First Trust Advisors LP Decreases Stake in Liberty Energy Inc. $LBRT

Posted by Stanley Muller on Aug 2nd, 2026

First Trust Advisors LP lowered its stake in Liberty Energy Inc. (NYSE:LBRT – Free Report) by 36.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 275,854 shares of the company’s stock after selling 157,883 shares during the period. First Trust Advisors LP’s holdings in Liberty Energy were worth $7,945,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in LBRT. Franklin Resources Inc. grew its holdings in shares of Liberty Energy by 78.5% in the third quarter. Franklin Resources Inc. now owns 8,575,840 shares of the company’s stock worth $105,826,000 after purchasing an additional 3,771,724 shares during the last quarter. Balyasny Asset Management L.P. raised its holdings in Liberty Energy by 1,529.2% during the 3rd quarter. Balyasny Asset Management L.P. now owns 2,753,357 shares of the company’s stock valued at $33,976,000 after buying an additional 2,584,359 shares during the last quarter. Millennium Management LLC raised its holdings in Liberty Energy by 184.7% during the 4th quarter. Millennium Management LLC now owns 3,287,466 shares of the company’s stock valued at $60,687,000 after buying an additional 2,132,685 shares during the last quarter. Sourcerock Group LLC purchased a new stake in Liberty Energy during the 2nd quarter valued at $23,653,000. Finally, Eventide Asset Management LLC purchased a new stake in Liberty Energy during the 4th quarter valued at $36,394,000. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Insider Activity

In other news, Chairman William F. Kimble sold 7,350 shares of Liberty Energy stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $33.92, for a total transaction of $249,312.00. Following the sale, the chairman owned 89,805 shares of the company’s stock, valued at approximately $3,046,185.60. The trade was a 7.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Michael Stock sold 9,999 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $25.89, for a total transaction of $258,874.11. Following the transaction, the chief financial officer owned 773,711 shares in the company, valued at $20,031,377.79. This represents a 1.28% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 54,012 shares of company stock valued at $1,673,803. Corporate insiders own 2.00% of the company’s stock.

Liberty Energy Stock Performance

Shares of LBRT stock opened at $18.65 on Friday. The stock has a fifty day moving average of $25.69 and a 200 day moving average of $27.10. Liberty Energy Inc. has a 52 week low of $9.90 and a 52 week high of $34.48. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 25.20, a PEG ratio of 3.57 and a beta of 0.54. The company has a quick ratio of 1.75, a current ratio of 1.99 and a debt-to-equity ratio of 0.74.

Liberty Energy (NYSE:LBRT – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.01. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Liberty Energy had a net margin of 2.92% and a return on equity of 1.14%. The firm’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.12 earnings per share. As a group, research analysts expect that Liberty Energy Inc. will post 0.25 earnings per share for the current year.

Liberty Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, September 4th. Liberty Energy’s dividend payout ratio (DPR) is currently 48.65%.

Analyst Ratings Changes

A number of brokerages have issued reports on LBRT. Weiss Ratings reissued a “hold (c)” rating on shares of Liberty Energy in a report on Wednesday. Stifel Nicolaus lowered their price objective on shares of Liberty Energy from $37.00 to $36.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Wall Street Zen lowered shares of Liberty Energy from a “hold” rating to a “sell” rating in a report on Saturday. Barclays raised their target price on Liberty Energy from $29.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $31.00 price target on shares of Liberty Energy in a report on Wednesday, June 3rd. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Liberty Energy currently has an average rating of “Moderate Buy” and an average price target of $31.09.

Read Our Latest Report on Liberty Energy

Liberty Energy Profile

(Free Report)

Liberty Energy Inc provides hydraulic services and related technologies to onshore oil and natural gas exploration, and production companies in North America. The company offers hydraulic fracturing services, including complementary services, such as wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data analytics, related goods comprising sand mine operations, and technologies; and well site fueling and logistics. As of as of December 31, 2023, the company owned and operated a fleet of approximately 40 active hydraulic fracturing; and two sand mines in the Permian Basin.