Control Empresarial De Capital Sells 1,400 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 1,400 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $34.50, for a total transaction of $48,300.00. Following the completion of the sale, the insider owned 28,893,198 shares of the company’s stock, valued at $996,815,331. The trade was a 0.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Control Empresarial De Capital also recently made the following trade(s):

• On Monday, February 9th, Control Empresarial De Capital sold 228,500 shares of PBF Energy stock. The shares were sold at an average price of $35.26, for a total transaction of $8,056,910.00.
• On Friday, February 6th, Control Empresarial De Capital sold 303,200 shares of PBF Energy stock. The stock was sold at an average price of $35.62, for a total transaction of $10,799,984.00.
• On Thursday, February 5th, Control Empresarial De Capital sold 157,200 shares of PBF Energy stock. The shares were sold at an average price of $34.66, for a total transaction of $5,448,552.00.
• On Wednesday, February 4th, Control Empresarial De Capital sold 480,000 shares of PBF Energy stock. The shares were sold at an average price of $35.07, for a total value of $16,833,600.00.
• On Tuesday, February 3rd, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The stock was sold at an average price of $33.85, for a total value of $6,770,000.00.
• On Friday, January 30th, Control Empresarial De Capital sold 60,000 shares of PBF Energy stock. The stock was sold at an average price of $33.46, for a total value of $2,007,600.00.
• On Thursday, January 29th, Control Empresarial De Capital sold 35,000 shares of PBF Energy stock. The shares were sold at an average price of $34.07, for a total value of $1,192,450.00.
• On Thursday, January 22nd, Control Empresarial De Capital sold 40,000 shares of PBF Energy stock. The stock was sold at an average price of $33.79, for a total value of $1,351,600.00.
• On Wednesday, January 21st, Control Empresarial De Capital sold 9,000 shares of PBF Energy stock. The stock was sold at an average price of $32.91, for a total value of $296,190.00.
• On Wednesday, January 14th, Control Empresarial De Capital sold 260,000 shares of PBF Energy stock. The stock was sold at an average price of $33.17, for a total transaction of $8,624,200.00.

PBF Energy Trading Down 6.1%

Shares of PBF stock opened at $33.59 on Friday. The firm has a market capitalization of $3.89 billion, a P/E ratio of -7.22, a price-to-earnings-growth ratio of 6.32 and a beta of 0.50. PBF Energy Inc. has a 1 year low of $13.61 and a 1 year high of $41.47. The firm’s fifty day simple moving average is $30.74 and its 200 day simple moving average is $30.28. The company has a current ratio of 1.38, a quick ratio of 0.59 and a debt-to-equity ratio of 0.45.

PBF Energy (NYSE:PBF) last posted its quarterly earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.64. The company had revenue of $7.14 billion for the quarter, compared to analyst estimates of $7.17 billion. PBF Energy had a negative net margin of 1.78% and a negative return on equity of 15.88%. The business’s quarterly revenue was down 2.9% on a year-over-year basis. During the same period last year, the business posted ($2.82) EPS. As a group, sell-side analysts predict that PBF Energy Inc. will post -1.12 EPS for the current year.

PBF Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be issued a $0.275 dividend. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $1.10 annualized dividend and a yield of 3.3%. PBF Energy’s dividend payout ratio is -23.66%.

Institutional Investors Weigh In On PBF Energy

Several large investors have recently made changes to their positions in the company. Smartleaf Asset Management LLC lifted its holdings in PBF Energy by 197.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 887 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 589 shares during the last quarter. Torren Management LLC bought a new position in shares of PBF Energy in the fourth quarter valued at approximately $30,000. Deseret Mutual Benefit Administrators raised its stake in shares of PBF Energy by 62.3% in the third quarter. Deseret Mutual Benefit Administrators now owns 1,146 shares of the oil and gas company’s stock valued at $35,000 after acquiring an additional 440 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of PBF Energy in the 4th quarter worth approximately $31,000. Finally, Hantz Financial Services Inc. grew its position in PBF Energy by 235.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,299 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 912 shares during the last quarter. Institutional investors own 96.29% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on PBF. Mizuho upgraded PBF Energy from an “underperform” rating to a “neutral” rating and boosted their price objective for the company from $31.00 to $38.00 in a research report on Friday, December 12th. Wolfe Research lowered shares of PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price target on the stock. in a report on Monday, December 8th. Piper Sandler set a $41.00 price objective on shares of PBF Energy in a research note on Monday, January 12th. BMO Capital Markets reaffirmed a “market perform” rating and set a $34.00 price objective on shares of PBF Energy in a report on Monday, January 5th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of PBF Energy in a research note on Monday, December 29th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and seven have issued a Sell rating to the company. According to MarketBeat, PBF Energy currently has a consensus rating of “Reduce” and an average target price of $30.14.

Key PBF Energy News

Here are the key news stories impacting PBF Energy this week:

• Positive Sentiment: Q4 beat and operational improvement — PBF reported $0.49 EPS vs. consensus of about ($0.15), and adjusted operating income improved materially year-over-year (Q4 income from operations $128.0M). That surprise drove early strength in the shares. Earnings Call Transcript
• Positive Sentiment: Dividend and refinery update — Management declared a quarterly dividend of $0.275/share and said the Martinez refinery restart is on schedule, supporting cash-return and operational outlook. Press Release
• Neutral Sentiment: Revenue and margin nuance — Revenue of $7.14B slightly missed street (~$7.17B) and the company still showed a negative net margin and negative ROE, indicating earnings beat was driven more by margin rebound than topline strength. Zacks Summary
• Negative Sentiment: Large, ongoing insider selling — Control Empresarial de Capital has been unloading shares in multiple recent transactions (hundreds of thousands of shares cumulatively), which likely pressures sentiment and can trigger short-term selling. Insider Trading Report
• Negative Sentiment: Analyst/valuation headwinds — Despite the beat, consensus analyst coverage is mixed-to-negative (average “Reduce” and a consensus PT near $30), and the firm is still expected to post a negative EPS for the year, which tempers upside. MarketBeat Coverage

About PBF Energy

PBF Energy, Inc is an independent petroleum refiner organized in 2008 and headquartered in Parsippany, New Jersey. The company began trading on the New York Stock Exchange in July 2012 under the ticker symbol PBF. Since its formation, PBF Energy has grown through acquisitions and operational optimization, positioning itself as a leading supplier of refined petroleum products in the United States.

The company owns and operates five refineries located along the U.S. Gulf Coast, East Coast and in the Pacific Northwest, with a combined crude oil processing capacity of approximately 900,000 barrels per day.