Suburban Propane PartnersSPH
Market Cap: $1.13B
About: Suburban Propane Partners LP distributes propane, fuel oil, and other refined fuels to customers in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets. The company operates in three segments: Propane; Fuel Oil and Refined Fuels; and Natural Gas and Electricity. It generates maximum revenue from Propane segment.
Employees: 3,240
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
387% more call options, than puts
Call options by funds: $2.61M | Put options by funds: $535K
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
91% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 22
13% more funds holding
Funds holding: 116 [Q1] → 131 (+15) [Q2]
7% more capital invested
Capital invested by funds: $395M [Q1] → $422M (+$26.3M) [Q2]
2.81% more ownership
Funds ownership: 31.87% [Q1] → 34.68% (+2.81%) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Wells Fargo Ned Baramov 100% 1-year accuracy 1 / 1 met price target | 3%downside $17 | Underweight Downgraded | 30 Aug 2024 |
Argus Research David Coleman 17% 1-year accuracy 1 / 6 met price target | 42%upside $25 | Buy Maintained | 10 Jun 2024 |