Savant Capital LLC Trims Stock Position in Scorpio Tankers Inc. $STNG

Posted by Stanley Muller on Jun 7th, 2026

Savant Capital LLC trimmed its holdings in Scorpio Tankers Inc. (NYSE:STNG – Free Report) by 75.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 5,208 shares of the shipping company’s stock after selling 16,167 shares during the period. Savant Capital LLC’s holdings in Scorpio Tankers were worth $265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of STNG. Merewether Investment Management LP acquired a new position in shares of Scorpio Tankers in the 3rd quarter valued at $38,471,000. Assenagon Asset Management S.A. increased its holdings in shares of Scorpio Tankers by 136.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 853,712 shares of the shipping company’s stock valued at $43,394,000 after acquiring an additional 492,584 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of Scorpio Tankers by 68.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 806,049 shares of the shipping company’s stock valued at $45,179,000 after acquiring an additional 326,973 shares during the period. AQR Capital Management LLC increased its holdings in shares of Scorpio Tankers by 91.9% in the 2nd quarter. AQR Capital Management LLC now owns 642,673 shares of the shipping company’s stock valued at $25,148,000 after acquiring an additional 307,815 shares during the period. Finally, Credit Agricole S A acquired a new position in shares of Scorpio Tankers in the 3rd quarter valued at $16,703,000. 54.64% of the stock is owned by institutional investors and hedge funds.

Scorpio Tankers Stock Performance

Shares of STNG opened at $75.93 on Friday. The company has a 50-day simple moving average of $78.14 and a 200-day simple moving average of $67.78. The company has a quick ratio of 13.87, a current ratio of 13.98 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $3.83 billion, a PE ratio of 7.47 and a beta of -0.26. Scorpio Tankers Inc. has a 52-week low of $38.83 and a 52-week high of $87.39.

Scorpio Tankers (NYSE:STNG – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The shipping company reported $3.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.79 by $0.23. The business had revenue of $312.86 million during the quarter, compared to the consensus estimate of $286.81 million. Scorpio Tankers had a net margin of 48.44% and a return on equity of 11.72%. The business’s revenue was up 46.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.03 EPS. Equities research analysts predict that Scorpio Tankers Inc. will post 11.44 earnings per share for the current fiscal year.

Scorpio Tankers Dividend Announcement

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, May 29th. Scorpio Tankers’s dividend payout ratio (DPR) is currently 17.70%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. B. Riley Financial reissued a “buy” rating on shares of Scorpio Tankers in a research note on Friday, February 13th. Dnb Carnegie cut shares of Scorpio Tankers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 12th. Wall Street Zen cut shares of Scorpio Tankers from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Bank of America upgraded shares of Scorpio Tankers from an “underperform” rating to a “buy” rating and raised their target price for the stock from $76.00 to $100.00 in a research note on Thursday, May 7th. Finally, Zacks Research upgraded shares of Scorpio Tankers from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Scorpio Tankers presently has an average rating of “Moderate Buy” and an average target price of $93.50.

Check Out Our Latest Analysis 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.