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

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

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Park Avenue Securities LLC grew its position in SM Energy by 22.8% in the 4th quarter. Park Avenue Securities LLC now owns 11,049 shares of the energy company's stock worth $428,000 after purchasing an additional 2,054 shares during the last quarter. Range Financial Group LLC bought a new stake in SM Energy during the 4th quarter valued at $833,000. Diversified Trust Co boosted its position in SM Energy by 16.5% during the 4th quarter. Diversified Trust Co now owns 21,776 shares of the energy company's stock worth $844,000 after acquiring an additional 3,089 shares during the period. Insight Wealth Strategies LLC boosted its stake in shares of SM Energy by 5.8% during the 4th quarter. Insight Wealth Strategies LLC now owns 51,084 shares of the energy company's stock worth $1,980,000 after acquiring an additional 2,801 shares in the last quarter. Finally, DGS Capital Management LLC grew its holdings in shares of SM Energy by 88.4% in the 3rd quarter. DGS Capital Management LLC now owns 10,910 shares of the energy company's stock worth $436,000 after acquiring an additional 5,119 shares during the last quarter. Institutional investors and hedge funds own 94.56% of the company's stock.

SM Energy Trading Down 1.4 %

SM stock traded down $0.63 during trading on Thursday, hitting $44.06. The company had a trading volume of 1,182,595 shares, compared to its average volume of 1,472,559. The firm has a 50-day moving average price of $41.77 and a 200-day moving average price of $42.77. The stock has a market cap of $5.04 billion, a price-to-earnings ratio of 6.15 and a beta of 4.14. SM Energy has a 12 month low of $34.76 and a 12 month high of $53.26. The company has a quick ratio of 3.52, a current ratio of 3.52 and a debt-to-equity ratio of 0.67.

SM Energy (NYSE:SM - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The energy company reported $1.62 EPS for the quarter, topping analysts' consensus estimates of $1.52 by $0.10. The firm had revenue of $643.60 million during the quarter, compared to analyst estimates of $643.67 million. SM Energy had a return on equity of 19.62% and a net margin of 33.89%. The company's revenue was up .4% on a year-over-year basis. During the same period last year, the company earned $1.73 earnings per share. As a group, analysts predict that SM Energy will post 6.8 earnings per share for the current year.

SM Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 24th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.82%. SM Energy's payout ratio is 11.17%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Stephens restated an "overweight" rating and set a $57.00 price target on shares of SM Energy in a report on Thursday, January 2nd. TD Cowen upgraded shares of SM Energy from a "hold" rating to a "buy" rating and reduced their price objective for the stock from $64.00 to $60.00 in a research note on Tuesday, October 15th. Truist Financial raised their target price on shares of SM Energy from $42.00 to $45.00 and gave the company a "hold" rating in a research note on Monday. Mizuho cut their target price 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. Finally, KeyCorp lowered their price target on SM Energy from $65.00 to $60.00 and set an "overweight" rating on the stock in a research report on Wednesday, October 16th. Seven research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $51.90.

SM Energy Company Profile

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.