Norris Perne & French LLP MI Buys 8,479 Shares of Cheniere Energy, Inc. $LNG

Key Points

• Norris Perne & French LLP MI acquired 8,479 Cheniere Energy shares worth approximately $2.28 million during the third quarter. Institutional investors collectively own 87.26% of the company.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus rating and an average price target of $310.65, although some analysts cite valuation and expansion-related risks.
• Cheniere reported $5.73 billion in quarterly revenue, up 23.5% year over year, but earnings of $3.02 per share fell short of estimates. The company also pays a quarterly dividend of $0.555 per share, representing a 0.7% yield.

Norris Perne & French LLP MI bought a new position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 8,479 shares of the energy company's stock, valued at approximately $2,281,000.

A number of other large investors also recently added to or reduced their stakes in LNG. Bank of New York Mellon Corp bought a new position in shares of Cheniere Energy during the second quarter valued at about $502,015,000. Wellington Management Group LLP increased its holdings in shares of Cheniere Energy by 210.1% in the second quarter. Wellington Management Group LLP now owns 2,444,403 shares of the energy company's stock worth $584,237,000 after buying an additional 1,656,194 shares during the period. OMERS ADMINISTRATION Corp lifted its stake in shares of Cheniere Energy by 6,513.7% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 564,742 shares of the energy company's stock valued at $160,251,000 after acquiring an additional 556,203 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Cheniere Energy by 50.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 867,496 shares of the energy company's stock valued at $246,161,000 after acquiring an additional 289,963 shares during the last quarter. Finally, Alyeska Investment Group L.P. lifted its stake in shares of Cheniere Energy by 61.1% in the 2nd quarter. Alyeska Investment Group L.P. now owns 632,971 shares of the energy company's stock valued at $151,286,000 after acquiring an additional 239,956 shares during the last quarter. Hedge funds and other institutional investors own 87.26% of the company's stock.

Trending Headlines about Cheniere Energy

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

• Positive Sentiment: Large QatarEnergy contract strengthens long-term visibility: Cheniere agreed to supply QatarEnergy with 4 million metric tons of LNG annually through 2054—2 million tons each from its Sabine Pass and Corpus Christi facilities. The decades-long, take-or-pay-style demand commitment could support stable cash flows and reduce marketing risk. Cheniere Energy Boosts LNG Contract Backlog With QatarEnergy Deal
• Positive Sentiment: Potential support for Sabine Pass expansion: The agreement helps underpin Cheniere’s planned capacity expansion, potentially improving utilization and creating additional long-term earnings and cash-flow opportunities. QatarEnergy is seeking U.S. LNG as geopolitical disruptions affect Middle Eastern supply routes. Cheniere signs LNG supply deals with QatarEnergy through 2054
• Positive Sentiment: One analyst raised its valuation: JPMorgan increased its price target from $334 to $344 and maintained an “overweight” rating, indicating confidence in Cheniere’s contracted growth outlook.
• Positive Sentiment: Related partnership continues returning cash: Cheniere Energy Partners, L.P. declared a quarterly cash distribution of $0.890 per common unit, highlighting ongoing cash generation from the associated LNG infrastructure. This distribution is made by the partnership rather than directly by Cheniere Energy.
• Neutral Sentiment: Earnings expectations are favorable but unconfirmed: Analysts expect Cheniere to potentially exceed estimates in its upcoming report, though this is based on consensus indicators rather than reported results.
• Negative Sentiment: Valuation and analyst views are mixed: Bernstein reaffirmed an “outperform” rating but set a $283 price target, below the current trading level. Investors may also weigh execution, financing, and construction risks associated with expansion projects.

Wall Street Analysts Forecast Growth

LNG has been the subject of several analyst reports. Weiss Ratings upgraded Cheniere Energy from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. Scotiabank set a $311.00 price target on Cheniere Energy in a research note on Thursday, October 15th. Argus set a $330.00 price objective on Cheniere Energy in a research report on Tuesday, August 18th. Jefferies Financial Group reiterated a "buy" rating and issued a $336.00 price objective on shares of Cheniere Energy in a research report on Saturday, October 10th. Finally, TD Cowen reissued a "buy" rating on shares of Cheniere Energy in a research note on Friday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Cheniere Energy currently has an average rating of "Moderate Buy" and a consensus price target of $310.65.

Cheniere Energy Stock Up 4.1%

NYSE LNG opened at $298.80 on Friday. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.87 and a quick ratio of 0.72. The stock has a market capitalization of $61.71 billion, a PE ratio of 22.25, a PEG ratio of 1.19 and a beta of 0.06. Cheniere Energy, Inc. has a 1 year low of $186.20 and a 1 year high of $300.89. The business's 50-day moving average is $278.86 and its 200 day moving average is $261.05.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The energy company reported $3.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.11 by ($0.09). Cheniere Energy had a net margin of 13.57% and a return on equity of 29.80%. The business had revenue of $5.73 billion for the quarter, compared to analysts' expectations of $4.92 billion. During the same quarter in the prior year, the firm earned $7.30 EPS. The firm's revenue for the quarter was up 23.5% on a year-over-year basis. Sell-side analysts forecast that Cheniere Energy, Inc. will post 16.75 earnings per share for the current year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 18th. Stockholders of record on Monday, August 10th were paid a dividend of $0.5550 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $2.22 annualized dividend and a dividend yield of 0.7%. Cheniere Energy's payout ratio is 16.53%.

Cheniere Energy Company Profile

Cheniere Energy, Inc is an energy infrastructure company engaged primarily in the production and export of liquefied natural gas (LNG). The company purchases natural gas, processes it through liquefaction facilities, and delivers LNG to customers in international energy markets. Its operations also include natural gas procurement, transportation, storage, and LNG marketing.

Cheniere operates the Sabine Pass LNG facility in Cameron Parish, Louisiana, and the Corpus Christi LNG facility near Corpus Christi, Texas.

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