Tectonic Advisors 13F: Exits Liberty Energy (LBRT) Stake

Tectonic Advisors sold its entire stake in Liberty Energy Inc. LBRT, unloading all 33,563 shares it previously held. The complete exit was revealed in a Form 13F filing with the SEC on October 22, 2026.

LBRT Liberty Energy Inc.

$15.38 ▼ -17.67% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Tectonic Advisors's Liberty Energy Position

Tectonic Advisors completely closed out its investment in the energy services provider by shedding 33,563 shares. The firm went from holding 33,563 shares down to zero, marking a 100.0% reduction and a full exit from the stock.

Other Institutional Activity in Liberty Energy

Other large money managers adjusted their positions in Liberty Energy around the same reporting cycle. American Century Companies Inc grew its holdings by shedding 772,283 shares, ending with 6,927,445 shares worth about $106,544,104 for a 10.0% decrease. Franklin Resources, Inc. grew its holdings by 266,982 shares, ending with 4,234,025 shares worth about $65,119,304 for a 6.7% increase. Frontier Capital Management Company LLC grew its holdings by 1,226,421 shares, ending with 3,720,666 shares worth about $57,223,843 for a 49.2% increase. Nomura Asset Management International Inc grew its holdings by 245,708 shares, ending with 3,648,861 shares worth about $56,119,482 for a 7.2% increase.

Liberty Energy Inc. Stock Holds Steady

Liberty Energy shares recently traded around $16.69 as of October 23, 2026, sitting 51.6% below its 52-week high of $34.48 and 13.1% above its 52-week low of $14.76. The stock trades below its 50-day moving average of $19.19 and below its 200-day moving average of $24.83.

Recent Earnings

Liberty Energy generated trailing-twelve-month revenue of $4,444,673,024 with a trailing earnings per share of $0.24. The firm posted a net profit margin of 0.9% alongside a return on equity of 2.0% and a year-over-year revenue growth of 26.3%. The company's next earnings report is scheduled for January 27, 2027.

Dividend

Liberty Energy pays an annual dividend rate of $0.36 per share, giving it a dividend yield of 2.34% with a dividend payout ratio of 47.3%.

Insider Buying and Selling at Liberty Energy Inc.

Chief Financial Officer Michael David Stock made several share dispositions in recent months. On August 4, 2026, the officer sold 6,666 shares for a total value of $126,487. Later, on September 1, 2026, the officer sold 6,666 shares at an average price of $19.84 for a total value of $132,253. On October 1, 2026, the officer sold 3,333 shares at an average price of $18.17 for a total value of $60,561. Most recently, on October 6, 2026, the officer sold 3,333 shares at an average price of $20.00 for a total value of $66,660.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On September 29, 2026, Scotiabank initiates the stock with a Sector Perform rating and a $19.0 price target. On September 30, 2026, Citigroup maintains the stock with a Buy rating and a $27.5 price target, down from $28.5. On September 30, 2026, UBS maintains the stock with a Buy rating and a $31.0 price target, down from $35.0. On October 14, 2026, Morgan Stanley maintains the stock with an Overweight rating and a $28.0 price target, down from $30.0. On October 19, 2026, Piper Sandler maintains the stock with an Overweight rating and a $29.0 price target, down from $30.0. Overall, the stock carries a consensus buy recommendation from 14 analysts with a mean price target of $27.25.

About Liberty Energy

Headquartered in Denver, Colorado, Liberty Energy provides hydraulic fracturing services and related technologies to onshore oil, natural gas, and geothermal exploration companies across North America. The company employs approximately 5,800 people and supports oil and gas operators with specialized equipment and technical services.

Bottom Line

Tectonic Advisors's full exit removes its name from the list of institutional holders for Liberty Energy. Investors will monitor upcoming institutional reports and the next earnings release on January 27, 2027, to track how fund managers and the business perform next.