Two Seas Capital LP Makes New $56.01 Million Investment in Solaris Energy Infrastructure, Inc. $SEI

Key Points

• Two Seas Capital LP acquired 786,838 shares of Solaris Energy Infrastructure in the third quarter, valued at approximately $56.0 million and representing a 1.03% stake. Institutional investors collectively own 67.44% of the company.
• Solaris reported quarterly EPS of $0.39, exceeding analyst estimates of $0.31, on revenue of $219.4 million. A company director also purchased 3,900 shares worth approximately $250,419.
• Analyst sentiment remains favorable, with 10 Buy ratings and two Holds producing a “Moderate Buy” consensus and an average price target of $94.17; shares recently traded at $79.86.

Two Seas Capital LP acquired a new stake in Solaris Energy Infrastructure, Inc. (NYSE:SEI - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 786,838 shares of the company's stock, valued at approximately $56,007,000. Solaris Energy Infrastructure makes up 0.6% of Two Seas Capital LP's portfolio, making the stock its 17th biggest position. Two Seas Capital LP owned about 1.03% of Solaris Energy Infrastructure at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. C M Bidwell & Associates Ltd. acquired a new position in Solaris Energy Infrastructure in the 2nd quarter valued at about $84,000. Rockefeller Capital Management L.P. increased its position in shares of Solaris Energy Infrastructure by 507.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,652 shares of the company's stock worth $76,000 after acquiring an additional 1,380 shares in the last quarter. Nykredit A S purchased a new stake in shares of Solaris Energy Infrastructure during the 2nd quarter valued at about $164,000. Caitong International Asset Management Co. Ltd increased its stake in Solaris Energy Infrastructure by 179.1% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,194 shares of the company's stock worth $101,000 after buying an additional 1,408 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Solaris Energy Infrastructure in the 2nd quarter valued at approximately $219,000. Institutional investors and hedge funds own 67.44% of the company's stock.

Insider Activity

In related news, Director A. Teague purchased 3,900 shares of the business's stock in a transaction that occurred 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 acquisition, the director owned 116,865 shares in the company, valued at approximately $7,503,901.65. This trade represents a 3.45% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 20.23% of the company's stock.

Solaris Energy Infrastructure Stock Performance

Shares of NYSE:SEI traded up $5.11 during trading on Tuesday, reaching $79.86. 3,086,594 shares of the company's stock traded hands, compared to its average volume of 2,756,048. The stock has a market capitalization of $6.11 billion, a P/E ratio of 93.95 and a beta of 1.28. Solaris Energy Infrastructure, Inc. has a 12 month low of $38.50 and a 12 month high of $86.19. The company has a 50 day moving average of $60.30 and a 200-day moving average of $65.76. The company has a debt-to-equity ratio of 2.23, a current ratio of 4.12 and a quick ratio of 4.03.

Solaris Energy Infrastructure (NYSE:SEI - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.08. The firm had revenue of $219.40 million for the quarter. Solaris Energy Infrastructure had a net margin of 7.19% and a return on equity of 13.26%. On average, equities analysts expect that Solaris Energy Infrastructure, Inc. will post 1.24 EPS for the current year.

Analyst Upgrades and Downgrades

SEI has been the topic of a number of recent analyst reports. Raymond James Financial upped their target price on shares of Solaris Energy Infrastructure from $82.00 to $96.00 and gave the company an "outperform" rating in a research note on Wednesday, September 9th. Citigroup increased their target price on Solaris Energy Infrastructure from $84.00 to $100.00 and gave the stock a "buy" rating in a report on Thursday, September 24th. Wall Street Zen upgraded Solaris Energy Infrastructure from a "strong sell" rating to a "sell" rating in a research report on Saturday. Barclays lifted their target price on Solaris Energy Infrastructure from $90.00 to $116.00 and gave the stock an "overweight" rating in a research report on Monday, September 28th. Finally, Needham & Company LLC upped their price target on Solaris Energy Infrastructure from $98.00 to $104.00 and gave the company a "buy" rating in a research report on Tuesday, September 15th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $94.17.

Solaris Energy Infrastructure Company Profile

Solaris Energy Infrastructure, Inc NYSE: SEI is an energy infrastructure company that develops, owns and operates mobile and distributed power-generation and energy-management systems. The company provides customers with reliable electricity and related infrastructure designed for applications that require flexible, scalable power capacity.

Solaris' offerings have historically included natural gas-powered mobile generators, battery energy-storage systems, power distribution equipment and associated services.

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