Highbridge Capital Management LLC Increases Stake in SM Energy Company $SM

Highbridge Capital Management LLC increased its position in shares of SM Energy Company (NYSE:SM) by 32.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 66,000 shares of the energy company’s stock after buying an additional 16,000 shares during the period. Highbridge Capital Management LLC’s holdings in SM Energy were worth $1,234,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Lighthouse Investment Partners LLC purchased a new stake in SM Energy during the 3rd quarter worth about $4,619,000. Dynamic Technology Lab Private Ltd purchased a new stake in SM Energy during the 3rd quarter worth about $1,190,000. Denali Advisors LLC increased its position in SM Energy by 22.2% during the 4th quarter. Denali Advisors LLC now owns 300,000 shares of the energy company’s stock worth $5,610,000 after purchasing an additional 54,428 shares in the last quarter. Kennedy Capital Management LLC increased its position in SM Energy by 70.6% during the 3rd quarter. Kennedy Capital Management LLC now owns 574,107 shares of the energy company’s stock worth $14,335,000 after purchasing an additional 237,537 shares in the last quarter. Finally, Royce & Associates LP increased its position in SM Energy by 22.6% during the 3rd quarter. Royce & Associates LP now owns 356,608 shares of the energy company’s stock worth $8,905,000 after purchasing an additional 65,732 shares in the last quarter. Hedge funds and other institutional investors own 94.56% of the company’s stock.

SM Energy Stock Down 5.1%

SM opened at $32.22 on Friday. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.39 and a quick ratio of 0.39. The stock has a market capitalization of $7.72 billion, a price-to-earnings ratio of 13.54 and a beta of 0.72. The business has a 50-day moving average of $30.73 and a two-hundred day moving average of $24.40. SM Energy Company has a 12 month low of $17.45 and a 12 month high of $35.88.

SM Energy (NYSE:SM) last posted its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.13 by $0.42. The company had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.42 billion. SM Energy had a return on equity of 13.93% and a net margin of 3.45%.The firm’s revenue was up 75.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.76 EPS. On average, research analysts expect that SM Energy Company will post 7.47 earnings per share for the current year.

SM Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Monday, June 8th will be issued a $0.22 dividend. The ex-dividend date is Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 2.7%. SM Energy’s payout ratio is 36.97%.

Insider Buying and Selling

In other SM Energy news, Director Ramiro G. Peru sold 24,553 shares of SM Energy stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $33.98, for a total value of $834,310.94. Following the completion of the sale, the director owned 65,964 shares in the company, valued at $2,241,456.72. The trade was a 27.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.45% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts recently commented on SM shares. Mizuho lifted their price objective on SM Energy from $34.00 to $38.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 27th. Raymond James Financial upgraded SM Energy from an “underperform” rating to an “outperform” rating and set a $55.00 price objective for the company in a research report on Wednesday, May 20th. KeyCorp lifted their price objective on SM Energy from $29.00 to $39.00 and gave the stock an “overweight” rating in a research report on Thursday, April 2nd. Zacks Research cut SM Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Finally, TD Cowen lowered their price target on SM Energy from $36.00 to $30.00 and set a “buy” rating for the company in a report on Tuesday, March 17th. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, SM Energy presently has an average rating of “Moderate Buy” and an average price target of $37.07.

Key SM Energy News

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

• Positive Sentiment: KeyCorp raised near-term earnings outlooks for SM Energy, including Q2 2026 EPS to $1.90 from $1.71, Q3 2026 EPS to $2.27 from $2.04, Q4 2026 EPS to $2.02 from $1.99, and FY2026 EPS to $7.80 from $7.32, which suggests stronger expected profitability.
• Positive Sentiment: The firm also nudged Q4 2027 EPS higher to $2.41 from $2.40, reinforcing confidence in longer-term earnings power.
• Neutral Sentiment: KeyCorp’s updates were mixed across later periods, with Q2 2027 EPS cut to $2.25 from $2.34, Q3 2027 EPS cut to $2.24 from $2.32, and FY2027 EPS lowered to $8.92 from $9.08.
• Neutral Sentiment: Recent market commentary also noted that SM Energy has been up significantly since its last earnings report, suggesting some investors may be reassessing valuation after a strong run.
• Negative Sentiment: Despite the positive estimate revisions, SM Energy has decreased recently, including a larger decline than the broader market in the latest session, which points to profit-taking or broader sector pressure. Article Title

SM Energy Company Profile

SM Energy Company (NYSE: SM) is an independent energy firm engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in the United States. The company focuses on identifying and exploiting unconventional onshore basins, leveraging advanced drilling and completion techniques to optimize resource recovery. SM Energy’s operations are supported by an integrated approach to reservoir management and strategic midstream partnerships, enabling efficient transportation and marketing of hydrocarbons.

The company’s core asset areas include prolific basins such as the Permian, Eagle Ford, and the Rocky Mountain region.