New Analyst Forecast: $SM Given 'Underperform' Rating

We just received data on a new analyst forecast for $SM. Raymond James gave a rating of 'Underperform' for $SM.

$SM Analyst Ratings

Wall Street analysts have issued reports on $SM in the last several months. We have seen 2 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

• Raymond James issued a "Underperform" rating on 06/24/2025
• KeyBanc issued a "Overweight" rating on 04/21/2025
• Stephens issued a "Overweight" rating on 04/15/2025

To track analyst ratings and price targets for $SM, check out Quiver Quantitative's $SM forecast page.

$SM Price Targets

Multiple analysts have issued price targets for $SM recently. We have seen 3 analysts offer price targets for $SM in the last 6 months, with a median target of $36.0.

Here are some recent targets:

• Tim Rezvan from KeyBanc set a target price of $36.0 on 04/21/2025
• An analyst from Wells Fargo set a target price of $33.0 on 03/25/2025
• An analyst from Williams Trading set a target price of $41.0 on 03/05/2025

$SM Insider Trading Activity

$SM insiders have traded $SM stock on the open market 6 times in the past 6 months. Of those trades, 5 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $SM stock by insiders over the last 6 months:

• BARTON R JR BROOKMAN purchased 7,000 shares for an estimated $226,520
• RICHARD A. JENKINS (Senior Vice President - Utah) sold 7,726 shares for an estimated $220,113
• RAMIRO G PERU purchased 5,000 shares for an estimated $143,600
• HERBERT S VOGEL (President & CEO) has made 3 purchases buying 2,000 shares for an estimated $55,140 and 0 sales.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$SM Hedge Fund Activity

We have seen 220 institutional investors add shares of $SM stock to their portfolio, and 272 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• PACER ADVISORS, INC. removed 4,137,670 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $123,923,216
• MILLENNIUM MANAGEMENT LLC added 1,537,479 shares (+443.0%) to their portfolio in Q1 2025, for an estimated $46,047,496
• HITE HEDGE ASSET MANAGEMENT LLC added 1,469,289 shares (+inf%) to their portfolio in Q1 2025, for an estimated $44,005,205
• INVESCO LTD. added 1,178,397 shares (+169.4%) to their portfolio in Q1 2025, for an estimated $35,292,990
• WESTWOOD HOLDINGS GROUP INC added 1,088,948 shares (+51.4%) to their portfolio in Q1 2025, for an estimated $32,613,992
• FIRST TRUST ADVISORS LP removed 1,065,637 shares (-39.7%) from their portfolio in Q1 2025, for an estimated $31,915,828
• NEW YORK STATE COMMON RETIREMENT FUND added 846,844 shares (+inf%) to their portfolio in Q1 2025, for an estimated $25,362,977

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.