Permian Resources Corporation $PR Shares Acquired by Vanguard Group Inc.

02 May 2026, 08:55 by Doug Wharley · The Cerbat Gem

Vanguard Group Inc. lifted its holdings in shares of Permian Resources Corporation (NYSE:PR – Free Report) by 5.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,404,843 shares of the company’s stock after acquiring an additional 3,941,318 shares during the quarter. Vanguard Group Inc. owned about 9.09% of Permian Resources worth $1,057,930,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in PR. Boston Partners lifted its holdings in shares of Permian Resources by 76.2% during the 3rd quarter. Boston Partners now owns 17,350,663 shares of the company’s stock valued at $222,099,000 after acquiring an additional 7,503,654 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Permian Resources by 210.6% during the 3rd quarter. Millennium Management LLC now owns 9,850,059 shares of the company’s stock valued at $126,081,000 after acquiring an additional 6,678,814 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Permian Resources by 20.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 27,101,840 shares of the company’s stock valued at $346,919,000 after acquiring an additional 4,691,280 shares in the last quarter. Merewether Investment Management LP lifted its holdings in shares of Permian Resources by 63.5% during the 3rd quarter. Merewether Investment Management LP now owns 8,836,137 shares of the company’s stock valued at $113,103,000 after acquiring an additional 3,431,900 shares in the last quarter. Finally, Holocene Advisors LP acquired a new position in shares of Permian Resources during the 2nd quarter valued at $42,606,000. Institutional investors and hedge funds own 91.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on PR. Scotiabank lifted their target price on shares of Permian Resources from $21.00 to $25.00 and gave the company a “sector outperform” rating in a report on Wednesday, April 22nd. Piper Sandler lifted their target price on shares of Permian Resources from $24.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. UBS Group lifted their target price on shares of Permian Resources from $19.00 to $23.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Zacks Research upgraded shares of Permian Resources from a “hold” rating to a “strong-buy” rating in a report on Friday, March 27th. Finally, BMO Capital Markets upgraded shares of Permian Resources from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Permian Resources has a consensus rating of “Buy” and an average target price of $22.38.

View Our Latest Research Report on Permian Resources

Insider Activity

In related news, Director William J. Quinn sold 512,429 shares of Permian Resources stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $19.59, for a total transaction of $10,038,484.11. Following the sale, the director owned 6,914,410 shares of the company’s stock, valued at $135,453,291.90. The trade was a 6.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Guy M. Oliphint sold 4,999 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $18.28, for a total transaction of $91,381.72. Following the completion of the sale, the executive vice president directly owned 605,272 shares of the company’s stock, valued at $11,064,372.16. The trade was a 0.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,130,066 shares of company stock worth $58,837,655 over the last three months. 5.00% of the stock is currently owned by corporate insiders.

Permian Resources Stock Performance

Permian Resources stock opened at $22.07 on Friday. Permian Resources Corporation has a 12-month low of $11.64 and a 12-month high of $22.11. The company has a market capitalization of $18.45 billion, a price-to-earnings ratio of 17.65, a price-to-earnings-growth ratio of 1.22 and a beta of 0.52. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.78 and a quick ratio of 0.78. The firm’s fifty day moving average price is $19.92 and its 200 day moving average price is $16.24.

Permian Resources (NYSE:PR – Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.09. Permian Resources had a net margin of 18.46% and a return on equity of 10.83%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the firm posted $0.36 EPS. The firm’s quarterly revenue was down 9.8% on a year-over-year basis. On average, research analysts forecast that Permian Resources Corporation will post 1.92 EPS for the current fiscal year.

Permian Resources Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were paid a dividend of $0.16 per share. This is a positive change from Permian Resources’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.64 annualized dividend and a yield of 2.9%. Permian Resources’s payout ratio is presently 51.20%.

Permian Resources Profile

(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.