17,550 Shares in Vital Energy, Inc. (NYSE:VTLE) Acquired by Systematic Financial Management LP

Systematic Financial Management LP purchased a new stake in Vital Energy, Inc. (NYSE:VTLE - Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 17,550 shares of the company's stock, valued at approximately $472,000.

A number of other institutional investors have also modified their holdings of the business. Price T Rowe Associates Inc. MD boosted its position in Vital Energy by 8.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,577 shares of the company's stock valued at $556,000 after purchasing an additional 816 shares during the period. California State Teachers Retirement System grew its position in shares of Vital Energy by 5.2% during the first quarter. California State Teachers Retirement System now owns 23,062 shares of the company's stock worth $1,212,000 after acquiring an additional 1,133 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of Vital Energy in the 1st quarter worth about $1,669,000. Cetera Advisors LLC lifted its position in Vital Energy by 5.6% in the 1st quarter. Cetera Advisors LLC now owns 18,750 shares of the company's stock valued at $985,000 after purchasing an additional 989 shares during the last quarter. Finally, CWM LLC boosted its stake in Vital Energy by 400.9% during the 2nd quarter. CWM LLC now owns 581 shares of the company's stock valued at $26,000 after purchasing an additional 465 shares during the period. Institutional investors own 86.54% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on VTLE. Mizuho dropped their price target on shares of Vital Energy from $42.00 to $39.00 and set a "neutral" rating on the stock in a research note on Thursday, October 10th. BMO Capital Markets cut their target price on Vital Energy from $48.00 to $40.00 and set a "market perform" rating on the stock in a research note on Friday, October 4th. Truist Financial decreased their price target on Vital Energy from $66.00 to $48.00 and set a "buy" rating for the company in a research note on Monday, September 30th. KeyCorp cut shares of Vital Energy from an "overweight" rating to a "sector weight" rating in a research note on Friday, August 16th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Vital Energy from $29.00 to $30.00 and gave the stock an "underweight" rating in a report on Thursday. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $47.00.

Vital Energy Price Performance

NYSE VTLE traded down $1.08 on Friday, reaching $29.33. The company's stock had a trading volume of 1,007,528 shares, compared to its average volume of 708,158. The firm's 50 day moving average is $29.58 and its two-hundred day moving average is $36.21. The stock has a market cap of $1.12 billion, a PE ratio of 2.05 and a beta of 3.19. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.67 and a current ratio of 0.67. Vital Energy, Inc. has a twelve month low of $25.85 and a twelve month high of $58.30.

Vital Energy (NYSE:VTLE - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported $1.61 earnings per share for the quarter, topping analysts' consensus estimates of $1.46 by $0.15. The firm had revenue of $459.23 million during the quarter, compared to analysts' expectations of $461.58 million. Vital Energy had a net margin of 25.09% and a return on equity of 9.05%. The firm's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period last year, the firm posted $5.16 earnings per share. As a group, sell-side analysts predict that Vital Energy, Inc. will post 6.9 EPS for the current year.

Insider Transactions at Vital Energy

In other Vital Energy news, COO Kathryn Anne Hill sold 2,023 shares of the business's stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of $30.22, for a total transaction of $61,135.06. Following the sale, the chief operating officer now directly owns 29,091 shares of the company's stock, valued at $879,130.02. The trade was a 6.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Bryan Lemmerman sold 10,000 shares of the firm's stock in a transaction on Thursday, October 10th. The stock was sold at an average price of $28.54, for a total value of $285,400.00. Following the completion of the sale, the chief financial officer now directly owns 77,516 shares of the company's stock, valued at approximately $2,212,306.64. This trade represents a 11.43 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 17,168 shares of company stock valued at $502,017 in the last three months. 1.20% of the stock is currently owned by corporate insiders.

Vital Energy 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.