Corecam Pte. Ltd. lessened its position in shares of Venture Global, Inc. (NYSE:VG – Free Report) by 96.6% during the third quarter, HoldingsChannel.com reports. The fund owned 17,090 shares of the company’s stock after selling 485,240 shares during the period. Corecam Pte. Ltd.’s holdings in Venture Global were worth $216,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Sowell Financial Services LLC boosted its holdings in Venture Global by 59.2% in the 3rd quarter. Sowell Financial Services LLC now owns 16,014 shares of the company’s stock valued at $202,000 after purchasing an additional 5,953 shares during the period. Inspire Investing LLC increased its holdings in shares of Venture Global by 20.8% in the third quarter. Inspire Investing LLC now owns 146,030 shares of the company’s stock worth $1,846,000 after purchasing an additional 25,180 shares during the period. SBI Securities Co. Ltd. increased its holdings in shares of Venture Global by 11.3% in the third quarter. SBI Securities Co. Ltd. now owns 13,484 shares of the company’s stock worth $170,000 after purchasing an additional 1,371 shares during the period. Reyes Financial Architecture Inc. purchased a new stake in shares of Venture Global in the third quarter worth $28,000. Finally, Pinnacle Associates Ltd. raised its position in shares of Venture Global by 1.8% in the third quarter. Pinnacle Associates Ltd. now owns 355,649 shares of the company’s stock worth $4,495,000 after buying an additional 6,316 shares in the last quarter.
Venture Global News Roundup
Here are the key news stories impacting Venture Global this week:
- Positive Sentiment: Potential QatarEnergy LNG deal: QatarEnergy is reportedly in advanced talks to purchase at least 3 million metric tons of LNG annually from Venture Global under a long-term supply agreement. A contract of this size could improve revenue visibility and support utilization of Venture Global’s expanding export capacity, although no final agreement has been announced. QatarEnergy in talks with Venture Global to buy LNG in long term supply deal, sources say
- Positive Sentiment: Higher earnings forecast: Scotiabank raised its fiscal 2026 earnings-per-share estimate for Venture Global to $1.79 from $1.75. The firm retained a “Sector Perform” rating and a $16 price target, suggesting improved expectations but limited perceived upside from its target. Scotiabank raises Venture Global earnings estimate
- Positive Sentiment: Elevated call-option activity: Investors purchased 42,645 call options, approximately 67% above the average volume. The activity may indicate increased expectations for further gains, though options flows are speculative and do not guarantee a stock-price increase. Is the Options Market Predicting a Spike in Venture Global Stock?
- Neutral Sentiment: Analyst commentary continues to highlight Venture Global’s LNG capacity expansion, earnings growth and relatively discounted valuation, balanced against project execution risks and LNG-price volatility. Should Investors Buy VG Stock for Its Strong LNG Growth Prospects?
- Negative Sentiment: CFO stock sale: Venture Global’s CFO sold approximately $1.41 million of company stock. Insider selling can weigh on sentiment, although it may reflect personal financial planning rather than a negative view of the business. Venture Global CFO sells stock
Wall Street Analyst Weigh In
Several research firms recently issued reports on VG. Mizuho lifted their price objective on Venture Global from $13.00 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, July 22nd. Zacks Research cut Venture Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th. Scotiabank upped their target price on Venture Global from $15.00 to $16.00 and gave the stock a “sector perform” rating in a research note on Thursday, September 10th. Wells Fargo & Company raised Venture Global from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $15.00 to $21.00 in a report on Tuesday. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $14.00 price target on shares of Venture Global in a research report on Friday, October 16th. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $16.53.
Check Out Our Latest Research Report on Venture Global
Insider Buying and Selling
In other Venture Global news, COO Brian Cothran sold 152,660 shares of the firm’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $16.15, for a total transaction of $2,465,459.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Jonathan W. Thayer sold 111,111 shares of Venture Global stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $13.86, for a total value of $1,539,998.46. The disclosure for this sale is available in the SEC filing. Insiders sold 2,493,553 shares of company stock valued at $35,074,470 in the last three months. 84.24% of the stock is owned by corporate insiders.
Venture Global Price Performance
VG stock opened at $13.99 on Friday. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.19 and a quick ratio of 1.11. Venture Global, Inc. has a one year low of $5.72 and a one year high of $17.62. The stock has a market cap of $34.99 billion, a PE ratio of 11.02 and a beta of 0.35. The firm has a 50 day simple moving average of $13.82 and a two-hundred day simple moving average of $13.11.
Venture Global (NYSE:VG – Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. The firm had revenue of $4.58 billion for the quarter. Venture Global had a net margin of 21.24% and a return on equity of 34.08%. On average, analysts predict that Venture Global, Inc. will post 1.75 EPS for the current fiscal year.
Venture Global Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 1.1%. This is a boost from Venture Global’s previous quarterly dividend of $0.0180. The ex-dividend date was Tuesday, September 15th. Venture Global’s dividend payout ratio (DPR) is presently 12.60%.
About Venture Global
Venture Global, Inc (NYSE:VG) is a U.S.-based liquefied natural gas (LNG) company that develops, constructs, owns and operates LNG export facilities. The company sources natural gas, processes it into LNG and exports the product to customers in international energy markets.
Venture Global’s operating and development portfolio is concentrated along the U.S. Gulf Coast, particularly in Louisiana. Its projects include the Calcasieu Pass LNG facility, the Plaquemines LNG facility and additional proposed developments such as CP2 LNG and Delta LNG.
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