VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 113,600 SM Energy Company $SM

Posted by Francis Steltz on Sep 11th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of SM Energy Company (NYSE:SM – Free Report) during the 2nd quarter, Holdings Channel reports. The fund acquired 113,600 shares of the energy company’s stock, valued at approximately $2,965,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Torren Management LLC lifted its position in SM Energy by 4,561.1% during the first quarter. Torren Management LLC now owns 839 shares of the energy company’s stock worth $26,000 after buying an additional 821 shares during the period. Center for Financial Planning Inc. purchased a new stake in SM Energy in the 1st quarter valued at about $31,000. Valued Wealth Advisors LLC purchased a new stake in SM Energy in the 1st quarter valued at about $33,000. Kilter Group LLC acquired a new position in shares of SM Energy during the 2nd quarter valued at about $28,000. Finally, Assetmark Inc. acquired a new position in shares of SM Energy during the 1st quarter valued at about $35,000. Hedge funds and other institutional investors own 94.56% of the company’s stock.

Insider Buying and Selling

In other SM Energy news, EVP James Barker Lebeck sold 17,500 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $37.02, for a total value of $647,850.00. Following the completion of the transaction, the executive vice president owned 14,705 shares in the company, valued at $544,379.10. This represents a 54.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.45% of the company’s stock.

SM Energy Stock Up 0.4%

Shares of NYSE SM opened at $38.14 on Friday. The stock has a fifty day moving average price of $33.00 and a 200 day moving average price of $30.41. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.85. SM Energy Company has a 12-month low of $17.45 and a 12-month high of $38.94. The company has a market cap of $9.07 billion, a P/E ratio of 7.51 and a beta of 0.75.

SM Energy (NYSE:SM – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The energy company reported $2.19 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.23. SM Energy had a return on equity of 17.93% and a net margin of 18.20%.The company had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter in the previous year, the firm posted $1.50 earnings per share. The firm’s quarterly revenue was up 215.3% on a year-over-year basis. Research analysts anticipate that SM Energy Company will post 7.48 EPS for the current fiscal year.

SM Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 21st. Investors of record on Monday, September 7th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 2.3%. SM Energy’s payout ratio is 17.32%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of SM Energy in a report on Monday, August 17th. Roth Capital raised shares of SM Energy from a “neutral” rating to a “buy” rating and upped their price target for the stock from $30.00 to $32.00 in a research report on Monday, June 22nd. UBS Group assumed coverage on shares of SM Energy in a research note on Tuesday, July 14th. They set a “buy” rating and a $36.00 price target on the stock. Siebert Williams Shank upgraded shares of SM Energy from a “hold” rating to a “buy” rating and lifted their price target for the company from $30.00 to $41.00 in a report on Thursday, May 14th. Finally, Stifel Nicolaus started coverage on shares of SM Energy in a research note on Wednesday. They set a “hold” rating and a $42.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.19.

Read Our Latest Analysis on SM Energy

SM Energy Profile

(Free Report)

SM Energy Company (NYSE: SM) is an independent energy company engaged in the exploration, development and production of oil, natural gas and natural gas liquids. Its operations focus on acquiring and developing oil and gas properties and producing hydrocarbons from onshore assets in the United States.

The company’s principal operations are concentrated in the Permian Basin of West Texas and the South Texas region. SM Energy has also expanded its U.S. operating portfolio through acquisitions, including assets in Utah’s Uinta Basin.