27,125 Shares in SM Energy (NYSE:SM) Acquired by Radnor Capital Management LLC

Radnor Capital Management LLC acquired a new position in shares of SM Energy (NYSE:SM) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 27,125 shares of the energy company’s stock, valued at approximately $1,051,000.

A number of other institutional investors and hedge funds have also bought and sold shares of SM. Oppenheimer Asset Management Inc. increased its stake in shares of SM Energy by 18.8% during the second quarter. Oppenheimer Asset Management Inc. now owns 11,902 shares of the energy company’s stock valued at $515,000 after buying an additional 1,884 shares during the period. Envestnet Asset Management Inc. grew its holdings in SM Energy by 15.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 566,099 shares of the energy company’s stock worth $24,472,000 after acquiring an additional 75,754 shares in the last quarter. Dimensional Fund Advisors LP increased its position in SM Energy by 6.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 6,341,875 shares of the energy company’s stock valued at $274,161,000 after purchasing an additional 384,675 shares during the period. Virtu Financial LLC bought a new stake in shares of SM Energy in the 2nd quarter valued at about $1,113,000. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of SM Energy by 1.1% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 57,320 shares of the energy company’s stock worth $2,478,000 after purchasing an additional 613 shares during the period. 94.56% of the stock is owned by institutional investors.

SM Energy Stock Up 1.9 %

NYSE:SM opened at $44.75 on Thursday. The company has a current ratio of 3.52, a quick ratio of 3.52 and a debt-to-equity ratio of 0.67. SM Energy has a twelve month low of $34.76 and a twelve month high of $53.26. The company has a market cap of $5.12 billion, a PE ratio of 6.25 and a beta of 4.14. The company’s 50 day moving average is $41.76 and its two-hundred day moving average is $42.76.

SM Energy (NYSE:SM) last released its earnings results on Thursday, October 31st. The energy company reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.10. SM Energy had a return on equity of 19.62% and a net margin of 33.89%. The firm had revenue of $643.60 million for the quarter, compared to the consensus estimate of $643.67 million. During the same period in the prior year, the firm earned $1.73 EPS. The firm’s revenue was up .4% on a year-over-year basis. Analysts anticipate that SM Energy will post 6.77 EPS for the current year.

SM Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 24th will be given a $0.20 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.80 dividend on an annualized basis and a yield of 1.79%. SM Energy’s dividend payout ratio is currently 11.17%.

Analyst Ratings Changes

SM has been the topic of several research reports. Stephens reissued an “overweight” rating and set a $57.00 price objective on shares of SM Energy in a report on Thursday, January 2nd. Truist Financial boosted their price target on SM Energy from $42.00 to $45.00 and gave the stock a “hold” rating in a research report on Monday. TD Cowen raised SM Energy from a “hold” rating to a “buy” rating and dropped their price objective for the company from $64.00 to $60.00 in a research report on Tuesday, October 15th. KeyCorp cut their target price on SM Energy from $65.00 to $60.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 16th. Finally, Mizuho decreased their price target on shares of SM Energy from $57.00 to $55.00 and set an “outperform” rating for the company in a research report on Monday, December 16th. Seven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, SM Energy has an average rating of “Moderate Buy” and a consensus price target of $51.90.

About SM Energy

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the state of Texas. It has working interests in oil and gas producing wells in the Midland Basin and South Texas. The company was formerly known as St.