3,538 Shares in Valero Energy Corporation $VLO Bought by Range Financial Group LLC

Range Financial Group LLC bought a new position in shares of Valero Energy Corporation (NYSE:VLO) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,538 shares of the oil and gas company’s stock, valued at approximately $1,371,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Benchmark Financial Wealth Advisors LLC grew its position in shares of Valero Energy by 14.8% in the third quarter. Benchmark Financial Wealth Advisors LLC now owns 1,430 shares of the oil and gas company’s stock valued at $554,000 after purchasing an additional 184 shares in the last quarter. Physician Wealth Advisors Inc. boosted its stake in Valero Energy by 35.0% during the third quarter. Physician Wealth Advisors Inc. now owns 193 shares of the oil and gas company’s stock worth $75,000 after buying an additional 50 shares during the last quarter. Integrated Advisors Network LLC grew its holdings in Valero Energy by 3.2% in the 3rd quarter. Integrated Advisors Network LLC now owns 1,529 shares of the oil and gas company’s stock valued at $593,000 after buying an additional 48 shares in the last quarter. Diversify Advisory Services LLC increased its stake in shares of Valero Energy by 103.6% in the 3rd quarter. Diversify Advisory Services LLC now owns 7,820 shares of the oil and gas company’s stock worth $3,031,000 after acquiring an additional 3,979 shares during the last quarter. Finally, Miller Financial Services LLC acquired a new stake in shares of Valero Energy in the 3rd quarter worth $213,000. 78.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VLO has been the topic of several recent research reports. TD Cowen boosted their price target on shares of Valero Energy from $338.00 to $350.00 and gave the company a “hold” rating in a research report on Monday, August 3rd. Piper Sandler lifted their target price on shares of Valero Energy from $329.00 to $435.00 and gave the stock an “overweight” rating in a research note on Thursday, September 3rd. Wells Fargo & Company lifted their target price on shares of Valero Energy from $389.00 to $485.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 14th. Bank of America increased their price target on shares of Valero Energy from $395.00 to $414.00 and gave the company a “neutral” rating in a research note on Friday, October 2nd. Finally, Jefferies Financial Group cut their price target on shares of Valero Energy from $401.00 to $394.00 and set a “hold” rating for the company in a report on Thursday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Valero Energy presently has an average rating of “Moderate Buy” and an average price target of $382.62.

Valero Energy Trading Up 0.1%

NYSE VLO opened at $433.85 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.23 and a current ratio of 1.64. The firm has a market cap of $124.92 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 0.28 and a beta of 0.59. The firm has a 50 day simple moving average of $387.70 and a 200-day simple moving average of $306.74. Valero Energy Corporation has a one year low of $156.26 and a one year high of $461.52.

Valero Energy (NYSE:VLO) last announced its earnings results on Thursday, July 30th. The oil and gas company reported $12.54 earnings per share for the quarter, topping the consensus estimate of $10.11 by $2.43. The firm had revenue of $44.48 billion for the quarter, compared to the consensus estimate of $39.47 billion. Valero Energy had a net margin of 5.17% and a return on equity of 26.74%. The firm’s revenue for the quarter was up 48.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.28 EPS. Equities research analysts anticipate that Valero Energy Corporation will post 51.77 EPS for the current fiscal year.

Trending Headlines about Valero Energy

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

• Positive Sentiment: Investors are optimistic ahead of Valero’s third-quarter results, scheduled before the market opens on October 22. Higher refining margins are expected to support profitability and could reinforce the company’s strong earnings momentum. Valero Energy’s Q3 Earnings Approach: Higher Refining Margins Fuel Optimism
• Positive Sentiment: Valero was included in Zacks’ Rank #1, or “Strong Buy,” growth-stock list. The designation may attract additional interest, particularly as the company trades well above its longer-term moving averages and approaches its 52-week high. Best Growth Stocks to Buy for October 19th
• Positive Sentiment: A new $8 billion federal program to help farmers offset surging diesel costs highlights tight fuel markets and supply disruptions linked to Iran. Elevated diesel prices can improve refinery economics for Valero, although the longer-term effect depends on demand and the duration of the disruption. Trump announces $8B bailout for farmers to cover diesel cost surge
• Neutral Sentiment: Preview reports are focusing on estimates for Valero’s third-quarter revenue, earnings and operating metrics, making the October 22 release the key near-term catalyst. Valero previously exceeded quarterly earnings expectations, raising the bar for another beat. Insights Into Valero Energy Q3
• Negative Sentiment: DBS Bank downgraded Valero to Hold while assigning a $436 price target, indicating limited near-term upside after the stock’s substantial rally. The call could temper bullish sentiment ahead of earnings. DBS Bank Downgrades Valero Energy to Hold

Valero Energy Company Profile

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.