Stifel Financial Corp Has $943,000 Holdings in Vital Energy, Inc. (NYSE:VTLE)

Stifel Financial Corp lowered its position in Vital Energy, Inc. (NYSE:VTLE - Free Report) by 55.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 30,486 shares of the company's stock after selling 37,979 shares during the period. Stifel Financial Corp owned 0.08% of Vital Energy worth $943,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of VTLE. Sterling Capital Management LLC increased its position in shares of Vital Energy by 805.9% during the 4th quarter. Sterling Capital Management LLC now owns 915 shares of the company's stock valued at $28,000 after purchasing an additional 814 shares during the last quarter. R Squared Ltd purchased a new stake in Vital Energy in the 4th quarter worth approximately $34,000. Nisa Investment Advisors LLC grew its holdings in shares of Vital Energy by 276.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,093 shares of the company's stock worth $34,000 after purchasing an additional 803 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Vital Energy by 247.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,553 shares of the company's stock worth $48,000 after purchasing an additional 1,106 shares in the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. bought a new stake in Vital Energy in the fourth quarter worth $96,000. 86.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Vital Energy

In related news, CFO Bryan Lemmerman sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $20.73, for a total transaction of $207,300.00. Following the completion of the sale, the chief financial officer now owns 97,556 shares in the company, valued at $2,022,335.88. The trade was a 9.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Richard D. Campbell purchased 5,000 shares of Vital Energy stock in a transaction dated Thursday, April 3rd. The stock was acquired at an average cost of $17.75 per share, with a total value of $88,750.00. Following the completion of the acquisition, the insider now directly owns 43,072 shares in the company, valued at approximately $764,528. This trade represents a 13.13% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have sold 21,647 shares of company stock valued at $448,742. 1.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have commented on VTLE. Raymond James lowered their price target on Vital Energy from $44.00 to $30.00 and set an "outperform" rating for the company in a research report on Monday, March 10th. Williams Trading set a $27.00 price target on Vital Energy in a report on Wednesday, March 5th. JPMorgan Chase & Co. cut their price objective on Vital Energy from $34.00 to $23.00 and set an "underweight" rating for the company in a report on Thursday, March 13th. Mizuho decreased their target price on Vital Energy from $29.00 to $23.00 and set a "neutral" rating on the stock in a report on Tuesday. Finally, Siebert Williams Shank cut shares of Vital Energy from a "buy" rating to a "hold" rating and decreased their target price for the stock from $62.00 to $27.00 in a research note on Wednesday, March 5th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $30.36.

Vital Energy Price Performance

Shares of Vital Energy stock traded down $1.53 during trading hours on Thursday, reaching $16.55. The stock had a trading volume of 809,937 shares, compared to its average volume of 1,077,183. Vital Energy, Inc. has a twelve month low of $12.30 and a twelve month high of $51.71. The company has a current ratio of 0.78, a quick ratio of 0.67 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $640.52 million, a PE ratio of -3.47 and a beta of 1.53. The stock's 50 day moving average is $17.35 and its 200 day moving average is $26.29.

Vital Energy (NYSE:VTLE - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported $2.37 EPS for the quarter, beating analysts' consensus estimates of $2.11 by $0.26. Vital Energy had a positive return on equity of 9.48% and a negative net margin of 8.89%. The business had revenue of $512.18 million during the quarter, compared to analysts' expectations of $528.76 million. During the same period in the previous year, the business earned $1.84 earnings per share. The business's revenue was up 6.2% compared to the same quarter last year. Equities analysts expect that Vital Energy, Inc. will post 8.49 earnings per share for the current fiscal year.

About Vital Energy

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.