Institutional investors increase holdings in Permian Resources Corporation

During the first quarter, several institutional investors added new positions in Permian Resources Corporation (NYSE: PR). Bank of Nova Scotia acquired 91,000 shares valued at about $1.94 million, while Talon Private Wealth LLC purchased 120,697 shares worth roughly $2.57 million. The filings also note that other funds, such as Horizon Investments, Sanctuary Advisors, Sterling Capital Management, HighTower Advisors and UBS Group, have recently adjusted their stakes, bringing total institutional ownership to approximately 91.8 % of the company’s shares.

These purchases occurred alongside recent analyst activity, including upgrades to strong‑buy and price‑target adjustments, suggesting continued market interest in the oil‑and‑gas producer.