BTG Pactual Asset Management US LLC Makes New Investment in Permian Resources Corporation $PR

Posted by Brian Himes on Aug 31st, 2026

BTG Pactual Asset Management US LLC purchased a new stake in Permian Resources Corporation (NYSE:PR – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 89,944 shares of the company’s stock, valued at approximately $1,656,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PR. Meiji Yasuda Asset Management Co Ltd. increased its holdings in Permian Resources by 4.0% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 15,934 shares of the company’s stock worth $224,000 after purchasing an additional 607 shares in the last quarter. Bessemer Group Inc. lifted its position in shares of Permian Resources by 21.3% during the 1st quarter. Bessemer Group Inc. now owns 3,537 shares of the company’s stock valued at $76,000 after acquiring an additional 621 shares during the period. Waterloo Capital L.P. boosted its stake in Permian Resources by 3.1% during the fourth quarter. Waterloo Capital L.P. now owns 21,773 shares of the company’s stock worth $305,000 after acquiring an additional 657 shares in the last quarter. Dean Investment Associates LLC grew its holdings in Permian Resources by 0.3% in the fourth quarter. Dean Investment Associates LLC now owns 265,615 shares of the company’s stock worth $3,727,000 after purchasing an additional 922 shares during the period. Finally, Callahan Advisors LLC increased its stake in Permian Resources by 4.8% in the fourth quarter. Callahan Advisors LLC now owns 22,093 shares of the company’s stock valued at $310,000 after purchasing an additional 1,004 shares in the last quarter. 91.84% of the stock is owned by institutional investors and hedge funds.

Permian Resources Stock Performance

Shares of PR opened at $22.70 on Monday. The stock has a 50 day moving average of $20.53 and a 200 day moving average of $19.97. The company has a market capitalization of $19.01 billion, a price-to-earnings ratio of 15.03 and a beta of 0.47. Permian Resources Corporation has a 12 month low of $11.92 and a 12 month high of $24.09. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.25.

Permian Resources (NYSE:PR – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.10. Permian Resources had a net margin of 21.52% and a return on equity of 13.47%. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the firm earned $0.28 EPS. The firm’s quarterly revenue was up 55.1% on a year-over-year basis. As a group, sell-side analysts forecast that Permian Resources Corporation will post 2.24 earnings per share for the current year.

Permian Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Wednesday, September 16th. Permian Resources’s dividend payout ratio is presently 42.38%.

Analyst Ratings Changes

PR has been the topic of a number of research analyst reports. Zacks Research cut shares of Permian Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 22nd. Evercore began coverage on Permian Resources in a report on Tuesday, June 23rd. They issued an “outperform” rating and a $25.00 price target on the stock. Morgan Stanley reiterated an “overweight” rating on shares of Permian Resources in a report on Wednesday, August 19th. Wells Fargo & Company raised their price objective on shares of Permian Resources from $26.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Finally, Truist Financial upped their target price on shares of Permian Resources from $22.00 to $24.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Five research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Permian Resources currently has an average rating of “Buy” and a consensus target price of $23.65.

Read Our Latest Report on PR

About Permian Resources

(Free Report)

Permian Resources (NYSE: PR) is an independent exploration and production company focused on the acquisition, development and optimization of oil and natural gas assets in the Permian Basin. The company’s operations encompass all phases of upstream activity, including geological and geophysical analysis, drilling, completion and production. By employing horizontal drilling and hydraulic fracturing technologies, Permian Resources aims to efficiently unlock hydrocarbon reserves and deliver consistent production growth.

Headquartered in Oklahoma City, Permian Resources concentrates its asset portfolio in the Delaware and Midland sub-basins of West Texas and southeastern New Mexico.