Vital Energy, Inc. (NYSE:VTLE) Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC grew its holdings in shares of Vital Energy, Inc. (NYSE:VTLE) by 4,448.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,776 shares of the company’s stock after purchasing an additional 4,671 shares during the period. International Assets Investment Management LLC’s holdings in Vital Energy were worth $217,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of VTLE. PNC Financial Services Group Inc. grew its position in shares of Vital Energy by 18.5% during the third quarter. PNC Financial Services Group Inc. now owns 1,754 shares of the company’s stock worth $97,000 after acquiring an additional 274 shares during the last quarter. SkyView Investment Advisors LLC grew its position in shares of Vital Energy by 3.3% during the third quarter. SkyView Investment Advisors LLC now owns 14,495 shares of the company’s stock worth $804,000 after acquiring an additional 461 shares during the last quarter. Centerpoint Advisors LLC grew its position in shares of Vital Energy by 31.7% during the third quarter. Centerpoint Advisors LLC now owns 2,075 shares of the company’s stock worth $115,000 after acquiring an additional 500 shares during the last quarter. BluePath Capital Management LLC bought a new position in shares of Vital Energy during the third quarter worth about $31,000. Finally, Arizona State Retirement System grew its position in shares of Vital Energy by 19.0% during the fourth quarter. Arizona State Retirement System now owns 5,670 shares of the company’s stock worth $258,000 after acquiring an additional 905 shares during the last quarter. 86.54% of the stock is owned by institutional investors and hedge funds.

Vital Energy Stock Performance

NYSE:VTLE opened at $55.18 on Friday. Vital Energy, Inc. has a twelve month low of $40.00 and a twelve month high of $62.87. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.58. The company has a 50-day moving average of $51.87 and a 200-day moving average of $48.13. The firm has a market cap of $2.02 billion, a price-to-earnings ratio of 1.68 and a beta of 3.24.

Vital Energy (NYSE:VTLE) last posted its quarterly earnings data on Wednesday, February 21st. The company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.11. Vital Energy had a net margin of 44.91% and a return on equity of 17.60%. The company had revenue of $444.52 million during the quarter, compared to analyst estimates of $440.85 million. During the same quarter last year, the firm posted $3.49 EPS. The business’s revenue for the quarter was up 22.1% on a year-over-year basis. Analysts forecast that Vital Energy, Inc. will post 9.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on VTLE. Mizuho upped their price target on shares of Vital Energy from $54.00 to $55.00 and gave the stock a “neutral” rating in a research report on Monday, April 15th. Wells Fargo & Company upped their price target on shares of Vital Energy from $51.00 to $57.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 18th. Piper Sandler decreased their target price on shares of Vital Energy from $54.00 to $52.00 and set a “neutral” rating for the company in a research report on Friday, April 19th. Raymond James increased their target price on shares of Vital Energy from $53.00 to $56.00 and gave the company an “outperform” rating in a research report on Wednesday, January 24th. Finally, Stifel Nicolaus increased their target price on shares of Vital Energy from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday, April 23rd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $59.40.

Vital Energy Company 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.