Asset Management One Co. Ltd. Invests $2.11 Million in Solaris Energy Infrastructure, Inc. $SEI

Key Points

• Asset Management One opened a new Q4 position in Solaris Energy Infrastructure (NYSE:SEI) of 47,282 shares worth about $2.11 million, representing roughly 0.07% of the company.
• Other institutions reshaped stakes: VanEck boosted its holding by 623.5% to 1,295,898 shares, while Advent, Ceredex, Goodlander and Honeycomb initiated multi‑million‑dollar positions, leaving 67.44% of the stock owned by hedge funds and institutional investors.
• Shares rose ~5.2% to $69.62 after Solaris reported a quarterly EPS beat ($0.35 vs. $0.24) on $179.7M revenue; the fund has a market cap of ~$4.77B, a high P/E (~98), and analysts rate it a Moderate Buy with an average target of $60 (Piper Sandler raised its target to $72).

Asset Management One Co. Ltd. acquired a new position in Solaris Energy Infrastructure, Inc. (NYSE:SEI - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 47,282 shares of the company's stock, valued at approximately $2,108,000. Asset Management One Co. Ltd. owned about 0.07% of Solaris Energy Infrastructure as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of SEI. Van ECK Associates Corp raised its stake in shares of Solaris Energy Infrastructure by 623.5% in the third quarter. Van ECK Associates Corp now owns 1,295,898 shares of the company's stock worth $51,797,000 after purchasing an additional 1,116,794 shares during the last quarter. Advent International L.P. purchased a new position in shares of Solaris Energy Infrastructure in the third quarter worth about $40,246,000. Ceredex Value Advisors LLC purchased a new position in shares of Solaris Energy Infrastructure in the third quarter worth about $35,050,000. Goodlander Investment Management LLC purchased a new position in shares of Solaris Energy Infrastructure in the second quarter worth about $19,803,000. Finally, Honeycomb Asset Management LP purchased a new position in shares of Solaris Energy Infrastructure in the second quarter worth about $19,011,000. 67.44% of the stock is currently owned by hedge funds and other institutional investors.

Solaris Energy Infrastructure Stock Up 5.2%

Solaris Energy Infrastructure stock opened at $69.62 on Friday. The firm has a market cap of $4.77 billion, a price-to-earnings ratio of 98.06 and a beta of 1.05. Solaris Energy Infrastructure, Inc. has a 52 week low of $18.84 and a 52 week high of $71.68. The business's 50-day moving average price is $57.32 and its 200 day moving average price is $52.56. The company has a quick ratio of 2.87, a current ratio of 2.96 and a debt-to-equity ratio of 1.37.

Solaris Energy Infrastructure (NYSE:SEI - Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.24 by $0.11. Solaris Energy Infrastructure had a return on equity of 11.83% and a net margin of 4.81%.The company had revenue of $179.70 million for the quarter. As a group, sell-side analysts anticipate that Solaris Energy Infrastructure, Inc. will post 1.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on SEI shares. Piper Sandler raised their target price on Solaris Energy Infrastructure from $65.00 to $72.00 and gave the stock an "overweight" rating in a report on Wednesday, April 15th. UBS Group set a $65.00 target price on Solaris Energy Infrastructure in a report on Tuesday, January 27th. Zacks Research raised Solaris Energy Infrastructure from a "strong sell" rating to a "hold" rating in a report on Thursday, March 12th. Northland Securities set a $70.00 target price on Solaris Energy Infrastructure in a report on Monday, January 5th. Finally, Wells Fargo & Company started coverage on Solaris Energy Infrastructure in a report on Friday, March 20th. They set an "equal weight" rating and a $71.00 target price on the stock. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $60.00.

Solaris Energy Infrastructure Profile

Solaris Energy Infrastructure Fund Inc NYSE: SEI is a closed-end management investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund pursues its objective by investing primarily in equity securities of energy infrastructure companies, including master limited partnerships (MLPs) and other midstream entities. SEI is externally managed by Solaris Asset Management LP, a firm specializing in energy infrastructure investments.

The fund’s portfolio targets businesses involved in the gathering, processing, transportation, storage and terminalling of oil, natural gas and refined products.

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