Aptus Capital Advisors LLC Has $3.39 Million Holdings in Permian Resources Corporation $PR

Aptus Capital Advisors LLC lifted its position in Permian Resources Corporation (NYSE:PR) by 11.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 264,714 shares of the company’s stock after buying an additional 28,032 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Permian Resources were worth $3,388,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PR. AQR Capital Management LLC grew its position in shares of Permian Resources by 69.2% in the 1st quarter. AQR Capital Management LLC now owns 149,696 shares of the company’s stock valued at $2,060,000 after acquiring an additional 61,230 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Permian Resources by 18.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,452,127 shares of the company’s stock valued at $75,512,000 after purchasing an additional 852,347 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Permian Resources by 7.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,209,457 shares of the company’s stock valued at $16,751,000 after purchasing an additional 87,105 shares during the period. Envestnet Asset Management Inc. lifted its stake in Permian Resources by 6.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 898,087 shares of the company’s stock valued at $12,232,000 after purchasing an additional 54,680 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in Permian Resources by 180.1% in the 2nd quarter. Bank of Montreal Can now owns 68,431 shares of the company’s stock valued at $932,000 after purchasing an additional 153,851 shares during the last quarter. 91.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP John Charles Bell sold 158,385 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $18.39, for a total value of $2,912,700.15. Following the completion of the sale, the executive vice president directly owned 1,567,172 shares in the company, valued at $28,820,293.08. The trade was a 9.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Guy M. Oliphint sold 4,999 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $18.28, for a total value of $91,381.72. Following the completion of the transaction, the executive vice president directly owned 605,272 shares in the company, valued at approximately $11,064,372.16. This represents a 0.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,965,093 shares of company stock worth $62,487,101 over the last three months. 6.44% of the stock is currently owned by corporate insiders.

Permian Resources Stock Up 0.2%

Shares of PR opened at $18.88 on Friday. The firm has a market cap of $15.66 billion, a P/E ratio of 15.10 and a beta of 0.66. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.78 and a current ratio of 0.78. Permian Resources Corporation has a 52 week low of $10.01 and a 52 week high of $19.38. The firm’s 50-day simple moving average is $15.99 and its 200 day simple moving average is $14.39.

Permian Resources (NYSE:PR) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.09. Permian Resources had a net margin of 18.46% and a return on equity of 10.83%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the business posted $0.36 earnings per share. The business’s revenue for the quarter was down 9.8% compared to the same quarter last year. On average, analysts forecast that Permian Resources Corporation will post 1.45 earnings per share for the current year.

Permian Resources Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 17th. This is an increase from Permian Resources’s previous quarterly dividend of $0.15. Permian Resources’s payout ratio is 48.00%.

Permian Resources News Summary

Here are the key news stories impacting Permian Resources this week:

• Positive Sentiment: Piper Sandler raised its price target to $24 and moved to an “overweight” rating, implying material upside and likely supporting buying interest. Piper Sandler raises target
• Positive Sentiment: UBS increased its target to $23 and kept a “buy” rating, another buy-side endorsement that can attract institutional flows. UBS raises target
• Positive Sentiment: Citigroup lifted its target to $21 and reiterated a “buy” note, adding to the cluster of upgrades. Citigroup raises target
• Positive Sentiment: Permian raised its quarterly dividend to $0.16 (ex‑div Mar 17; payable Mar 31), increasing yield and making the shares more attractive to income-focused investors. MarketBeat — Dividend announcement
• Positive Sentiment: Large institutional purchases reported earlier (BNY Mellon, Vanguard, Millennium et al.) show heavy institutional ownership and recent inflows that can support the stock on positive news. MarketBeat — Institutional holdings
• Neutral Sentiment: Q4 results were mixed — EPS beat ($0.37 vs. $0.28) but revenue missed and was down ~9.8% YoY. The print supports valuation but raises questions on top-line momentum. MarketBeat — Q4 results
• Neutral Sentiment: Analyst coverage roundup (Benzinga) highlights divergent targets/ratings — useful context for trading but not a single directional catalyst. Benzinga analyst roundup
• Negative Sentiment: Clustered insider selling: multiple senior executives disclosed multi‑million‑dollar sales (including large blocks by the CEO and other EVPs). Heavy insider dispositions can sap sentiment and raise questions about timing/intent. InsiderTrades — Insider selling
• Negative Sentiment: Benchmark downgraded PR from “buy” to “hold,” which could reduce urgency among some buy‑side managers despite other upgrades. MSN — Benchmark downgrade

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on PR shares. Piper Sandler boosted their price target on Permian Resources from $20.00 to $24.00 and gave the stock an “overweight” rating in a research report on Thursday. UBS Group raised their price objective on Permian Resources from $19.00 to $23.00 and gave the company a “buy” rating in a research report on Thursday. TD Cowen upgraded Permian Resources to a “strong-buy” rating in a research note on Monday, February 9th. The Goldman Sachs Group boosted their target price on Permian Resources from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, November 14th. Finally, Morgan Stanley dropped their price target on Permian Resources from $19.00 to $18.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Permian Resources has an average rating of “Moderate Buy” and a consensus target price of $19.69.

Permian Resources Profile

Permian Resources (NYSE: PR) is an independent exploration and production company focused on the acquisition, development and optimization of oil and natural gas assets in the Permian Basin. The company’s operations encompass all phases of upstream activity, including geological and geophysical analysis, drilling, completion and production. By employing horizontal drilling and hydraulic fracturing technologies, Permian Resources aims to efficiently unlock hydrocarbon reserves and deliver consistent production growth.

Headquartered in Oklahoma City, Permian Resources concentrates its asset portfolio in the Delaware and Midland sub-basins of West Texas and southeastern New Mexico.