Vital Energy, Inc. (NYSE:VTLE) Stock Holdings Lessened by De Lisle Partners LLP

De Lisle Partners LLP lessened its holdings in shares of Vital Energy, Inc. (NYSE:VTLE) by 33.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 24,002 shares of the company’s stock after selling 11,998 shares during the period. De Lisle Partners LLP’s holdings in Vital Energy were worth $647,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. FMR LLC raised its position in shares of Vital Energy by 831.4% during the 3rd quarter. FMR LLC now owns 15,992 shares of the company’s stock worth $430,000 after purchasing an additional 14,275 shares during the period. The Manufacturers Life Insurance Company increased its position in Vital Energy by 3.6% in the third quarter. The Manufacturers Life Insurance Company now owns 14,490 shares of the company’s stock worth $390,000 after buying an additional 503 shares during the period. Pitcairn Co. bought a new stake in Vital Energy in the third quarter valued at $250,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Vital Energy by 29.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 401,302 shares of the company’s stock valued at $10,795,000 after acquiring an additional 90,523 shares during the period. Finally, Intech Investment Management LLC bought a new position in shares of Vital Energy during the third quarter worth about $228,000. Institutional investors and hedge funds own 86.54% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on VTLE. Mizuho reduced their target price on shares of Vital Energy from $42.00 to $39.00 and set a “neutral” rating for the company in a research note on Thursday, October 10th. Wells Fargo & Company raised their target price on Vital Energy from $29.00 to $35.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 19th. BMO Capital Markets reduced their price target on Vital Energy from $48.00 to $40.00 and set a “market perform” rating for the company in a research report on Friday, October 4th. JPMorgan Chase & Co. cut their price objective on shares of Vital Energy from $45.00 to $31.00 and set an “underweight” rating on the stock in a research note on Thursday, September 12th. Finally, Truist Financial decreased their target price on shares of Vital Energy from $66.00 to $48.00 and set a “buy” rating for the company in a research report on Monday, September 30th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $47.09.

Insiders Place Their Bets

In related news, CFO Bryan Lemmerman sold 10,000 shares of the company’s stock in a transaction on Thursday, October 10th. The stock was sold at an average price of $28.54, for a total transaction of $285,400.00. Following the transaction, the chief financial officer now directly owns 77,516 shares of the company’s stock, valued at approximately $2,212,306.64. The trade was a 11.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Kathryn Anne Hill sold 2,023 shares of the firm’s stock in a transaction dated Tuesday, October 8th. The stock was sold at an average price of $30.22, for a total value of $61,135.06. Following the sale, the chief operating officer now owns 29,091 shares of the company’s stock, valued at $879,130.02. The trade was a 6.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 17,168 shares of company stock worth $502,017. Company insiders own 1.20% of the company’s stock.

Vital Energy Stock Up 1.9 %

NYSE VTLE opened at $32.25 on Friday. The company has a market capitalization of $1.23 billion, a P/E ratio of 2.26 and a beta of 3.16. Vital Energy, Inc. has a 12 month low of $25.85 and a 12 month high of $58.30. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.67 and a quick ratio of 0.67. The company’s 50 day simple moving average is $29.16 and its 200 day simple moving average is $36.97.

Vital Energy (NYSE:VTLE) last released its quarterly earnings data on Wednesday, November 6th. The company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.15. The business had revenue of $459.23 million during the quarter, compared to analyst estimates of $461.58 million. Vital Energy had a return on equity of 9.05% and a net margin of 25.09%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same period last year, the company posted $5.16 EPS. Equities research analysts expect that Vital Energy, Inc. will post 6.9 earnings per share for the current fiscal year.

Vital Energy Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.