Vanguard Group Inc. Sells 76,572 Shares of Vitesse Energy, Inc. $VTS

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Vanguard Group Inc. reduced its stake in Vitesse Energy (NYSE:VTS) by 2.5% in the third quarter, selling 76,572 shares and now holding 2,962,305 shares valued at approximately $68.8 million. The company reported a quarterly loss and missed revenue estimates, with an EPS of ($0.02) against a $0.10 consensus and revenue of $58.6 million compared to an expected $67.1 million. Vitesse Energy declared a quarterly dividend of $0.4375, but its high payout ratio of 357.14% raises concerns about sustainability.

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