SEI FY2028 EPS Forecast Increased by Northland Securities

Solaris Energy Infrastructure, Inc. (NYSE:SEI) – Investment analysts at Northland Securities lifted their FY2028 EPS estimates for shares of Solaris Energy Infrastructure in a report issued on Friday, June 12th. Northland Securities analyst B. Brooks now anticipates that the company will post earnings of $4.89 per share for the year, up from their previous estimate of $4.68. The consensus estimate for Solaris Energy Infrastructure’s current full-year earnings is $1.26 per share.

Several other equities research analysts have also recently commented on SEI. Zacks Research raised shares of Solaris Energy Infrastructure from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 12th. Stifel Nicolaus boosted their price target on shares of Solaris Energy Infrastructure from $71.00 to $93.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Weiss Ratings raised shares of Solaris Energy Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Piper Sandler boosted their price target on shares of Solaris Energy Infrastructure from $65.00 to $72.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Finally, Citigroup boosted their price target on shares of Solaris Energy Infrastructure from $61.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $81.80.

Solaris Energy Infrastructure Trading Down 0.2%

Shares of NYSE:SEI opened at $73.88 on Monday. The company’s 50-day moving average price is $69.70 and its two-hundred day moving average price is $58.38. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.11 and a quick ratio of 1.07. Solaris Energy Infrastructure has a one year low of $24.57 and a one year high of $81.24. The stock has a market capitalization of $5.43 billion, a PE ratio of 83.01 and a beta of 1.19.

Solaris Energy Infrastructure (NYSE:SEI) last issued its quarterly earnings results on Monday, April 27th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.26 by $0.18. Solaris Energy Infrastructure had a net margin of 6.69% and a return on equity of 13.33%. The firm had revenue of $196.24 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Solaris Energy Infrastructure by 9.3% during the 4th quarter. Vanguard Group Inc. now owns 2,913,632 shares of the company’s stock worth $133,940,000 after purchasing an additional 248,762 shares during the last quarter. Situational Awareness LP increased its stake in shares of Solaris Energy Infrastructure by 62.3% during the 4th quarter. Situational Awareness LP now owns 1,866,500 shares of the company’s stock worth $85,803,000 after purchasing an additional 716,200 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Solaris Energy Infrastructure by 2,120.7% during the 4th quarter. Principal Financial Group Inc. now owns 1,466,343 shares of the company’s stock worth $67,408,000 after purchasing an additional 1,400,311 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of Solaris Energy Infrastructure by 623.5% during the 3rd quarter. Van ECK Associates Corp now owns 1,295,898 shares of the company’s stock worth $51,797,000 after purchasing an additional 1,116,794 shares during the last quarter. Finally, Advent International L.P. increased its stake in shares of Solaris Energy Infrastructure by 25.5% during the 4th quarter. Advent International L.P. now owns 1,263,809 shares of the company’s stock worth $58,097,000 after purchasing an additional 256,909 shares during the last quarter. 67.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Solaris Energy Infrastructure

In other news, Director Ray N. Walker, Jr. sold 56,841 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $72.11, for a total transaction of $4,098,804.51. Following the transaction, the director directly owned 5,760 shares in the company, valued at $415,353.60. The trade was a 90.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Laurie H. Argo sold 5,200 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $72.88, for a total transaction of $378,976.00. Following the transaction, the director owned 44,839 shares in the company, valued at $3,267,866.32. This represents a 10.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 4,099,593 shares of company stock worth $297,782,099 over the last ninety days. Company insiders own 20.23% of the company’s stock.

About Solaris Energy Infrastructure

Solaris Energy Infrastructure Fund Inc (NYSE: SEI) is a closed-end management investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund pursues its objective by investing primarily in equity securities of energy infrastructure companies, including master limited partnerships (MLPs) and other midstream entities. SEI is externally managed by Solaris Asset Management LP, a firm specializing in energy infrastructure investments.

The fund’s portfolio targets businesses involved in the gathering, processing, transportation, storage and terminalling of oil, natural gas and refined products.