Analysts’ Recent Ratings Updates for Summit Midstream Partners (SMC)

A number of research firms have changed their ratings and price targets for Summit Midstream Partners (NYSE: SMC):

• 8/12/2026 – Summit Midstream Partners had its price target raised by TD Cowen from $39.00 to $43.00. They now have a “buy” rating on the stock.
• 8/7/2026 – Summit Midstream Partners had its “hold (c-)” rating reaffirmed by Weiss Ratings.
• 8/4/2026 – Summit Midstream Partners is now covered by TD Cowen. They set a “buy” rating and a $39.00 price target on the stock.
• 8/3/2026 – Summit Midstream Partners was given a new $39.00 price target by Summit Redstone.
• 8/3/2026 – Summit Midstream Partners is now covered by TD Cowen. They set a “buy” rating and a $39.00 price target on the stock.

Insiders Place Their Bets

In other news, Director Jerry L. Peters sold 10,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $32.00, for a total transaction of $320,000.00. Following the completion of the transaction, the director owned 16,979 shares of the company’s stock, valued at approximately $543,328. The trade was a 37.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP James David Johnston sold 2,600 shares of the company’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $29.72, for a total transaction of $77,272.00. Following the transaction, the vice president owned 75,357 shares of the company’s stock, valued at $2,239,610.04. This represents a 3.34% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 42.96% of the company’s stock.

Summit Midstream Partners is a publicly traded master limited partnership that provides gathering, compression, processing and transportation services for natural gas, natural gas liquids (NGLs) and crude oil in key U.S. onshore basins. The company’s assets include a network of intrastate and interstate pipelines, processing plants, fractionators and storage facilities designed to serve producers, marketers and end users throughout the Appalachian, Gulf Coast, Mid-Continent and Western Canadian Sedimentary basins.

In the Appalachian region, Summit operates extensive gathering lines and multiple gas-processing complexes connected to the Mountaineer NGL Hub, one of the largest fractionation and storage hubs in the Mid-Atlantic.