Groupama Asset Managment boosted its holdings in Valero Energy Corporation (NYSE:VLO – Free Report) by 34.7% in the first quarter, HoldingsChannel.com reports. The firm owned 211,607 shares of the oil and gas company’s stock after acquiring an additional 54,523 shares during the period. Groupama Asset Managment’s holdings in Valero Energy were worth $52,284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently added to or reduced their stakes in the business. Whipplewood Advisors LLC raised its holdings in shares of Valero Energy by 3,400.0% during the first quarter. Whipplewood Advisors LLC now owns 105 shares of the oil and gas company’s stock worth $26,000 after purchasing an additional 102 shares during the period. JPL Wealth Management LLC acquired a new position in shares of Valero Energy in the 3rd quarter valued at about $27,000. Financial Life Planners acquired a new position in shares of Valero Energy in the 1st quarter valued at about $28,000. Valued Wealth Advisors LLC grew its position in shares of Valero Energy by 134.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 117 shares of the oil and gas company’s stock valued at $29,000 after buying an additional 67 shares during the last quarter. Finally, Torren Management LLC bought a new stake in shares of Valero Energy during the 4th quarter valued at about $30,000. Institutional investors own 78.69% of the company’s stock.
Insider Buying and Selling
In related news, SVP Eric A. Fisher sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $268.17, for a total value of $2,011,275.00. Following the sale, the senior vice president directly owned 19,742 shares in the company, valued at $5,294,212.14. This trade represents a 27.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.36% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on Valero Energy
Trending Headlines about Valero Energy
Here are the key news stories impacting Valero Energy this week:
- Positive Sentiment: Record earnings significantly exceeded expectations. Valero reported second-quarter net income of $3.7 billion, or $12.62 per share, versus $714 million, or $2.28 per share, a year earlier. Adjusted EPS of $12.54 surpassed consensus estimates near $9.87-$10.13, while revenue rose 48.8% to $44.48 billion. Valero Energy beats quarterly profit estimates on higher refining margins
- Positive Sentiment: Refining conditions were particularly favorable. Higher refining margins, sturdy fuel demand and increased U.S. fuel exports—partly supported by heightened Middle East tensions—boosted profitability. Lower-cost Venezuelan feedstocks also aided results. Valero posts highest-ever Q2 profit
- Positive Sentiment: Renewables and capital discipline added support. Gains in renewable diesel and ethanol contributed to stronger profits and cash flow, while management emphasized disciplined capital allocation and ongoing shareholder returns. VLO Q2 Earnings Call Highlights Refining Strength
- Positive Sentiment: Analysts raised their outlooks. Wells Fargo increased its price target from $292 to $356 and retained an “overweight” rating. Barclays lifted its target from $279 to $323 and also rated the stock “overweight,” reinforcing the positive reaction to the earnings report.
- Positive Sentiment: The dividend remains a key attraction. Valero reaffirmed its $1.20-per-share quarterly dividend, payable August 31 to shareholders of record July 31, supporting the investment case based on cash returns. Valero Energy Corp’s Dividend Analysis
- Neutral Sentiment: Valero’s strong quarter improves its value profile, but the stock’s rally leaves less upside to some analyst targets and increases sensitivity to future refining-margin normalization.
- Negative Sentiment: Management said tax-credit changes and registration hurdles have slowed biofuel imports, creating challenges for renewable-fuel compliance and potentially limiting near-term benefits in the company’s renewables business. Tax-credit overhaul slows biofuel imports
Valero Energy Trading Up 0.4%
Valero Energy stock opened at $312.89 on Friday. Valero Energy Corporation has a 52-week low of $130.78 and a 52-week high of $320.24. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $92.91 billion, a price-to-earnings ratio of 12.98, a PEG ratio of 0.20 and a beta of 0.55. The firm has a 50-day moving average price of $270.62 and a two-hundred day moving average price of $238.69.
Valero Energy (NYSE:VLO – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The oil and gas company reported $12.54 EPS for the quarter, beating the consensus estimate of $10.11 by $2.43. The company had revenue of $44.48 billion for the quarter, compared to analyst estimates of $39.47 billion. Valero Energy had a net margin of 5.17% and a return on equity of 27.11%. Valero Energy’s revenue was up 48.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.28 earnings per share. Sell-side analysts expect that Valero Energy Corporation will post 36.64 earnings per share for the current year.
Valero Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, July 31st will be issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, July 31st. Valero Energy’s dividend payout ratio is 19.92%.
Valero Energy Company Profile
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.
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