SM Energy Company $SM Position Increased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in SM Energy Company (NYSE:SM) by 135.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 254,766 shares of the energy company’s stock after buying an additional 146,444 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.22% of SM Energy worth $6,362,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of SM. Harbor Capital Advisors Inc. grew its holdings in shares of SM Energy by 36.3% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 2,010 shares of the energy company’s stock worth $50,000 after acquiring an additional 535 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of SM Energy by 21.9% during the second quarter. Signaturefd LLC now owns 3,118 shares of the energy company’s stock valued at $77,000 after purchasing an additional 560 shares during the last quarter. First National Advisers LLC boosted its position in shares of SM Energy by 4.8% in the 3rd quarter. First National Advisers LLC now owns 12,604 shares of the energy company’s stock valued at $315,000 after purchasing an additional 578 shares during the period. Meeder Asset Management Inc. increased its stake in SM Energy by 1.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 44,701 shares of the energy company’s stock worth $1,116,000 after purchasing an additional 650 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID increased its stake in SM Energy by 25.0% in the 2nd quarter. Legacy Wealth Managment LLC ID now owns 3,300 shares of the energy company’s stock worth $82,000 after purchasing an additional 661 shares in the last quarter. Institutional investors and hedge funds own 94.56% of the company’s stock.

SM Energy Price Performance

NYSE SM opened at $19.22 on Tuesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.56 and a quick ratio of 0.56. The firm has a market capitalization of $2.20 billion, a price-to-earnings ratio of 3.03 and a beta of 1.07. The company has a 50 day simple moving average of $18.87 and a 200-day simple moving average of $22.77. SM Energy Company has a 52-week low of $17.45 and a 52-week high of $41.29.

SM Energy (NYSE:SM) last announced its quarterly earnings data on Monday, November 3rd. The energy company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.08. SM Energy had a net margin of 22.03% and a return on equity of 16.67%. The firm had revenue of $811.59 million for the quarter, compared to the consensus estimate of $838.24 million. During the same period in the previous year, the firm posted $1.62 earnings per share. The firm’s revenue was up 26.1% on a year-over-year basis. Equities research analysts predict that SM Energy Company will post 8.1 earnings per share for the current fiscal year.

SM Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, December 26th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, December 26th. SM Energy’s dividend payout ratio (DPR) is currently 12.62%.

Analyst Upgrades and Downgrades

SM has been the subject of a number of analyst reports. Zacks Research lowered shares of SM Energy from a “hold” rating to a “strong sell” rating in a research note on Friday, January 16th. Mizuho set a $34.00 price target on shares of SM Energy in a report on Friday, January 9th. Weiss Ratings restated a “hold (c-)” rating on shares of SM Energy in a research report on Wednesday, January 21st. Wells Fargo & Company decreased their price objective on shares of SM Energy from $30.00 to $23.00 and set an “equal weight” rating for the company in a research note on Friday, October 17th. Finally, KeyCorp lowered their price objective on shares of SM Energy from $36.00 to $28.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $33.20.

About SM Energy

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.