485,055 Shares in Permian Resources Corporation $PR Bought by Whittier Trust Co.

26 Jan 2026, 14:01 by Mitch Edgeman · The Markets Daily

Whittier Trust Co. acquired a new stake in shares of Permian Resources Corporation (NYSE:PR – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 485,055 shares of the company’s stock, valued at approximately $6,107,000. Whittier Trust Co. owned about 0.06% of Permian Resources at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. AQR Capital Management LLC boosted its holdings in Permian Resources by 69.2% during the 1st quarter. AQR Capital Management LLC now owns 149,696 shares of the company’s stock valued at $2,060,000 after acquiring an additional 61,230 shares during the period. Goldman Sachs Group Inc. lifted its position in Permian Resources by 18.5% in the first quarter. Goldman Sachs Group Inc. now owns 5,452,127 shares of the company’s stock valued at $75,512,000 after purchasing an additional 852,347 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Permian Resources by 7.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,209,457 shares of the company’s stock valued at $16,751,000 after purchasing an additional 87,105 shares during the last quarter. GAMMA Investing LLC lifted its position in Permian Resources by 60.4% in the second quarter. GAMMA Investing LLC now owns 10,685 shares of the company’s stock valued at $146,000 after purchasing an additional 4,023 shares during the last quarter. Finally, Kendall Capital Management boosted its stake in shares of Permian Resources by 33.6% during the second quarter. Kendall Capital Management now owns 18,005 shares of the company’s stock valued at $245,000 after purchasing an additional 4,530 shares during the period. Institutional investors own 91.84% of the company’s stock.

Permian Resources Stock Performance

Shares of PR opened at $14.78 on Monday. The company has a 50-day simple moving average of $14.24 and a two-hundred day simple moving average of $13.64. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market capitalization of $12.25 billion, a PE ratio of 13.56 and a beta of 0.66. Permian Resources Corporation has a one year low of $10.01 and a one year high of $15.69.

Permian Resources (NYSE:PR – Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.22). The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. Permian Resources had a return on equity of 11.03% and a net margin of 15.65%.The firm’s revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.53 EPS. On average, analysts anticipate that Permian Resources Corporation will post 1.45 EPS for the current fiscal year.

Permian Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $0.60 annualized dividend and a yield of 4.1%. Permian Resources’s dividend payout ratio (DPR) is currently 55.05%.

Insider Activity

In other news, EVP John Charles Bell sold 106,399 shares of the company’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $13.63, for a total value of $1,450,218.37. Following the sale, the executive vice president directly owned 376,442 shares of the company’s stock, valued at $5,130,904.46. This represents a 22.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Robert Regan Shannon sold 106,405 shares of the stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $13.63, for a total transaction of $1,450,300.15. Following the completion of the transaction, the executive vice president owned 360,667 shares of the company’s stock, valued at approximately $4,915,891.21. The trade was a 22.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 2,210,456 shares of company stock worth $30,231,728. 12.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

PR has been the topic of several analyst reports. UBS Group lifted their target price on shares of Permian Resources from $17.00 to $19.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Zacks Research lowered shares of Permian Resources from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Bank of America reaffirmed a “neutral” rating and set a $16.00 price objective (down from $17.00) on shares of Permian Resources in a research note on Friday, January 16th. The Goldman Sachs Group increased their target price on shares of Permian Resources from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, November 14th. Finally, Piper Sandler reduced their price target on Permian Resources from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Tuesday, November 18th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.79.

Read Our Latest Report on Permian Resources

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.