Venture Global (NYSE:VG – Get Free Report) was upgraded by investment analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued to clients and investors on Thursday, MarketBeat reports. The firm currently has a $17.00 target price on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 35.69% from the company’s previous close.
VG has been the subject of a number of other research reports. Bank of America lifted their target price on shares of Venture Global from $13.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, March 20th. Scotiabank raised their price target on Venture Global from $13.00 to $15.00 and gave the company a “sector perform” rating in a report on Wednesday, May 13th. Raymond James Financial reiterated an “outperform” rating and issued a $16.00 price objective on shares of Venture Global in a research report on Wednesday, May 20th. US Capital Advisors set a $13.00 price objective on Venture Global in a research note on Friday, May 29th. Finally, Royal Bank Of Canada raised their target price on Venture Global from $14.00 to $16.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. Ten investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $16.31.
Check Out Our Latest Analysis on VG
Venture Global Stock Up 1.3%
Venture Global (NYSE:VG – Get Free Report) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.07. The firm had revenue of $4.60 billion during the quarter. Venture Global had a net margin of 16.94% and a return on equity of 26.90%. Venture Global’s quarterly revenue was up 58.9% on a year-over-year basis. Equities analysts predict that Venture Global will post 1.41 EPS for the current fiscal year.
Insider Activity at Venture Global
In other Venture Global news, CFO Jonathan W. Thayer sold 111,111 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $14.27, for a total value of $1,585,553.97. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Thomas Earl sold 1,000,000 shares of Venture Global stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $12.44, for a total value of $12,440,000.00. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 9,031,623 shares of company stock worth $126,010,488. 84.24% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Venture Global
Several large investors have recently made changes to their positions in the company. Blue Trust Inc. boosted its holdings in Venture Global by 1,750.0% in the fourth quarter. Blue Trust Inc. now owns 3,700 shares of the company’s stock valued at $25,000 after acquiring an additional 3,500 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in Venture Global during the 2nd quarter worth about $26,000. MAI Capital Management acquired a new position in Venture Global during the 3rd quarter valued at about $29,000. Harbour Investments Inc. acquired a new position in Venture Global during the 4th quarter valued at about $29,000. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of Venture Global by 218.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,421 shares of the company’s stock valued at $30,000 after purchasing an additional 3,031 shares during the last quarter.
Venture Global News Roundup
Here are the key news stories impacting Venture Global this week:
- Positive Sentiment: US Capital Advisors lifted Venture Global’s earnings forecasts across several periods, including FY2026, FY2027, FY2028, and multiple 2027 quarters, signaling a stronger earnings outlook for Venture Global stock report
- Positive Sentiment: Venture Global announced a quarterly cash dividend of $0.018 per share, which can be a supportive signal for income-focused investors and indicates ongoing shareholder returns.
- Neutral Sentiment: Despite the estimate increases, US Capital Advisors kept its rating at Hold, which tempers the bullish impact of the higher forecasts.
- Neutral Sentiment: The dividend yield is relatively small at about 0.6%, so the payout is not likely to be a major valuation driver on its own.
Venture Global Company Profile
Venture Global (NYSE: VG) is a Houston-based energy company that develops, constructs and operates large-scale liquefied natural gas (LNG) export facilities in the United States. The company focuses on converting domestically produced natural gas into LNG for shipment to international markets, positioning itself as a supplier of pipeline-quality gas in vessel-ready form for global customers.
Venture Global’s core activities include site development, engineering and construction of liquefaction and export terminals, commissioning and ongoing operations of those facilities, and commercial marketing of LNG under both long-term and short-term contracts.
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