Renaissance Technologies LLC reduced its stake in shares of SunCoke Energy, Inc. (NYSE:SXC – Free Report) by 17.6% during the 1st quarter, HoldingsChannel reports. The fund owned 2,194,661 shares of the energy company’s stock after selling 468,500 shares during the period. Renaissance Technologies LLC’s holdings in SunCoke Energy were worth $14,287,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. grew its holdings in SunCoke Energy by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 7,024,864 shares of the energy company’s stock valued at $50,579,000 after purchasing an additional 33,535 shares during the period. Dimensional Fund Advisors LP increased its position in SunCoke Energy by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 5,410,182 shares of the energy company’s stock worth $35,222,000 after purchasing an additional 68,996 shares during the last quarter. Geode Capital Management LLC raised its stake in SunCoke Energy by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 2,238,567 shares of the energy company’s stock worth $16,120,000 after purchasing an additional 19,084 shares during the period. Charles Schwab Investment Management Inc. raised its stake in SunCoke Energy by 30.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,153,408 shares of the energy company’s stock worth $15,505,000 after purchasing an additional 503,500 shares during the period. Finally, Invesco Ltd. boosted its holdings in shares of SunCoke Energy by 9.6% in the 3rd quarter. Invesco Ltd. now owns 1,584,993 shares of the energy company’s stock valued at $12,934,000 after purchasing an additional 139,229 shares during the last quarter. 90.45% of the stock is owned by institutional investors and hedge funds.
SunCoke Energy News Summary
Here are the key news stories impacting SunCoke Energy this week:
- Positive Sentiment: SunCoke reported second-quarter earnings of $0.15 per share, well above the $0.08 analyst consensus and up from $0.02 a year earlier. Revenue increased 9.5% year over year to $475.3 million, exceeding estimates of $445.2 million. SunCoke Energy Tops Q2 Earnings and Revenue Estimates
- Positive Sentiment: The company raised its 2026 adjusted EBITDA outlook to $250 million-$265 million. Management also highlighted record performance in its Industrial Services segment since the Phoenix deal, signaling stronger operating momentum and potentially improved cash generation. SunCoke Raises 2026 Adjusted EBITDA Outlook
- Neutral Sentiment: SunCoke declared a quarterly cash dividend of $0.12 per share, payable September 2 to shareholders of record August 17. The dividend supports the stock’s income appeal, although investors should note that shares will trade ex-dividend beginning August 17. SunCoke Energy Declares Cash Dividend
Analysts Set New Price Targets
Read Our Latest Stock Report on SunCoke Energy
SunCoke Energy Stock Up 1.1%
Shares of SunCoke Energy stock opened at $8.54 on Friday. The company has a fifty day moving average price of $8.68 and a 200 day moving average price of $7.59. The company has a current ratio of 2.25, a quick ratio of 1.31 and a debt-to-equity ratio of 1.07. SunCoke Energy, Inc. has a twelve month low of $5.51 and a twelve month high of $9.73. The stock has a market cap of $724.79 million, a price-to-earnings ratio of -13.35 and a beta of 0.99.
SunCoke Energy (NYSE:SXC – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The energy company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.08 by $0.07. SunCoke Energy had a positive return on equity of 6.37% and a negative net margin of 2.88%.The company had revenue of $475.30 million for the quarter, compared to analyst estimates of $445.20 million. During the same period last year, the company posted $0.02 earnings per share. The firm’s revenue was up 9.5% compared to the same quarter last year. Equities research analysts forecast that SunCoke Energy, Inc. will post 0.2 earnings per share for the current fiscal year.
SunCoke Energy Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Monday, August 17th will be paid a $0.12 dividend. The ex-dividend date is Monday, August 17th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.6%. SunCoke Energy’s dividend payout ratio (DPR) is -62.34%.
SunCoke Energy Company Profile
SunCoke Energy, Inc is a leading independent producer of metallurgical coke and related products for the steel and foundry industries. The company specializes in manufacturing both blast furnace coke and foundry coke, offering high‐quality, low‐sulfur coal products that serve as essential inputs in steelmaking and metal casting processes. In addition to coke production, SunCoke provides comprehensive engineering, maintenance and environmental solutions tailored to the needs of integrated steel mills and foundries.
The company operates a network of coke production facilities across the United States, including plants in Indiana, Ohio, West Virginia and Louisiana.
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