Lazard Asset Management LLC Invests $102.61 Million in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Lazard Asset Management LLC bought a new stake in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) during the 1st quarter, Holdings Channel reports. The institutional investor bought 1,359,618 shares of the company’s stock, valued at approximately $102,610,000.

A number of other large investors also recently bought and sold shares of VIST. Stifel Financial Corp boosted its holdings in shares of Vista Energy by 4.7% in the fourth quarter. Stifel Financial Corp now owns 8,130 shares of the company’s stock valued at $396,000 after acquiring an additional 366 shares in the last quarter. Geode Capital Management LLC raised its holdings in Vista Energy by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 26,436 shares of the company’s stock worth $1,286,000 after purchasing an additional 645 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in Vista Energy by 1,009.2% in the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after purchasing an additional 656 shares during the period. Boston Partners lifted its position in Vista Energy by 9.7% in the fourth quarter. Boston Partners now owns 10,764 shares of the company’s stock valued at $524,000 after purchasing an additional 953 shares during the period. Finally, Platinum Investment Management Ltd. purchased a new stake in Vista Energy in the 4th quarter valued at approximately $67,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Stock Down 4.2%

Vista Energy stock opened at $66.61 on Tuesday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69. The firm has a market capitalization of $6.94 billion, a price-to-earnings ratio of 8.78, a price-to-earnings-growth ratio of 0.58 and a beta of 0.63. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a fifty-two week low of $31.63 and a fifty-two week high of $81.44. The stock’s fifty day moving average is $68.90 and its two-hundred day moving average is $64.63.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Friday, July 17th. The company reported $2.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.15 by ($0.77). Vista Energy had a return on equity of 20.26% and a net margin of 23.56%.The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.19 billion. Analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on VIST. JPMorgan Chase & Co. raised their price target on Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Zacks Research downgraded Vista Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Weiss Ratings upgraded shares of Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. UBS Group increased their price target on shares of Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, HSBC assumed coverage on shares of Vista Energy in a research note on Sunday, June 14th. They issued a “buy” rating and a $95.00 price objective for the company. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.24.

About Vista Energy

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.