5 Best LNG Stocks to Buy Now

3. Cheniere Energy, Inc. (NYSE:LNG)

Number of Hedge Fund Holders: 49

By the end of the third quarter of 2021, 49 hedge funds out of the elite 867 tracked by Insider Monkey held stakes in Cheniere Energy, Inc. (NYSE:LNG) worth $3.10 billion. This is compared to 49 positions in the previous quarter, with a total stake value of $2.94 billion. The hedge fund sentiment surrounding the stock can be observed to be positive.

On October 25, Morgan Stanley analyst Devin McDermott raised his price target on Cheniere Energy, Inc. (NYSE:LNG) to $132 from $94 and reiterated an Overweight rating on the shares. The analyst highlighted that the stock price of the company has risen 110% over the past year as the company has now beaten expectations and raised guidance for three consecutive quarters.

Cheniere Energy, Inc. (NYSE:LNG) reported its third-quarter earnings in September 2021. The company has generated a revenue of $3.20 billion, which indicates year-over-year growth of 119.18%.

According to the September filings, Icahn Capital LP  holds the most shares of Cheniere Energy, Inc. (NYSE:LNG). The fund is in possession of more than 16.16 million shares of the stock, worth roughly $1.57 billion.