Janney Montgomery Scott LLC Buys Shares of 18,706 SM Energy Company $SM

Posted by Brian Himes on Jul 15th, 2026

Janney Montgomery Scott LLC bought a new stake in SM Energy Company (NYSE:SM – Free Report) during the 1st quarter, HoldingsChannel.com reports. The firm bought 18,706 shares of the energy company’s stock, valued at approximately $583,000.

A number of other institutional investors have also recently made changes to their positions in SM. State Street Corp increased its position in shares of SM Energy by 1.7% during the fourth quarter. State Street Corp now owns 6,257,360 shares of the energy company’s stock worth $118,267,000 after purchasing an additional 107,295 shares in the last quarter. Millennium Management LLC lifted its holdings in SM Energy by 205.1% in the 4th quarter. Millennium Management LLC now owns 2,835,718 shares of the energy company’s stock valued at $53,028,000 after purchasing an additional 1,906,255 shares in the last quarter. Geode Capital Management LLC lifted its holdings in SM Energy by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 2,721,147 shares of the energy company’s stock valued at $50,897,000 after purchasing an additional 56,187 shares in the last quarter. Woodline Partners LP boosted its stake in SM Energy by 198.9% during the 3rd quarter. Woodline Partners LP now owns 2,429,518 shares of the energy company’s stock worth $60,665,000 after purchasing an additional 1,616,822 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in SM Energy by 1.5% during the 3rd quarter. Invesco Ltd. now owns 2,323,065 shares of the energy company’s stock worth $58,007,000 after purchasing an additional 33,751 shares during the last quarter. 94.56% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at SM Energy

In related news, Director Ramiro G. Peru sold 24,553 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $33.98, for a total transaction of $834,310.94. Following the completion of the sale, the director directly owned 65,964 shares in the company, valued at approximately $2,241,456.72. This trade represents a 27.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.45% of the company’s stock.

SM Energy Stock Performance

Shares of SM Energy stock opened at $29.72 on Wednesday. The business’s 50 day moving average price is $30.01 and its 200 day moving average price is $26.16. The company has a market cap of $7.13 billion, a price-to-earnings ratio of 12.49 and a beta of 0.73. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.39 and a current ratio of 0.39. SM Energy Company has a one year low of $17.45 and a one year high of $35.88.

SM Energy (NYSE:SM – Get Free Report) last issued its earnings results on Wednesday, May 6th. The energy company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.42. SM Energy had a return on equity of 13.93% and a net margin of 3.45%.The company had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the prior year, the business earned $1.76 EPS. The firm’s quarterly revenue was up 75.0% on a year-over-year basis. On average, research analysts predict that SM Energy Company will post 7.1 EPS for the current year.

SM Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Stockholders of record on Monday, June 8th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 3.0%. SM Energy’s payout ratio is presently 36.97%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Zacks Research lowered shares of SM Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Truist Financial decreased their price target on shares of SM Energy from $39.00 to $37.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. Siebert Williams Shank upgraded shares of SM Energy from a “hold” rating to a “buy” rating and boosted their price target for the stock from $30.00 to $41.00 in a research report on Thursday, May 14th. 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. Finally, National Bank Financial set a $30.00 price objective on shares of SM Energy in a report on Tuesday, March 17th. Ten investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $36.93.

Check Out Our Latest Stock Report on SM Energy

SM Energy Company 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.