First Trust Advisors LP Raises Stock Position in SM Energy Company $SM

Posted by Brenda Bartman on Jul 28th, 2026

First Trust Advisors LP increased its position in shares of SM Energy Company (NYSE:SM – Free Report) by 72.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,290,485 shares of the energy company’s stock after acquiring an additional 543,769 shares during the period. First Trust Advisors LP’s holdings in SM Energy were worth $40,237,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. NBC Securities Inc. grew its position in shares of SM Energy by 160.5% during the 4th quarter. NBC Securities Inc. now owns 1,347 shares of the energy company’s stock valued at $25,000 after purchasing an additional 830 shares in the last quarter. SBI Securities Co. Ltd. increased its holdings in shares of SM Energy by 10,461.5% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,373 shares of the energy company’s stock worth $26,000 after purchasing an additional 1,360 shares during the period. Torren Management LLC raised its position in shares of SM Energy by 4,561.1% in the first quarter. Torren Management LLC now owns 839 shares of the energy company’s stock worth $26,000 after buying an additional 821 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of SM Energy by 62.9% in the fourth quarter. Global Retirement Partners LLC now owns 1,386 shares of the energy company’s stock worth $26,000 after buying an additional 535 shares in the last quarter. Finally, Center for Financial Planning Inc. bought a new stake in SM Energy during the first quarter valued at $31,000. 94.56% of the stock is currently owned by hedge funds and other institutional investors.

SM Energy Trading Down 8.6%

Shares of SM opened at $30.33 on Tuesday. The stock has a market capitalization of $7.27 billion, a P/E ratio of 12.74 and a beta of 0.73. SM Energy Company has a twelve month low of $17.45 and a twelve month high of $35.88. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.98. The firm has a fifty day simple moving average of $30.17 and a two-hundred day simple moving average of $26.99.

SM Energy (NYSE:SM – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.42. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.42 billion. SM Energy had a return on equity of 13.93% and a net margin of 3.45%.SM Energy’s revenue was up 75.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.76 EPS. On average, research analysts anticipate that SM Energy Company will post 6.95 EPS for the current year.

SM Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Monday, June 8th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Monday, June 8th. SM Energy’s dividend payout ratio is currently 36.97%.

Insider Buying and Selling

In related 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 value of $834,310.94. Following the completion of the sale, the director owned 65,964 shares of the company’s stock, valued at $2,241,456.72. This trade represents a 27.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.45% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Siebert Williams Shank upgraded SM Energy from a “hold” rating to a “buy” rating and upped their target price for the stock from $30.00 to $41.00 in a research note on Thursday, May 14th. KeyCorp raised their target price on shares of SM Energy from $29.00 to $39.00 and gave the company an “overweight” rating in a research note on Thursday, April 2nd. Weiss Ratings raised shares of SM Energy from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Roth Capital raised shares of SM Energy from a “neutral” rating to a “buy” rating and increased their price target for the stock from $30.00 to $32.00 in a report on Monday, June 22nd. Finally, Raymond James Financial decreased their price target on shares of SM Energy from $55.00 to $48.00 and set an “outperform” rating on the stock in a report on Tuesday, July 21st. Ten research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, SM Energy has an average rating of “Moderate Buy” and an average price target of $36.53.

View Our Latest Stock Report on SM Energy

SM Energy Profile

(Free Report)

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.