Schwartz Investment Counsel Inc. Increases Stock Position in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Schwartz Investment Counsel Inc. increased its position in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 28.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 38,400 shares of the company’s stock after buying an additional 8,400 shares during the quarter. Schwartz Investment Counsel Inc.’s holdings in Vista Energy were worth $2,898,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VIST. Royal Bank of Canada lifted its holdings in shares of Vista Energy by 82.0% during the 1st quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock valued at $439,000 after acquiring an additional 4,246 shares in the last quarter. Amundi purchased a new position in shares of Vista Energy in the first quarter valued at $229,000. Goldman Sachs Group Inc. grew its holdings in Vista Energy by 57.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company’s stock valued at $8,554,000 after purchasing an additional 67,189 shares in the last quarter. Geode Capital Management LLC increased its stake in Vista Energy by 11.6% during the 2nd quarter. Geode Capital Management LLC now owns 16,665 shares of the company’s stock worth $797,000 after buying an additional 1,731 shares during the period. Finally, Cetera Investment Advisers bought a new stake in shares of Vista Energy in the second quarter worth $506,000. Institutional investors and hedge funds own 63.81% of the company’s stock.

Vista Energy Trading Up 1.0%

NYSE:VIST opened at $65.44 on Tuesday. The firm has a market capitalization of $6.82 billion, a P/E ratio of 9.57, a P/E/G ratio of 0.51 and a beta of 0.63. The business has a 50 day simple moving average of $69.67 and a 200 day simple moving average of $63.36. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.77 and a quick ratio of 0.76. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 12-month low of $31.63 and a 12-month high of $81.44.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.53). Vista Energy had a return on equity of 14.80% and a net margin of 25.65%.The firm had revenue of $865.01 million for the quarter, compared to the consensus estimate of $708.61 million. Equities research analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 10.21 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Vista Energy in a research report on Tuesday, June 9th. UBS Group boosted their price objective on Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Zacks Research cut Vista Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. JPMorgan Chase & Co. lifted their target price on Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Finally, HSBC initiated coverage on shares of Vista Energy in a report on Sunday, June 14th. They issued a “buy” rating and a $95.00 price objective for the company. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $83.24.

Vista Energy Company Profile

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.