CONSOL Energy Inc. (NYSE:CEIX) Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. cut its holdings in CONSOL Energy Inc. (NYSE:CEIX) by 9.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 96,710 shares of the company’s stock after selling 10,222 shares during the quarter. Federated Hermes Inc.’s holdings in CONSOL Energy were worth $9,722,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of CEIX. SG Americas Securities LLC acquired a new position in CONSOL Energy in the third quarter valued at $1,316,000. Xponance Inc. acquired a new position in CONSOL Energy in the third quarter valued at $208,000. FSC Wealth Advisors LLC acquired a new position in CONSOL Energy in the third quarter valued at $50,000. Raymond James & Associates increased its stake in CONSOL Energy by 223.6% in the third quarter. Raymond James & Associates now owns 13,800 shares of the company’s stock valued at $1,448,000 after purchasing an additional 9,535 shares during the period. Finally, Raymond James Financial Services Advisors Inc. increased its stake in CONSOL Energy by 42.7% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 8,892 shares of the company’s stock valued at $933,000 after purchasing an additional 2,659 shares during the period. 86.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, B. Riley dropped their price target on shares of CONSOL Energy from $100.00 to $98.00 and set a “buy” rating on the stock in a research note on Wednesday, April 10th.

Insider Transactions at CONSOL Energy

In related news, CAO John Rothka sold 2,000 shares of the business’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $94.56, for a total transaction of $189,120.00. Following the sale, the chief accounting officer now owns 13,108 shares of the company’s stock, valued at $1,239,492.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 2.10% of the company’s stock.

CONSOL Energy Trading Down 0.3 %

Shares of CONSOL Energy stock opened at $83.95 on Wednesday. CONSOL Energy Inc. has a 52-week low of $53.40 and a 52-week high of $114.30. The company has a quick ratio of 1.16, a current ratio of 1.35 and a debt-to-equity ratio of 0.14. The company’s 50-day simple moving average is $83.77 and its 200-day simple moving average is $94.05. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of 4.27 and a beta of 1.76.

CONSOL Energy (NYSE:CEIX) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $5.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.28 by $0.77. CONSOL Energy had a net margin of 25.53% and a return on equity of 49.80%. The business had revenue of $649.90 million for the quarter, compared to analyst estimates of $608.90 million. During the same period in the previous year, the business posted $3.89 earnings per share. The business’s revenue was up 2.0% compared to the same quarter last year. As a group, equities research analysts anticipate that CONSOL Energy Inc. will post 11.02 earnings per share for the current year.

About CONSOL Energy

CONSOL Energy Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.