Assenagon Asset Management S.A. Sells 1,104,987 Shares of Peabody Energy Corporation $BTU

Key Points

• Assenagon Asset Management cut its Peabody Energy stake by 91.2% in the second quarter, selling 1.10 million shares and retaining 106,424 shares worth approximately $2.46 million.
• Peabody reported a quarterly loss of $0.74 per share, missing estimates by $0.36, while revenue rose 12.7% year over year to roughly $1 billion. The company declared a quarterly dividend of $0.075 per share, a 1.2% annualized yield.
• Shares traded near $24.04 amid mixed analyst views, with a consensus “Hold” rating and average price target of $33.88. The company also faces securities litigation allegations related to equipment problems at its Centurion Mine, though the claims remain unproven.

Assenagon Asset Management S.A. decreased its stake in Peabody Energy Corporation (NYSE:BTU - Free Report) by 91.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,424 shares of the coal producer's stock after selling 1,104,987 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.09% of Peabody Energy worth $2,461,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Valued Wealth Advisors LLC bought a new stake in Peabody Energy during the 1st quarter worth approximately $25,000. Smartleaf Asset Management LLC increased its stake in Peabody Energy by 104.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,006 shares of the coal producer's stock worth $25,000 after buying an additional 1,024 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Peabody Energy in the 4th quarter worth $37,000. Meeder Asset Management Inc. raised its holdings in Peabody Energy by 1,513.7% during the first quarter. Meeder Asset Management Inc. now owns 1,178 shares of the coal producer's stock valued at $39,000 after acquiring an additional 1,105 shares during the period. Finally, Main Street Group LTD bought a new stake in Peabody Energy during the first quarter valued at about $50,000. Institutional investors own 87.44% of the company's stock.

Peabody Energy Trading Down 2.5%

Shares of Peabody Energy stock opened at $24.04 on Friday. Peabody Energy Corporation has a twelve month low of $15.67 and a twelve month high of $41.14. The company has a quick ratio of 1.46, a current ratio of 2.01 and a debt-to-equity ratio of 0.10. The business has a 50-day moving average price of $23.85 and a 200-day moving average price of $28.59. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of -16.03 and a beta of 0.34.

Peabody Energy (NYSE:BTU - Get Free Report) last posted its earnings results on Wednesday, July 29th. The coal producer reported ($0.74) EPS for the quarter, missing analysts' consensus estimates of ($0.38) by ($0.36). Peabody Energy had a negative return on equity of 5.22% and a negative net margin of 4.56%.The firm had revenue of $1 billion during the quarter, compared to analysts' expectations of $1.02 billion. During the same quarter in the prior year, the firm posted ($0.23) earnings per share. Peabody Energy's quarterly revenue was up 12.7% on a year-over-year basis. Equities research analysts anticipate that Peabody Energy Corporation will post 0.33 EPS for the current fiscal year.

Peabody Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Wednesday, August 12th will be issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, August 12th. Peabody Energy's dividend payout ratio is -20.00%.

Key Headlines Impacting Peabody Energy

Here are the key news stories impacting Peabody Energy this week:

• Neutral Sentiment: Several firms, including Rosen, Faruqi & Faruqi, and Bronstein Gewirtz & Grossman, reminded shareholders that the August 24, 2026 deadline is approaching to seek appointment as lead plaintiff. These announcements are largely procedural and do not establish that Peabody violated securities laws. Rosen class action deadline notice
• Negative Sentiment: The lawsuit alleges that Peabody and certain executives misrepresented or failed to disclose problems with equipment at the Centurion Mine, including claims that the company knew the equipment was failing months before informing shareholders. One notice alleges the subsequent disclosure contributed to an approximately 10% stock decline and caused investor losses of as much as $14.50 per share. SueWallSt Peabody class action notice
• Negative Sentiment: The litigation creates potential legal costs, management distraction, and reputational risk for Peabody Energy. The repeated law-firm alerts are likely weighing on sentiment, although the allegations remain unproven and the financial impact of any eventual settlement or judgment is uncertain. DJS Law Group lawsuit notice

Analysts Set New Price Targets

A number of research firms have recently weighed in on BTU. Zacks Research lowered Peabody Energy from a "hold" rating to a "strong sell" rating in a research note on Friday, July 31st. UBS Group decreased their target price on Peabody Energy from $27.00 to $26.50 and set a "neutral" rating on the stock in a research note on Tuesday, August 4th. Benchmark lowered their price target on Peabody Energy from $40.00 to $36.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. B. Riley Financial dropped their price target on Peabody Energy from $30.00 to $29.00 and set a "neutral" rating for the company in a research note on Thursday, July 30th. Finally, Weiss Ratings lowered shares of Peabody Energy from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday, June 23rd. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Peabody Energy currently has a consensus rating of "Hold" and an average target price of $33.88.

Peabody Energy Profile

Peabody Energy Corporation is one of the world's largest private-sector coal companies, engaged primarily in the production and sale of metallurgical and thermal coal. The company's operations span surface and underground mines, serving utilities, steel mills and other industrial customers that rely on coal as an essential component in power generation and steelmaking. Peabody's product portfolio includes high-energy thermal coal for electricity generation and low-volatile metallurgical coal used in steel production, reflecting its diverse end-market reach.

Founded in 1883, Peabody Energy has grown from a regional mining concern into a global energy supplier.

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