Marnell Management LLC Invests $1.43 Million in Scorpio Tankers Inc. $STNG

Posted by Brenda Bartman on Jun 15th, 2026

Marnell Management LLC acquired a new position in Scorpio Tankers Inc. (NYSE:STNG – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 28,044 shares of the shipping company’s stock, valued at approximately $1,425,000. Scorpio Tankers accounts for 0.7% of Marnell Management LLC’s investment portfolio, making the stock its 29th largest position.

A number of other institutional investors have also made changes to their positions in STNG. Global Retirement Partners LLC increased its stake in shares of Scorpio Tankers by 1,645.2% in the fourth quarter. Global Retirement Partners LLC now owns 541 shares of the shipping company’s stock worth $27,000 after purchasing an additional 510 shares during the period. Clearstead Advisors LLC increased its stake in shares of Scorpio Tankers by 67.9% in the third quarter. Clearstead Advisors LLC now owns 507 shares of the shipping company’s stock worth $28,000 after purchasing an additional 205 shares during the period. Zions Bancorporation National Association UT acquired a new stake in Scorpio Tankers during the fourth quarter worth about $29,000. Smartleaf Asset Management LLC grew its position in Scorpio Tankers by 154.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 646 shares of the shipping company’s stock worth $33,000 after buying an additional 392 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in Scorpio Tankers during the third quarter worth about $36,000. 54.64% of the stock is currently owned by institutional investors.

Scorpio Tankers Stock Down 0.0%

Shares of STNG opened at $79.02 on Monday. The company has a market capitalization of $3.98 billion, a P/E ratio of 7.77 and a beta of -0.26. The company has a debt-to-equity ratio of 0.16, a current ratio of 13.98 and a quick ratio of 13.87. Scorpio Tankers Inc. has a one year low of $38.83 and a one year high of $87.39. The business’s 50 day simple moving average is $78.38 and its 200-day simple moving average is $68.38.

Scorpio Tankers (NYSE:STNG – Get Free Report) last announced its earnings results on Wednesday, May 6th. The shipping company reported $3.02 EPS for the quarter, topping the consensus estimate of $2.79 by $0.23. The business had revenue of $312.86 million for the quarter, compared to the consensus estimate of $286.81 million. Scorpio Tankers had a return on equity of 11.72% and a net margin of 48.44%.Scorpio Tankers’s revenue was up 46.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.03 EPS. As a group, sell-side analysts predict that Scorpio Tankers Inc. will post 11.44 EPS for the current fiscal year.

Scorpio Tankers Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, May 29th. Scorpio Tankers’s payout ratio is presently 17.70%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on STNG shares. Zacks Research raised Scorpio Tankers from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. BTIG Research lifted their target price on Scorpio Tankers from $85.00 to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Evercore reissued an “outperform” rating and set a $98.00 target price on shares of Scorpio Tankers in a research report on Wednesday, May 27th. Bank of America raised Scorpio Tankers from an “underperform” rating to a “buy” rating and lifted their target price for the stock from $76.00 to $100.00 in a research report on Thursday, May 7th. Finally, Wall Street Zen downgraded Scorpio Tankers from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 6th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $93.50.

Get Our Latest Report on STNG

About Scorpio Tankers

(Free Report)

Scorpio Tankers Inc (NYSE: STNG) is an independent provider of marine transportation services, specializing in the carriage of refined petroleum products. The company’s core operations focus on moving clean petroleum cargoes—such as gasoline, diesel, jet fuel and naphtha—on a global scale. By catering to both spot and time charter markets, Scorpio Tankers enables energy companies, refiners and traders to manage their supply chains with flexibility and reliability.

The company’s fleet is composed of modern, eco-designed product tankers, including medium range (MR) and long range (LR) vessels.