Capital International Investors Has $104.56 Million Stock Holdings in Sable Offshore Corp. $SOC

Posted by Francis Steltz on Jun 9th, 2026

Capital International Investors grew its position in Sable Offshore Corp. (NYSE:SOC – Free Report) by 542.6% during the 4th quarter, HoldingsChannel reports. The firm owned 11,592,407 shares of the company’s stock after purchasing an additional 9,788,351 shares during the quarter. Capital International Investors owned about 0.08% of Sable Offshore worth $104,564,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Sable Offshore by 64.9% in the fourth quarter. Vanguard Group Inc. now owns 7,557,670 shares of the company’s stock worth $68,170,000 after purchasing an additional 2,975,712 shares during the period. State Street Corp raised its holdings in shares of Sable Offshore by 16.1% during the second quarter. State Street Corp now owns 3,035,292 shares of the company’s stock worth $66,716,000 after acquiring an additional 420,433 shares during the period. Geode Capital Management LLC raised its holdings in shares of Sable Offshore by 28.6% during the fourth quarter. Geode Capital Management LLC now owns 2,294,121 shares of the company’s stock worth $20,699,000 after acquiring an additional 510,188 shares during the period. BW Gestao de Investimentos Ltda. acquired a new stake in shares of Sable Offshore during the fourth quarter worth $13,234,000. Finally, Bank of America Corp DE raised its holdings in shares of Sable Offshore by 329.8% during the second quarter. Bank of America Corp DE now owns 1,124,427 shares of the company’s stock worth $24,715,000 after acquiring an additional 862,810 shares during the period. 26.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Roth Mkm set a $22.00 price objective on shares of Sable Offshore in a report on Monday, June 1st. Wall Street Zen lowered shares of Sable Offshore from a “hold” rating to a “sell” rating in a report on Saturday. Benchmark reaffirmed a “hold” rating on shares of Sable Offshore in a research report on Tuesday, June 2nd. Jefferies Financial Group decreased their target price on shares of Sable Offshore from $30.00 to $24.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Finally, Zacks Research downgraded shares of Sable Offshore from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 3rd. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $22.00.

Get Our Latest Stock Analysis on Sable Offshore

Insider Transactions at Sable Offshore

In other news, insider Anthony Duenner sold 279,081 shares of the business’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $16.69, for a total transaction of $4,657,861.89. Following the transaction, the insider directly owned 470,919 shares in the company, valued at $7,859,638.11. The trade was a 37.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO James Caldwell Flores sold 279,081 shares of the business’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $16.69, for a total transaction of $4,657,861.89. Following the transaction, the chief operating officer owned 442,794 shares in the company, valued at $7,390,231.86. This represents a 38.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,077,406 shares of company stock worth $17,202,083 in the last ninety days. Insiders own 36.36% of the company’s stock.

Sable Offshore Trading Up 7.4%

Sable Offshore stock opened at $13.16 on Tuesday. The company has a market cap of $2.03 billion, a P/E ratio of -3.08 and a beta of -0.22. Sable Offshore Corp. has a 1-year low of $3.72 and a 1-year high of $32.18. The company has a fifty day simple moving average of $14.10 and a 200 day simple moving average of $11.18.

Sable Offshore (NYSE:SOC – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($1.37) EPS for the quarter, missing analysts’ consensus estimates of ($0.52) by ($0.85). The business had revenue of $1.27 million for the quarter, compared to analysts’ expectations of $16.10 million. On average, equities research analysts forecast that Sable Offshore Corp. will post 0.04 EPS for the current year.

Sable Offshore Profile

(Free Report)

Sable Offshore (NYSE:SOC) is an independent upstream oil and natural gas company specializing in offshore hydrocarbon exploration and production. The company identifies and secures exploration and development rights, conducts detailed seismic interpretation, and advances offshore prospects through appraisal and development phases. Its focus on the offshore environment drives investments in specialized drilling techniques, subsea infrastructure and production facility design.

Core business activities include offshore seismic surveys, the drilling of exploration and appraisal wells, installation and operation of production platforms or subsea systems, and well intervention services.