Great Lakes Advisors LLC Has $6.60 Million Stake in CNX Resources Corporation. $CNX

Great Lakes Advisors LLC lowered its position in shares of CNX Resources Corporation. (NYSE:CNX) by 45.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 205,365 shares of the oil and gas producer’s stock after selling 170,734 shares during the period. Great Lakes Advisors LLC’s holdings in CNX Resources were worth $6,596,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Mackenzie Financial Corp grew its holdings in shares of CNX Resources by 5,262.2% during the second quarter. Mackenzie Financial Corp now owns 555,473 shares of the oil and gas producer’s stock worth $18,708,000 after purchasing an additional 545,114 shares during the last quarter. AQR Capital Management LLC raised its holdings in CNX Resources by 112.2% in the 2nd quarter. AQR Capital Management LLC now owns 1,007,486 shares of the oil and gas producer’s stock valued at $33,932,000 after buying an additional 532,770 shares during the last quarter. HRT Financial LP boosted its position in CNX Resources by 212.9% during the 2nd quarter. HRT Financial LP now owns 306,803 shares of the oil and gas producer’s stock worth $10,333,000 after buying an additional 208,758 shares during the period. Adage Capital Partners GP L.L.C. grew its holdings in CNX Resources by 16.7% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,400,000 shares of the oil and gas producer’s stock worth $47,152,000 after acquiring an additional 200,000 shares during the last quarter. Finally, Schroder Investment Management Group increased its position in CNX Resources by 119.7% in the 2nd quarter. Schroder Investment Management Group now owns 347,645 shares of the oil and gas producer’s stock valued at $11,709,000 after acquiring an additional 189,428 shares during the period. 95.16% of the stock is currently owned by institutional investors.

CNX Resources Stock Performance

CNX stock opened at $37.55 on Friday. The firm has a market cap of $5.06 billion, a PE ratio of 26.26, a price-to-earnings-growth ratio of 0.38 and a beta of 0.63. The company has a current ratio of 0.34, a quick ratio of 0.31 and a debt-to-equity ratio of 0.55. The stock has a 50-day moving average price of $37.55 and a 200-day moving average price of $33.75. CNX Resources Corporation. has a 1-year low of $27.00 and a 1-year high of $42.13.

CNX Resources (NYSE:CNX) last released its earnings results on Thursday, January 29th. The oil and gas producer reported $1.28 EPS for the quarter, topping the consensus estimate of $0.34 by $0.94. The business had revenue of $610.48 million during the quarter, compared to analysts’ expectations of $422.65 million. CNX Resources had a return on equity of 9.10% and a net margin of 16.56%.The firm’s revenue was up 347.0% on a year-over-year basis. During the same quarter last year, the firm posted ($0.97) earnings per share. As a group, equities research analysts expect that CNX Resources Corporation. will post 2.18 earnings per share for the current year.

More CNX Resources News

Here are the key news stories impacting CNX Resources this week:

• Positive Sentiment: CNX reported a substantial Q4 beat: materially higher revenue and a return to positive EPS after a prior-year loss, improving margins and ROE that support near-term cash generation. CNX Reports Fourth Quarter Results
• Positive Sentiment: Independent data outlets also flagged the beat versus consensus (Zacks and MarketBeat summaries), which validates the upside vs. analyst estimates and underpins forward earnings revisions. CNX Q4 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: Management commentary and the full earnings-call transcript are now available; investors should review the call slides and transcript for details on production, capex, cash-return priorities (buybacks/dividend/ debt paydown) and 2026 guidance that will drive near-term sentiment. Earnings Call Transcript
• Neutral Sentiment: Pre-earnings previews and coverage (Benzinga, MSN) outlined expectations and risks heading into results; these previews help frame the magnitude of the beat but did not change consensus positioning materially. What to Expect from CNX Resources’s Earnings
• Neutral Sentiment: An independent shop kept a Hold rating on CNX ahead of results, indicating some analysts still view the stock as fairly valued versus peers despite the beat. Siebert Williams Shank Hold Rating
• Negative Sentiment: Some market reaction was negative intraday: at least one report noted the stock pulled back despite the strong results, suggesting profit-taking, positioning differences, or concerns in the call/guidance that tempered enthusiasm. CNX Stock Falls Despite Strong Q4

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CNX shares. Weiss Ratings reiterated a “hold (c)” rating on shares of CNX Resources in a report on Monday, December 29th. Morgan Stanley lifted their target price on CNX Resources from $31.00 to $32.00 and gave the stock an “underweight” rating in a report on Friday, January 23rd. JPMorgan Chase & Co. upgraded CNX Resources from an “underweight” rating to a “neutral” rating and upped their price target for the company from $36.00 to $38.00 in a research report on Monday, December 8th. Scotiabank restated a “sector perform” rating and set a $44.00 price objective on shares of CNX Resources in a research report on Wednesday, January 21st. Finally, Barclays reiterated an “underweight” rating on shares of CNX Resources in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, CNX Resources has a consensus rating of “Reduce” and a consensus price target of $35.80.

About CNX Resources

CNX Resources Corporation is a natural gas and natural gas liquids producer with operations concentrated in the Appalachian Basin. Established as an independent, publicly traded entity in 2018 following its spinoff from Consol Energy, the company focuses on the exploration, development and production of hydrocarbon resources in the Marcellus and Utica shales across Pennsylvania, West Virginia and Ohio.

In addition to its upstream activities, CNX Resources has invested in midstream infrastructure through its subsidiary that gathers, processes and transports natural gas.