Vital Energy, Inc. (NYSE:VTLE) Stock Position Increased by Tributary Capital Management LLC

Tributary Capital Management LLC boosted its position in shares of Vital Energy, Inc. (NYSE:VTLE) by 45.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 428,295 shares of the company’s stock after buying an additional 132,924 shares during the period. Tributary Capital Management LLC’s holdings in Vital Energy were worth $13,243,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Dimensional Fund Advisors LP lifted its position in shares of Vital Energy by 19.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,723,075 shares of the company’s stock valued at $77,227,000 after acquiring an additional 282,574 shares during the last quarter. State Street Corp raised its position in shares of Vital Energy by 14.4% during the third quarter. State Street Corp now owns 1,755,173 shares of the company’s stock worth $47,214,000 after purchasing an additional 220,871 shares during the period. Barclays PLC lifted its holdings in shares of Vital Energy by 124.0% during the third quarter. Barclays PLC now owns 338,675 shares of the company’s stock valued at $9,110,000 after purchasing an additional 187,503 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Vital Energy by 29.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 401,302 shares of the company’s stock valued at $10,795,000 after purchasing an additional 90,523 shares during the period. Finally, Raymond James & Associates increased its stake in Vital Energy by 96.8% in the 3rd quarter. Raymond James & Associates now owns 145,167 shares of the company’s stock worth $3,905,000 after purchasing an additional 71,385 shares in the last quarter. Institutional investors own 86.54% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on VTLE shares. Wells Fargo & Company upped their price objective on shares of Vital Energy from $34.00 to $36.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 15th. Mizuho upped their price target on shares of Vital Energy from $37.00 to $38.00 and gave the company a “neutral” rating in a research report on Tuesday, January 14th. Piper Sandler lowered their price objective on shares of Vital Energy from $35.00 to $27.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 17th. Truist Financial increased their target price on Vital Energy from $48.00 to $49.00 and gave the company a “buy” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. lifted their price target on Vital Energy from $29.00 to $30.00 and gave the company an “underweight” rating in a report on Thursday, December 5th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Vital Energy currently has a consensus rating of “Hold” and an average price target of $45.40.

Vital Energy Stock Down 1.6 %

Shares of Vital Energy stock opened at $33.88 on Friday. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 2.37 and a beta of 3.16. The stock has a 50-day simple moving average of $32.11 and a 200-day simple moving average of $33.04. Vital Energy, Inc. has a 52-week low of $25.85 and a 52-week high of $58.30. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.67 and a quick ratio of 0.67.

Vital Energy (NYSE:VTLE) last posted its earnings results on Wednesday, November 6th. The company reported $1.61 EPS for the quarter, topping the consensus estimate of $1.46 by $0.15. The company had revenue of $459.23 million during the quarter, compared to the consensus estimate of $461.58 million. Vital Energy had a net margin of 25.09% and a return on equity of 9.05%. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.16 earnings per share. On average, equities research analysts expect that Vital Energy, Inc. will post 7.19 earnings per share for the current fiscal year.

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.