Dimensional Fund Advisors LP Has $149.23 Million Holdings in Talos Energy Inc. $TALO

Dimensional Fund Advisors LP raised its position in shares of Talos Energy Inc. (NYSE:TALO) by 5.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 9,468,553 shares of the company’s stock after buying an additional 501,552 shares during the period. Dimensional Fund Advisors LP owned about 0.06% of Talos Energy worth $149,234,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada lifted its position in shares of Talos Energy by 11.8% in the 1st quarter. Royal Bank of Canada now owns 28,590 shares of the company’s stock valued at $278,000 after acquiring an additional 3,007 shares in the last quarter. AQR Capital Management LLC boosted its stake in Talos Energy by 152.1% in the 1st quarter. AQR Capital Management LLC now owns 90,915 shares of the company’s stock worth $884,000 after purchasing an additional 54,854 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Talos Energy by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,196 shares of the company’s stock worth $838,000 after purchasing an additional 3,783 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Talos Energy by 16.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,183,496 shares of the company’s stock worth $21,224,000 after purchasing an additional 304,205 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Talos Energy by 132.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 386,641 shares of the company’s stock valued at $3,279,000 after purchasing an additional 220,502 shares during the period. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Talos Energy Stock Up 0.2%

Talos Energy stock opened at $14.96 on Monday. The firm has a market cap of $2.50 billion, a PE ratio of -3.47 and a beta of 0.34. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.20 and a current ratio of 1.20. The firm’s 50 day moving average price is $14.49 and its two-hundred day moving average price is $13.93. Talos Energy Inc. has a twelve month low of $7.67 and a twelve month high of $17.05.

Talos Energy (NYSE:TALO) last released its earnings results on Tuesday, May 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.04. The company had revenue of $472.31 million during the quarter, compared to the consensus estimate of $446.39 million. Talos Energy had a negative net margin of 42.58% and a negative return on equity of 8.24%. The company’s revenue was down 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.06 EPS. On average, research analysts predict that Talos Energy Inc. will post 0.37 EPS for the current fiscal year.

Insider Buying and Selling at Talos Energy

In related news, insider Control Empresarial De Capital sold 339,568 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $16.80, for a total transaction of $5,704,742.40. Following the completion of the sale, the insider directly owned 40,460,036 shares in the company, valued at approximately $679,728,604.80. This trade represents a 0.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. increased their target price on Talos Energy from $16.00 to $17.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Stephens reiterated an “overweight” rating and set a $20.00 price target on shares of Talos Energy in a report on Wednesday, July 1st. Roth Capital upgraded Talos Energy from a “neutral” rating to a “buy” rating and lifted their price target for the company from $16.00 to $17.00 in a report on Wednesday, July 1st. Wall Street Zen lowered Talos Energy from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, KeyCorp increased their price objective on Talos Energy from $15.00 to $21.00 and gave the stock an “overweight” rating in a research note on Thursday, April 2nd. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $18.50.

Talos Energy Profile

Talos Energy Inc is an independent oil and gas exploration and production company headquartered in Houston, Texas. Founded in 2012 by industry veterans Tim Duncan and Jeremy Rights, the firm completed its initial public offering in 2021 and trades on the New York Stock Exchange under the ticker symbol TALO. The company’s core operations focus on the acquisition, exploration, development and production of offshore hydrocarbon reserves, with a primary emphasis on the U.S. Gulf of Mexico basin.

Talos Energy’s asset portfolio spans deepwater and shelf opportunities in the Gulf of Mexico, where it holds interests in several producing fields and exploration blocks.