Cinctive Capital Management LP Sells 77,415 Shares of Valero Energy Corporation $VLO

Cinctive Capital Management LP decreased its position in Valero Energy Corporation (NYSE:VLO) by 56.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,363 shares of the oil and gas company’s stock after selling 77,415 shares during the quarter. Cinctive Capital Management LP’s holdings in Valero Energy were worth $10,277,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VLO. Waddell & Associates LLC grew its holdings in shares of Valero Energy by 2.8% during the third quarter. Waddell & Associates LLC now owns 2,040 shares of the oil and gas company’s stock worth $347,000 after buying an additional 56 shares in the last quarter. DSG Capital Advisors LLC lifted its stake in Valero Energy by 1.6% in the 3rd quarter. DSG Capital Advisors LLC now owns 3,803 shares of the oil and gas company’s stock valued at $647,000 after acquiring an additional 60 shares in the last quarter. Cypress Capital Group boosted its position in Valero Energy by 0.3% during the 3rd quarter. Cypress Capital Group now owns 18,786 shares of the oil and gas company’s stock worth $3,199,000 after acquiring an additional 63 shares during the last quarter. Private Trust Co. NA boosted its position in Valero Energy by 2.0% during the 3rd quarter. Private Trust Co. NA now owns 3,381 shares of the oil and gas company’s stock worth $576,000 after acquiring an additional 65 shares during the last quarter. Finally, Becker Capital Management Inc. grew its stake in shares of Valero Energy by 0.6% during the 3rd quarter. Becker Capital Management Inc. now owns 11,837 shares of the oil and gas company’s stock worth $2,015,000 after acquiring an additional 65 shares in the last quarter. 78.69% of the stock is currently owned by institutional investors.

Trending Headlines about Valero Energy

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

• Positive Sentiment: Goldman Sachs raised its price target to $237 and kept a Buy rating, offering a near-term catalyst and institutional endorsement that can support the share price. Read More.
• Positive Sentiment: Valero increased its quarterly dividend to $1.20 (annualized $4.80), which strengthens the income argument for the stock and can attract yield-focused buyers. Read More.
• Positive Sentiment: Notable institutional accumulation has been reported (several funds adding positions), signalling conviction from longer-term investors in a refining recovery. Read More.
• Neutral Sentiment: Analysts are revising fair-value assumptions (example fair value moved to ~$202.72), producing mixed calls — some firms lift targets, others trim them depending on refining/crude assumptions. This creates divergent analyst signals rather than a clear consensus catalyst. Read More.
• Neutral Sentiment: Several investor-attention and dividend-themed write-ups (Zacks/Yahoo) are increasing visibility; helpful for flows but not a direct fundamental change. Read More.
• Negative Sentiment: Insider selling: SVP Eric A. Fisher disclosed sizable sales this week (8,311 shares at ~ $227.69 and an additional 400 shares at ~$238.60). Large insider disposals can spook short-term sentiment even though he retains a substantial holding. Read More.
• Negative Sentiment: Policy risk: reports that the White House is considering a temporary Jones Act waiver to ease fuel shipping could, if enacted, lower domestic fuel prices and compress refiners’ margins — a material industry risk for Valero. Read More.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on VLO. Piper Sandler lifted their price objective on shares of Valero Energy from $217.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Barclays raised their target price on shares of Valero Energy from $169.00 to $184.00 and gave the company an “overweight” rating in a research report on Monday, November 17th. UBS Group reiterated a “buy” rating on shares of Valero Energy in a research note on Tuesday, January 6th. Wall Street Zen raised shares of Valero Energy from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Valero Energy from $197.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.20.

Valero Energy Trading Down 2.2%

NYSE VLO opened at $230.57 on Friday. Valero Energy Corporation has a 12 month low of $99.00 and a 12 month high of $240.27. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 0.36. The stock has a 50 day moving average of $197.83 and a 200-day moving average of $177.83. The company has a market cap of $68.95 billion, a PE ratio of 30.18, a PEG ratio of 1.18 and a beta of 0.70.

Valero Energy (NYSE:VLO) last issued its earnings results on Thursday, January 29th. The oil and gas company reported $3.82 earnings per share for the quarter, topping analysts’ consensus estimates of $3.27 by $0.55. Valero Energy had a net margin of 1.91% and a return on equity of 12.35%. The business had revenue of $30.37 billion for the quarter, compared to the consensus estimate of $28.20 billion. During the same period in the previous year, the company earned $0.64 earnings per share. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. On average, equities research analysts anticipate that Valero Energy Corporation will post 7.92 EPS for the current fiscal year.

Valero Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Thursday, February 5th were paid a dividend of $1.20 per share. The ex-dividend date was Thursday, February 5th. This represents a $4.80 annualized dividend and a dividend yield of 2.1%. This is a boost from Valero Energy’s previous quarterly dividend of $1.13. Valero Energy’s dividend payout ratio (DPR) is presently 62.83%.

Insider Buying and Selling at Valero Energy

In other news, SVP Eric A. Fisher sold 8,311 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $227.69, for a total value of $1,892,331.59. Following the sale, the senior vice president directly owned 42,242 shares of the company’s stock, valued at approximately $9,618,080.98. This represents a 16.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.04% of the stock is owned by corporate insiders.

About Valero Energy

Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.

In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.