Pictet Asset Management Holding SA reduced its stake in Vistra Corp. (NYSE:VST – Free Report) by 3.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,430,247 shares of the company’s stock after selling 52,837 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Vistra were worth $197,875,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of VST. Premier Financial Group acquired a new stake in Vistra during the second quarter worth about $34,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in Vistra during the second quarter worth about $37,000. Silicon Valley Capital Partners purchased a new position in Vistra during the second quarter worth about $39,000. Latitude Advisors LLC acquired a new position in Vistra in the 3rd quarter valued at about $42,000. Finally, Provenance Wealth Advisors LLC acquired a new position in Vistra in the 3rd quarter valued at about $43,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.
Insider Activity
In related news, CEO James A. Burke bought 4,465 shares of the stock in a transaction on Tuesday, September 1st. The stock was bought at an average price of $135.25 per share, with a total value of $603,891.25. Following the completion of the purchase, the chief executive officer directly owned 1,146,352 shares in the company, valued at $155,044,108. This represents a 0.39% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Scott Hudson sold 44,444 shares of Vistra stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $151.82, for a total transaction of $6,747,488.08. Following the sale, the executive vice president owned 331,137 shares of the company’s stock, valued at approximately $50,273,219.34. This represents a 11.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.92% of the company’s stock.
Vistra Stock Performance
NYSE VST opened at $124.53 on Monday. The stock has a fifty day simple moving average of $143.88 and a 200-day simple moving average of $152.65. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 5.87. The stock has a market cap of $41.80 billion, a PE ratio of 21.04 and a beta of 1.37. Vistra Corp. has a twelve month low of $110.89 and a twelve month high of $196.80.
Vistra (NYSE:VST – Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.85). The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $5.46 billion. Vistra had a net margin of 13.15% and a return on equity of 123.66%. Equities analysts anticipate that Vistra Corp. will post 8.74 earnings per share for the current year.
Vistra declared that its board has authorized a share buyback program on Friday, November 6th that authorizes the company to repurchase $1.50 billion in outstanding shares. This buyback authorization authorizes the company to repurchase up to 3.3% of its stock through open market purchases. Share buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.
Vistra Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 22nd will be paid a dividend of $0.2310 per share. This represents a $0.92 annualized dividend and a yield of 0.7%. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Tuesday, December 22nd. Vistra’s payout ratio is 15.54%.
More Vistra News
Here are the key news stories impacting Vistra this week:
- Positive Sentiment: Vistra reported third-quarter EPS of $3.25, above the $2.98 consensus, and net income of $1.14 billion versus FactSet’s $1.01 billion estimate. Ongoing Operations Adjusted EBITDA rose more than 50% year over year to $2.378 billion. Vistra Q3 results
- Positive Sentiment: The company raised its 2026 outlook and announced a $1.5 billion share repurchase authorization, supporting expectations for stronger earnings and shareholder returns. Vistra raises outlook and announces buyback
- Positive Sentiment: Sanford C. Bernstein reaffirmed its “Outperform” rating and set a $181 price target, signaling substantial upside from the cited share price. Bernstein rating and target
- Negative Sentiment: Investors still face uncertainty over potential Texas policy changes and their effects on data-center development and electricity demand. KeyBanc’s recent downgrade reflected those concerns. KeyBanc downgrade and Texas policy risks
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on VST shares. The Goldman Sachs Group set a $206.00 price target on shares of Vistra and gave the company a “buy” rating in a research note on Wednesday, August 12th. Williams Trading set a $202.00 price target on shares of Vistra in a report on Friday, October 2nd. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $181.00 price target on shares of Vistra in a research report on Friday. TD Cowen decreased their price objective on Vistra from $222.00 to $221.00 and set a “buy” rating on the stock in a report on Wednesday, August 19th. Finally, JPMorgan Chase & Co. decreased their price objective on Vistra from $231.00 to $228.00 in a report on Tuesday, October 27th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $203.35.
Check Out Our Latest Stock Analysis on VST
About Vistra
Vistra Corp. is an integrated energy company that generates and sells electricity and provides related services to residential, commercial and industrial customers. Its retail businesses offer electricity plans and energy services through brands that include TXU Energy and Ambit Energy.
The company owns and operates a diverse generation fleet, including natural gas, nuclear, coal and solar facilities, as well as battery energy storage systems. Its operations serve customers and wholesale power markets across multiple U.S.
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