Vanguard Group Inc. Has $80 Million Stock Position in Sable Offshore Corp. $SOC

Vanguard Group Inc. raised its position in shares of Sable Offshore Corp. (NYSE:SOC) by 2.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 4,581,958 shares of the company’s stock after purchasing an additional 108,504 shares during the quarter. Vanguard Group Inc. owned approximately 4.60% of Sable Offshore worth $80,001,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. CWM LLC boosted its stake in shares of Sable Offshore by 1,262.8% in the 2nd quarter. CWM LLC now owns 1,867 shares of the company’s stock valued at $41,000 after purchasing an additional 1,730 shares during the last quarter. KBC Group NV acquired a new position in Sable Offshore in the second quarter valued at $46,000. NewEdge Advisors LLC boosted its position in Sable Offshore by 36.2% during the first quarter. NewEdge Advisors LLC now owns 2,448 shares of the company’s stock valued at $62,000 after acquiring an additional 650 shares during the last quarter. MAI Capital Management acquired a new stake in Sable Offshore during the 2nd quarter worth about $123,000. Finally, Whittier Trust Co. bought a new position in shares of Sable Offshore in the 3rd quarter worth about $115,000. Institutional investors own 26.19% of the company’s stock.

Sable Offshore Trading Up 37.9%

SOC opened at $13.91 on Friday. Sable Offshore Corp. has a 1-year low of $3.72 and a 1-year high of $35.00. The company has a market cap of $2.02 billion, a price-to-earnings ratio of -3.31 and a beta of 0.43. The company’s fifty day moving average price is $9.57 and its two-hundred day moving average price is $12.74.

Sable Offshore (NYSE:SOC) last issued its quarterly earnings data on Friday, February 27th. The company reported ($0.39) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.20. The business had revenue of $1.00 million for the quarter, compared to analyst estimates of $0.50 million. As a group, equities analysts forecast that Sable Offshore Corp. will post -6.39 earnings per share for the current fiscal year.

Sable Offshore News Roundup

Here are the key news stories impacting Sable Offshore this week:

• Positive Sentiment: DOJ legal opinion suggests a clearer path to restarting pipeline operations, which would unlock revenue and materially change the company’s outlook. This report is a key driver of the rally. Read More.
• Positive Sentiment: Coverage highlighting the DOJ view and potential production restart reinforced investor optimism and helped push the stock higher. Read More.
• Positive Sentiment: Renewed hopes for the California pipeline were widely reported as the main catalyst for a sharp intraday gain. Read More.
• Positive Sentiment: FourWorld’s public backing of Sable provides an institutional vote of confidence amid legal uncertainty, supporting the stock’s move. Read More.
• Positive Sentiment: Unusual options activity—large net purchases of call contracts—indicates speculative bullish positioning that likely amplified short-term upside.
• Neutral Sentiment: Analyses assessing the company’s valuation after mixed results and a rebrand to “SOC” provide context but don’t change the near-term legal/operational catalysts. Read More.
• Negative Sentiment: Benchmark’s recent coverage flagged concerns (rating action reported), which weighs on sentiment and could limit upside if legal progress stalls. Read More.
• Negative Sentiment: Reporting on deeper 2025 losses highlights the company’s weak near-term fundamentals; even with a successful legal outcome, substantial execution and capital risks remain. Read More.

Analysts Set New Price Targets

SOC has been the topic of several research analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and set a $28.00 target price on shares of Sable Offshore in a research note on Thursday. TD Cowen restated a “buy” rating on shares of Sable Offshore in a report on Thursday, December 18th. Benchmark reaffirmed a “hold” rating on shares of Sable Offshore in a research report on Thursday. Roth Mkm reiterated a “buy” rating on shares of Sable Offshore in a research report on Wednesday, December 24th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Sable Offshore in a report on Tuesday, January 27th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Sable Offshore has a consensus rating of “Hold” and a consensus price target of $19.00.

About Sable Offshore

Sable Offshore (NYSE:SOC) is an independent upstream oil and natural gas company specializing in offshore hydrocarbon exploration and production. The company identifies and secures exploration and development rights, conducts detailed seismic interpretation, and advances offshore prospects through appraisal and development phases. Its focus on the offshore environment drives investments in specialized drilling techniques, subsea infrastructure and production facility design.

Core business activities include offshore seismic surveys, the drilling of exploration and appraisal wells, installation and operation of production platforms or subsea systems, and well intervention services.