Bank of New York Mellon Corp Cuts Position in Peabody Energy Corporation $BTU

Bank of New York Mellon Corp cut its stake in shares of Peabody Energy Corporation (NYSE:BTUFree Report) by 3.5% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 953,726 shares of the coal producer’s stock after selling 34,882 shares during the period. Bank of New York Mellon Corp’s holdings in Peabody Energy were worth $31,425,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Massachusetts Financial Services Co. MA purchased a new position in Peabody Energy in the 4th quarter valued at about $90,603,000. Sourcerock Group LLC purchased a new stake in shares of Peabody Energy during the second quarter worth approximately $28,092,000. State Street Corp increased its position in shares of Peabody Energy by 19.3% during the second quarter. State Street Corp now owns 9,208,031 shares of the coal producer’s stock worth $123,572,000 after purchasing an additional 1,487,531 shares in the last quarter. Phoenix Financial Ltd. acquired a new position in Peabody Energy in the 4th quarter valued at $38,125,000. Finally, Vanguard Group Inc. raised its stake in Peabody Energy by 8.5% in the 4th quarter. Vanguard Group Inc. now owns 15,135,096 shares of the coal producer’s stock valued at $449,512,000 after purchasing an additional 1,191,438 shares during the last quarter. Hedge funds and other institutional investors own 87.44% of the company’s stock.

Peabody Energy Stock Up 0.1%

Shares of NYSE:BTU opened at $22.83 on Monday. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of -23.06 and a beta of 0.38. Peabody Energy Corporation has a 12-month low of $14.25 and a 12-month high of $41.14. The business has a 50-day moving average price of $24.87 and a 200 day moving average price of $29.81. The company has a current ratio of 1.87, a quick ratio of 1.37 and a debt-to-equity ratio of 0.09.

Peabody Energy (NYSE:BTUGet Free Report) last posted its earnings results on Tuesday, May 5th. The coal producer reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.40). The company had revenue of $973.30 million during the quarter, compared to analyst estimates of $977.42 million. Peabody Energy had a negative net margin of 3.07% and a negative return on equity of 2.80%. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.27 EPS. Sell-side analysts expect that Peabody Energy Corporation will post 0.48 EPS for the current year.

Peabody Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 19th were paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Tuesday, May 19th. Peabody Energy’s payout ratio is -30.30%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on BTU. Zacks Research raised shares of Peabody Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. Weiss Ratings cut shares of Peabody Energy from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, June 23rd. B. Riley Financial downgraded shares of Peabody Energy from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $42.00 to $30.00 in a research note on Thursday, April 30th. Finally, UBS Group lowered their price target on shares of Peabody Energy from $32.00 to $30.50 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Peabody Energy currently has an average rating of “Hold” and an average target price of $34.12.

Read Our Latest Research Report on BTU

Peabody Energy News Roundup

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

  • Neutral Sentiment: Multiple law firms, including Rosen, Robbins Geller, The Schall Law Firm, Hagens Berman, Bleichmar Fonti & Auld, Faruqi & Faruqi, Pomerantz, Bernstein Liebhard, and The Gross Law Firm, issued reminders about an existing securities class action against Peabody Energy and the August 24, 2026 lead plaintiff deadline. Article Title
  • Neutral Sentiment: The lawsuits allege Peabody inflated guidance for its metallurgical coal segment and concealed operational failures at the Centurion mine, which keeps legal and reputational risk in focus for shareholders. Article Title
  • Negative Sentiment: The growing number of class action notices may increase uncertainty around potential liabilities, legal costs, and management distraction, which can weigh on the stock. Article Title

Peabody Energy Company Profile

(Free Report)

Peabody Energy Corporation is one of the world’s largest private-sector coal companies, engaged primarily in the production and sale of metallurgical and thermal coal. The company’s operations span surface and underground mines, serving utilities, steel mills and other industrial customers that rely on coal as an essential component in power generation and steelmaking. Peabody’s product portfolio includes high-energy thermal coal for electricity generation and low-volatile metallurgical coal used in steel production, reflecting its diverse end-market reach.

Founded in 1883, Peabody Energy has grown from a regional mining concern into a global energy supplier.

Further Reading

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Institutional Ownership by Quarter for Peabody Energy (NYSE:BTU)

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