Old North State Trust LLC purchased a new stake in Valero Energy Corporation (NYSE:VLO – Free Report) in the second quarter, Holdings Channel.com reports. The firm purchased 2,425 shares of the oil and gas company’s stock, valued at approximately $632,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. V Square Quantitative Management LLC boosted its stake in shares of Valero Energy by 0.6% during the 1st quarter. V Square Quantitative Management LLC now owns 6,670 shares of the oil and gas company’s stock valued at $1,648,000 after buying an additional 42 shares during the last quarter. M.E. Allison & CO. Inc. raised its holdings in Valero Energy by 5.8% in the second quarter. M.E. Allison & CO. Inc. now owns 916 shares of the oil and gas company’s stock valued at $239,000 after acquiring an additional 50 shares in the last quarter. Ridgecrest Wealth Partners LLC boosted its stake in Valero Energy by 5.0% during the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 1,054 shares of the oil and gas company’s stock valued at $275,000 after acquiring an additional 50 shares during the last quarter. CYBER HORNET ETFs LLC grew its holdings in Valero Energy by 5.5% during the 4th quarter. CYBER HORNET ETFs LLC now owns 975 shares of the oil and gas company’s stock worth $159,000 after acquiring an additional 51 shares in the last quarter. Finally, Bruce G. Allen Investments LLC increased its position in shares of Valero Energy by 32.9% in the 4th quarter. Bruce G. Allen Investments LLC now owns 206 shares of the oil and gas company’s stock worth $34,000 after purchasing an additional 51 shares during the last quarter. 78.69% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Valero Energy
In related news, SVP Eric A. Fisher sold 7,500 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $268.17, for a total value of $2,011,275.00. Following the completion of the sale, the senior vice president owned 19,742 shares of the company’s stock, valued at $5,294,212.14. This represents a 27.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.36% of the stock is currently owned by corporate insiders.
Valero Energy Trading Down 0.3%
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. Valero Energy had a net margin of 5.17% and a return on equity of 26.74%. The company had revenue of $44.48 billion for the quarter, compared to analyst estimates of $39.47 billion. During the same quarter last year, the business earned $2.28 earnings per share. Valero Energy’s revenue was up 48.8% compared to the same quarter last year. Sell-side analysts anticipate that Valero Energy Corporation will post 40.62 earnings per share for the current year.
Valero Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, July 31st will be issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, July 31st. Valero Energy’s dividend payout ratio (DPR) is 19.92%.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on VLO. UBS Group boosted their price target on Valero Energy from $280.00 to $355.00 and gave the company a “buy” rating in a report on Friday, July 31st. Mizuho boosted their target price on shares of Valero Energy from $289.00 to $300.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. Jefferies Financial Group set a $350.00 price target on shares of Valero Energy in a research report on Monday, August 3rd. Erste Group Bank lowered shares of Valero Energy from a “buy” rating to a “hold” rating in a report on Thursday. Finally, Raymond James Financial raised their target price on shares of Valero Energy from $300.00 to $340.00 and gave the stock a “strong-buy” rating in a report on Monday, July 13th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $288.00.
Read Our Latest Stock Analysis on Valero Energy
Key Valero Energy News
Here are the key news stories impacting Valero Energy this week:
- Positive Sentiment: Tight global refining capacity, low light-product inventories and supply disruptions are supporting stronger refining margins. Valero’s flexible coastal refinery network is positioned to benefit if these conditions persist. Is Valero Energy Poised to Benefit From a Tight Refining Market?
- Positive Sentiment: Valero was included in a Zacks list of Rank #1 “Strong Buy” growth stocks, reflecting favorable earnings momentum and growth characteristics. Best Growth Stocks to Buy for August 27th
- Positive Sentiment: The company’s approximately $7.9 billion cash balance, low leverage and established capital-return program provide financial flexibility. Refinery upgrades could further improve cash generation and shareholder returns. Will Valero’s Excess Cash Translate Into Higher Shareholder Returns?
- Positive Sentiment: Coverage also points to falling Treasury yields, strong earnings trends and low debt as potential supports for VLO, while Barron’s sees additional upside after the shares more than doubled in 2026 on surging refining margins. 3 Growth Stocks to Buy as Treasury Yields Fall
- Neutral Sentiment: Valero was highlighted in several investment screens and value-oriented articles, increasing visibility but adding limited new company-specific information.
- Negative Sentiment: Erste Group Bank AG downgraded Valero from “buy” to “hold.” The move may temper enthusiasm, particularly with the stock trading close to its 52-week high after a substantial rally. Finviz Valero Energy coverage
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.
Featured Articles
- Five stocks we like better than Valero Energy
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
Want to see what other hedge funds are holding VLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Valero Energy Corporation (NYSE:VLO – Free Report).
Receive News & Ratings for Valero Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valero Energy and related companies with MarketBeat.com's FREE daily email newsletter.
