482,713 Shares in CNX Resources Corporation. $CNX Acquired by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC purchased a new position in shares of CNX Resources Corporation. (NYSE:CNX) during the first quarter, HoldingsChannel.com reports. The fund purchased 482,713 shares of the oil and gas producer’s stock, valued at approximately $18,609,000.

Other hedge funds also recently made changes to their positions in the company. State of Wyoming purchased a new stake in shares of CNX Resources during the 2nd quarter valued at $29,000. Smartleaf Asset Management LLC increased its holdings in shares of CNX Resources by 56.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 810 shares of the oil and gas producer’s stock worth $30,000 after buying an additional 293 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of CNX Resources in the 4th quarter worth $34,000. Kestra Advisory Services LLC purchased a new position in shares of CNX Resources in the 4th quarter worth $50,000. Finally, Highlander Partners L.P. acquired a new position in CNX Resources in the fourth quarter valued at $56,000. Institutional investors and hedge funds own 95.16% of the company’s stock.

CNX Resources Stock Performance

Shares of CNX stock opened at $35.77 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.46 and a debt-to-equity ratio of 0.46. The company has a market cap of $5.06 billion, a PE ratio of 5.97 and a beta of 0.59. The company’s fifty day simple moving average is $33.55 and its 200-day simple moving average is $36.93. CNX Resources Corporation. has a 52 week low of $27.72 and a 52 week high of $43.62.

Insider Transactions at CNX Resources

In other CNX Resources news, Director William N. Thorndike, Jr. sold 28,800 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $38.25, for a total value of $1,101,600.00. Following the transaction, the director directly owned 426,585 shares of the company’s stock, valued at $16,316,876.25. This trade represents a 6.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 5.03% of the company’s stock.

Wall Street Analysts Forecast Growth

CNX has been the subject of a number of research reports. Morgan Stanley lowered their price target on CNX Resources from $34.00 to $32.00 and set an “underweight” rating for the company in a research report on Monday, June 29th. Zacks Research downgraded CNX Resources from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Mizuho reduced their price objective on CNX Resources from $44.00 to $42.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 27th. Weiss Ratings cut CNX Resources from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Finally, Tudor Pickering raised shares of CNX Resources from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Nine research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, CNX Resources presently has a consensus rating of “Reduce” and a consensus price target of $35.44.

More CNX Resources News

Here are the key news stories impacting CNX Resources this week:

• Positive Sentiment: Quarterly earnings exceeded expectations. CNX reported adjusted earnings of $0.72 per share, 26.3% above the consensus estimate of $0.57. Another report cited GAAP earnings of $1.32 per share versus a $0.60 estimate. Disciplined spending and a 59% cash operating margin helped offset weaker operating conditions. CNX Resources Q2 Earnings Surpass Estimates, Production Falls Year over Year
• Positive Sentiment: 45Z tax-credit opportunity could add meaningful cash flow. CNX outlined an estimated $90 million annual run rate from the federal 45Z clean-fuel production credit and related environmental attributes, pending Treasury guidance. This could improve earnings visibility and strengthen free cash flow if the benefits are realized. CNX Outlines Annual Run Rate From 45Z and Environmental Attributes
• Neutral Sentiment: Investors are weighing the earnings beat against mixed operating results. CNX generated approximately $435 million in quarterly revenue, below the roughly $475 million analyst forecast. The results call and earnings materials provide additional context on the company’s outlook, cost controls and production plans. CNX Resources Q2 2026 Earnings Call Transcript
• Negative Sentiment: Production and revenue declined year over year. CNX’s revenue fell 35.7% from the prior-year quarter, while earnings declined from $2.43 per share a year earlier. Lower natural-gas prices and reduced output could pressure results if market conditions do not improve. CNX Resources Second-Quarter Earnings Report

CNX Resources Company Profile

CNX Resources Corporation is a natural gas and natural gas liquids producer with operations concentrated in the Appalachian Basin. Established as an independent, publicly traded entity in 2018 following its spinoff from Consol Energy, the company focuses on the exploration, development and production of hydrocarbon resources in the Marcellus and Utica shales across Pennsylvania, West Virginia and Ohio.

In addition to its upstream activities, CNX Resources has invested in midstream infrastructure through its subsidiary that gathers, processes and transports natural gas.