Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST Shares Purchased by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA boosted its holdings in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 34.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 253,934 shares of the company’s stock after buying an additional 64,516 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Vista Energy were worth $16,595,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of VIST. Ninety One UK Ltd lifted its holdings in Vista Energy by 16.9% during the 3rd quarter. Ninety One UK Ltd now owns 2,212,079 shares of the company’s stock worth $144,559,000 after buying an additional 320,074 shares during the period. Lazard Asset Management LLC acquired a new stake in Vista Energy during the 1st quarter valued at approximately $102,610,000. TT International Asset Management LTD raised its holdings in Vista Energy by 9,790.3% during the 3rd quarter. TT International Asset Management LTD now owns 1,087,935 shares of the company’s stock worth $71,097,000 after purchasing an additional 1,076,935 shares during the last quarter. Cape Ann Asset Management Ltd raised its holdings in Vista Energy by 35.1% during the 1st quarter. Cape Ann Asset Management Ltd now owns 931,842 shares of the company’s stock worth $70,326,000 after purchasing an additional 241,942 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Vista Energy by 824.7% in the first quarter. Bank of America Corp DE now owns 928,394 shares of the company’s stock valued at $70,066,000 after buying an additional 827,997 shares during the period. Institutional investors and hedge funds own 63.81% of the company’s stock.

Vista Energy Stock Down 0.9%

Shares of NYSE:VIST opened at $55.48 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.72 and a debt-to-equity ratio of 0.82. The stock has a market cap of $6.14 billion, a price-to-earnings ratio of 7.71, a PEG ratio of 0.58 and a beta of 0.58. The business’s 50 day moving average is $68.77 and its 200 day moving average is $67.27. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 12-month low of $43.71 and a 12-month high of $81.44.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Wednesday, October 28th. The company reported $2.16 earnings per share for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.63). The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.14 billion. Vista Energy had a net margin of 19.66% and a return on equity of 20.79%. On average, sell-side analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 10.05 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

VIST has been the topic of a number of recent analyst reports. Zacks Research raised Vista Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 30th. Weiss Ratings downgraded shares of Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Wall Street Zen upgraded shares of Vista Energy from a “hold” rating to a “buy” rating in a report on Saturday, November 7th. Finally, JPMorgan Chase & Co. decreased their target price on Vista Energy from $94.00 to $87.00 and set an “overweight” rating for the company in a research report on Thursday, October 29th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $82.04.

Vista Energy Company Profile

Vista Energy is an independent energy company focused on the exploration, development and production of oil and natural gas in Argentina. Its operations are concentrated in the Vaca Muerta shale formation, one of the country’s major unconventional oil and gas regions. The company produces crude oil, natural gas and natural gas liquids, serving domestic and international markets. It was established in 2017 by Miguel Galuccio, its chief executive officer, and began operations the following year.