Manning & Napier Advisors LLC trimmed its position in shares of Valero Energy Corporation (NYSE:VLO – Free Report) by 15.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,360 shares of the oil and gas company’s stock after selling 6,160 shares during the period. Manning & Napier Advisors LLC’s holdings in Valero Energy were worth $5,665,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of VLO. Montecito Bank & Trust raised its stake in shares of Valero Energy by 1.4% during the 4th quarter. Montecito Bank & Trust now owns 3,909 shares of the oil and gas company’s stock worth $636,000 after purchasing an additional 54 shares in the last quarter. Waddell & Associates LLC grew its stake in shares of Valero Energy by 2.8% in the 3rd quarter. Waddell & Associates LLC now owns 2,040 shares of the oil and gas company’s stock valued at $347,000 after buying an additional 56 shares in the last quarter. DSG Capital Advisors LLC grew its stake in shares of 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 buying an additional 60 shares in the last quarter. River Street Advisors LLC increased its holdings in Valero Energy by 0.5% in the fourth quarter. River Street Advisors LLC now owns 12,107 shares of the oil and gas company’s stock worth $1,971,000 after buying an additional 61 shares during the last quarter. Finally, Childress Capital Advisors LLC increased its holdings in Valero Energy by 2.2% in the fourth quarter. Childress Capital Advisors LLC now owns 2,945 shares of the oil and gas company’s stock worth $479,000 after buying an additional 62 shares during the last quarter. Institutional investors and hedge funds own 78.69% of the company’s stock.
Valero Energy Trading Up 1.9%
Shares of NYSE:VLO opened at $240.81 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.11 and a current ratio of 1.58. The stock’s 50-day moving average is $234.82 and its 200-day moving average is $198.52. The company has a market cap of $72.01 billion, a P/E ratio of 17.50, a P/E/G ratio of 0.34 and a beta of 0.58. Valero Energy Corporation has a 52-week low of $121.41 and a 52-week high of $258.43.
Valero Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Thursday, May 21st will be given a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, May 21st. Valero Energy’s dividend payout ratio is currently 34.88%.
Analyst Ratings Changes
A number of research firms have issued reports on VLO. UBS Group lifted their target price on shares of Valero Energy from $215.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, April 2nd. Weiss Ratings upgraded shares of Valero Energy from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Scotiabank lifted their price objective on shares of Valero Energy from $178.00 to $226.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. Raymond James Financial upped their price objective on shares of Valero Energy from $215.00 to $290.00 and gave the stock a “strong-buy” rating in a report on Wednesday, March 25th. Finally, Barclays raised their target price on Valero Energy from $184.00 to $261.00 and gave the company an “overweight” rating in a report on Wednesday, April 8th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $237.94.
View Our Latest Research Report on VLO
Valero Energy News Summary
Here are the key news stories impacting Valero Energy this week:
- Positive Sentiment: Valero was highlighted on “best low-beta” stock screens, suggesting investors may be rotating into steadier, less volatile names during market turbulence. Best Low-Beta Stocks to Own Right Away: LQDA, CBOE, VLO & FANG
- Positive Sentiment: Analysts at Erste Group raised FY2027 EPS estimates for Valero, signaling improving earnings expectations. Valero Energy estimate update
- Positive Sentiment: Morgan Stanley lifted its price target on Valero to $232 from $222, pointing to stronger-than-expected first-quarter results and reinforcing a constructive view on the stock. Morgan Stanley Raises its Price Target on Valero Energy (VLO) to $232
- Positive Sentiment: Valero was added to a Zacks Rank #1 “Strong Buy” growth list, which can draw momentum and growth-oriented investors. Best Growth Stocks to Buy for May 7th
- Positive Sentiment: The company declared a quarterly cash dividend of $1.20 per share, confirming shareholder returns and supporting income-investor demand. Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
- Neutral Sentiment: Valero also appeared in PEG-driven “GARP” stock roundups, highlighting its mix of value and growth but offering no new company-specific catalyst. Zacks.com featured highlights include Dow, Valero Energy, Ultrapar Participacoes and Nexa Resources
Insider Activity
In other news, SVP Eric A. Fisher sold 400 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $238.60, for a total value of $95,440.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.36% of the company’s stock.
Valero Energy 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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