SM Energy Company $SM Stock Holdings Reduced by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. lessened its stake in shares of SM Energy Company (NYSE:SM) by 15.4% during the 3rd quarter, Holdings Channel reports. The firm owned 410,267 shares of the energy company’s stock after selling 74,766 shares during the quarter. SM Energy comprises approximately 1.2% of Pekin Hardy Strauss Inc.’s investment portfolio, making the stock its 12th largest position. Pekin Hardy Strauss Inc.’s holdings in SM Energy were worth $13,859,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of SM. Torren Management LLC increased its stake in SM Energy by 4,561.1% during the 1st quarter. Torren Management LLC now owns 839 shares of the energy company’s stock valued at $26,000 after purchasing an additional 821 shares in the last quarter. Kilter Group LLC purchased a new position in shares of SM Energy in the second quarter worth $28,000. Center for Financial Planning Inc. acquired a new stake in shares of SM Energy during the first quarter worth $31,000. Valued Wealth Advisors LLC acquired a new stake in shares of SM Energy during the first quarter worth $33,000. Finally, CoreCap Advisors LLC lifted its position in SM Energy by 211.2% during the 3rd quarter. CoreCap Advisors LLC now owns 974 shares of the energy company’s stock worth $33,000 after acquiring an additional 661 shares during the period. Hedge funds and other institutional investors own 94.56% of the company’s stock.

Trending Headlines about SM Energy

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

• Positive Sentiment: Revenue rose about 167% year over year to $2.16 billion, beating the $2.04 billion consensus. The company also reported that quarterly cash flow more than doubled and merger synergies reached $400 million. SM Energy Q3 cash flow more than doubles as merger synergies hit $400 million
• Positive Sentiment: SM Energy expects fourth-quarter oil production of 229,000–239,000 barrels per day and is targeting leverage in the low 1x range by year-end 2026, signaling a focus on production and balance-sheet improvement. SM Energy outlines Q4 oil production and leverage targets
• Positive Sentiment: A Zacks article notes that the stock is technically oversold and that analyst earnings-estimate revisions have been favorable, factors that could support a rebound if selling pressure eases. Zacks analysis of SM Energy
• Neutral Sentiment: Truist lowered its price target to $47 from $48 but kept a Buy rating; Wells Fargo cut its target to $46 from $47 and maintained Overweight. The continued positive ratings are tempered by the small target reductions. Truist rating update
• Negative Sentiment: Third-quarter EPS of $1.95 fell short of the $2.01 consensus. The earnings miss contributed to selling pressure and the stock crossing below its 50-day moving average. SM Energy share price crosses below 50-day moving average
• Negative Sentiment: The company may temporarily shift drilling away from the Uinta Basin in early 2027 amid operating constraints, adding uncertainty to its drilling plans and future production mix. Reuters report on Uinta Basin drilling plans

SM Energy Stock Down 4.4%

SM stock opened at $29.68 on Friday. The company has a current ratio of 0.57, a quick ratio of 0.62 and a debt-to-equity ratio of 0.85. The firm has a 50-day moving average of $36.95 and a two-hundred day moving average of $30.52. SM Energy Company has a 12 month low of $17.45 and a 12 month high of $41.56. The company has a market cap of $7.06 billion, a price-to-earnings ratio of 7.20 and a beta of 0.80.

SM Energy (NYSE:SM) last issued its earnings results on Tuesday, November 3rd. The energy company reported $1.95 earnings per share for the quarter, missing the consensus estimate of $2.01 by ($0.06). The company had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.04 billion. SM Energy had a return on equity of 20.48% and a net margin of 13.69%. The company’s revenue for the quarter was up 167.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.33 earnings per share. As a group, analysts forecast that SM Energy Company will post 8.15 earnings per share for the current fiscal year.

SM Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Monday, September 7th were given a dividend of $0.22 per share. The ex-dividend date was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 3.0%. SM Energy’s dividend payout ratio (DPR) is presently 21.36%.

Analysts Set New Price Targets

SM has been the topic of several analyst reports. Seaport Research Partners initiated coverage on SM Energy in a report on Thursday, September 3rd. They set a “sell” rating and a $35.00 target price on the stock. UBS Group lifted their price objective on SM Energy from $36.00 to $48.00 and gave the stock a “buy” rating in a report on Monday, September 14th. Truist Financial reduced their price objective on SM Energy from $48.00 to $47.00 and set a “buy” rating for the company in a research note on Thursday. Mizuho set a $39.00 price objective on SM Energy in a report on Wednesday, October 7th. Finally, Susquehanna set a $33.00 target price on shares of SM Energy in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $39.82.

Insider Buying and Selling

In other SM Energy news, Director Ashwin Venkatraman sold 3,650 shares of the company’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $38.28, for a total value of $139,722.00. Following the completion of the sale, the director directly owned 12,525 shares in the company, valued at $479,457. This represents a 22.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP James Barker Lebeck sold 17,500 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $37.02, for a total value of $647,850.00. Following the completion of the sale, the executive vice president owned 14,705 shares of the company’s stock, valued at approximately $544,379.10. The trade was a 54.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.45% of the company’s stock.

SM Energy Company Profile

SM Energy Company is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Its activities include acquiring prospective acreage, drilling and completing wells, and managing producing properties in U.S. onshore oil and gas basins.

The company’s operations are primarily concentrated in Texas, including the Midland Basin in West Texas and the Eagle Ford shale region in South Texas. SM Energy focuses on development of unconventional resources and uses horizontal drilling and hydraulic fracturing technologies to produce hydrocarbons from shale and other tight-rock formations.

Founded in 1908 as St.