Pictet Asset Management Holding SA Raises Holdings in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Pictet Asset Management Holding SA lifted its stake in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 50.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 225,345 shares of the company’s stock after purchasing an additional 76,035 shares during the quarter. Pictet Asset Management Holding SA owned about 0.22% of Vista Energy worth $17,007,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Vista Energy during the 3rd quarter valued at approximately $28,499,000. Capital Research Global Investors lifted its stake in shares of Vista Energy by 26.2% during the fourth quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock worth $162,321,000 after buying an additional 693,566 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Vista Energy by 21.8% during the fourth quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock valued at $176,843,000 after buying an additional 649,468 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Vista Energy by 11.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,989,783 shares of the company’s stock valued at $194,145,000 after buying an additional 402,585 shares during the last quarter. Finally, Ruffer LLP acquired a new position in shares of Vista Energy in the 4th quarter valued at $19,227,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Vista Energy Stock Performance

Shares of NYSE VIST opened at $60.25 on Friday. The company’s fifty day moving average price is $70.90 and its 200 day moving average price is $62.55. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 1 year low of $31.63 and a 1 year high of $81.44. The company has a market capitalization of $6.28 billion, a PE ratio of 8.81, a price-to-earnings-growth ratio of 0.27 and a beta of 0.63. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 0.77.

Vista Energy (NYSE:VIST) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.53). The firm had revenue of $865.01 million during the quarter, compared to analysts’ expectations of $708.61 million. Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. On average, research analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 12.91 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on VIST shares. JPMorgan Chase & Co. raised their target price on Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of Vista Energy in a report on Tuesday, June 9th. UBS Group raised their price objective on Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. HSBC began coverage on Vista Energy in a report on Sunday, June 14th. They set a “buy” rating and a $95.00 target price for the company. Finally, Zacks Research upgraded Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to data from MarketBeat.com, Vista Energy has a consensus rating of “Buy” and an average target price of $83.24.

Vista Energy Company Profile

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.