Control Empresarial De Capital Sells 220,375 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 220,375 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $68.68, for a total transaction of $15,135,355.00. Following the completion of the sale, the insider directly owned 14,771,753 shares in the company, valued at $1,014,523,996.04. This represents a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• 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 transaction of $10,519,500.00.
• 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 transaction of $34,917,400.00.
• On Monday, July 20th, Control Empresarial De Capital sold 220,000 shares of PBF Energy stock. The stock was sold at an average price of $63.96, for a total value of $14,071,200.00.
• On Friday, July 10th, Control Empresarial De Capital sold 100,000 shares of PBF Energy stock. The shares were sold at an average price of $54.52, for a total value of $5,452,000.00.
• On Thursday, July 9th, Control Empresarial De Capital sold 270,000 shares of PBF Energy stock. The shares were 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 stock was 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 stock was sold at an average price of $49.14, for a total value of $9,828,000.00.
• On Wednesday, July 1st, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The stock was sold at an average price of $46.94, for a total value of $9,388,000.00.
• On Tuesday, June 30th, Control Empresarial De Capital sold 280,000 shares of PBF Energy stock. The shares were sold at an average price of $46.65, for a total value of $13,062,000.00.
• On Monday, June 29th, Control Empresarial De Capital sold 570,000 shares of PBF Energy stock. The shares were sold at an average price of $46.36, for a total value of $26,425,200.00.

PBF Energy Trading Down 3.3%

PBF Energy stock opened at $71.88 on Friday. PBF Energy Inc. has a 1 year low of $22.13 and a 1 year high of $74.74. The firm’s 50-day moving average is $54.37 and its 200-day moving average is $45.37. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.67 and a current ratio of 1.33. The company has a market cap of $8.52 billion, a P/E ratio of 6.36, a PEG ratio of 0.08 and a beta of 0.10.

PBF Energy (NYSE:PBF) last released its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $6.22 earnings per share for the quarter, topping the consensus estimate of $4.15 by $2.07. PBF Energy had a net margin of 3.94% and a return on equity of 11.27%. The firm had revenue of $11.68 billion for the quarter, compared to analyst estimates of $9.61 billion. During the same quarter in the prior year, the business earned ($1.03) earnings per share. PBF Energy’s quarterly revenue was up 56.2% on a year-over-year basis. On average, equities analysts expect that PBF Energy Inc. will post 15.74 earnings per share for the current year.

PBF Energy Announces Dividend

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

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Scotiabank boosted their price objective on PBF Energy from $28.00 to $34.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 22nd. TD Cowen raised their target price on PBF Energy from $39.00 to $68.00 and gave the company a “hold” rating in a research note on Tuesday, July 21st. Mizuho boosted their price target on shares of PBF Energy from $57.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, August 4th. Evercore assumed coverage on shares of PBF Energy in a research report on Friday, July 17th. They set an “in-line” rating and a $58.00 price target for the company. Finally, Citigroup increased their price objective on shares of PBF Energy from $65.00 to $74.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, PBF Energy currently has a consensus rating of “Reduce” and a consensus target price of $50.15.

Hedge Funds Weigh In On PBF Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. increased its position in PBF Energy by 127.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock valued at $171,595,000 after acquiring an additional 3,550,820 shares during the period. State Street Corp grew its stake in shares of PBF Energy by 1.3% in the fourth quarter. State Street Corp now owns 4,854,750 shares of the oil and gas company’s stock worth $131,661,000 after purchasing an additional 60,294 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of PBF Energy by 11.6% in the first quarter. Dimensional Fund Advisors LP now owns 4,366,331 shares of the oil and gas company’s stock worth $207,953,000 after purchasing an additional 454,731 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of PBF Energy by 54.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,222,433 shares of the oil and gas company’s stock valued at $153,452,000 after purchasing an additional 1,137,533 shares during the period. Finally, Invesco Ltd. raised its stake in shares of PBF Energy by 147.4% during the third quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock valued at $83,639,000 after purchasing an additional 1,651,516 shares in the last quarter. 96.29% of the stock is owned by institutional investors.

More PBF Energy News

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

• Positive Sentiment: PBF Energy’s recent earnings momentum remains a supportive backdrop. The refiner reported quarterly EPS of $6.22 versus the $4.15 consensus estimate, while revenue rose 56.2% year over year to $11.68 billion. Analysts currently project approximately $15.74 in full-year EPS.
• Positive Sentiment: The company declared a quarterly dividend of $0.275 per share, or $1.10 annualized, with a payout ratio of about 9.7%. The relatively low payout ratio suggests meaningful coverage if refining profitability remains strong. PBF Energy dividend article
• Neutral Sentiment: Analyst views remain divided. Some firms have raised price targets alongside improving refining conditions, but the overall consensus rating is “Reduce,” with an average price target of $50.15—well below recent trading levels. This reflects concerns that refining-cycle strength and elevated margins may not persist.
• Negative Sentiment: Insiders disclosed several sizeable sales: Control Empresarial De Capital sold 370,375 shares for approximately $25.7 million, Director Thomas J. Nimbley sold about $17.6 million, and SVP Paul T. Davis sold roughly $4.5 million. CFO Joseph Daniel Marino also sold 4,033 shares for approximately $279,000. The director and SVP reduced their holdings by about 24.7% and 25.7%, respectively, adding to investor concerns about insider profit-taking. PBF Energy insider sales article

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.