Vaughan Nelson Investment Management L.P. Sells 839,640 Shares of Permian Resources Corporation $PR

22 Jun 2026, 06:57 by Doug Wharley · The Cerbat Gem

Vaughan Nelson Investment Management L.P. reduced its stake in Permian Resources Corporation (NYSE:PR – Free Report) by 22.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,985,291 shares of the company’s stock after selling 839,640 shares during the period. Vaughan Nelson Investment Management L.P.’s holdings in Permian Resources were worth $63,646,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. SHP Wealth Management acquired a new position in Permian Resources during the 4th quarter worth approximately $27,000. Los Angeles Capital Management LLC acquired a new stake in Permian Resources in the fourth quarter valued at approximately $39,000. State of Wyoming boosted its position in Permian Resources by 126.8% in the fourth quarter. State of Wyoming now owns 2,933 shares of the company’s stock valued at $41,000 after buying an additional 1,640 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Permian Resources by 340.8% in the second quarter. EverSource Wealth Advisors LLC now owns 4,170 shares of the company’s stock valued at $57,000 after buying an additional 3,224 shares in the last quarter. Finally, FNY Investment Advisers LLC bought a new stake in shares of Permian Resources during the fourth quarter worth $60,000. 91.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on PR shares. UBS Group upped their price target on shares of Permian Resources from $19.00 to $23.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Morgan Stanley reissued an “overweight” rating on shares of Permian Resources in a report on Friday, March 27th. Wells Fargo & Company set a $26.00 price objective on Permian Resources in a research report on Monday, May 25th. BMO Capital Markets raised Permian Resources from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Finally, Zacks Research downgraded Permian Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 22nd. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $23.06.

View Our Latest Stock Report on Permian Resources

Permian Resources Trading Up 0.1%

PR opened at $18.45 on Monday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.66 and a quick ratio of 0.66. Permian Resources Corporation has a fifty-two week low of $11.92 and a fifty-two week high of $22.67. The company’s 50 day moving average price is $20.07 and its two-hundred day moving average price is $17.91. The firm has a market capitalization of $15.45 billion, a price-to-earnings ratio of 21.46 and a beta of 0.48.

Permian Resources (NYSE:PR – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.41 billion. Permian Resources had a net margin of 12.79% and a return on equity of 10.53%. The company’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 earnings per share. As a group, research analysts predict that Permian Resources Corporation will post 2 earnings per share for the current year.

Permian Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Tuesday, June 16th. Permian Resources’s dividend payout ratio is presently 74.42%.

Insiders Place Their Bets

In related news, EVP Guy M. Oliphint sold 62,769 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $20.44, for a total transaction of $1,282,998.36. Following the completion of the transaction, the executive vice president directly owned 542,503 shares of the company’s stock, valued at $11,088,761.32. This trade represents a 10.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 5.00% of the stock is owned by insiders.

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.