40,477 Shares of Solaris Energy Infrastructure, Inc. $SEI Purchased by Brooklands Fund Management Ltd

Key Points

• Brooklands Fund Management purchased 40,477 shares of Solaris Energy Infrastructure in the third quarter, worth approximately $2.88 million and representing about 0.05% of the company. Institutional investors collectively own 67.44% of SEI.
• Solaris reported quarterly EPS of $0.39, beating analyst estimates of $0.31, on revenue of $219.4 million. The company posted a 7.19% net margin and 13.26% return on equity.
• Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and an average price target of $94.08, compared with the stock’s reported price of $68.91.

Brooklands Fund Management Ltd purchased a new position in Solaris Energy Infrastructure, Inc. (NYSE:SEI - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 40,477 shares of the company's stock, valued at approximately $2,881,000. Brooklands Fund Management Ltd owned approximately 0.05% of Solaris Energy Infrastructure as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Situational Awareness LP boosted its holdings in Solaris Energy Infrastructure by 2.2% during the second quarter. Situational Awareness LP now owns 1,129,621 shares of the company's stock valued at $90,889,000 after purchasing an additional 24,070 shares in the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT raised its holdings in shares of Solaris Energy Infrastructure by 146.2% in the 3rd quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 1,029,000 shares of the company's stock worth $73,244,000 after buying an additional 611,000 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of Solaris Energy Infrastructure by 215.1% in the 1st quarter. Jennison Associates LLC now owns 1,179,736 shares of the company's stock worth $66,667,000 after buying an additional 805,319 shares in the last quarter. Two Seas Capital LP acquired a new position in shares of Solaris Energy Infrastructure in the 3rd quarter worth approximately $56,007,000. Finally, Dimensional Fund Advisors LP boosted its stake in Solaris Energy Infrastructure by 19.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 871,462 shares of the company's stock valued at $49,239,000 after buying an additional 142,973 shares in the last quarter. Institutional investors own 67.44% of the company's stock.

Solaris Energy Infrastructure Stock Performance

Shares of NYSE:SEI opened at $68.91 on Friday. The business has a fifty day moving average of $64.67 and a 200-day moving average of $63.13. The company has a debt-to-equity ratio of 2.23, a quick ratio of 4.03 and a current ratio of 4.12. Solaris Energy Infrastructure, Inc. has a twelve month low of $38.50 and a twelve month high of $86.19. The firm has a market cap of $5.28 billion, a PE ratio of 45.98 and a beta of 1.28.

Solaris Energy Infrastructure (NYSE:SEI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.08. Solaris Energy Infrastructure had a net margin of 7.19% and a return on equity of 13.26%. The business had revenue of $219.40 million for the quarter. On average, equities research analysts predict that Solaris Energy Infrastructure, Inc. will post 1.42 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Raymond James Financial upped their price target on Solaris Energy Infrastructure from $82.00 to $96.00 and gave the company an "outperform" rating in a research report on Wednesday, September 9th. Morgan Stanley lifted their price objective on Solaris Energy Infrastructure from $90.00 to $102.00 and gave the company an "overweight" rating in a report on Wednesday, October 21st. Needham & Company LLC boosted their target price on shares of Solaris Energy Infrastructure from $98.00 to $104.00 and gave the company a "buy" rating in a research note on Tuesday, September 15th. Piper Sandler upped their target price on shares of Solaris Energy Infrastructure from $80.00 to $82.00 and gave the stock an "overweight" rating in a report on Thursday, August 27th. Finally, Northland Securities set a $111.00 target price on shares of Solaris Energy Infrastructure in a research report on Wednesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Solaris Energy Infrastructure presently has a consensus rating of "Buy" and a consensus target price of $94.08.

Insider Buying and Selling at Solaris Energy Infrastructure

In related news, Director A. Teague bought 3,900 shares of the company's stock in a transaction on Tuesday, September 8th. The stock was bought at an average cost of $64.21 per share, with a total value of $250,419.00. Following the completion of the purchase, the director owned 116,865 shares in the company, valued at approximately $7,503,901.65. The trade was a 3.45% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 20.23% of the company's stock.

Solaris Energy Infrastructure Company Profile

Solaris Energy Infrastructure, Inc provides infrastructure solutions for energy-intensive industries in North America. The company develops, deploys and operates power-generation and power-management systems designed to deliver reliable electricity to customers with substantial or specialized energy needs, including data centers and other high-demand facilities.

Solaris also provides logistics infrastructure and related services for the oil and natural gas industry. Its offerings have included mobile and fixed proppant-management systems, silo storage, transloading and last-mile delivery solutions used to transport and manage sand and other materials at wellsites.

Founded in 2014 as Solaris Oilfield Infrastructure, the company historically focused on improving the efficiency of oilfield logistics before expanding into broader energy infrastructure and power solutions.

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