Solaris Energy Infrastructure, Inc. $SEI Shares Purchased by Fulcrum Asset Management LLP

Key Points

• Fulcrum Asset Management increased its Solaris stake by 642.3% in the third quarter, buying 50,420 additional shares to hold 58,270 shares worth about $3.98 million. Other institutional investors also made significant additions; institutions collectively own 67.44% of the stock.
• Solaris reported third-quarter EPS of $0.45, exceeding the $0.22 analyst consensus, and revenue of $341.09 million.
• Analyst sentiment is broadly positive: the stock has a consensus “Buy” rating and an average price target of $98.69. Solaris also announced a quarterly dividend of $0.12 per share, an annualized yield of about 0.8%.

Fulcrum Asset Management LLP lifted its stake in Solaris Energy Infrastructure, Inc. (NYSE:SEI - Free Report) by 642.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,270 shares of the company's stock after purchasing an additional 50,420 shares during the period. Fulcrum Asset Management LLP owned about 0.08% of Solaris Energy Infrastructure worth $3,982,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in SEI. Situational Awareness LP grew its stake in Solaris Energy Infrastructure by 2.2% in the 2nd quarter. Situational Awareness LP now owns 1,129,621 shares of the company's stock worth $90,889,000 after acquiring an additional 24,070 shares in the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT raised its stake in shares of Solaris Energy Infrastructure by 146.2% during the third quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 1,029,000 shares of the company's stock valued at $73,244,000 after acquiring an additional 611,000 shares in the last quarter. Jennison Associates LLC raised its stake in shares of Solaris Energy Infrastructure by 215.1% during the first quarter. Jennison Associates LLC now owns 1,179,736 shares of the company's stock valued at $66,667,000 after acquiring an additional 805,319 shares in the last quarter. Two Seas Capital LP bought a new stake in shares of Solaris Energy Infrastructure during the third quarter valued at approximately $56,007,000. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Solaris Energy Infrastructure by 19.6% in the first quarter. Dimensional Fund Advisors LP now owns 871,462 shares of the company's stock valued at $49,239,000 after purchasing an additional 142,973 shares during the period. Hedge funds and other institutional investors own 67.44% of the company's stock.

Solaris Energy Infrastructure Trading Up 8.3%

NYSE:SEI opened at $62.59 on Tuesday. Solaris Energy Infrastructure, Inc. has a one year low of $38.50 and a one year high of $86.19. The company has a debt-to-equity ratio of 2.23, a quick ratio of 4.03 and a current ratio of 4.12. The firm has a market cap of $4.79 billion, a P/E ratio of 35.36 and a beta of 1.40. The firm has a 50-day simple moving average of $65.95 and a 200-day simple moving average of $63.39.

Solaris Energy Infrastructure (NYSE:SEI - Get Free Report) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.23. Solaris Energy Infrastructure had a net margin of 7.99% and a return on equity of 14.56%. The firm had revenue of $341.09 million for the quarter. Equities analysts anticipate that Solaris Energy Infrastructure, Inc. will post 1.37 EPS for the current fiscal year.

Solaris Energy Infrastructure Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Tuesday, December 8th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, December 8th. Solaris Energy Infrastructure's dividend payout ratio (DPR) is 50.00%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SEI. Needham & Company LLC reissued a "buy" rating and issued a $104.00 price objective on shares of Solaris Energy Infrastructure in a research note on Friday, October 30th. Weiss Ratings downgraded Solaris Energy Infrastructure from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Citigroup lifted their target price on Solaris Energy Infrastructure from $100.00 to $104.00 and gave the company a "buy" rating in a research report on Monday. Wall Street Zen upgraded Solaris Energy Infrastructure from a "sell" rating to a "hold" rating in a report on Saturday. Finally, Northland Securities set a $111.00 target price on Solaris Energy Infrastructure in a report on Wednesday, September 16th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Solaris Energy Infrastructure currently has an average rating of "Buy" and a consensus target price of $98.69.

Insider Transactions 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 shares were acquired at an average price of $64.21 per share, with a total value of $250,419.00. Following the transaction, the director owned 116,865 shares of the company's stock, valued at $7,503,901.65. The trade was a 3.45% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 20.23% of the company's stock.

Trending Headlines about Solaris Energy Infrastructure

Here are the key news stories impacting Solaris Energy Infrastructure this week:

• Positive Sentiment: Citigroup raised its price target to $104 from $100 and reiterated a “buy” rating, signaling increased confidence in SEI’s prospects. Citigroup raises price target
• Positive Sentiment: Piper Sandler lifted its target to $85 from $82 and assigned an “overweight” rating, adding to the positive analyst outlook. Piper Sandler raises price target
• Positive Sentiment: SEI reported third-quarter EPS of $0.45, above the $0.22 consensus estimate, with revenue of $341.09 million. The earnings beat may bolster confidence in operating performance. Q3 earnings metrics
• Positive Sentiment: Solaris was among several energy-related companies whose shares rallied, suggesting broader sector strength may also have helped sentiment. The article does not specify the rally’s underlying catalyst. Energy shares rally
• Neutral Sentiment: Barclays was reported to expect SEI’s stock to rise, but the available headline does not provide its target or rationale. Barclays outlook
• Negative Sentiment: Wells Fargo cut its price target, a less favorable signal that tempers the recent bullish analyst revisions; the report provided here does not state the new target. Wells Fargo cuts target

Solaris Energy Infrastructure Company Profile

Solaris Energy Infrastructure, Inc provides equipment and services for energy production and power generation. Its offerings include natural gas-fueled power systems and related equipment, as well as mobile systems used to store, transport and deliver proppant at oil and gas wells.

The company was established as Solaris Oilfield Infrastructure and later adopted its current name as its business expanded beyond oilfield logistics. Its oilfield services primarily support operators in U.S.

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