PBF Energy (NYSE:PBF) Insider Control Empresarial De Capital Sells 120,000 Shares of Stock

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 120,000 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $74.79, for a total value of $8,974,800.00. Following the completion of the sale, the insider owned 14,285,397 shares of the company’s stock, valued at approximately $1,068,404,841.63. This represents a 0.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Control Empresarial De Capital also recently made the following trade(s):

• On Friday, August 14th, Control Empresarial De Capital sold 6,356 shares of PBF Energy stock. The stock was sold at an average price of $74.28, for a total value of $472,123.68.
• On Thursday, August 13th, Control Empresarial De Capital sold 210,000 shares of PBF Energy stock. The stock was sold at an average price of $72.18, for a total value of $15,157,800.00.
• On Wednesday, August 12th, Control Empresarial De Capital sold 150,000 shares of PBF Energy stock. The stock was sold at an average price of $70.13, for a total value of $10,519,500.00.
• On Tuesday, August 11th, Control Empresarial De Capital sold 220,375 shares of PBF Energy stock. The shares were sold at an average price of $68.68, for a total value of $15,135,355.00.
• On Thursday, July 30th, Control Empresarial De Capital sold 490,000 shares of PBF Energy stock. The shares were sold at an average price of $71.26, for a total value of $34,917,400.00.
• On Monday, July 20th, Control Empresarial De Capital sold 220,000 shares of PBF Energy stock. The shares were sold at an average price of $63.96, for a total transaction of $14,071,200.00.
• On Friday, July 10th, Control Empresarial De Capital sold 100,000 shares of PBF Energy stock. The stock was sold at an average price of $54.52, for a total transaction of $5,452,000.00.
• On Thursday, July 9th, Control Empresarial De Capital sold 270,000 shares of PBF Energy stock. The stock was sold at an average price of $53.18, for a total value of $14,358,600.00.
• On Wednesday, July 8th, Control Empresarial De Capital sold 380,000 shares of PBF Energy stock. The shares were sold at an average price of $52.29, for a total value of $19,870,200.00.
• On Monday, July 6th, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The shares were sold at an average price of $49.14, for a total transaction of $9,828,000.00.

PBF Energy Stock Performance

Shares of PBF stock opened at $73.92 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.67 and a current ratio of 1.33. PBF Energy Inc. has a one year low of $22.13 and a one year high of $75.68. The company’s 50-day simple moving average is $56.34 and its 200-day simple moving average is $46.34. The stock has a market capitalization of $8.76 billion, a price-to-earnings ratio of 6.54, a PEG ratio of 0.09 and a beta of 0.10.

PBF Energy (NYSE:PBF) last issued its quarterly earnings results on Thursday, July 30th. The oil and gas company reported $6.22 earnings per share for the quarter, beating analysts’ consensus estimates of $4.15 by $2.07. The business had revenue of $11.68 billion during the quarter, compared to the consensus estimate of $9.61 billion. PBF Energy had a return on equity of 11.27% and a net margin of 3.94%.The business’s quarterly revenue was up 56.2% on a year-over-year basis. During the same period in the previous year, the business earned ($1.03) EPS. Equities analysts anticipate that PBF Energy Inc. will post 15.74 earnings per share for the current fiscal year.

PBF Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a dividend of $0.275 per share. The ex-dividend date is Friday, August 14th. This represents a $1.10 annualized dividend and a yield of 1.5%. PBF Energy’s payout ratio is presently 9.73%.

Analyst Upgrades and Downgrades

PBF has been the subject of several research reports. Wall Street Zen raised shares of PBF Energy from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Freedom Capital cut PBF Energy from a “hold” rating to a “strong sell” rating in a report on Friday, July 31st. Evercore assumed coverage on shares of PBF Energy in a research note on Friday, July 17th. They set an “in-line” rating and a $58.00 price objective on the stock. Zacks Research raised shares of PBF Energy from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Finally, TD Cowen upped their price objective on shares of PBF Energy from $39.00 to $68.00 and gave the stock a “hold” rating in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $50.92.

Hedge Funds Weigh In On PBF Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Leonteq Securities AG acquired a new position in shares of PBF Energy during the 1st quarter valued at $33,000. Torren Management LLC bought a new stake in shares of PBF Energy in the 4th quarter worth $30,000. Los Angeles Capital Management LLC acquired a new stake in shares of PBF Energy in the fourth quarter valued at $31,000. Smartleaf Asset Management LLC boosted its stake in PBF Energy by 65.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,466 shares of the oil and gas company’s stock valued at $38,000 after buying an additional 579 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. bought a new position in PBF Energy during the fourth quarter valued at about $57,000. 96.29% of the stock is owned by institutional investors.

Key Headlines Impacting PBF Energy

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

• Positive Sentiment: Goldman Sachs raised its price target for PBF Energy from $71 to $81 while maintaining a neutral rating, indicating additional potential upside from recent levels. Goldman Sachs Price Target Update
• Positive Sentiment: The company continues to benefit from strong recent fundamentals. Second-quarter earnings significantly exceeded expectations, the Martinez refinery restart was completed, and gross debt declined by more than $1 billion. Tight fuel supplies and elevated gasoline prices could also support refining margins. PBF Energy Martinez Refinery Restart
• Neutral Sentiment: Analysts and quantitative screens continue to identify PBF Energy as a potential growth or value opportunity because of its low valuation and improving financial performance. However, the broader analyst consensus remains cautious, reflecting the cyclical nature of refining earnings. PBF Energy Growth Stock Analysis
• Negative Sentiment: Director Thomas J. Nimbley sold 341,008 shares over August 17–19 for approximately $25.4 million, reducing his holdings by roughly 38% across the reported transactions. Control Empresarial de Capital also sold 120,000 shares for about $9.0 million and has made multiple recent sales. The scale and clustering of these transactions may signal profit-taking or raise concerns about insider confidence. PBF Energy Insider Sale Filings
• Negative Sentiment: PBF Energy’s rapid rally has brought valuation and margin sustainability into focus. Some analysts retain sell ratings, and the consensus price target remains well below the recent trading range, suggesting investors may be concerned that peak refining margins and earnings are not durable. PBF Energy Refining Margins and Valuation

PBF Energy Company Profile

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.