Southwestern Energy (NYSE:SWN) Stock Holdings Lifted by Vanguard Personalized Indexing Management LLC

Posted by on Sep 2nd, 2023

Vanguard Personalized Indexing Management LLC increased its holdings in shares of Southwestern Energy (NYSE:SWN – Free Report) by 20.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,146 shares of the energy company’s stock after acquiring an additional 7,814 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Southwestern Energy were worth $226,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Raymond James & Associates boosted its position in Southwestern Energy by 14.9% during the 1st quarter. Raymond James & Associates now owns 156,725 shares of the energy company’s stock valued at $1,124,000 after purchasing an additional 20,272 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in Southwestern Energy by 133.9% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 139,901 shares of the energy company’s stock valued at $1,003,000 after purchasing an additional 80,088 shares during the period. American Century Companies Inc. boosted its stake in Southwestern Energy by 47.5% during the 1st quarter. American Century Companies Inc. now owns 236,458 shares of the energy company’s stock valued at $1,695,000 after purchasing an additional 76,127 shares during the period. HighTower Advisors LLC increased its stake in shares of Southwestern Energy by 184.8% in the first quarter. HighTower Advisors LLC now owns 78,456 shares of the energy company’s stock valued at $565,000 after purchasing an additional 50,904 shares during the period. Finally, Cetera Advisor Networks LLC raised its holdings in shares of Southwestern Energy by 9.5% during the first quarter. Cetera Advisor Networks LLC now owns 46,886 shares of the energy company’s stock valued at $336,000 after buying an additional 4,051 shares during the last quarter. Institutional investors own 88.00% of the company’s stock.

Southwestern Energy Stock Performance

Shares of SWN opened at $6.78 on Friday. The company has a 50-day moving average of $6.29 and a two-hundred day moving average of $5.51. The stock has a market cap of $7.46 billion, a price-to-earnings ratio of 1.36 and a beta of 1.38. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.59 and a quick ratio of 0.59. Southwestern Energy has a one year low of $4.57 and a one year high of $8.27.

Southwestern Energy (NYSE:SWN – Get Free Report) last issued its quarterly earnings results on Friday, August 4th. The energy company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.07 by $0.02. Southwestern Energy had a net margin of 48.82% and a return on equity of 23.55%. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the firm earned $0.33 EPS. The firm’s quarterly revenue was down 69.3% on a year-over-year basis. On average, equities research analysts expect that Southwestern Energy will post 0.64 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on SWN shares. StockNews.com started coverage on Southwestern Energy in a research report on Thursday, August 17th. They issued a “hold” rating on the stock. Morgan Stanley reaffirmed an “equal weight” rating and issued a $5.00 price objective on shares of Southwestern Energy in a report on Wednesday, July 19th. Stifel Nicolaus raised their target price on shares of Southwestern Energy from $7.50 to $8.00 and gave the company a “buy” rating in a research note on Friday, August 11th. Mizuho reduced their price target on shares of Southwestern Energy from $9.00 to $8.00 and set a “neutral” rating for the company in a research note on Wednesday, August 16th. Finally, UBS Group raised their price objective on shares of Southwestern Energy from $6.00 to $7.00 and gave the company a “neutral” rating in a research note on Thursday, August 17th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $7.29.

Get Our Latest Research Report on SWN

Southwestern Energy Company Profile

(Free Report)

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) in the United States. It operates through two segments, Exploration and Production, and Marketing. The company focuses on the development of unconventional natural gas and oil reservoirs located in Pennsylvania, West Virginia, Ohio, and Louisiana.

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Institutional Ownership by Quarter for Southwestern Energy (NYSE:SWN)

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