40,311 SM Energy Company $SM Shares Sold by Leeward Investments LLC MA

Posted by Brian Himes on Oct 26th, 2026

Leeward Investments LLC MA lessened its holdings in SM Energy Company (NYSE:SM – Free Report) by 9.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 376,172 shares of the energy company’s stock after selling 40,311 shares during the quarter. Leeward Investments LLC MA’s holdings in SM Energy were worth $12,707,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of SM. BlackRock Inc. bought a new stake in SM Energy during the second quarter valued at about $1,025,229,000. Canada Pension Plan Investment Board purchased a new position in shares of SM Energy in the second quarter valued at about $378,288,000. Dimensional Fund Advisors LP boosted its stake in shares of SM Energy by 79.5% in the first quarter. Dimensional Fund Advisors LP now owns 9,995,353 shares of the energy company’s stock worth $311,678,000 after acquiring an additional 4,426,751 shares during the period. Donald Smith & CO. Inc. bought a new position in shares of SM Energy in the second quarter worth about $199,602,000. Finally, Webs Creek Capital Management LP bought a new position in shares of SM Energy in the second quarter worth about $53,257,807. Hedge funds and other institutional investors own 94.56% of the company’s stock.

Insider Activity

In related news, EVP James Barker Lebeck sold 17,500 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $37.02, for a total transaction of $647,850.00. Following the completion of the transaction, the executive vice president directly owned 14,705 shares of the company’s stock, valued at approximately $544,379.10. This represents a 54.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ashwin Venkatraman sold 3,650 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $38.28, for a total value of $139,722.00. Following the transaction, the director directly owned 12,525 shares of the company’s stock, valued at approximately $479,457. The trade was a 22.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Stephens cut their target price on SM Energy from $61.00 to $52.00 and set an “overweight” rating for the company in a research report on Tuesday, July 7th. Weiss Ratings raised SM Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 16th. Truist Financial boosted their price target on SM Energy from $43.00 to $48.00 and gave the stock a “buy” rating in a report on Wednesday, October 7th. Wells Fargo & Company upgraded SM Energy from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $32.00 to $47.00 in a research note on Thursday, August 13th. Finally, Wall Street Zen raised shares of SM Energy from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 19th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $40.59.

Check Out Our Latest Stock Report on SM Energy

SM Energy Stock Performance

SM opened at $40.10 on Monday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.62 and a current ratio of 0.62. The stock has a market capitalization of $9.54 billion, a price-to-earnings ratio of 7.89 and a beta of 0.95. The company has a fifty day moving average of $36.79 and a 200 day moving average of $32.48. SM Energy Company has a fifty-two week low of $17.45 and a fifty-two week high of $41.56.

SM Energy (NYSE:SM – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The energy company reported $2.19 EPS for the quarter, topping the consensus estimate of $1.96 by $0.23. SM Energy had a net margin of 18.20% and a return on equity of 17.93%. The business 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 company earned $1.50 EPS. The business’s quarterly revenue was up 215.3% compared to the same quarter last year. As a group, sell-side analysts forecast that SM Energy Company will post 8.15 earnings per share for the current fiscal year.

SM Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Monday, September 7th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, September 4th. SM Energy’s payout ratio is 17.32%.

SM Energy Profile

(Free Report)

SM Energy Company is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Its activities include acquiring prospective acreage, drilling and completing wells, and managing producing properties in U.S. onshore oil and gas basins.

The company’s operations are primarily concentrated in Texas, including the Midland Basin in West Texas and the Eagle Ford shale region in South Texas. SM Energy focuses on development of unconventional resources and uses horizontal drilling and hydraulic fracturing technologies to produce hydrocarbons from shale and other tight-rock formations.

Founded in 1908 as St.