Engineers Gate Manager LP Makes New $2.30 Million Investment in Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

Key Points

• Engineers Gate Manager LP acquired 36,090 Vista Energy shares worth approximately $2.30 million in the second quarter. Institutional investors collectively own 63.81% of the company.
• Analyst sentiment remains broadly positive, with five Buy ratings and one Sell rating, producing a consensus “Moderate Buy” rating and an average price target of $83.44.
• Vista Energy’s shares opened at $76.34, near their 52-week high, while quarterly earnings of $2.38 per share fell short of estimates despite revenue exceeding expectations.

Engineers Gate Manager LP bought a new stake in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 36,090 shares of the company's stock, valued at approximately $2,303,000.

Several other institutional investors also recently made changes to their positions in the stock. Capital Research Global Investors lifted its holdings in shares of Vista Energy by 26.2% in the 4th quarter. Capital Research Global Investors now owns 3,335,815 shares of the company's stock worth $162,321,000 after purchasing an additional 693,566 shares during the last quarter. Lazard Asset Management LLC bought a new position in Vista Energy during the 1st quarter worth $102,610,000. Cape Ann Asset Management Ltd grew its stake in Vista Energy by 35.1% during the 1st quarter. Cape Ann Asset Management Ltd now owns 931,842 shares of the company's stock worth $70,326,000 after buying an additional 241,942 shares during the last quarter. Bank of America Corp DE increased its position in Vista Energy by 824.7% in the first quarter. Bank of America Corp DE now owns 928,394 shares of the company's stock worth $70,066,000 after buying an additional 827,997 shares during the period. Finally, Carrhae Capital LLP increased its position in Vista Energy by 20.6% in the fourth quarter. Carrhae Capital LLP now owns 830,212 shares of the company's stock worth $40,398,000 after buying an additional 141,807 shares during the period. 63.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

VIST has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Vista Energy from $93.00 to $94.00 and gave the company an "overweight" rating in a report on Tuesday, September 1st. Weiss Ratings cut shares of Vista Energy from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday, September 1st. HSBC started coverage on shares of Vista Energy in a research report on Sunday, June 14th. They issued a "buy" rating and a $95.00 price objective on the stock. Finally, Zacks Research lowered shares of Vista Energy from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 4th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $83.44.

Vista Energy Trading Up 0.1%

NYSE:VIST opened at $76.34 on Tuesday. The stock has a market cap of $7.96 billion, a price-to-earnings ratio of 10.07, a PEG ratio of 0.68 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 1 year low of $33.37 and a 1 year high of $81.44. The business has a fifty day moving average of $68.84 and a 200-day moving average of $68.72.

Vista Energy (NYSE:VIST - Get Free Report) last issued its quarterly earnings data on Friday, July 17th. The company reported $2.38 earnings per share for the quarter, missing analysts' consensus estimates of $3.15 by ($0.77). The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. Equities analysts predict that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 8.88 earnings per share for the current year.

About Vista Energy

Vista Energy is an independent energy company engaged in the exploration, development and production of oil and natural gas. The company's portfolio is focused primarily on unconventional resources in Argentina's Vaca Muerta shale formation, where it develops oil and gas wells and related production infrastructure.

Vista's operations include drilling, completion, processing and transportation activities, as well as the marketing of crude oil, natural gas and associated hydrocarbons. Its assets are concentrated in the Neuquén Basin, including the Bajada del Palo development, one of the company's principal operating areas.

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