Geode Capital Management LLC Increases Stake in Vista Energy, S.A.B. de C.V.

Geode Capital Management LLC has boosted its investment in Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 11.4% during the third quarter, according to recent reports. After acquiring an additional 1,437 shares in that period, the firm now owns a total of 14,003 shares of Vista Energy's stock. As per Geode's latest SEC filing, their holdings in this company are valued at approximately $619,000.

Other institutional and hedge fund investors have also recently adjusted their positions in Vista Energy. Encompass Capital Advisors LLC increased its stake by 41.9% in the second quarter, gaining 302,138 additional shares, now totaling 1,023,782 shares with a value of $46,562,000. NS Partners Ltd entered the Vista Energy market in the third quarter with a position valued at $26,777,000, while Sei Investments Co. significantly raised its stake by 253.6% during the same quarter, now owning 316,350 shares worth $14,388,000 after acquiring an additional 226,891 shares. Similarly, American Century Companies Inc. and Millennium Management LLC increased their stakes in the company by 10.1% and 30.5%, respectively, during the second quarter. Overall, institutional investors and hedge funds comprise 63.81% of Vista Energy's ownership.

Analyst Forecast and Ratings

Equity analysts have provided various forecasts for Vista Energy. UBS Group recently reiterated a “neutral” rating, setting a price target of $64.00, an increase from the previous $60.00. Bank of America lowered its target price from $70.00 to $68.00 while maintaining a “buy” rating for the stock. Furthermore, JPMorgan Chase & Co. raised its target from $68.00 to $72.00 and gave the company an “overweight” rating. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” with an average target price of $61.40, reflecting the outlook of several analysts that have rated the stock as hold or buy.

Recent Stock Performance

On Friday, shares of Vista Energy opened at $57.82. The stock has seen a 12-month low of $29.07 and a 12-month high of $59.47. Currently, Vista Energy has a market capitalization of $5.50 billion, a price-to-earnings (PE) ratio of 11.21, and a price-to-earnings-growth (PEG) ratio of 0.92. The company's financial health is indicated by a current ratio of 0.59, a quick ratio of 0.59, and a debt-to-equity ratio of 0.48. The stock's 50-day moving average stands at $53.65, while the two-hundred day moving average is $49.60.

About Vista Energy

Vista Energy, S.A.B. de C.V. is engaged in oil and gas exploration and production across Latin America, with significant assets located in the Neuquina basin and Vaca Muerta in Argentina. The company not only holds producing assets in Argentina but also operates drilling and workover activities throughout the region, expanding its footprint in the energy sector.

Vista, Investment, Growth