Grantham Mayo Van Otterloo & Co. LLC Has $33.81 Million Stake in Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

Key Points

• Grantham Mayo Van Otterloo & Co. LLC cut its stake in Vista Energy by 6.8% in Q3, holding 982,908 shares (about 0.94% of the company) worth approximately $33.81 million after selling 72,000 shares.
• Vista Energy missed quarterly EPS expectations ($0.49 vs. $1.12 expected) but reported revenue of $719.06 million and a net margin of 29.06%; institutional ownership stands at about 63.81%.
• The stock is trading near its 52-week high (opened at $62.82 vs. a $64.00 high), has a $6.55 billion market cap, and carries a consensus analyst rating of Moderate Buy with a $68.55 price target after several upgrades and raised targets from major banks.

Grantham Mayo Van Otterloo & Co. LLC reduced its holdings in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 6.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 982,908 shares of the company's stock after selling 72,000 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.94% of Vista Energy worth $33,812,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. bought a new stake in Vista Energy in the 2nd quarter valued at $163,000. Kapitalo Investimentos Ltda bought a new position in Vista Energy during the third quarter worth $202,000. Channing Global Advisors LLC increased its holdings in shares of Vista Energy by 47.6% in the second quarter. Channing Global Advisors LLC now owns 4,534 shares of the company's stock valued at $217,000 after purchasing an additional 1,462 shares during the last quarter. Amundi acquired a new position in shares of Vista Energy in the first quarter valued at $229,000. Finally, Canal Capital Management LLC bought a new position in shares of Vista Energy in the second quarter valued at about $272,000. 63.81% of the stock is owned by institutional investors and hedge funds.

Vista Energy Trading Up 3.2%

Shares of Vista Energy stock opened at $62.82 on Monday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a 50-day moving average of $53.80 and a 200-day moving average of $46.60. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 52-week low of $31.63 and a 52-week high of $64.00. The stock has a market cap of $6.55 billion, a PE ratio of 9.40, a PEG ratio of 3.06 and a beta of 0.84.

Vista Energy (NYSE:VIST - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.49 EPS for the quarter, missing analysts' consensus estimates of $1.12 by ($0.63). Vista Energy had a return on equity of 15.65% and a net margin of 29.06%.The business had revenue of $719.06 million for the quarter, compared to the consensus estimate of $679.81 million. As a group, sell-side analysts forecast that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on VIST. UBS Group upgraded shares of Vista Energy from a "neutral" rating to a "buy" rating and raised their target price for the stock from $50.00 to $65.00 in a research note on Sunday, January 11th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Vista Energy in a research note on Monday, December 29th. The Goldman Sachs Group set a $53.20 price objective on shares of Vista Energy in a research report on Wednesday, December 17th. Bank of America initiated coverage on Vista Energy in a report on Wednesday, February 4th. They set a "buy" rating and a $88.00 price objective for the company. Finally, JPMorgan Chase & Co. upped their target price on Vista Energy from $56.00 to $68.00 and gave the company an "overweight" rating in a research report on Thursday, November 13th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Vista Energy has a consensus rating of "Moderate Buy" and a consensus price target of $68.55.

About Vista Energy

Vista Energy NYSE: VIST is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.

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