Whitebox Advisors LLC Acquires New Holdings in SM Energy Company $SM

Posted by George Bondi on Jul 27th, 2026

Whitebox Advisors LLC bought a new stake in SM Energy Company (NYSE:SM – Free Report) during the first quarter, Holdings Channel.com reports. The firm bought 602,301 shares of the energy company’s stock, valued at approximately $18,780,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP increased its holdings in shares of SM Energy by 79.5% during the first quarter. Dimensional Fund Advisors LP now owns 9,995,353 shares of the energy company’s stock worth $311,678,000 after buying an additional 4,426,751 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of SM Energy by 205.1% during the 4th quarter. Millennium Management LLC now owns 2,835,718 shares of the energy company’s stock valued at $53,028,000 after acquiring an additional 1,906,255 shares in the last quarter. Alyeska Investment Group L.P. boosted its holdings in shares of SM Energy by 268.3% during the 4th quarter. Alyeska Investment Group L.P. now owns 2,271,757 shares of the energy company’s stock valued at $42,482,000 after acquiring an additional 1,654,891 shares in the last quarter. Woodline Partners LP grew its position 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 acquiring an additional 1,616,822 shares during the last quarter. Finally, Sagefield Capital LP bought a new stake in SM Energy during the 4th quarter worth $20,275,000. Institutional investors own 94.56% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on SM. KeyCorp upped their target price on SM Energy from $29.00 to $39.00 and gave the stock an “overweight” rating in a report on Thursday, April 2nd. Zacks Research lowered SM Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Raymond James Financial reduced their price target on SM Energy from $55.00 to $48.00 and set an “outperform” rating on the stock in a report on Tuesday, July 21st. UBS Group started coverage on SM Energy in a research note on Tuesday, July 14th. They issued a “buy” rating and a $36.00 price objective for the company. Finally, Roth Capital upgraded shares of SM Energy from a “neutral” rating to a “buy” rating and raised their price objective for the company from $30.00 to $32.00 in a report on Monday, June 22nd. Ten equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $36.53.

Read Our Latest Stock Report on SM

SM Energy Stock Performance

Shares of SM Energy stock opened at $33.19 on Monday. The stock has a market cap of $7.96 billion, a price-to-earnings ratio of 13.94 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’s fifty day moving average is $30.23 and its 200 day moving average is $26.90. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.98.

SM Energy (NYSE:SM – Get Free Report) last announced its earnings results on Wednesday, May 6th. The energy company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.42. The business had revenue of $1.48 billion during the quarter, compared to analyst estimates 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 for the quarter was up 75.0% compared to the same quarter last year. During the same period last year, the company earned $1.76 EPS. Sell-side analysts forecast that SM Energy Company will post 6.95 EPS for the current year.

SM Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Stockholders of record on Monday, June 8th were paid a $0.22 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 2.7%. SM Energy’s dividend payout ratio is presently 36.97%.

Insider Buying and Selling at SM Energy

In other news, Director Ramiro G. Peru sold 24,553 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $33.98, for a total transaction of $834,310.94. Following the completion of the transaction, the director directly owned 65,964 shares in the company, 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 Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.45% of the company’s stock.

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.