Vital Energy, Inc. (NYSE:VTLE) Shares Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC increased its stake in shares of Vital Energy, Inc. (NYSE:VTLE) by 19.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,234 shares of the company’s stock after purchasing an additional 1,960 shares during the quarter. Yousif Capital Management LLC’s holdings in Vital Energy were worth $557,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Vital Energy by 9.5% during the 3rd quarter. Vanguard Group Inc. now owns 1,319,403 shares of the company’s stock worth $73,121,000 after purchasing an additional 114,629 shares during the last quarter. Invesco Ltd. lifted its holdings in Vital Energy by 27.5% during the 3rd quarter. Invesco Ltd. now owns 516,299 shares of the company’s stock worth $28,613,000 after buying an additional 111,320 shares during the last quarter. Smith Graham & Co. Investment Advisors LP acquired a new position in shares of Vital Energy during the 3rd quarter worth about $6,165,000. Schwerin Boyle Capital Management Inc. purchased a new position in shares of Vital Energy in the 3rd quarter valued at about $3,658,000. Finally, Tudor Investment Corp Et Al acquired a new stake in shares of Vital Energy during the 3rd quarter worth about $3,067,000. Hedge funds and other institutional investors own 86.54% of the company’s stock.

Analyst Upgrades and Downgrades

VTLE has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their price target on Vital Energy from $48.00 to $51.00 and gave the company an “underweight” rating in a report on Thursday, April 11th. Mizuho increased their target price on shares of Vital Energy from $54.00 to $55.00 and gave the company a “neutral” rating in a research report on Monday, April 15th. Wells Fargo & Company boosted their price target on shares of Vital Energy from $51.00 to $57.00 and gave the company an “equal weight” rating in a research report on Thursday, April 18th. Stifel Nicolaus raised 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, Piper Sandler reduced their target price on Vital Energy from $54.00 to $52.00 and set a “neutral” rating for the company in a report on Friday, April 19th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $59.40.

Vital Energy Stock Up 1.5 %

VTLE opened at $51.65 on Monday. Vital Energy, Inc. has a 52 week low of $40.00 and a 52 week high of $62.87. The business has a 50 day moving average price of $52.44 and a two-hundred day moving average price of $47.97. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.58. The company has a market cap of $1.89 billion, a PE ratio of 1.57 and a beta of 3.23.

Vital Energy (NYSE:VTLE) last released its quarterly earnings results on Wednesday, February 21st. The company reported $2.55 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $440.85 million. During the same quarter in the prior year, the business earned $3.49 earnings per share. The company’s quarterly revenue was up 22.1% compared to the same quarter last year. As a group, research analysts anticipate that Vital Energy, Inc. will post 9.13 EPS 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.