Solaris Energy Infrastructure, Inc. $SEI Stock: Moody Aldrich Partners LLC Lowers Holdings

Moody Aldrich Partners LLC trimmed its position in Solaris Energy Infrastructure, Inc. (NYSE:SEI) by 44.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,748 shares of the company’s stock after selling 32,354 shares during the period. Moody Aldrich Partners LLC’s holdings in Solaris Energy Infrastructure were worth $2,900,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. West Branch Capital LLC acquired a new position in shares of Solaris Energy Infrastructure during the third quarter worth $71,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Solaris Energy Infrastructure during the 2nd quarter valued at $84,000. GK Wealth Management LLC acquired a new stake in shares of Solaris Energy Infrastructure in the 3rd quarter worth $79,000. SBI Securities Co. Ltd. boosted its position in shares of Solaris Energy Infrastructure by 111.8% in the 3rd quarter. SBI Securities Co. Ltd. now owns 1,167 shares of the company’s stock worth $83,000 after purchasing an additional 616 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in shares of Solaris Energy Infrastructure by 507.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,652 shares of the company’s stock worth $76,000 after purchasing an additional 1,380 shares in the last quarter. 67.44% of the stock is owned by hedge funds and other institutional investors.

Solaris Energy Infrastructure Price Performance

Shares of SEI opened at $69.07 on Thursday. The business’s 50-day moving average is $64.45 and its two-hundred day moving average is $63.05. The company has a market capitalization of $5.29 billion, a P/E ratio of 81.26 and a beta of 1.28. The company has a debt-to-equity ratio of 2.23, a quick ratio of 4.03 and a current ratio of 4.12. Solaris Energy Infrastructure, Inc. has a fifty-two week low of $38.50 and a fifty-two week high of $86.19.

Solaris Energy Infrastructure (NYSE:SEI) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.08. The business had revenue of $219.40 million during the quarter. Solaris Energy Infrastructure had a return on equity of 13.26% and a net margin of 7.19%. Research analysts predict that Solaris Energy Infrastructure, Inc. will post 1.42 earnings per share for the current year.

Analysts Set New Price Targets

SEI has been the topic of several research analyst reports. Wolfe Research initiated coverage on Solaris Energy Infrastructure in a research note on Monday, July 6th. They set an “outperform” rating and a $120.00 target price on the stock. Citigroup upped their target price on Solaris Energy Infrastructure from $84.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, September 24th. Barclays increased their price target on Solaris Energy Infrastructure from $90.00 to $116.00 and gave the company an “overweight” rating in a research note on Monday, September 28th. Zacks Research raised Solaris Energy Infrastructure from a “hold” rating to a “strong-buy” rating in a report on Friday, October 9th. Finally, Raymond James Financial boosted their price target on Solaris Energy Infrastructure from $82.00 to $96.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Solaris Energy Infrastructure presently has an average rating of “Buy” and an average price target of $94.08.

Insider Activity at Solaris Energy Infrastructure

In related news, Director A. Teague bought 3,900 shares of the stock in a transaction dated Tuesday, September 8th. The shares were purchased at an average price of $64.21 per share, for a total transaction of $250,419.00. Following the completion of the purchase, the director directly owned 116,865 shares of the company’s stock, valued at $7,503,901.65. This represents a 3.45% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 20.23% of the stock is owned by insiders.

Solaris Energy Infrastructure Company Profile

Solaris Energy Infrastructure, Inc provides infrastructure solutions for energy-intensive industries in North America. The company develops, deploys and operates power-generation and power-management systems designed to deliver reliable electricity to customers with substantial or specialized energy needs, including data centers and other high-demand facilities.

Solaris also provides logistics infrastructure and related services for the oil and natural gas industry. Its offerings have included mobile and fixed proppant-management systems, silo storage, transloading and last-mile delivery solutions used to transport and manage sand and other materials at wellsites.

Founded in 2014 as Solaris Oilfield Infrastructure, the company historically focused on improving the efficiency of oilfield logistics before expanding into broader energy infrastructure and power solutions.