60,563 Shares in Chord Energy Corporation $CHRD Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new stake in shares of Chord Energy Corporation (NASDAQ:CHRD) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 60,563 shares of the company’s stock, valued at approximately $6,018,000. WINTON GROUP Ltd owned approximately 0.11% of Chord Energy at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CHRD. Victory Capital Management Inc. raised its holdings in shares of Chord Energy by 5.4% during the third quarter. Victory Capital Management Inc. now owns 3,166,564 shares of the company’s stock valued at $314,661,000 after purchasing an additional 163,125 shares during the last quarter. Geode Capital Management LLC increased its holdings in Chord Energy by 1.0% during the second quarter. Geode Capital Management LLC now owns 1,890,420 shares of the company’s stock valued at $183,112,000 after buying an additional 19,227 shares during the last quarter. American Century Companies Inc. raised its position in Chord Energy by 15.5% in the second quarter. American Century Companies Inc. now owns 1,337,079 shares of the company’s stock worth $129,496,000 after acquiring an additional 179,209 shares during the period. Sourcerock Group LLC boosted its stake in shares of Chord Energy by 2.1% during the 2nd quarter. Sourcerock Group LLC now owns 1,031,973 shares of the company’s stock worth $99,947,000 after acquiring an additional 20,916 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. boosted its stake in shares of Chord Energy by 22.2% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 990,381 shares of the company’s stock worth $95,918,000 after acquiring an additional 180,000 shares during the last quarter. Institutional investors own 97.76% of the company’s stock.

Wall Street Analyst Weigh In

CHRD has been the subject of a number of recent research reports. Morgan Stanley cut their price objective on Chord Energy from $123.00 to $114.00 and set an “equal weight” rating for the company in a research note on Friday, January 23rd. Jefferies Financial Group set a $99.00 price target on shares of Chord Energy in a report on Saturday, January 17th. Scotiabank reissued a “sector perform” rating and issued a $114.00 price objective on shares of Chord Energy in a research note on Friday, January 16th. Zacks Research raised shares of Chord Energy from a “strong sell” rating to a “hold” rating in a report on Friday. Finally, Weiss Ratings lowered Chord Energy from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 2nd. Eight investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Chord Energy presently has an average rating of “Moderate Buy” and an average target price of $125.91.

Insider Buying and Selling

In related news, Director Douglas E. Brooks sold 2,126 shares of the firm’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $120.28, for a total value of $255,715.28. Following the transaction, the director owned 25,181 shares of the company’s stock, valued at $3,028,770.68. This trade represents a 7.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Shannon Browning Kinney sold 1,801 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $114.36, for a total value of $205,962.36. Following the transaction, the executive vice president owned 20,188 shares in the company, valued at $2,308,699.68. The trade was a 8.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,927 shares of company stock worth $1,029,978 over the last three months. 0.70% of the stock is owned by insiders.

Chord Energy Trading Up 1.5%

Chord Energy stock opened at $123.22 on Tuesday. Chord Energy Corporation has a 1 year low of $79.83 and a 1 year high of $127.56. The firm’s 50 day moving average price is $100.06 and its 200-day moving average price is $97.69. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.98. The stock has a market cap of $7.00 billion, a P/E ratio of 195.59 and a beta of 0.84.

Chord Energy (NASDAQ:CHRD) last posted its earnings results on Wednesday, February 25th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.11. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Chord Energy had a net margin of 0.91% and a return on equity of 6.71%. Chord Energy’s quarterly revenue was down 19.6% on a year-over-year basis. During the same period last year, the company posted $3.49 earnings per share. On average, equities analysts predict that Chord Energy Corporation will post 15.59 earnings per share for the current fiscal year.

Chord Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Thursday, March 12th will be issued a $1.30 dividend. The ex-dividend date is Thursday, March 12th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 4.2%. Chord Energy’s payout ratio is 825.40%.

Chord Energy News Summary

Here are the key news stories impacting Chord Energy this week:

• Positive Sentiment: UBS raised its price target on CHRD to $142, signaling stronger analyst conviction about the company’s outlook — a direct positive for investor sentiment and buys. UBS Raises CHRD Price Target
• Positive Sentiment: Another outlet reports a raised price target to $120, adding to the cluster of upward revisions that support current momentum. Price Target Raised to $120
• Neutral Sentiment: A Yahoo Finance piece outlines shifting investment narratives and conflicting analyst assumptions for CHRD — useful context for understanding why some analysts differ but not an immediate buy/sell signal. How The CHRD Investment Story Is Shifting
• Neutral Sentiment: The Globe and Mail notes a rating update from a top analyst; specifics matter (upgrade vs. reiteration) but the mention reinforces why analyst flows are moving the stock. Rating Update from a Top Analyst
• Neutral Sentiment: Reported short-interest data appears anomalous (zeros/NaN). Current figures look unreliable, so short-interest-driven moves are unlikely until corrected data is available.
• Negative Sentiment: Significant insider selling: the company’s CAO sold about $568,300 of CHRD stock — a potentially negative signal that may raise governance/insider-confidence questions. CAO Insider Sale
• Negative Sentiment: Director Douglas E. Brooks sold 2,126 shares (~7.8% reduction in his reported transaction), which can weigh on sentiment when paired with other insider sales. Director Insider Sale (SEC Filing)
• Negative Sentiment: Coverage highlighting management’s comment that the company has returned more to shareholders than its current market value (the “$6.7B” framing) raises concerns about capital allocation and valuation that could cap upside. $6.7B Statement on Shareholder Returns

About Chord Energy

Chord Energy Corporation (NASDAQ: CHRD), formerly known as Oasis Petroleum Inc, is an independent exploration and production company focused on the acquisition, development and production of crude oil, natural gas and natural gas liquids. Headquartered in Houston, Texas, Chord Energy emerged from financial restructuring in early 2021 and rebranded in October 2022 to reflect its renewed strategic vision.

The company’s core operations are concentrated in two prolific U.S. resource plays: the Williston Basin across North Dakota and Montana, and the Delaware Basin spanning parts of West Texas and southeastern New Mexico.