Martingale Asset Management L P Buys 59,307 Shares of Valero Energy Corporation $VLO

Martingale Asset Management L P increased its stake in shares of Valero Energy Corporation (NYSE:VLO) by 75.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 137,975 shares of the oil and gas company’s stock after acquiring an additional 59,307 shares during the quarter. Martingale Asset Management L P’s holdings in Valero Energy were worth $22,461,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Norges Bank bought a new stake in shares of Valero Energy during the fourth quarter valued at approximately $1,111,542,000. Franklin Resources Inc. grew its stake in shares of Valero Energy by 7.5% during the fourth quarter. Franklin Resources Inc. now owns 5,668,210 shares of the oil and gas company’s stock valued at $922,728,000 after purchasing an additional 394,693 shares during the last quarter. Barclays PLC grew its stake in shares of Valero Energy by 5.3% during the third quarter. Barclays PLC now owns 4,143,672 shares of the oil and gas company’s stock valued at $705,502,000 after purchasing an additional 209,597 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Valero Energy by 2.3% during the third quarter. Legal & General Group Plc now owns 1,904,181 shares of the oil and gas company’s stock valued at $324,206,000 after purchasing an additional 43,237 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Valero Energy during the third quarter valued at approximately $275,239,000. 78.69% of the stock is owned by institutional investors.

Trending Headlines about Valero Energy

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

• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for Valero, signaling improved profitability expectations for the refining business. MarketBeat Valero Energy coverage
• Positive Sentiment: Zacks added VLO to its Rank #1 (Strong Buy) growth list and highlighted it as a top-ranked momentum stock, which can reinforce bullish sentiment among traders. Best Growth Stocks to Buy for June 12th
• Positive Sentiment: Valero has also been highlighted in recent commentary for its strong Gulf Coast refining advantages, flexible feedstock sourcing, and shareholder returns, helping explain the stock’s recent outperformance. Valero Stock Surges 53.3% in Six Months: Should Investors Buy Now?
• Neutral Sentiment: Morgan Stanley raised its price target to $255 from $232 but kept an “equal weight” rating, suggesting the firm sees limited upside from current levels rather than a strong new catalyst. Benzinga report
• Neutral Sentiment: Several articles noted that VLO is one of the most searched stocks on Zacks and a name traders are watching closely, but that attention alone does not change fundamentals. Investors Heavily Search Valero Energy Corporation (VLO): Here is What You Need to Know

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on VLO. Scotiabank raised 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. Piper Sandler raised their price objective on shares of Valero Energy from $236.00 to $263.00 and gave the company an “overweight” rating in a research note on Wednesday, April 8th. Zacks Research raised shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Citigroup raised their price objective on shares of Valero Energy from $246.00 to $259.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Finally, TD Cowen raised their price objective on shares of Valero Energy from $255.00 to $276.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $245.59.

Valero Energy Price Performance

Shares of VLO stock opened at $258.27 on Friday. Valero Energy Corporation has a 52-week low of $130.78 and a 52-week high of $265.61. The stock has a market cap of $76.69 billion, a PE ratio of 18.77, a PEG ratio of 0.37 and a beta of 0.55. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.15 and a current ratio of 1.58. The firm’s 50 day moving average price is $245.51 and its two-hundred day moving average price is $212.55.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $1.06. The firm had revenue of $32.38 billion for the quarter, compared to analysts’ expectations of $31.38 billion. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period last year, the firm earned $0.89 earnings per share. As a group, analysts forecast that Valero Energy Corporation will post 26.83 EPS for the current year.

Valero Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Thursday, May 21st will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Thursday, May 21st. Valero Energy’s dividend payout ratio (DPR) is currently 34.88%.

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.