Janus Henderson Group PLC Buys 100,000 Shares of Viper Energy Inc. $VNOM

Janus Henderson Group PLC grew its stake in Viper Energy Inc. (NASDAQ:VNOM) by 137.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 172,725 shares of the oil and gas producer’s stock after buying an additional 100,000 shares during the quarter. Janus Henderson Group PLC’s holdings in Viper Energy were worth $8,117,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Los Angeles Capital Management LLC acquired a new stake in shares of Viper Energy during the fourth quarter worth $27,000. Parallel Advisors LLC boosted its stake in Viper Energy by 68.3% in the 3rd quarter. Parallel Advisors LLC now owns 1,400 shares of the oil and gas producer’s stock worth $54,000 after purchasing an additional 568 shares during the period. UMB Bank n.a. bought a new position in Viper Energy during the 4th quarter worth about $64,000. Nisa Investment Advisors LLC increased its holdings in Viper Energy by 256.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,794 shares of the oil and gas producer’s stock worth $69,000 after purchasing an additional 1,291 shares in the last quarter. Finally, Clearstead Advisors LLC raised its stake in shares of Viper Energy by 50.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,940 shares of the oil and gas producer’s stock valued at $75,000 after purchasing an additional 654 shares during the period. Institutional investors own 87.72% of the company’s stock.

Analyst Ratings Changes

VNOM has been the topic of a number of research reports. Roth Capital restated a “buy” rating on shares of Viper Energy in a report on Tuesday. Jefferies Financial Group raised Viper Energy from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a research report on Monday, April 13th. TD boosted their target price on Viper Energy from $58.00 to $59.00 and gave the company a “buy” rating in a research note on Wednesday. Barclays upped their price target on Viper Energy from $58.00 to $60.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Viper Energy in a research note on Friday, July 17th. Seventeen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Viper Energy currently has an average rating of “Moderate Buy” and a consensus price target of $57.07.

Key Headlines Impacting Viper Energy

Here are the key news stories impacting Viper Energy this week:

• Positive Sentiment: Analyst upgrade: TD raised its price target for Viper Energy from $58 to $59 and assigned a “buy” rating, implying substantial potential upside from recent trading levels. BayStreet.CA analyst ratings
• Positive Sentiment: Strong second-quarter performance: Viper reported $677 million in revenue, exceeding the approximately $643 million consensus estimate. Earnings of $0.76 per share matched expectations, while revenue increased 127.9% year over year, supported by higher production and realized oil prices. VNOM Q2 Earnings Beat Estimates
• Positive Sentiment: Acquisition-led growth: Recent purchases, including the Riverbend acquisition, expand Viper’s asset base and could support cash flow growth if oil and gas prices remain elevated for an extended period. Viper Energy: More Acquisitions
• Positive Sentiment: Shareholder return: Viper declared a $0.29-per-share special dividend, payable August 20 to shareholders of record August 13, providing an additional near-term return catalyst.
• Neutral Sentiment: Additional analyst coverage and mixed analyst opinions were reported, but the available headlines do not establish a uniform consensus beyond TD’s positive call. Johnson Rice Begins Coverage
• Negative Sentiment: The stock remains below its key moving averages, suggesting technical pressure and possible investor caution even after the earnings beat and positive target revision.

Viper Energy Price Performance

Shares of VNOM opened at $41.43 on Thursday. The company has a current ratio of 6.37, a quick ratio of 6.17 and a debt-to-equity ratio of 0.16. The company’s fifty day simple moving average is $43.63 and its 200 day simple moving average is $44.67. Viper Energy Inc. has a 1-year low of $35.10 and a 1-year high of $51.13. The company has a market cap of $14.87 billion, a price-to-earnings ratio of 318.72 and a beta of 0.40.

Viper Energy (NASDAQ:VNOM) last announced its quarterly earnings results on Monday, August 3rd. The oil and gas producer reported $0.76 EPS for the quarter, meeting analysts’ consensus estimates of $0.76. Viper Energy had a net margin of 2.89% and a return on equity of 3.43%. The firm had revenue of $677.00 million during the quarter, compared to analysts’ expectations of $643.45 million. During the same quarter last year, the company posted $0.41 earnings per share. The company’s revenue for the quarter was up 127.9% compared to the same quarter last year. On average, research analysts forecast that Viper Energy Inc. will post 2.39 earnings per share for the current fiscal year.

Viper Energy Dividend Announcement

The firm also recently declared a special dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 13th will be issued a dividend of $0.29 per share. The ex-dividend date is Thursday, August 13th. This represents a yield of 266.0%. Viper Energy’s dividend payout ratio (DPR) is presently -475.00%.

Viper Energy Profile

Viper Energy Partners LP is a publicly traded master limited partnership that owns and intends to acquire mineral and royalty interests in oil and natural gas properties. As a pass-through entity, Viper Energy Partners does not engage in drilling or production operations directly; instead, it generates revenues by holding overriding royalty interests, mineral fee interests and royalty fee interests. These interests entitle the partnership to receive a percentage of the proceeds from hydrocarbons produced and sold by third-party operators.

The partnership’s assets are concentrated in the Permian Basin, with a primary focus on the Delaware Basin region of West Texas and southeastern New Mexico.