Scorpio Tankers Inc. $STNG Position Trimmed by Moody Aldrich Partners LLC

Key Points

• Moody Aldrich Partners cut its Scorpio Tankers stake by 29% in the third quarter, selling 20,782 shares and retaining 50,979 shares worth approximately $4.27 million. Institutional investors collectively own 54.64% of the company.
• Scorpio Tankers reported stronger-than-expected third-quarter results, with adjusted EPS of $2.49 and revenue of $266.5 million, up 10.4% year over year. The company also raised its quarterly dividend from $0.45 to $0.75 per share.
• While BTIG reaffirmed a “buy” rating with a $110 price target, the broader analyst consensus remains “hold” with a $92.57 target. Company insiders sold 420,133 shares worth $36.6 million over the past 90 days.

Moody Aldrich Partners LLC decreased its position in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 29.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,979 shares of the shipping company's stock after selling 20,782 shares during the period. Moody Aldrich Partners LLC owned approximately 0.10% of Scorpio Tankers worth $4,267,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in shares of Scorpio Tankers by 4.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,128,150 shares of the shipping company's stock worth $233,544,000 after purchasing an additional 122,874 shares during the period. Bank of America Corp DE grew its holdings in Scorpio Tankers by 9.3% during the 1st quarter. Bank of America Corp DE now owns 244,364 shares of the shipping company's stock valued at $18,244,000 after purchasing an additional 20,878 shares during the last quarter. Empowered Funds LLC raised its position in Scorpio Tankers by 20.9% in the 1st quarter. Empowered Funds LLC now owns 240,545 shares of the shipping company's stock worth $17,959,000 after purchasing an additional 41,516 shares during the period. Bank of New York Mellon Corp raised its position in Scorpio Tankers by 9.8% in the 1st quarter. Bank of New York Mellon Corp now owns 132,975 shares of the shipping company's stock worth $9,928,000 after purchasing an additional 11,829 shares during the period. Finally, Sei Investments Co. raised its position in Scorpio Tankers by 47.5% in the 1st quarter. Sei Investments Co. now owns 118,751 shares of the shipping company's stock worth $8,865,000 after purchasing an additional 38,216 shares during the period. Hedge funds and other institutional investors own 54.64% of the company's stock.

Trending Headlines about Scorpio Tankers

Here are the key news stories impacting Scorpio Tankers this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations: Scorpio Tankers reported adjusted earnings of $2.49 per share, well above the $2.06 consensus estimate and the $1.49 reported a year earlier. Revenue rose 10.4% year over year to $266.5 million, exceeding estimates of approximately $244 million. Scorpio Tankers' Q3 Adjusted Earnings, Revenue Rise; Dividend Increased - Shares Up Pre-Bell
• Positive Sentiment: Dividend increased: The board declared a quarterly cash dividend of $0.75 per share, supporting the stock’s income appeal and signaling confidence in cash generation. Scorpio Tankers Announces Q3 2026 Results and Dividend Increase
• Positive Sentiment: Analyst remains bullish: BTIG Research reaffirmed its “buy” rating and set a $110 price target, implying meaningful upside from the current trading level. BTIG Research Stock Recommendations
• Neutral Sentiment: The earnings call and related presentations provide additional detail on operating performance and management’s outlook, but no separate material change to the investment thesis was identified in the supplied reports. Scorpio Tankers Q3 2026 Earnings Call Transcript

Insider Buying and Selling at Scorpio Tankers

In other Scorpio Tankers news, President Robert L. Bugbee sold 231,799 shares of the stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $86.19, for a total transaction of $19,978,755.81. Following the transaction, the president directly owned 665,288 shares in the company, valued at $57,341,172.72. This represents a 25.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Cameron Mackey sold 125,000 shares of the firm's stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $89.03, for a total transaction of $11,128,750.00. Following the transaction, the chief operating officer directly owned 739,531 shares in the company, valued at $65,840,444.93. This trade represents a 14.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 420,133 shares of company stock valued at $36,611,311 in the last ninety days. 7.34% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have issued reports on the stock. BTIG Research reissued a "buy" rating and issued a $110.00 price objective on shares of Scorpio Tankers in a research note on Wednesday. Zacks Research cut Scorpio Tankers from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 30th. Wall Street Zen downgraded Scorpio Tankers from a "strong-buy" rating to a "buy" rating in a report on Tuesday, July 14th. Jefferies Financial Group reiterated a "buy" rating and issued a $100.00 price target on shares of Scorpio Tankers in a report on Tuesday, August 4th. Finally, Evercore reissued an "outperform" rating and set a $97.00 price target on shares of Scorpio Tankers in a research note on Tuesday. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $92.57.

Scorpio Tankers Trading Up 4.0%

STNG opened at $88.71 on Thursday. The company has a quick ratio of 6.89, a current ratio of 6.93 and a debt-to-equity ratio of 0.14. The stock's fifty day moving average is $83.09 and its two-hundred day moving average is $76.41. The company has a market capitalization of $4.47 billion, a P/E ratio of 5.54 and a beta of -0.17. Scorpio Tankers Inc. has a 52 week low of $48.93 and a 52 week high of $92.75.

Scorpio Tankers (NYSE:STNG - Get Free Report) last issued its earnings results on Wednesday, October 28th. The shipping company reported $2.49 earnings per share for the quarter, topping the consensus estimate of $2.06 by $0.43. The business had revenue of $266.47 million during the quarter, compared to analysts' expectations of $243.98 million. Scorpio Tankers had a return on equity of 16.43% and a net margin of 67.16%. The business's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.49 EPS. Analysts forecast that Scorpio Tankers Inc. will post 11.28 earnings per share for the current year.

Scorpio Tankers Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be issued a $0.75 dividend. The ex-dividend date is Friday, November 13th. This is an increase from Scorpio Tankers's previous quarterly dividend of $0.45. This represents a $3.00 annualized dividend and a dividend yield of 3.4%. Scorpio Tankers's dividend payout ratio is presently 11.24%.

About Scorpio Tankers

Scorpio Tankers Inc is a marine transportation company that owns, operates and manages a fleet of product tankers. The company primarily transports refined petroleum products, including gasoline, diesel, jet fuel and heating oil, as well as petrochemical feedstocks and other liquid products.

Its fleet has historically included medium-range, handymax and long-range product tankers, allowing Scorpio Tankers to serve both regional and long-haul trade routes. The company's vessels transport cargoes between major refining, storage and consumption centers across international markets, supporting energy companies, commodity traders and other commercial customers.

Scorpio Tankers was established in 2009 and is incorporated in the Marshall Islands, with corporate operations based in Monaco.

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