Solaris Energy Infrastructure (NYSE:SEI) Director Purchases 350 Shares of Company Stock

Solaris Energy Infrastructure, Inc. (NYSE:SEI) Director A. Teague acquired 350 shares of Solaris Energy Infrastructure stock in a transaction on Monday, November 9th. The stock was purchased at an average price of $59.23 per share, with a total value of $20,730.50. Following the transaction, the director directly owned 117,215 shares in the company, valued at approximately $6,942,644.45. This trade represents a 0.30% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Aj Teague also recently made the following trade(s):

• On Wednesday, November 11th, A. Teague acquired 150 shares of Solaris Energy Infrastructure stock. The shares were purchased at an average cost of $65.81 per share, for a total transaction of $9,871.50.
• On Tuesday, November 10th, A. Teague purchased 170 shares of Solaris Energy Infrastructure stock. The shares were acquired at an average price of $59.50 per share, for a total transaction of $10,115.00.
• On Tuesday, September 8th, A. Teague purchased 3,900 shares of Solaris Energy Infrastructure stock. The stock was acquired at an average cost of $64.21 per share, for a total transaction of $250,419.00.

Solaris Energy Infrastructure Stock Performance

Solaris Energy Infrastructure stock traded down $0.34 on Thursday, hitting $64.46. The company’s stock had a trading volume of 1,436,577 shares, compared to its average volume of 2,813,318. Solaris Energy Infrastructure, Inc. has a one year low of $38.50 and a one year high of $86.19. The firm has a market cap of $4.94 billion, a P/E ratio of 67.15 and a beta of 1.40. The company has a quick ratio of 4.03, a current ratio of 2.10 and a debt-to-equity ratio of 1.68. The company has a fifty day moving average price of $66.47 and a 200-day moving average price of $63.47.

Solaris Energy Infrastructure (NYSE:SEI) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.45 EPS for the quarter, topping 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 12.82%. The company had revenue of $341.09 million during the quarter. On average, equities analysts anticipate that Solaris Energy Infrastructure, Inc. will post 1.37 earnings per share for the current year.

Solaris Energy Infrastructure Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Tuesday, December 8th will be paid a dividend of $0.12 per share. The ex-dividend date is Tuesday, December 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.7%. Solaris Energy Infrastructure’s dividend payout ratio (DPR) is currently 50.00%.

More Solaris Energy Infrastructure News

Investors following SEI have been watching these news items:

• Positive Sentiment: Needham raised its price target to $126 from $104 and reiterated a Buy rating. That target is well above the roughly $64 share price cited in the report. Needham analyst information
• Positive Sentiment: Other recent coverage also reflects optimism: one report put SEI’s average analyst price target at $100.38, while another described analysts as bullish and reported a Citigroup target increase. These targets may support sentiment, although they are forecasts rather than guarantees. Average price target report Citigroup price target report Analyst outlook article
• Positive Sentiment: Director A. Teague disclosed three purchases totaling 670 shares across Nov. 9–11, worth about $40,700. Insider buying can signal confidence, though the purchases are small relative to the company and do not establish future performance. SEC Form 4 filing

Institutional Trading of Solaris Energy Infrastructure

Hedge funds have recently modified their holdings of the company. Jennison Associates LLC raised its stake in shares of Solaris Energy Infrastructure by 215.1% in 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 during the last quarter. Situational Awareness LP grew its position in Solaris Energy Infrastructure by 2.2% during 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 during the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT increased its holdings in Solaris Energy Infrastructure by 146.2% during the 3rd 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 purchasing an additional 611,000 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Solaris Energy Infrastructure by 19.6% during the 1st 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 in the last quarter. Finally, Two Seas Capital LP acquired a new stake in Solaris Energy Infrastructure during the 3rd quarter valued at $56,007,000. Institutional investors and hedge funds own 67.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SEI. Morgan Stanley upped their price objective on Solaris Energy Infrastructure from $90.00 to $102.00 and gave the company an “overweight” rating in a research note on Wednesday, October 21st. Wall Street Zen upgraded Solaris Energy Infrastructure from a “sell” rating to a “hold” rating in a research report on Saturday, November 7th. Barclays boosted their price target on Solaris Energy Infrastructure from $116.00 to $140.00 and gave the company an “overweight” rating in a research note on Friday, November 6th. Stifel Nicolaus upped their price target on Solaris Energy Infrastructure from $98.00 to $101.00 and gave the company a “buy” rating in a research report on Thursday, September 24th. Finally, Piper Sandler upped their price target on Solaris Energy Infrastructure from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $100.38.

About Solaris Energy Infrastructure

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. shale basins, while its power solutions serve customers seeking scalable power generation.