Cheniere Energy Partners (NYSE:CQP) Stock Price Target Lowered at Wells Fargo & Company

Cheniere Energy Partners (NYSE:CQP) had its target price reduced by Wells Fargo & Company from $62.00 to $60.00 in a research report report published on Friday morning,Benzinga reports. They currently have an underweight rating on the stock.

A number of other analysts have also weighed in on CQP. Royal Bank Of Canada increased their price objective on shares of Cheniere Energy Partners from $62.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Monday, August 24th. JPMorgan Chase & Co. boosted their target price on shares of Cheniere Energy Partners from $64.00 to $65.00 and gave the company an “underweight” rating in a research report on Friday, September 4th. Barclays upped their price target on shares of Cheniere Energy Partners from $63.00 to $66.00 and gave the company an “underweight” rating in a report on Friday, August 7th. Finally, Weiss Ratings raised Cheniere Energy Partners from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $62.25.

Cheniere Energy Partners Price Performance

Shares of NYSE CQP opened at $66.44 on Friday. Cheniere Energy Partners has a 52 week low of $49.76 and a 52 week high of $71.25. The business’s 50 day moving average price is $65.60 and its 200 day moving average price is $63.30. The company has a quick ratio of 1.09, a current ratio of 1.22 and a debt-to-equity ratio of 19.01. The firm has a market cap of $32.16 billion, a P/E ratio of 15.12 and a beta of 0.34.

Cheniere Energy Partners (NYSE:CQP) last posted its quarterly earnings results on Thursday, October 29th. The company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.03. Cheniere Energy Partners had a net margin of 28.05% and a return on equity of 636.60%. The company had revenue of $2.57 billion during the quarter. During the same period in the prior year, the business posted $0.80 earnings per share. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. On average, sell-side analysts expect that Cheniere Energy Partners will post 4.35 earnings per share for the current year.

Cheniere Energy Partners Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Tuesday, November 3rd will be paid a dividend of $0.1150 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, November 3rd. This is a negative change from Cheniere Energy Partners’s previous quarterly dividend of $0.7750. Cheniere Energy Partners’s dividend payout ratio is 56.26%.

Hedge Funds Weigh In On Cheniere Energy Partners

Several institutional investors have recently made changes to their positions in the company. Abacus FCF Advisors LLC boosted its holdings in Cheniere Energy Partners by 161.2% during the second quarter. Abacus FCF Advisors LLC now owns 195,939 shares of the company’s stock worth $11,942,000 after buying an additional 120,937 shares in the last quarter. NEOS Investment Management LLC grew its position in Cheniere Energy Partners by 39.4% during the second quarter. NEOS Investment Management LLC now owns 352,339 shares of the company’s stock valued at $21,475,000 after buying an additional 99,542 shares during the period. Infrastructure Capital Advisors LLC grew its position in Cheniere Energy Partners by 43.3% during the first quarter. Infrastructure Capital Advisors LLC now owns 226,611 shares of the company’s stock valued at $14,646,000 after buying an additional 68,436 shares during the period. Bank of New York Mellon Corp purchased a new position in Cheniere Energy Partners in the second quarter valued at $371,000. Finally, EP Wealth Advisors LLC purchased a new position in Cheniere Energy Partners in the second quarter valued at $334,000. 46.55% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Cheniere Energy Partners

Here are the key news stories impacting Cheniere Energy Partners this week:

• Positive Sentiment: Strong quarterly results and distribution outlook: Third-quarter revenue increased 7.1% year over year to $2.57 billion, while net income rose 26% to $639 million and adjusted EBITDA reached $954 million. Reported EPS of $1.01 exceeded the broad consensus estimate of $0.98, although it was below FactSet’s $1.06 estimate. The partnership tightened its 2026 distribution guidance to $3.30-$3.40 per unit, declared a $0.890 quarterly distribution payable November 13, and maintained its $3.10 base distribution. Cheniere Energy Partners Q3 Earnings, Revenue Increase
• Positive Sentiment: Long-term LNG contract adds visibility: Sabine Pass Liquefaction signed a long-term agreement with QatarEnergy for up to 2 million tonnes per annum beginning in the early 2030s and running through 2054. The deal supports future cash-flow visibility, although its financial benefits are several years away. Cheniere Partners Q3 Revenue Rises 7%
• Neutral Sentiment: Mixed analyst view: Morgan Stanley raised its price target from $62 to $63 but retained an “equal weight” rating. The new target remains below the recent trading level, signaling limited near-term upside in the firm’s view. Morgan Stanley stock recommendations
• Negative Sentiment: Wells Fargo turned more cautious: The firm lowered its price target from $62 to $60 and maintained an “underweight” rating, implying roughly 10% downside based on the cited reference price. Wells Fargo stock recommendations
• Negative Sentiment: Forward estimates were reduced: US Capital Advisors cut its 2026 EPS forecast to $4.28 from $4.45, reduced its 2027 estimate to $3.92 from $3.94, and lowered its fourth-quarter forecast to $1.08 from $1.16. It modestly raised its 2028 estimate to $3.71 from $3.66, but the overall revisions point to expectations for slower earnings growth. CQP Stock Gets Weaker EPS Estimate from US Capital Advisors

Cheniere Energy Partners Company Profile

Cheniere Energy Partners, L.P. (NYSE:CQP) is a publicly traded master limited partnership focused on the development, ownership and operation of liquefied natural gas (LNG) infrastructure. The partnership is sponsored by Cheniere Energy, Inc, a leading U.S. LNG company, through its ownership of Cheniere Energy Partners GP, LLC.

CQP’s principal assets include the Sabine Pass LNG facility in Cameron Parish, Louisiana, and interests associated with the Corpus Christi LNG facility in Texas.