PBF Energy (NYSE:PBF) Insider Control Empresarial De Capital Sells 120,000 Shares

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 120,000 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $38.33, for a total transaction of $4,599,600.00. Following the sale, the insider directly owned 27,471,198 shares in the company, valued at $1,052,971,019.34. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Tuesday, March 3rd, Control Empresarial De Capital sold 99,000 shares of PBF Energy stock. The stock was sold at an average price of $40.33, for a total value of $3,992,670.00.
• On Tuesday, February 24th, Control Empresarial De Capital sold 250,000 shares of PBF Energy stock. The shares were sold at an average price of $34.91, for a total transaction of $8,727,500.00.
• On Thursday, February 12th, Control Empresarial De Capital sold 3,000 shares of PBF Energy stock. The stock was sold at an average price of $36.79, for a total value of $110,370.00.
• On Wednesday, February 11th, Control Empresarial De Capital sold 450,000 shares of PBF Energy stock. The shares were sold at an average price of $35.38, for a total transaction of $15,921,000.00.
• On Tuesday, February 10th, Control Empresarial De Capital sold 1,400 shares of PBF Energy stock. The shares were sold at an average price of $34.50, for a total transaction of $48,300.00.
• 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 shares were sold at an average price of $35.62, for a total value of $10,799,984.00.
• On Thursday, February 5th, Control Empresarial De Capital sold 157,200 shares of PBF Energy stock. The stock was sold at an average price of $34.66, for a total value 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 transaction of $6,770,000.00.

PBF Energy Stock Performance

NYSE PBF opened at $44.79 on Thursday. The company’s 50 day moving average is $32.73 and its 200-day moving average is $31.59. PBF Energy Inc. has a 12-month low of $13.61 and a 12-month high of $45.13. The firm has a market cap of $5.24 billion, a P/E ratio of -30.47, a price-to-earnings-growth ratio of 5.33 and a beta of 0.41. The company has a quick ratio of 0.51, a current ratio of 1.21 and a debt-to-equity ratio of 0.40.

PBF Energy (NYSE:PBF) last announced its quarterly earnings data on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.64. The company had revenue of $7.14 billion for the quarter, compared to analysts’ expectations of $7.17 billion. PBF Energy had a negative return on equity of 8.86% and a negative net margin of 0.54%.PBF Energy’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period last year, the firm posted ($2.82) EPS. Sell-side analysts predict that PBF Energy Inc. will post -1.12 earnings per share for the current year.

PBF Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be given a $0.275 dividend. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $1.10 annualized dividend and a dividend yield of 2.5%. PBF Energy’s dividend payout ratio is currently -74.83%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on PBF shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of PBF Energy in a research report on Monday, December 29th. Piper Sandler lifted their target price on shares of PBF Energy from $41.00 to $42.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Citigroup upped their price objective on PBF Energy from $29.00 to $36.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Mizuho upgraded shares of PBF Energy from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $31.00 to $38.00 in a research note on Friday, December 12th. Finally, BMO Capital Markets restated a “market perform” rating and set a $34.00 price objective on shares of PBF Energy in a research report on Monday, January 5th. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $30.21.

Institutional Investors Weigh In On PBF Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its holdings in PBF Energy by 127.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock worth $171,595,000 after purchasing an additional 3,550,820 shares during the period. Invesco Ltd. raised its stake in shares of PBF Energy by 147.4% in the third quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock worth $83,639,000 after buying an additional 1,651,516 shares during the period. AQR Capital Management LLC raised its stake in shares of PBF Energy by 230.7% in the second quarter. AQR Capital Management LLC now owns 2,085,060 shares of the oil and gas company’s stock worth $45,183,000 after buying an additional 1,454,500 shares during the period. Norges Bank purchased a new position in shares of PBF Energy during the 4th quarter valued at about $34,243,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of PBF Energy by 2,198.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,212,368 shares of the oil and gas company’s stock valued at $36,577,000 after acquiring an additional 1,159,628 shares during the period. 96.29% of the stock is currently owned by hedge funds and other institutional investors.

PBF Energy News Roundup

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

• Positive Sentiment: Unusually heavy call buying — traders purchased 14,762 call options (a ~392% increase versus average), signaling speculative bullish positioning or hedging by institutional/options traders that can amplify upside into company news.
• Positive Sentiment: Shares ran to a one‑year high as investors accumulated ahead of business updates and conference participation, reflecting elevated market interest and expectations for positive operational or guidance commentary. PBF Energy (PBF) Climbs to 1-Year High Ahead of Business Updates
• Neutral Sentiment: Major holder Control Empresarial de Capital remains a very large shareholder after recent sales (ownership still >27 million shares, valued at roughly $1.0–1.1B), which suggests long‑term alignment even as it trimmed its position. SEC Form 4 — Control Empresarial
• Negative Sentiment: Insider selling by Control Empresarial de Capital: sold 120,000 shares on 3/2 at ~$38.33 and 99,000 shares on 3/3 at ~$40.33 (combined proceeds ≈ $8.6M). While small relative to their total stake, the sales are a potential signal that some insiders are taking profits into the rally. SEC Form 4 — Control Empresarial
• Negative Sentiment: Director Thomas J. Nimbley sold 200,000 shares on 3/3 at an average of $40.07 (≈ $8.0M), a ~20% reduction in his holdings, which may raise governance/insider confidence questions for some investors. SEC Filing — Thomas J. Nimbley

PBF Energy Company Profile

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.