Intech Investment Management LLC Boosts Stock Position in Crescent Energy Company $CRGY

Intech Investment Management LLC lifted its position in Crescent Energy Company (NYSE:CRGY) by 66.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 138,530 shares of the company’s stock after purchasing an additional 55,274 shares during the quarter. Intech Investment Management LLC’s holdings in Crescent Energy were worth $1,162,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CRGY. Osaic Holdings Inc. boosted its stake in Crescent Energy by 25.2% in the second quarter. Osaic Holdings Inc. now owns 5,301 shares of the company’s stock worth $46,000 after buying an additional 1,066 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of Crescent Energy by 2.0% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 62,706 shares of the company’s stock worth $526,000 after acquiring an additional 1,245 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Crescent Energy by 8.9% during the first quarter. AQR Capital Management LLC now owns 17,104 shares of the company’s stock worth $192,000 after acquiring an additional 1,397 shares in the last quarter. Allworth Financial LP raised its stake in shares of Crescent Energy by 42.3% during the fourth quarter. Allworth Financial LP now owns 4,712 shares of the company’s stock worth $40,000 after acquiring an additional 1,401 shares in the last quarter. Finally, Comerica Bank raised its stake in shares of Crescent Energy by 2.1% during the third quarter. Comerica Bank now owns 84,852 shares of the company’s stock worth $757,000 after acquiring an additional 1,726 shares in the last quarter. 52.11% of the stock is currently owned by hedge funds and other institutional investors.

Key Crescent Energy News

Here are the key news stories impacting Crescent Energy this week:

• Positive Sentiment: KeyCorp maintained an Overweight rating on Crescent Energy and kept its $19 price objective, signaling continued upside potential from current levels. KeyBanc Keeps Their Buy Rating on Crescent Energy Company Class A (CRGY)
• Positive Sentiment: KeyCorp raised several near- and medium-term earnings estimates, including FY2026 EPS to $2.12 from $1.50 and Q4 2026 EPS to $0.54 from $0.33, which suggests improving profitability expectations for Crescent Energy.
• Neutral Sentiment: At the same time, KeyCorp trimmed some other estimates, including Q2 2026 EPS to $0.50, Q2 2027 EPS to $0.61, and Q3 2027 EPS to $0.57, while slightly lowering FY2027 EPS to $2.48.
• Negative Sentiment: The mixed revisions may be tempering investor enthusiasm, since the stock is trading below KeyCorp’s target even though the brokerage remains constructive on the name.

Analyst Upgrades and Downgrades

CRGY has been the topic of several research reports. Mizuho lifted their price target on shares of Crescent Energy from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. Piper Sandler lifted their price target on shares of Crescent Energy from $14.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Zacks Research raised shares of Crescent Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 3rd. William Blair reissued an “outperform” rating on shares of Crescent Energy in a research note on Friday, March 6th. Finally, Raymond James Financial reissued a “strong-buy” rating and set a $20.00 price target on shares of Crescent Energy in a research note on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.00.

Crescent Energy Stock Performance

Shares of CRGY stock opened at $11.54 on Friday. The stock has a fifty day moving average of $12.79 and a 200 day moving average of $10.82. Crescent Energy Company has a 52 week low of $7.68 and a 52 week high of $14.29. The firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of -15.38 and a beta of 1.37. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.12.

Crescent Energy (NYSE:CRGY) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.14. Crescent Energy had a positive return on equity of 8.10% and a negative net margin of 7.47%.The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the firm posted $0.57 earnings per share. The firm’s revenue was up 24.5% on a year-over-year basis. As a group, research analysts expect that Crescent Energy Company will post 1.99 earnings per share for the current year.

Crescent Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were paid a $0.12 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $0.48 dividend on an annualized basis and a yield of 4.2%. Crescent Energy’s dividend payout ratio (DPR) is presently -64.00%.

Crescent Energy Profile

Crescent Energy Co (NYSE: CRGY) is an independent exploration and production company focused on the acquisition, development and production of oil and natural gas resources in North America. Headquartered in Oklahoma City, the company’s core business activities include the identification and appraisal of prospective acreage, the design and execution of drilling and completion programs, and the ongoing operation and optimization of producing wells. Crescent Energy’s integrated approach emphasizes capital efficiency, reservoir quality and operational reliability to support sustainable cash flow generation over the commodity cycle.

Crescent Energy’s operations are concentrated in the Permian Basin, with a particular focus on the Delaware Basin’s stacked pay intervals.