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flag Institutional investors adjust stakes in SM Energy after strong earnings and revenue growth.

flag The Illinois Municipal Retirement Fund decreased its holdings in SM Energy by 3.8%, selling 3,963 shares, while Diversified Trust Co increased its holdings by 31.8%, adding 6,928 shares. flag SM Energy reported strong earnings of $1.76 per share, exceeding estimates, and announced a quarterly dividend. flag The company's revenue rose 50.8% year-over-year to $844.54 million, beating forecasts. flag Institutional investors hold 94.56% of the stock, with Charles Schwab increasing its stake to 1,255,841 shares.

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