5E Advanced Materials, Inc. $FEAM is Bluescape Energy Partners LLC’s 4th Largest Position

Bluescape Energy Partners LLC lifted its position in shares of 5E Advanced Materials, Inc. (NASDAQ:FEAM) by 7.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,130,997 shares of the company’s stock after purchasing an additional 533,648 shares during the period. 5E Advanced Materials comprises approximately 6.5% of Bluescape Energy Partners LLC’s portfolio, making the stock its 4th largest position. Bluescape Energy Partners LLC owned approximately 34.59% of 5E Advanced Materials worth $24,800,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Hohimer Wealth Management LLC acquired a new stake in shares of 5E Advanced Materials during the 3rd quarter worth about $785,000. Marshall Wace LLP acquired a new stake in shares of 5E Advanced Materials in the 4th quarter valued at about $282,000. Geode Capital Management LLC boosted its position in shares of 5E Advanced Materials by 112.9% in the 4th quarter. Geode Capital Management LLC now owns 77,780 shares of the company’s stock valued at $237,000 after purchasing an additional 41,238 shares during the period. Potomac Capital Management Inc. acquired a new stake in shares of 5E Advanced Materials in the 4th quarter valued at about $186,000. Finally, Jane Street Group LLC acquired a new stake in shares of 5E Advanced Materials in the 4th quarter valued at about $111,000.

5E Advanced Materials Price Performance

NASDAQ:FEAM opened at $1.62 on Wednesday. The firm’s fifty day moving average price is $1.72 and its 200 day moving average price is $2.36. 5E Advanced Materials, Inc. has a 1-year low of $1.17 and a 1-year high of $7.50. The firm has a market cap of $67.25 million, a price-to-earnings ratio of -1.21 and a beta of 1.86.

5E Advanced Materials (NASDAQ:FEAM) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.35) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.01. As a group, analysts expect that 5E Advanced Materials, Inc. will post -1.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on FEAM. Weiss Ratings reiterated a “sell (e+)” rating on shares of 5E Advanced Materials in a research report on Monday, April 20th. Wall Street Zen upgraded shares of 5E Advanced Materials from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 30th. Finally, HC Wainwright set a $5.50 price target on shares of 5E Advanced Materials and gave the company a “buy” rating in a research report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $6.25.

5E Advanced Materials Profile

5E Advanced Materials, Inc develops and manufactures high-performance anode materials for lithium-ion batteries, specializing in silicon-carbon composite solutions. The company’s proprietary processes yield anode materials that deliver enhanced energy density, extended cycle life and faster charge rates compared to conventional graphite anodes. These advanced materials are targeted at electric vehicle manufacturers, consumer electronics producers and grid-scale energy storage providers seeking to improve battery performance and sustainability.

The firm operates a pilot production facility in Harrodsburg, Kentucky, where it carries out research, development and small-scale manufacturing to validate its processes and assess commercial viability.