Solaris Energy Infrastructure (NYSE:SEI) Director Aj Teague Purchases 170 Shares of Company Stock

Solaris Energy Infrastructure, Inc. (NYSE:SEI) Director A. Teague bought 170 shares of the firm’s stock in a transaction that occurred on Tuesday, November 10th. The shares were purchased at an average cost of $59.50 per share, for a total transaction of $10,115.00. Following the acquisition, the director directly owned 117,385 shares in the company, valued at $6,984,407.50. This trade represents a 0.15% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Aj Teague also recently made the following trade(s):

• On Wednesday, November 11th, A. Teague bought 150 shares of Solaris Energy Infrastructure stock. The stock was purchased at an average price of $65.81 per share, for a total transaction of $9,871.50.
• On Monday, November 9th, A. Teague bought 350 shares of Solaris Energy Infrastructure stock. The stock was purchased at an average price of $59.23 per share, for a total transaction of $20,730.50.
• On Tuesday, September 8th, A. Teague purchased 3,900 shares of Solaris Energy Infrastructure stock. The stock was purchased at an average cost of $64.21 per share, with a total value of $250,419.00.

Solaris Energy Infrastructure Price Performance

Shares of SEI traded down $0.34 during mid-day trading on Thursday, reaching $64.46. 1,436,577 shares of the stock traded hands, compared to its average volume of 2,813,318. The company has a current ratio of 2.10, a quick ratio of 4.03 and a debt-to-equity ratio of 1.68. Solaris Energy Infrastructure, Inc. has a 1 year low of $38.50 and a 1 year high of $86.19. The company has a market cap of $4.94 billion, a price-to-earnings ratio of 67.15 and a beta of 1.40. The firm has a fifty day moving average price of $66.47 and a 200 day moving average price of $63.47.

Solaris Energy Infrastructure (NYSE:SEI) last posted its earnings results on Wednesday, November 4th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.22 by $0.23. The business had revenue of $341.09 million during the quarter. Solaris Energy Infrastructure had a return on equity of 12.82% and a net margin of 7.99%. As a group, equities research analysts predict that Solaris Energy Infrastructure, Inc. will post 1.37 earnings per share for the current year.

Solaris Energy Infrastructure Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Tuesday, December 8th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, December 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.7%. Solaris Energy Infrastructure’s payout ratio is presently 50.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on SEI shares. Barclays raised their target price on shares of Solaris Energy Infrastructure from $116.00 to $140.00 and gave the company an “overweight” rating in a research note on Friday, November 6th. Morgan Stanley increased their price target on shares of Solaris Energy Infrastructure from $90.00 to $102.00 and gave the stock an “overweight” rating in a report on Wednesday, October 21st. Zacks Research upgraded shares of Solaris Energy Infrastructure from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 9th. Piper Sandler raised their price objective on shares of Solaris Energy Infrastructure from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Needham & Company LLC lifted their price objective on shares of Solaris Energy Infrastructure from $104.00 to $126.00 and gave the stock a “buy” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $100.38.

Hedge Funds Weigh In On Solaris Energy Infrastructure

Hedge funds and other institutional investors have recently modified their holdings of the company. Jennison Associates LLC increased its position in shares of Solaris Energy Infrastructure by 215.1% during the 1st quarter. Jennison Associates LLC now owns 1,179,736 shares of the company’s stock valued at $66,667,000 after purchasing an additional 805,319 shares during the last quarter. Two Seas Capital LP purchased a new position in shares of Solaris Energy Infrastructure during the 3rd quarter valued at about $56,007,000. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT raised its holdings in shares of Solaris Energy Infrastructure by 146.2% during the 3rd quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 1,029,000 shares of the company’s stock valued at $73,244,000 after buying an additional 611,000 shares in the last quarter. Ranger Investment Management L.P. bought a new stake in Solaris Energy Infrastructure in the 2nd quarter worth approximately $46,967,000. Finally, Bank of New York Mellon Corp bought a new stake in Solaris Energy Infrastructure in the 2nd quarter worth approximately $30,881,000. 67.44% of the stock is currently owned by hedge funds and other institutional investors.

Key Solaris Energy Infrastructure News

These are some of the SEI news items that stood out recently:

• Positive Sentiment: Needham raised its price target to $126 from $104 and reiterated a Buy rating. That target is well above the roughly $64 share price cited in the report. Needham analyst information
• Positive Sentiment: Other recent coverage also reflects optimism: one report put SEI’s average analyst price target at $100.38, while another described analysts as bullish and reported a Citigroup target increase. These targets may support sentiment, although they are forecasts rather than guarantees. Average price target report Citigroup price target report Analyst outlook article
• Positive Sentiment: Director A. Teague disclosed three purchases totaling 670 shares across Nov. 9–11, worth about $40,700. Insider buying can signal confidence, though the purchases are small relative to the company and do not establish future performance. SEC Form 4 filing

Solaris Energy Infrastructure Company Profile

Solaris Energy Infrastructure, Inc. provides equipment and services for energy production and power generation. Its offerings include natural gas-fueled power systems and related equipment, as well as mobile systems used to store, transport and deliver proppant at oil and gas wells. The company was established as Solaris Oilfield Infrastructure and later adopted its current name as its business expanded beyond oilfield logistics. Its oilfield services primarily support operators in U.S. shale basins, while its power solutions serve customers seeking scalable power generation.