Bank of New York Mellon Corp Reduces Stock Holdings in Liberty Energy Inc. $LBRT

Bank of New York Mellon Corp lowered its stake in Liberty Energy Inc. (NYSE:LBRT) by 10.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 1,767,487 shares of the company’s stock after selling 208,009 shares during the quarter. Bank of New York Mellon Corp’s holdings in Liberty Energy were worth $50,904,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in LBRT. Fifth Third Bancorp increased its position in shares of Liberty Energy by 13,448.0% during the first quarter. Fifth Third Bancorp now owns 204,439 shares of the company’s stock valued at $5,888,000 after buying an additional 202,930 shares during the period. Summit Securities Group LLC purchased a new stake in Liberty Energy in the first quarter worth about $28,000. Valued Wealth Advisors LLC bought a new stake in Liberty Energy during the 1st quarter valued at approximately $26,000. Sumitomo Mitsui Trust Group Inc. boosted its position in Liberty Energy by 2.1% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 32,600 shares of the company’s stock valued at $939,000 after acquiring an additional 676 shares in the last quarter. Finally, Personal CFO Solutions LLC grew its holdings in shares of Liberty Energy by 5.2% during the 1st quarter. Personal CFO Solutions LLC now owns 20,679 shares of the company’s stock worth $596,000 after acquiring an additional 1,023 shares during the period. 98.22% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

LBRT has been the subject of several research reports. UBS Group reissued a “buy” rating on shares of Liberty Energy in a research report on Friday, June 26th. Morgan Stanley set a $35.00 price target on Liberty Energy in a research note on Wednesday, July 15th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $32.00 price objective on shares of Liberty Energy in a report on Friday, April 24th. The Goldman Sachs Group reissued a “neutral” rating and set a $31.00 price objective on shares of Liberty Energy in a research report on Wednesday, June 3rd. Finally, Barclays boosted their target price on shares of Liberty Energy from $29.00 to $32.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Liberty Energy currently has a consensus rating of “Moderate Buy” and an average price target of $32.09.

Liberty Energy Stock Performance

Shares of LBRT opened at $19.73 on Friday. The company has a quick ratio of 1.97, a current ratio of 2.21 and a debt-to-equity ratio of 0.75. The stock has a market cap of $3.22 billion, a P/E ratio of 26.67, a P/E/G ratio of 2.05 and a beta of 0.54. The business’s 50 day moving average price is $27.51 and its 200-day moving average price is $27.22. Liberty Energy Inc. has a 52 week low of $9.90 and a 52 week high of $34.48.

Liberty Energy (NYSE:LBRT) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.01. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.09 billion. Liberty Energy had a return on equity of 1.13% and a net margin of 2.92%.The firm’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter last year, the company earned $0.12 EPS. Equities research analysts anticipate that Liberty Energy Inc. will post 0.28 earnings per share for the current fiscal year.

Liberty Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.09 per share. The ex-dividend date is Friday, September 4th. This represents a $0.36 annualized dividend and a dividend yield of 1.8%. Liberty Energy’s dividend payout ratio (DPR) is presently 39.56%.

Trending Headlines about Liberty Energy

Here are the key news stories impacting Liberty Energy this week:

• Positive Sentiment: Liberty Energy beat second-quarter expectations, reporting $0.09 EPS on $1.19 billion in revenue, with revenue up 14% year over year. The company also posted net income of $43 million and adjusted EBITDA of $151 million, which supports the case that core demand remains healthy. Liberty Energy Inc. Announces Second Quarter 2026 Financial and Operational Results
• Positive Sentiment: The company announced a strategic joint venture with PowerBridge to help develop a planned 2 GW powered data center campus in Texas, which could open a new growth avenue tied to rising power demand from AI/data centers. Liberty Energy and PowerBridge Form Strategic Joint Venture to Support Powered Data Center Campus Development
• Neutral Sentiment: Analysts and market commentary highlighted unusually high options trading and a Zacks downgrade from “strong-buy” to “hold,” suggesting sentiment has become more cautious despite the earnings beat. Tickerreport.com article
• Negative Sentiment: Liberty Energy raised its full-year capital expenditure outlook, which likely spooked investors by signaling heavier spending ahead and potentially lower near-term free cash flow. Liberty Energy plunges after hiking full-year capex outlook

Insider Buying and Selling at Liberty Energy

In other news, CFO Michael Stock sold 19,998 shares of Liberty Energy stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $33.48, for a total value of $669,533.04. Following the completion of the transaction, the chief financial officer owned 800,375 shares of the company’s stock, valued at $26,796,555. The trade was a 2.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman William F. Kimble sold 7,350 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $33.92, for a total transaction of $249,312.00. Following the sale, the chairman directly owned 89,805 shares in the company, valued at $3,046,185.60. This trade represents a 7.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 54,012 shares of company stock valued at $1,673,803 over the last 90 days. Corporate insiders own 2.00% of the company’s stock.

About Liberty Energy

Liberty Energy Inc provides hydraulic services and related technologies to onshore oil and natural gas exploration, and production companies in North America. The company offers hydraulic fracturing services, including complementary services, such as wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data analytics, related goods comprising sand mine operations, and technologies; and well site fueling and logistics. As of as of December 31, 2023, the company owned and operated a fleet of approximately 40 active hydraulic fracturing; and two sand mines in the Permian Basin.