Bank of America Corp DE decreased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG – Free Report) by 4.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 2,584,493 shares of the energy company’s stock after selling 131,901 shares during the quarter. Bank of America Corp DE’s holdings in Cheniere Energy were worth $733,376,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the company. Trivium Point Advisory LLC lifted its holdings in Cheniere Energy by 38.8% during the 4th quarter. Trivium Point Advisory LLC now owns 56,930 shares of the energy company’s stock valued at $11,067,000 after purchasing an additional 15,927 shares during the last quarter. Sovereign Financial Group Inc. bought a new stake in shares of Cheniere Energy during the first quarter worth $1,472,000. Thrivent Financial for Lutherans grew its holdings in shares of Cheniere Energy by 17.2% during the fourth quarter. Thrivent Financial for Lutherans now owns 76,812 shares of the energy company’s stock worth $14,930,000 after purchasing an additional 11,270 shares during the last quarter. Norges Bank acquired a new stake in shares of Cheniere Energy in the fourth quarter valued at $731,774,000. Finally, Prudential PLC increased its stake in shares of Cheniere Energy by 2,313.7% in the fourth quarter. Prudential PLC now owns 98,285 shares of the energy company’s stock valued at $19,106,000 after buying an additional 94,213 shares in the last quarter. 87.26% of the stock is currently owned by institutional investors and hedge funds.
Cheniere Energy Stock Up 2.3%
Shares of NYSE:LNG opened at $263.91 on Friday. Cheniere Energy, Inc. has a 52 week low of $186.20 and a 52 week high of $300.89. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.48 and a current ratio of 0.57. The company has a market capitalization of $55.30 billion, a PE ratio of 43.41 and a beta of -0.01. The company has a 50 day moving average price of $245.89 and a two-hundred day moving average price of $244.23.
Cheniere Energy Dividend Announcement
Wall Street Analyst Weigh In
A number of analysts recently weighed in on LNG shares. Benchmark reissued an “outperform” rating on shares of Cheniere Energy in a report on Tuesday, May 26th. Royal Bank Of Canada boosted their price objective on Cheniere Energy from $286.00 to $300.00 and gave the stock an “outperform” rating in a report on Tuesday, April 14th. Morgan Stanley reduced their target price on shares of Cheniere Energy from $313.00 to $308.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 21st. Barclays lifted their price target on shares of Cheniere Energy from $271.00 to $274.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Finally, Wolfe Research reissued an “outperform” rating and set a $300.00 price target on shares of Cheniere Energy in a research note on Tuesday, June 2nd. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $298.88.
View Our Latest Analysis on Cheniere Energy
Cheniere Energy News Summary
Here are the key news stories impacting Cheniere Energy this week:
- Positive Sentiment: Analysts raised forward earnings estimates. US Capital Advisors increased its FY2027 EPS forecast to $17.26 from $15.56, while lifting estimates for the first three quarters of 2027 and FY2026 to $15.34 from $15.29. The upgrades suggest stronger expected operating performance and support the bullish case for LNG. US Capital Advisors earnings estimates
- Positive Sentiment: Cheniere is positioned for a potential earnings beat. Zacks said the company has favorable factors supporting a likely upcoming earnings beat, which could provide a near-term catalyst if results and guidance exceed expectations. Cheniere expected to beat earnings estimates
- Positive Sentiment: Corpus Christi expansion advanced. Cheniere received approval to introduce gas into the final train at its Corpus Christi LNG facility, marking progress toward commissioning and eventual additional production capacity. Corpus Christi LNG train approval
- Positive Sentiment: J.P. Morgan maintained a Buy rating. Continued support from a major investment bank reinforces the positive analyst view of Cheniere’s LNG growth outlook. J.P. Morgan remains a Buy on Cheniere
- Neutral Sentiment: Industry commentary highlights expanding LNG, power and industrial demand, although infrastructure constraints could limit how quickly natural-gas growth translates into volumes and revenue. Expand Energy LNG demand outlook
- Negative Sentiment: A contractor died following an incident at Sabine Pass. The fatality could lead to operational disruption, regulatory scrutiny, higher costs or reputational damage, although the company has not disclosed broader impacts. Contractor death at Sabine Pass
- Negative Sentiment: Analysis that China’s changing energy mix may weaken a major source of global LNG growth raises demand concerns for exporters, particularly if Chinese gas consumption or imports slow. China LNG demand analysis
Cheniere Energy Company Profile
Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.
Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.
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