Vital Energy, Inc. (NYSE:VTLE) Shares Bought by Fisher Asset Management LLC

Fisher Asset Management LLC boosted its stake in shares of Vital Energy, Inc. (NYSE:VTLE - Free Report) by 55.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,352 shares of the company's stock after buying an additional 18,665 shares during the period. Fisher Asset Management LLC owned approximately 0.18% of Vital Energy worth $2,381,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Victory Capital Management Inc. increased its holdings in shares of Vital Energy by 117.9% in the 4th quarter. Victory Capital Management Inc. now owns 51,106 shares of the company's stock worth $2,325,000 after purchasing an additional 27,656 shares in the last quarter. Yousif Capital Management LLC increased its holdings in shares of Vital Energy by 19.1% in the 4th quarter. Yousif Capital Management LLC now owns 12,234 shares of the company's stock worth $557,000 after purchasing an additional 1,960 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of Vital Energy in the 4th quarter worth $33,000. Capital Advisors Inc. OK bought a new stake in shares of Vital Energy in the 4th quarter worth $1,410,000. Finally, Louisiana State Employees Retirement System bought a new stake in shares of Vital Energy in the fourth quarter worth $564,000. Institutional investors own 86.54% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on the company. Truist Financial cut their price objective on Vital Energy from $86.00 to $77.00 and set a "buy" rating for the company in a report on Friday, April 5th. Mizuho lifted their price objective on Vital Energy from $54.00 to $55.00 and gave the stock a "neutral" rating in a report on Monday, April 15th. JPMorgan Chase & Co. lifted their price objective on Vital Energy from $48.00 to $51.00 and gave the stock an "underweight" rating in a report on Thursday, April 11th. Stifel Nicolaus lifted their price objective on Vital Energy from $70.00 to $75.00 and gave the stock a "buy" rating in a report on Tuesday, April 23rd. Finally, KeyCorp lifted their price objective on Vital Energy from $55.00 to $63.00 and gave the stock an "overweight" rating in a report on Monday, April 22nd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $59.40.

Vital Energy Stock Performance

NYSE VTLE traded down $1.69 on Thursday, hitting $51.39. 1,499,524 shares of the company traded hands, compared to its average volume of 737,380. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 1.61 and a beta of 3.23. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.58. The business's 50 day moving average price is $52.71 and its 200-day moving average price is $47.98. Vital Energy, Inc. has a 52-week low of $40.00 and a 52-week high of $62.87.

Vital Energy (NYSE:VTLE - Get Free Report) last announced its quarterly earnings data on Wednesday, February 21st. The company reported $2.55 EPS for the quarter, beating the consensus estimate of $2.44 by $0.11. Vital Energy had a return on equity of 17.60% and a net margin of 44.91%. The business had revenue of $444.52 million for the quarter, compared to the consensus estimate of $440.85 million. During the same period in the previous year, the business earned $3.49 earnings per share. The business's revenue was up 22.1% on a year-over-year basis. Equities analysts expect that Vital Energy, Inc. will post 9.13 earnings per share for the current year.

Vital Energy Company Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.