PBF Energy Inc. (NYSE:PBF – Get Free Report) SVP James Fedena sold 18,941 shares of the company’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $51.66, for a total transaction of $978,492.06. Following the sale, the senior vice president owned 139,016 shares in the company, valued at $7,181,566.56. The trade was a 11.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
PBF Energy Stock Performance
PBF Energy stock traded up $0.37 during mid-day trading on Thursday, reaching $46.46. The company’s stock had a trading volume of 664,029 shares, compared to its average volume of 3,820,163. The company has a market capitalization of $5.43 billion, a P/E ratio of -31.52, a PEG ratio of 0.59 and a beta of 0.24. The firm’s fifty day moving average price is $39.28 and its two-hundred day moving average price is $34.29. PBF Energy Inc. has a 12-month low of $13.61 and a 12-month high of $52.18. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.51 and a current ratio of 1.21.
PBF Energy (NYSE:PBF – Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.64. The company had revenue of $7.14 billion during the quarter, compared to analyst estimates of $7.17 billion. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. PBF Energy’s revenue was down 2.9% compared to the same quarter last year. During the same period last year, the business earned ($2.82) earnings per share. Sell-side analysts predict that PBF Energy Inc. will post -1.12 EPS for the current fiscal year.
PBF Energy Announces Dividend
Analyst Ratings Changes
Several brokerages have weighed in on PBF. Citigroup increased their price target on shares of PBF Energy from $29.00 to $36.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $34.00 price target on shares of PBF Energy in a research note on Monday, January 5th. Mizuho lifted their target price on shares of PBF Energy from $38.00 to $45.00 and gave the company a “neutral” rating in a research note on Tuesday, March 17th. The Goldman Sachs Group upped their target price on PBF Energy from $33.00 to $41.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. Finally, Scotiabank raised PBF Energy to a “hold” rating in a research note on Friday, March 27th. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $31.69.
Read Our Latest Research Report on PBF
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. raised its stake in PBF Energy by 127.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock valued at $171,595,000 after buying an additional 3,550,820 shares during the last quarter. Invesco Ltd. grew 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 acquiring an additional 1,651,516 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of PBF Energy by 230.7% during the second quarter. AQR Capital Management LLC now owns 2,085,060 shares of the oil and gas company’s stock valued at $45,183,000 after acquiring an additional 1,454,500 shares in the last quarter. Norges Bank purchased a new position in shares of PBF Energy in the 4th quarter worth about $34,243,000. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of PBF Energy by 2,198.8% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,212,368 shares of the oil and gas company’s stock worth $36,577,000 after purchasing an additional 1,159,628 shares during the last quarter. Institutional investors own 96.29% of the company’s stock.
More PBF Energy News
Here are the key news stories impacting PBF Energy this week:
- Positive Sentiment: Zacks highlights PBF as a long‑term value stock, arguing company fundamentals and valuation make it attractive for patient investors. Zacks article
- Positive Sentiment: The Motley Fool lists refiners and related energy names (including refiners like PBF) as potential beneficiaries of geopolitical supply disruptions, a theme that can support refining margins and drive investor interest in PBF. Fool article
- Neutral Sentiment: Intraday trade count and volume are lighter than PBF’s average daily volume, implying today’s price move may be driven by headlines rather than broad institutional flows.
- Negative Sentiment: Significant insider selling over Mar. 26–31: Control Empresarial De Capital sold several large blocks (637,000; 600,000; 200,000; 85,000 shares across Mar. 26–31), and multiple executives (SVPs Paul T. Davis and James E. Fedena, and director Thomas J. Nimbley) also sold sizable positions. The collective sales total millions of shares worth tens of millions of dollars and represent measurable reductions in insider ownership — a potential near‑term headwind as it increases supply and can signal profit‑taking by insiders. Filings: Control Empresarial form4 Control Empresarial form4 Control Empresarial form4 2 Paul T. Davis filing James Fedena filing Thomas Nimbley filing
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.
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