Valero Energy (NYSE:VLO) Price Target Raised to $489.00

Valero Energy (NYSE:VLO) had its price objective hoisted by Wells Fargo & Company from $485.00 to $489.00 in a research note released on Friday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the oil and gas company’s stock.

Several other research firms also recently issued reports on VLO. Weiss Ratings upgraded Valero Energy from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. Jefferies Financial Group cut their price objective on Valero Energy from $401.00 to $394.00 and set a “hold” rating on the stock in a research note on Thursday, October 8th. Raymond James Financial raised their price objective on Valero Energy from $350.00 to $450.00 and gave the company a “strong-buy” rating in a research note on Monday, September 14th. Barclays boosted their target price on Valero Energy from $323.00 to $441.00 and gave the stock an “overweight” rating in a report on Tuesday, October 6th. Finally, Piper Sandler upped their target price on Valero Energy from $329.00 to $435.00 and gave the stock an “overweight” rating in a research report on Thursday, September 3rd. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $379.94.

Valero Energy Trading Down 0.0%

Shares of NYSE:VLO opened at $419.19 on Friday. The stock has a market capitalization of $120.70 billion, a PE ratio of 9.43, a P/E/G ratio of 0.24 and a beta of 0.59. Valero Energy has a 1 year low of $159.90 and a 1 year high of $461.52. The firm has a fifty day moving average price of $393.03 and a 200 day moving average price of $310.61. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 0.37.

Valero Energy (NYSE:VLO) last posted its earnings results on Thursday, October 22nd. The oil and gas company reported $23.90 EPS for the quarter, topping the consensus estimate of $21.17 by $2.73. Valero Energy had a net margin of 8.44% and a return on equity of 47.50%. The firm had revenue of $46.10 billion for the quarter, compared to the consensus estimate of $42.71 billion. During the same period in the prior year, the business posted $3.66 earnings per share. The business’s quarterly revenue was up 43.3% on a year-over-year basis. Analysts expect that Valero Energy will post 54.22 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of Valero Energy by 11.4% during the 1st quarter. Bank of America Corp DE now owns 5,033,310 shares of the oil and gas company’s stock worth $1,243,630,000 after purchasing an additional 516,975 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Valero Energy by 9.4% in the 1st quarter. Bank of New York Mellon Corp now owns 2,969,320 shares of the oil and gas company’s stock valued at $733,660,000 after buying an additional 254,604 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Valero Energy by 18.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,842,339 shares of the oil and gas company’s stock valued at $702,285,000 after buying an additional 442,177 shares during the last quarter. Amundi grew its holdings in Valero Energy by 45.3% in the 1st quarter. Amundi now owns 2,584,976 shares of the oil and gas company’s stock valued at $638,695,000 after buying an additional 806,018 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Valero Energy by 33.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,058,341 shares of the oil and gas company’s stock worth $536,074,000 after buying an additional 520,642 shares during the period. Institutional investors and hedge funds own 78.69% of the company’s stock.

Key Valero Energy News

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

• Positive Sentiment: Exceptional Q3 earnings: Valero reported adjusted EPS of $23.90, well above the roughly $21.17 consensus, while revenue increased 43.3% year over year to $46.1 billion. Net income surged to $6.8 billion from $1.1 billion, driven primarily by sharply higher refining margins. Valero Energy Reports Third Quarter 2026 Results
• Positive Sentiment: Favorable operating outlook: Management highlighted tight fuel markets, resilient demand, record ethanol production, improving renewable diesel and ethanol profitability, and expectations that fuel margins could rise again. The company also cited $9.8 billion in cash and disciplined capital spending, supporting financial flexibility. Valero Q3 Earnings Call Highlights Refining and Cash Strength
• Positive Sentiment: Several analysts remain constructive: Barclays raised its price target to $443 and retained an overweight rating, while Wells Fargo lifted its target to $489 and also maintained an overweight rating. Citigroup increased its target to $490, although it kept a neutral rating.
• Neutral Sentiment: Refining-sector momentum is strong but cyclical: Coverage emphasizes that Valero and other refiners are benefiting from tight fuel inventories and unusually high margins. Those conditions support near-term earnings but may be vulnerable to changes in crude prices, fuel demand, supply, or refinery utilization. Valero kicks off refiner results with record quarterly profit on higher margins
• Negative Sentiment: Valuation and analyst disagreement are weighing on sentiment: Freedom Broker reaffirmed a sell rating and assigned a $276 price target, implying substantial downside from the referenced trading level. TD Cowen raised its target to $400 but maintained a hold rating, underscoring concerns that much of the refining upside may already be reflected in VLO’s valuation.

About Valero Energy

Valero Energy Corporation is an international energy company headquartered in San Antonio, Texas. The company’s primary business is refining and marketing transportation fuels, including gasoline, diesel, jet fuel and other products used by commercial, industrial and consumer customers.

Valero operates refineries in the United States, Canada and the United Kingdom. Its refining operations also produce asphalt, petrochemical feedstocks and other petroleum-based products. The company markets fuel through wholesale channels and branded retail networks, including Valero, Beacon and Shamrock-branded locations.

In addition to conventional refining, Valero has businesses focused on renewable fuels.