Is T1 Energy a Buy After Encompass Capital Advisors Increased Its Position by 21.5 Million Shares?

05.03.26 19:28 Uhr

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According to a filing with the U.S. Securities and Exchange Commission dated February 17, 2026, Encompass Capital Advisors LLC acquired 21,504,901 additional shares of T1 Energy (NYSE:TE). The estimated value of this transaction, based on the average closing price during the quarter, was $94.89 million. The quarter-end value of the position rose by $204.24 million, reflecting both the purchase and changes in the stock’s price.This buy increased the stake to 9.53% of the fund’s reportable U.S. equity assets as of December 31, 2025.Top holdings after the filing:Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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