Perigon Wealth Management LLC Makes New $2.91 Million Investment in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Perigon Wealth Management LLC bought a new stake in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) during the fourth quarter, HoldingsChannel reports. The fund bought 59,846 shares of the company’s stock, valued at approximately $2,912,000.

Several other hedge funds have also bought and sold shares of the stock. Ping Capital Management Inc. raised its stake in Vista Energy by 266.6% in the 3rd quarter. Ping Capital Management Inc. now owns 123,900 shares of the company’s stock valued at $4,262,000 after purchasing an additional 90,100 shares during the last quarter. Schwartz Investment Counsel Inc. purchased a new position in shares of Vista Energy during the 3rd quarter worth $1,032,000. Capital World Investors raised its holdings in shares of Vista Energy by 1.2% during the 3rd quarter. Capital World Investors now owns 2,979,212 shares of the company’s stock worth $102,485,000 after acquiring an additional 36,549 shares during the period. Banco Santander S.A. boosted its position in shares of Vista Energy by 285.6% during the 3rd quarter. Banco Santander S.A. now owns 30,086 shares of the company’s stock valued at $1,035,000 after acquiring an additional 22,284 shares during the last quarter. Finally, Artisan Partners Limited Partnership boosted its position in shares of Vista Energy by 15.9% during the 3rd quarter. Artisan Partners Limited Partnership now owns 757,121 shares of the company’s stock valued at $26,045,000 after acquiring an additional 103,601 shares during the last quarter. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Trading Up 0.0%

NYSE:VIST opened at $71.62 on Friday. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 12-month low of $31.63 and a 12-month high of $79.20. The firm has a market cap of $7.47 billion, a PE ratio of 10.72, a price-to-earnings-growth ratio of 0.68 and a beta of 0.72. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.12. The stock has a fifty day moving average price of $61.92 and a 200 day moving average price of $50.84.

Vista Energy (NYSE:VIST) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). The firm had revenue of $719.06 million during the quarter, compared to analyst estimates of $679.81 million. Vista Energy had a net margin of 29.06% and a return on equity of 15.65%. Sell-side analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have issued reports on VIST. Weiss Ratings raised Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 13th. Bank of America initiated coverage on Vista Energy in a research report on Wednesday, February 4th. They set a “buy” rating and a $88.00 price objective for the company. The Goldman Sachs Group set a $53.20 target price on shares of Vista Energy in a research report on Wednesday, December 17th. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and increased their target price for the stock from $50.00 to $65.00 in a research note on Sunday, January 11th. Finally, Zacks Research raised shares of Vista Energy from a “strong sell” rating to a “hold” rating in a research note on Friday, March 27th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $68.55.

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.