8,479 Shares of Cheniere Energy, Inc. $LNG Acquired by Norris Perne & French LLP MI

Norris Perne & French LLP MI bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) during the third quarter, Holdings Channel.com reports. The fund bought 8,479 shares of the energy company’s stock, valued at approximately $2,281,000.

Several other hedge funds and other institutional investors also recently modified their holdings of LNG. Signaturefd LLC boosted its position in Cheniere Energy by 3.1% during the 3rd quarter. Signaturefd LLC now owns 4,694 shares of the energy company’s stock valued at $1,263,000 after acquiring an additional 143 shares in the last quarter. Citizens Financial Group Inc. RI grew its holdings in shares of Cheniere Energy by 75.5% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 8,609 shares of the energy company’s stock worth $2,316,000 after acquiring an additional 3,704 shares during the period. Anderson Hoagland & Co. grew its holdings in shares of Cheniere Energy by 23.1% during the 3rd quarter. Anderson Hoagland & Co. now owns 9,297 shares of the energy company’s stock worth $2,668,000 after acquiring an additional 1,743 shares during the period. Capital Investment Advisors LLC raised its position in shares of Cheniere Energy by 4.7% in the 3rd quarter. Capital Investment Advisors LLC now owns 1,658 shares of the energy company’s stock worth $446,000 after acquiring an additional 74 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC raised its position in shares of Cheniere Energy by 18.7% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 2,320 shares of the energy company’s stock worth $624,000 after acquiring an additional 365 shares in the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Price Performance

Shares of LNG opened at $298.80 on Friday. The stock has a market cap of $61.71 billion, a PE ratio of 22.25, a price-to-earnings-growth ratio of 1.19 and a beta of 0.06. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.72 and a current ratio of 0.87. Cheniere Energy, Inc. has a fifty-two week low of $186.20 and a fifty-two week high of $300.89. The firm’s 50-day simple moving average is $278.86 and its two-hundred day simple moving average is $261.05.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Thursday, August 6th. The energy company reported $3.02 earnings per share for the quarter, missing analysts’ consensus estimates of $3.11 by ($0.09). Cheniere Energy had a net margin of 13.57% and a return on equity of 29.80%. The business had revenue of $5.73 billion for the quarter, compared to the consensus estimate of $4.92 billion. During the same period in the prior year, the business posted $7.30 EPS. Cheniere Energy’s revenue for the quarter was up 23.5% on a year-over-year basis. Analysts anticipate that Cheniere Energy, Inc. will post 16.75 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 18th. Stockholders of record on Monday, August 10th were given a $0.5550 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, August 10th. Cheniere Energy’s payout ratio is currently 16.53%.

Analysts Set New Price Targets

LNG has been the subject of a number of research analyst reports. Zacks Research cut Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Barclays lifted their price target on Cheniere Energy from $279.00 to $287.00 and gave the company an “overweight” rating in a research report on Wednesday, October 7th. Morgan Stanley reaffirmed an “overweight” rating and issued a $310.00 price target on shares of Cheniere Energy in a research note on Friday, August 7th. Scotiabank set a $311.00 price objective on Cheniere Energy in a report on Thursday, October 15th. Finally, JPMorgan Chase & Co. increased their price objective on Cheniere Energy from $334.00 to $344.00 and gave the stock an “overweight” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $310.65.

Key Headlines Impacting Cheniere Energy

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

• Positive Sentiment: Large QatarEnergy contract strengthens long-term visibility: Cheniere agreed to supply QatarEnergy with 4 million metric tons of LNG annually through 2054—2 million tons each from its Sabine Pass and Corpus Christi facilities. The decades-long, take-or-pay-style demand commitment could support stable cash flows and reduce marketing risk. Cheniere Energy Boosts LNG Contract Backlog With QatarEnergy Deal
• Positive Sentiment: Potential support for Sabine Pass expansion: The agreement helps underpin Cheniere’s planned capacity expansion, potentially improving utilization and creating additional long-term earnings and cash-flow opportunities. QatarEnergy is seeking U.S. LNG as geopolitical disruptions affect Middle Eastern supply routes. Cheniere signs LNG supply deals with QatarEnergy through 2054
• Positive Sentiment: One analyst raised its valuation: JPMorgan increased its price target from $334 to $344 and maintained an “overweight” rating, indicating confidence in Cheniere’s contracted growth outlook.
• Positive Sentiment: Related partnership continues returning cash: Cheniere Energy Partners, L.P. declared a quarterly cash distribution of $0.890 per common unit, highlighting ongoing cash generation from the associated LNG infrastructure. This distribution is made by the partnership rather than directly by Cheniere Energy.
• Neutral Sentiment: Earnings expectations are favorable but unconfirmed: Analysts expect Cheniere to potentially exceed estimates in its upcoming report, though this is based on consensus indicators rather than reported results.
• Negative Sentiment: Valuation and analyst views are mixed: Bernstein reaffirmed an “outperform” rating but set a $283 price target, below the current trading level. Investors may also weigh execution, financing, and construction risks associated with expansion projects.

Cheniere Energy Profile

Cheniere Energy, Inc is an energy infrastructure company engaged primarily in the production and export of liquefied natural gas (LNG). The company purchases natural gas, processes it through liquefaction facilities, and delivers LNG to customers in international energy markets. Its operations also include natural gas procurement, transportation, storage, and LNG marketing.

Cheniere operates the Sabine Pass LNG facility in Cameron Parish, Louisiana, and the Corpus Christi LNG facility near Corpus Christi, Texas.