Tyler Stone Wealth Management Purchases 8,050 Shares of Vital Energy, Inc. (NYSE:VTLE)

Tyler Stone Wealth Management increased its stake in shares of Vital Energy, Inc. (NYSE:VTLE) by 31.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,440 shares of the company’s stock after buying an additional 8,050 shares during the quarter. Tyler Stone Wealth Management’s holdings in Vital Energy were worth $1,034,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in VTLE. The Manufacturers Life Insurance Company raised its position in Vital Energy by 3.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 14,490 shares of the company’s stock worth $390,000 after buying an additional 503 shares during the last quarter. US Bancorp DE lifted its position in Vital Energy by 9.1% during the fourth quarter. US Bancorp DE now owns 6,971 shares of the company’s stock valued at $216,000 after purchasing an additional 581 shares during the period. ClearAlpha Technologies LP boosted its holdings in Vital Energy by 5.1% in the third quarter. ClearAlpha Technologies LP now owns 13,250 shares of the company’s stock valued at $356,000 after purchasing an additional 644 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Vital Energy by 6.4% during the 3rd quarter. Franklin Resources Inc. now owns 12,662 shares of the company’s stock valued at $363,000 after buying an additional 758 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Vital Energy by 276.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,093 shares of the company’s stock worth $34,000 after buying an additional 803 shares during the last quarter. Hedge funds and other institutional investors own 86.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on VTLE. Wells Fargo & Company cut their target price on shares of Vital Energy from $36.00 to $24.00 and set an “equal weight” rating for the company in a report on Tuesday. JPMorgan Chase & Co. lowered their target price on shares of Vital Energy from $34.00 to $23.00 and set an “underweight” rating on the stock in a research note on Thursday, March 13th. Piper Sandler reduced their price target on Vital Energy from $32.00 to $24.00 and set a “neutral” rating for the company in a report on Thursday, March 6th. Siebert Williams Shank cut shares of Vital Energy from a “buy” rating to a “hold” rating and dropped their price target for the company from $62.00 to $27.00 in a research note on Wednesday, March 5th. Finally, Citigroup cut shares of Vital Energy to a “reduce” rating in a research report on Wednesday, March 5th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $39.54.

Vital Energy Stock Down 3.7 %

Shares of NYSE VTLE opened at $22.35 on Wednesday. The company has a 50 day simple moving average of $28.97 and a 200-day simple moving average of $29.53. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.78 and a quick ratio of 0.67. The company has a market capitalization of $852.00 million, a P/E ratio of -4.71 and a beta of 3.07. Vital Energy, Inc. has a 1 year low of $19.85 and a 1 year high of $58.30.

Vital Energy (NYSE:VTLE) last released its quarterly earnings results on Wednesday, February 19th. The company reported $2.30 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.27. Vital Energy had a positive return on equity of 9.48% and a negative net margin of 8.89%. The company had revenue of $534.37 million for the quarter, compared to analysts’ expectations of $550.90 million. On average, equities research analysts predict that Vital Energy, Inc. will post 8.49 earnings per share for the current year.

Insider Activity

In other news, EVP Mark David Denny sold 5,974 shares of Vital Energy stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $20.73, for a total value of $123,841.02. Following the sale, the executive vice president now owns 42,494 shares of the company’s stock, valued at $880,900.62. The trade was a 12.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Bryan Lemmerman sold 10,000 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $20.73, for a total transaction of $207,300.00. Following the transaction, the chief financial officer now directly owns 97,556 shares of the company’s stock, valued at $2,022,335.88. This represents a 9.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 21,647 shares of company stock valued at $448,742. 1.20% of the stock is currently owned by company insiders.

Vital Energy Company Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.