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

Pictet Asset Management Holding SA grew its position in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 34.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 253,934 shares of the company’s stock after buying an additional 64,516 shares during the period. Pictet Asset Management Holding SA owned approximately 0.23% of Vista Energy worth $16,595,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

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

Vista Energy Price Performance

Shares of Vista Energy stock opened at $55.48 on Friday. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a twelve month low of $43.71 and a twelve month high of $81.44. 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 company has a 50-day simple moving average of $68.77 and a two-hundred day simple moving average of $67.27. The stock has a market capitalization of $6.14 billion, a price-to-earnings ratio of 7.71, a price-to-earnings-growth ratio of 0.58 and a beta of 0.58.

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

About Vista Energy

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.