shares. TD Cowen boosted their target price on shares of Cheniere Energy from $250.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Barclays increased their price target on shares of Cheniere Energy from $259.00 to $271.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Royal Bank Of Canada dropped their price objective on shares of Cheniere Energy from $282.00 to $271.00 and set an “outperform” rating on the stock in a report on Wednesday, January 28th. The Goldman Sachs Group upped their price objective on shares of Cheniere Energy from $276.00 to $312.00 and gave the company a “buy” rating in a research report on Tuesday, March 24th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Cheniere Energy in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $284.29.
Trending Headlines about Cheniere Energy
Here are the key news stories impacting Cheniere Energy this week:
- Positive Sentiment: Record U.S. LNG flows and tighter global supply driven by Middle East conflict boost demand for U.S. exporters like Cheniere, supporting revenue prospects and utilization. US LNG exports break record high as Middle East war disrupts global supply
- Positive Sentiment: Market commentary and retail-media pieces name Cheniere a top-rated buy as energy prices and LNG spot strength could lift cash flows and margins for U.S. exporters over the near term. Energy Prices Could Soon ‘Skyrocket.’ Why Cheniere Is One of the Top-Rated Stocks to Buy Now.
- Positive Sentiment: Analyst upgrades and a run to a 52?week high reflect bullish institutional sentiment and helped trigger momentum earlier this week. Cheniere Energy (NYSE:LNG) Reaches New 52-Week High Following Analyst Upgrade
- Positive Sentiment: Damage to major Qatari LNG infrastructure shifts Asian/European demand toward U.S. supply and highlights Cheniere’s growth and buyback potential as a beneficiary of re?routing. Qatar LNG Shock Puts Focus On Cheniere’s Growth And Buyback Potential
- Neutral Sentiment: Company history and leadership commentary underscore long-term execution and industry position but don’t change near-term cash flow dynamics. From First Cargo to Global Giant: Jack Fusco Reflects on a Decade of Cheniere LNG Dominance
- Neutral Sentiment: Broader market narratives label energy names defensive amid geopolitical risk, which can support interest in LNG stocks but is not an immediate catalyst. Hot Picks: Energy stocks seen as defensive amid risks
- Negative Sentiment: Analysis argues much of the long-term benefit from global LNG disruptions is already priced into Cheniere’s stock, implying limited upside and raising pullback risk. Cheniere’s Long-Term Boost From Global LNG Disruptions Largely Priced Into Stock
- Negative Sentiment: After recent gains and a 52?week high, elevated volume and profit?taking are normal; combined with already?backed long?term contracts that limit spot exposure, this compresses near?term upside.
Cheniere Energy Stock Performance
Shares of NYSE LNG opened at $275.50 on Thursday. The firm has a market capitalization of $57.91 billion, a price-to-earnings ratio of 11.34 and a beta of 0.13. Cheniere Energy, Inc. has a one year low of $186.20 and a one year high of $300.89. The business has a fifty day simple moving average of $239.82 and a 200 day simple moving average of $221.18. The company has a current ratio of 0.94, a quick ratio of 0.81 and a debt-to-equity ratio of 1.74.
Cheniere Energy (NYSE:LNG – Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The energy company reported $10.68 earnings per share for the quarter, topping analysts’ consensus estimates of $3.90 by $6.78. The firm had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.48 billion. Cheniere Energy had a net margin of 26.68% and a return on equity of 32.04%. The business’s revenue was up 22.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.33 earnings per share. Sell-side analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.
Cheniere Energy announced that its board has authorized a stock repurchase plan on Thursday, February 26th that authorizes the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization authorizes the energy company to purchase up to 21.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its stock is undervalued.
Cheniere Energy Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 6th were given a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, February 6th. Cheniere Energy’s dividend payout ratio is 9.14%.
About Cheniere Energy
Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long?term and short?term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.
Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.
Further Reading
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