Perigon Wealth Management LLC Makes New $2.91 Million Investment in Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

Key Points

• Perigon Wealth Management purchased 59,846 shares of Vista Energy in the fourth quarter—about $2.91 million—representing roughly 0.06% of the company.
• Other institutions also increased or initiated stakes (Goldman Sachs now owns 183,717 shares worth ~$8.55M; RBC boosted its stake 82%; Amundi and Cetera opened new positions), lifting institutional ownership to 63.81%.
• Vista reported Q4 EPS of $0.49 (missing estimates of $1.12) but beat revenue expectations; the stock trades with a market cap of ~$7.47B and a “Moderate Buy” analyst consensus with an average price target of $68.55.

Perigon Wealth Management LLC purchased a new stake in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 59,846 shares of the company's stock, valued at approximately $2,912,000. Perigon Wealth Management LLC owned approximately 0.06% of Vista Energy as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Royal Bank of Canada boosted its stake in shares of Vista Energy by 82.0% during the 1st quarter. Royal Bank of Canada now owns 9,424 shares of the company's stock worth $439,000 after purchasing an additional 4,246 shares during the period. Amundi bought a new stake in Vista Energy in the first quarter worth about $229,000. Goldman Sachs Group Inc. lifted its stake in Vista Energy by 57.7% in the first quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company's stock worth $8,554,000 after purchasing an additional 67,189 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Vista Energy by 11.6% during the second quarter. Geode Capital Management LLC now owns 16,665 shares of the company's stock valued at $797,000 after buying an additional 1,731 shares during the period. Finally, Cetera Investment Advisers purchased a new position in shares of Vista Energy during the second quarter valued at approximately $506,000. 63.81% of the stock is owned by institutional investors.

Vista Energy Stock Performance

Shares of VIST stock opened at $71.62 on Friday. The firm has a market cap of $7.47 billion, a price-to-earnings ratio of 10.72, a PEG ratio of 0.68 and a beta of 0.72. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 52-week low of $31.63 and a 52-week high of $79.20. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.12. The company's 50 day moving average is $61.92 and its 200 day moving average is $50.84.

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

Analysts Set New Price Targets

A number of equities analysts have commented on VIST shares. Zacks Research upgraded shares of Vista Energy from a "strong sell" rating to a "hold" rating in a research note on Friday, March 27th. Weiss Ratings raised Vista Energy from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, March 13th. The Goldman Sachs Group set a $53.20 target price on Vista Energy in a report on Wednesday, December 17th. UBS Group raised Vista Energy from a "neutral" rating to a "buy" rating and increased their price target for the stock from $50.00 to $65.00 in a research report on Sunday, January 11th. Finally, Bank of America assumed coverage on Vista Energy in a research note on Wednesday, February 4th. They set a "buy" rating and a $88.00 price target on the stock. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $68.55.

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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