WINTON GROUP Ltd Grows Stock Holdings in SM Energy Company $SM

WINTON GROUP Ltd boosted its position in SM Energy Company (NYSE:SM) by 44.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 71,655 shares of the energy company’s stock after acquiring an additional 22,220 shares during the period. WINTON GROUP Ltd’s holdings in SM Energy were worth $1,340,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State of Wyoming grew its holdings in SM Energy by 22.2% in the fourth quarter. State of Wyoming now owns 2,748 shares of the energy company’s stock valued at $51,000 after purchasing an additional 499 shares during the period. Global Retirement Partners LLC grew its holdings in 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. First Horizon Corp grew its holdings in SM Energy by 57.4% in the fourth quarter. First Horizon Corp now owns 1,860 shares of the energy company’s stock valued at $35,000 after purchasing an additional 678 shares during the period. ProShare Advisors LLC grew its holdings in SM Energy by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 22,211 shares of the energy company’s stock valued at $415,000 after purchasing an additional 687 shares during the period. Finally, Hodges Capital Management Inc. grew its holdings in SM Energy by 1.0% in the third quarter. Hodges Capital Management Inc. now owns 74,613 shares of the energy company’s stock valued at $1,863,000 after purchasing an additional 705 shares during the period. 94.56% of the stock is owned by hedge funds and other institutional investors.

SM Energy Price Performance

SM opened at $32.37 on Tuesday. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.98. SM Energy Company has a 52-week low of $17.45 and a 52-week high of $35.88. The company has a 50 day moving average of $30.72 and a two-hundred day moving average of $24.54. The company has a market cap of $7.76 billion, a P/E ratio of 13.60 and a beta of 0.72.

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

SM Energy Announces Dividend

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

Insider Transactions at SM Energy

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Stephens boosted their target price on shares of SM Energy from $48.00 to $49.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Wells Fargo & Company boosted 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. Zacks Research downgraded shares of SM Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. National Bank Financial set a $30.00 target price on shares of SM Energy in a report on Tuesday, March 17th. Finally, BMO Capital Markets boosted their target price on shares of SM Energy from $26.00 to $33.00 and gave the company a “market perform” rating in a report on Thursday, April 2nd. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $37.07.

SM Energy 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.