SBI Securities Co. Ltd. lifted its stake in shares of Valero Energy Corporation (NYSE:VLO – Free Report) by 606.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,672 shares of the oil and gas company’s stock after buying an additional 10,878 shares during the period. SBI Securities Co. Ltd.’s holdings in Valero Energy were worth $4,912,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of VLO. Moore Capital Management LP acquired a new position in Valero Energy in the 2nd quarter worth about $13,193,000. Fort Washington Investment Advisors Inc. OH raised its position in Valero Energy by 4.2% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 192,430 shares of the oil and gas company’s stock valued at $47,546,000 after purchasing an additional 7,702 shares during the last quarter. QRG Capital Management Inc. raised its position in Valero Energy by 5.5% in the second quarter. QRG Capital Management Inc. now owns 58,558 shares of the oil and gas company’s stock valued at $15,251,000 after purchasing an additional 3,037 shares during the last quarter. TrueMark Investments LLC acquired a new stake in shares of Valero Energy during the first quarter valued at about $8,921,000. Finally, Jennison Associates LLC boosted its stake in shares of Valero Energy by 377.1% during the first quarter. Jennison Associates LLC now owns 413,437 shares of the oil and gas company’s stock valued at $102,152,000 after purchasing an additional 326,777 shares in the last quarter. 78.69% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several analysts have recently weighed in on the company. Jefferies Financial Group reduced their price target on Valero Energy from $401.00 to $394.00 and set a “hold” rating on the stock in a report on Thursday, October 8th. Bank of America upped their price objective on Valero Energy from $395.00 to $414.00 and gave the company a “neutral” rating in a research note on Friday, October 2nd. Mizuho raised their price objective on shares of Valero Energy from $300.00 to $434.00 and gave the company a “neutral” rating in a report on Thursday, October 8th. 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 report on Wednesday, October 14th. Finally, Citigroup boosted their target price on shares of Valero Energy from $302.00 to $485.00 and gave the stock a “neutral” rating in a report on Tuesday, October 13th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $385.75.
Read Our Latest Report on Valero Energy
Trending Headlines about Valero Energy
Here are the key news stories impacting Valero Energy this week:
- Positive Sentiment: Record quarterly profitability: Valero reported net income of approximately $6.8 billion, or $23.89 per share, compared with $1.1 billion, or $3.53 per share, a year earlier. Adjusted EPS of $23.90 exceeded consensus estimates near $21.17-$21.28, while revenue of $46.10 billion also surpassed expectations. Valero Energy Reports Third Quarter 2026 Results
- Positive Sentiment: Refining strength drove the beat: Higher refining margins, tight inventories and strong operating performance supported the earnings surge. Renewable diesel and ethanol profitability also improved, with ethanol production reaching a record level. Valero kicks off refiner results with record quarterly profit on higher margins
- Positive Sentiment: Cash generation and strategic progress: Robust cash flow and the completion of a key refining upgrade strengthen Valero’s operating position and could support shareholder returns if favorable refining conditions persist. Valero Energy Posts Surging Q3 Profit and Completes Key Refining Upgrade
- Neutral Sentiment: Results are highly cyclical: The exceptional year-over-year improvement reflects refining margins that can change rapidly with fuel demand, crude costs, inventories and geopolitical conditions. Investors will focus on whether current margins remain elevated.
- Negative Sentiment: Valuation and analyst caution may be limiting the reaction: TD Cowen raised its price target from $375 to $400 but maintained a “hold” rating; the target remains below the stock’s recent trading level. After a sharp run-up toward its yearly high, investors may be locking in gains despite the earnings beat. TD Cowen raises Valero price target
Valero Energy Stock Performance
NYSE VLO opened at $426.06 on Friday. The company has a market capitalization of $122.68 billion, a price-to-earnings ratio of 17.68, a PEG ratio of 0.26 and a beta of 0.59. Valero Energy Corporation has a twelve month low of $159.90 and a twelve month high of $461.52. The stock has a fifty day simple moving average of $391.47 and a 200 day simple moving average of $309.38. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 0.37.
Valero Energy (NYSE:VLO – Get Free Report) last announced its earnings results on Thursday, October 22nd. The oil and gas company reported $23.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $21.17 by $2.73. The business had revenue of $46.10 billion during the quarter, compared to analyst estimates of $42.71 billion. Valero Energy had a return on equity of 26.74% and a net margin of 5.17%. Valero Energy’s revenue for the quarter was up 43.3% compared to the same quarter last year. During the same period last year, the company earned $3.66 EPS. Sell-side analysts expect that Valero Energy Corporation will post 52.55 EPS for the current year.
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.
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