Legal & General Group Plc Boosts Stake in Vistra Corp.

The investment firm increased its holdings in the energy company by 2.3% in the third quarter.

Mar. 12, 2026 at 10:21am

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Legal & General Group Plc, a major institutional investor, boosted its stake in Vistra Corp. (NYSE:VST) by 2.3% in the third quarter of 2025. The firm now owns 1,576,420 shares of the energy company's stock, worth approximately $308.85 million. This represents about 0.47% of Vistra's total outstanding shares.

Why it matters

Vistra is a major player in the U.S. power generation and retail electricity markets, particularly in Texas. The increase in Legal & General's stake suggests the investment firm sees long-term value in Vistra's business model and growth prospects, even as the company navigates a competitive and evolving energy landscape.

The details

According to the regulatory filing, Legal & General purchased an additional 35,221 shares of Vistra during the third quarter. This boosted the firm's total holdings to 1,576,420 shares. Legal & General is now one of Vistra's largest institutional shareholders, owning about 0.47% of the company's outstanding stock.

  • Legal & General Group Plc increased its stake in Vistra Corp. in the third quarter of 2025.

The players

Legal & General Group Plc

A major global investment management firm based in the United Kingdom.

Vistra Corp.

An integrated power company that develops, owns, and operates electricity generation and retail businesses in the United States.

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The takeaway

Legal & General's increased stake in Vistra suggests the investment firm sees long-term potential in the energy company's diversified power generation assets and retail electricity operations, particularly in the competitive Texas market.