Highbridge Capital Management LLC Buys 16,000 Shares of SM Energy Company $SM

Highbridge Capital Management LLC increased its stake in SM Energy Company (NYSE:SM) by 32.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,000 shares of the energy company’s stock after buying an additional 16,000 shares during the quarter. Highbridge Capital Management LLC owned about 0.06% of SM Energy worth $1,234,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SM. Royal Bank of Canada lifted its position in SM Energy by 27.7% in the first quarter. Royal Bank of Canada now owns 91,916 shares of the energy company’s stock worth $2,753,000 after buying an additional 19,965 shares during the last quarter. AQR Capital Management LLC lifted its position in SM Energy by 43.9% in the first quarter. AQR Capital Management LLC now owns 145,922 shares of the energy company’s stock worth $4,370,000 after buying an additional 44,542 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in SM Energy by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 68,111 shares of the energy company’s stock worth $2,040,000 after buying an additional 2,969 shares during the last quarter. NewEdge Advisors LLC lifted its position in SM Energy by 44.9% in the first quarter. NewEdge Advisors LLC now owns 3,248 shares of the energy company’s stock worth $97,000 after buying an additional 1,007 shares during the last quarter. Finally, United Services Automobile Association bought a new stake in SM Energy in the first quarter worth $222,000. 94.56% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on SM shares. BMO Capital Markets raised their price target on SM Energy from $26.00 to $33.00 and gave the stock a “market perform” rating in a research report on Thursday, April 2nd. Weiss Ratings upgraded SM Energy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Roth Mkm restated a “neutral” rating and issued a $33.00 price target (up from $24.00) on shares of SM Energy in a research report on Wednesday, April 8th. Mizuho lifted their target price on SM Energy from $34.00 to $38.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 27th. Finally, Zacks Research downgraded SM Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Eight investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $37.07.

SM Energy Stock Down 5.1%

NYSE:SM opened at $32.22 on Friday. SM Energy Company has a twelve month low of $17.45 and a twelve month high of $35.88. The company has a market cap of $7.72 billion, a price-to-earnings ratio of 13.54 and a beta of 0.72. The stock has a fifty day simple moving average of $30.73 and a 200-day simple moving average of $24.40. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.98.

SM Energy (NYSE:SM) last released its earnings results on Wednesday, May 6th. The energy company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.42. SM Energy had a return on equity of 13.93% and a net margin of 3.45%.The business had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period last year, the company earned $1.76 earnings per share. The business’s revenue for the quarter was up 75.0% compared to the same quarter last year. Analysts anticipate that SM Energy Company will post 7.47 EPS for the current year.

SM Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Monday, June 8th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 2.7%. SM Energy’s dividend payout ratio (DPR) is currently 36.97%.

Insider Activity at SM Energy

In other news, Director Ramiro G. Peru sold 24,553 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $33.98, for a total transaction of $834,310.94. Following the transaction, the director owned 65,964 shares in the company, valued at approximately $2,241,456.72. This trade represents a 27.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.45% of the company’s stock.

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 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.