NS Partners Ltd Decreases Stock Position in Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

Key Points

• NS Partners reduced its Vista Energy stake by 6.5% in the second quarter, selling 30,100 shares and retaining 431,270 shares valued at approximately $27.5 million. Institutional investors collectively own 63.81% of VIST.
• Analyst sentiment remains broadly positive, with five Buy ratings and one Sell rating producing a “Moderate Buy” consensus and an average price target of $83.24.
• Vista Energy reported quarterly earnings of $2.38 per share, below the $3.15 consensus estimate, while revenue of $1.23 billion exceeded expectations. Shares opened at $71.64, versus a 12-month range of $31.63 to $81.44.

NS Partners Ltd cut its holdings in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 6.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 431,270 shares of the company's stock after selling 30,100 shares during the quarter. Vista Energy accounts for approximately 1.2% of NS Partners Ltd's holdings, making the stock its 28th largest position. NS Partners Ltd owned approximately 0.41% of Vista Energy worth $27,515,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VIST. Janus Henderson Group PLC bought a new position in shares of Vista Energy during the first quarter valued at $5,136,000. Hsbc Holdings PLC increased its holdings in Vista Energy by 1,885.1% in the 1st quarter. Hsbc Holdings PLC now owns 259,794 shares of the company's stock worth $19,623,000 after buying an additional 246,707 shares in the last quarter. Bank of America Corp DE raised its position in Vista Energy by 824.7% in the 1st 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 last quarter. Candriam S.C.A. bought a new position in Vista Energy during the 1st quarter valued at about $20,800,000. Finally, Walleye Capital LLC purchased a new stake in shares of Vista Energy during the 1st quarter valued at about $28,803,000. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VIST. UBS Group boosted their price objective on shares of Vista Energy from $86.00 to $87.00 and gave the company a "buy" rating in a report on Tuesday, May 5th. Weiss Ratings raised shares of Vista Energy from a "buy (b-)" rating to a "buy (b)" rating in a research report on Monday, August 17th. HSBC assumed coverage on shares of Vista Energy in a research report on Sunday, June 14th. They issued a "buy" rating and a $95.00 target price for the company. JPMorgan Chase & Co. increased their price target on Vista Energy from $89.00 to $93.00 and gave the company an "overweight" rating in a report on Tuesday, May 12th. Finally, Zacks Research downgraded Vista Energy from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 4th. Five research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Vista Energy presently has an average rating of "Moderate Buy" and an average price target of $83.24.

Vista Energy Stock Performance

Shares of NYSE VIST opened at $71.64 on Tuesday. The firm has a 50 day moving average of $66.38 and a 200 day moving average of $67.33. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $7.47 billion, a price-to-earnings ratio of 9.45, a price-to-earnings-growth ratio of 0.58 and a beta of 0.62. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 12-month low of $31.63 and a 12-month high of $81.44.

Vista Energy (NYSE:VIST - Get Free Report) last released its quarterly earnings results on Friday, July 17th. The company reported $2.38 earnings per share for the quarter, missing the consensus estimate of $3.15 by ($0.77). The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. Vista Energy had a return on equity of 20.26% and a net margin of 23.56%. On average, research analysts anticipate that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 9.54 earnings per share for the current year.

Vista Energy Profile

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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