Empowered Funds LLC Has $17.96 Million Position in Scorpio Tankers Inc. $STNG

Posted by on Jul 29th, 2026

Empowered Funds LLC boosted its position in shares of Scorpio Tankers Inc. (NYSE:STNG – Free Report) by 20.9% in the first quarter, Holdings Channel reports. The firm owned 240,545 shares of the shipping company’s stock after purchasing an additional 41,516 shares during the period. Empowered Funds LLC’s holdings in Scorpio Tankers were worth $17,959,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Global Retirement Partners LLC raised its holdings in 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. Assetmark Inc. bought a new stake in shares of Scorpio Tankers in the 1st quarter valued at $28,000. Zions Bancorporation National Association UT bought a new stake in shares of Scorpio Tankers in the 4th quarter valued at $29,000. Smartleaf Asset Management LLC raised its stake in Scorpio Tankers by 154.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 646 shares of the shipping company’s stock worth $33,000 after buying an additional 392 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in Scorpio Tankers during the 3rd quarter worth $36,000. Institutional investors own 54.64% of the company’s stock.

Scorpio Tankers Price Performance

NYSE:STNG opened at $79.25 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 13.87 and a current ratio of 13.98. The stock’s 50-day simple moving average is $77.10 and its 200 day simple moving average is $73.71. The company has a market cap of $4.00 billion, a P/E ratio of 7.79 and a beta of -0.24. Scorpio Tankers Inc. has a 52-week low of $43.78 and a 52-week high of $87.39.

Scorpio Tankers (NYSE:STNG – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The shipping company reported $3.02 EPS for the quarter, beating the consensus estimate of $2.79 by $0.23. The firm had revenue of $312.86 million during the quarter, compared to analysts’ expectations of $286.81 million. Scorpio Tankers had a return on equity of 11.72% and a net margin of 48.44%.The business’s quarterly revenue was up 46.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.03 earnings per share. As a group, sell-side analysts forecast that Scorpio Tankers Inc. will post 12.15 EPS for the current fiscal year.

Scorpio Tankers Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a dividend of $0.45 per share. The ex-dividend date was Friday, May 29th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.3%. Scorpio Tankers’s dividend payout ratio is currently 17.70%.

Analysts Set New Price Targets

A number of research analysts have issued reports on STNG shares. Zacks Research raised Scorpio Tankers from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 14th. Wall Street Zen lowered Scorpio Tankers from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 14th. Morgan Stanley set a $82.00 price objective on Scorpio Tankers and gave the company an “equal weight” rating in a report on Thursday, July 9th. Evercore reiterated an “outperform” rating and set a $94.00 price objective on shares of Scorpio Tankers in a report on Wednesday, July 22nd. Finally, Jefferies Financial Group initiated coverage on Scorpio Tankers in a research report on Friday, April 24th. They issued a “buy” rating and a $90.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $88.14.

Read Our Latest Research Report on STNG

Scorpio Tankers Profile

(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.

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Institutional Ownership by Quarter for Scorpio Tankers (NYSE:STNG)

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