New York State Teachers Retirement System Decreases Stake in Permian Resources Corporation $PR

New York State Teachers Retirement System decreased its position in Permian Resources Corporation (NYSE:PR) by 19.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 232,688 shares of the company’s stock after selling 54,654 shares during the period. New York State Teachers Retirement System’s holdings in Permian Resources were worth $3,265,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC increased its stake in Permian Resources by 5.4% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 13,668 shares of the company’s stock valued at $192,000 after buying an additional 706 shares during the last quarter. Curated Wealth Partners LLC increased its stake in Permian Resources by 1.1% in the 4th quarter. Curated Wealth Partners LLC now owns 70,601 shares of the company’s stock valued at $991,000 after buying an additional 747 shares during the last quarter. Chilton Capital Management LLC increased its stake in Permian Resources by 3.5% in the 3rd quarter. Chilton Capital Management LLC now owns 23,668 shares of the company’s stock valued at $303,000 after buying an additional 800 shares during the last quarter. Inscription Capital LLC increased its stake in Permian Resources by 3.5% in the 3rd quarter. Inscription Capital LLC now owns 28,219 shares of the company’s stock valued at $361,000 after buying an additional 948 shares during the last quarter. Finally, Rothschild Investment LLC increased its stake in Permian Resources by 7.1% in the 3rd quarter. Rothschild Investment LLC now owns 14,651 shares of the company’s stock valued at $188,000 after buying an additional 974 shares during the last quarter. Hedge funds and other institutional investors own 91.84% of the company’s stock.

Trending Headlines about Permian Resources

Here are the key news stories impacting Permian Resources this week:

• Positive Sentiment: Company reported strong operational Q1 metrics and raised full?year guidance — management highlighted total average production of ~413 MBoe/d and strong cash flow, and the company updated 2026 guidance higher, which supports longer?term earnings visibility. Business Wire Q1 Release
• Positive Sentiment: EPS narrowly beat expectations (reported $0.39 vs. $0.38 est.) and the company emphasized margin strength and cash generation — these helped offset some downside from revenue. Yahoo Earnings Snapshot
• Positive Sentiment: Bank of America raised its price target to $22, signaling analyst confidence in the company’s outlook and operational improvement trajectory. BofA PT Raise
• Positive Sentiment: Board declared a quarterly dividend of $0.16/share (annualized yield ~3.3%), which increases cash return to shareholders and can support investor demand.
• Neutral Sentiment: Management provided a detailed earnings presentation/slide deck; useful for modeling but no surprise changes beyond guidance and production data. Earnings Presentation
• Neutral Sentiment: Market commentary noted PR “testing a key technical level” amid broader market volatility — technical selling could amplify moves unrelated to fundamentals. MSN Market Coverage
• Negative Sentiment: Revenue came in slightly below analyst estimates ($1.39B reported vs. $1.41B est.) and year?over?year top?line growth was minimal, which may concern investors focused on sales momentum and could explain near?term selling pressure. Revenue Miss Report
• Positive Sentiment: Management signaled operational improvement targets — ~6% growth for 2026, potential 5–10% lift in feet?in?lateral (TILs) and a target ~$675 per lateral foot — pointing to lower development costs and better future margins. Operational Targets Article

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Bank of America restated a “neutral” rating and set a $16.00 price target (down from $17.00) on shares of Permian Resources in a research note on Friday, January 16th. UBS Group raised their price target on shares of Permian Resources from $19.00 to $23.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Zacks Research upgraded shares of Permian Resources from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 27th. Roth Mkm restated a “neutral” rating and set a $22.00 price target (up from $20.00) on shares of Permian Resources in a research note on Wednesday, April 8th. Finally, Wells Fargo & Company raised their price target on shares of Permian Resources from $21.00 to $27.00 and gave the stock an “overweight” rating in a research note on Friday, April 10th. Four analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Permian Resources has a consensus rating of “Buy” and an average price target of $22.38.

Insider Buying and Selling

In related news, Director Jeffrey Tepper sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $19.38, for a total value of $969,000.00. Following the completion of the transaction, the director directly owned 150,546 shares of the company’s stock, valued at approximately $2,917,581.48. This trade represents a 24.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John Charles Bell sold 158,385 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $18.39, for a total transaction of $2,912,700.15. Following the completion of the transaction, the executive vice president directly owned 1,567,172 shares of the company’s stock, valued at approximately $28,820,293.08. This trade represents a 9.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,130,066 shares of company stock worth $58,837,655 in the last 90 days. 5.00% of the stock is currently owned by company insiders.

Permian Resources Trading Down 5.5%

Shares of PR stock opened at $20.05 on Friday. The company has a 50 day moving average of $20.12 and a 200-day moving average of $16.49. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.31. Permian Resources Corporation has a 12-month low of $11.92 and a 12-month high of $22.67. The firm has a market cap of $16.76 billion, a P/E ratio of 23.31, a PEG ratio of 1.20 and a beta of 0.52.

Permian Resources (NYSE:PR) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.38 by $0.01. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.41 billion. Permian Resources had a net margin of 12.79% and a return on equity of 10.56%. Permian Resources’s revenue for the quarter was up .9% on a year-over-year basis. During the same period last year, the firm earned $0.44 EPS. Sell-side analysts anticipate that Permian Resources Corporation will post 1.92 earnings per share for the current year.

Permian Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.64 annualized dividend and a yield of 3.2%. Permian Resources’s dividend payout ratio (DPR) is 51.20%.

Permian Resources Company Profile

Permian Resources (NYSE: PR) is an independent exploration and production company focused on the acquisition, development and optimization of oil and natural gas assets in the Permian Basin. The company’s operations encompass all phases of upstream activity, including geological and geophysical analysis, drilling, completion and production. By employing horizontal drilling and hydraulic fracturing technologies, Permian Resources aims to efficiently unlock hydrocarbon reserves and deliver consistent production growth.

Headquartered in Oklahoma City, Permian Resources concentrates its asset portfolio in the Delaware and Midland sub-basins of West Texas and southeastern New Mexico.