Vital Energy, Inc. (NYSE:VTLE) Position Boosted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its holdings in shares of Vital Energy, Inc. (NYSE:VTLE) by 25.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 504,885 shares of the company’s stock after purchasing an additional 103,583 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.32% of Vital Energy worth $15,611,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. State Street Corp boosted its holdings in shares of Vital Energy by 14.4% in the third quarter. State Street Corp now owns 1,755,173 shares of the company’s stock worth $47,214,000 after buying an additional 220,871 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Vital Energy by 2.9% in the third quarter. Geode Capital Management LLC now owns 633,017 shares of the company’s stock worth $17,031,000 after buying an additional 17,782 shares during the period. Tributary Capital Management LLC boosted its holdings in shares of Vital Energy by 45.0% in the fourth quarter. Tributary Capital Management LLC now owns 428,295 shares of the company’s stock worth $13,243,000 after buying an additional 132,924 shares during the period. Barclays PLC boosted its holdings in shares of Vital Energy by 124.0% in the third quarter. Barclays PLC now owns 338,675 shares of the company’s stock worth $9,110,000 after buying an additional 187,503 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Vital Energy by 22.8% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 311,130 shares of the company’s stock worth $8,369,000 after buying an additional 57,810 shares during the period. Institutional investors own 86.54% of the company’s stock.

Insider Activity

In related news, COO Kathryn Anne Hill sold 5,673 shares of the business’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $20.73, for a total transaction of $117,601.29. Following the transaction, the chief operating officer now owns 46,413 shares of the company’s stock, valued at approximately $962,141.49. The trade was a 10.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Bryan Lemmerman sold 10,000 shares of the business’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $20.73, for a total transaction of $207,300.00. Following the transaction, the chief financial officer now directly owns 97,556 shares in the company, valued at $2,022,335.88. This trade represents a 9.30 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,647 shares of company stock valued at $448,742 over the last 90 days. 1.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

VTLE has been the subject of several recent analyst reports. Williams Trading set a $27.00 target price on shares of Vital Energy in a report on Wednesday, March 5th. Truist Financial decreased their price target on shares of Vital Energy from $49.00 to $47.00 and set a “buy” rating for the company in a report on Friday, February 21st. Citigroup cut shares of Vital Energy to a “reduce” rating in a report on Wednesday, March 5th. Piper Sandler decreased their price target on shares of Vital Energy from $32.00 to $24.00 and set a “neutral” rating for the company in a report on Thursday, March 6th. Finally, Siebert Williams Shank cut shares of Vital Energy from a “buy” rating to a “hold” rating and decreased their price target for the stock from $62.00 to $27.00 in a report on Wednesday, March 5th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $40.46.

Vital Energy Price Performance

Shares of VTLE opened at $22.82 on Friday. The firm has a market cap of $869.73 million, a PE ratio of -4.80 and a beta of 3.07. The firm’s 50 day moving average price is $29.75 and its 200 day moving average price is $29.77. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.67 and a current ratio of 0.78. Vital Energy, Inc. has a twelve month low of $19.85 and a twelve month high of $58.30.

Vital Energy (NYSE:VTLE) last released its quarterly earnings results on Wednesday, February 19th. The company reported $2.30 EPS for the quarter, beating analysts’ consensus estimates of $2.03 by $0.27. Vital Energy had a negative net margin of 8.89% and a positive return on equity of 9.48%. The company had revenue of $534.37 million for the quarter, compared to analyst estimates of $550.90 million. As a group, research analysts expect that Vital Energy, Inc. will post 8.49 EPS for the current fiscal year.

Vital Energy Company 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.