Control Empresarial De Capital Sells 150,000 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 150,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $70.13, for a total value of $10,519,500.00. Following the completion of the sale, the insider directly owned 14,621,753 shares of the company’s stock, valued at $1,025,423,537.89. This represents a 1.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• 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 transaction of $15,135,355.00.
• On Thursday, July 30th, Control Empresarial De Capital sold 490,000 shares of PBF Energy stock. The stock was 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 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 shares were 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 transaction 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 transaction 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.
• On Wednesday, July 1st, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The shares were sold at an average price of $46.94, for a total transaction of $9,388,000.00.
• On Tuesday, June 30th, Control Empresarial De Capital sold 280,000 shares of PBF Energy stock. The stock was sold at an average price of $46.65, for a total transaction of $13,062,000.00.
• On Monday, June 29th, Control Empresarial De Capital sold 570,000 shares of PBF Energy stock. The stock was sold at an average price of $46.36, for a total value of $26,425,200.00.

PBF Energy Stock Performance

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

PBF Energy (NYSE:PBF) last announced its quarterly earnings results on Thursday, July 30th. The oil and gas company reported $6.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.15 by $2.07. The company had revenue of $11.68 billion for 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%.PBF Energy’s revenue was up 56.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($1.03) EPS. Sell-side analysts expect that PBF Energy Inc. will post 15.74 EPS for the current year.

PBF Energy Announces Dividend

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

Hedge Funds Weigh In On PBF Energy

Large investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. increased its position in PBF Energy by 127.9% during 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 buying an additional 3,550,820 shares in the last quarter. Invesco Ltd. boosted its holdings in PBF Energy by 147.4% in the third quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock worth $83,639,000 after acquiring an additional 1,651,516 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of PBF Energy by 230.7% in the second quarter. AQR Capital Management LLC now owns 2,085,060 shares of the oil and gas company’s stock worth $45,183,000 after acquiring an additional 1,454,500 shares during the last quarter. Norges Bank purchased a new stake in shares of PBF Energy in the fourth quarter worth $34,243,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of PBF Energy by 2,198.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,212,368 shares of the oil and gas company’s stock valued at $36,577,000 after acquiring an additional 1,159,628 shares in the last quarter. 96.29% of the stock is currently owned by hedge funds and other institutional investors.

Key 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

Analyst Ratings Changes

Several analysts recently weighed in on the stock. The Goldman Sachs Group lifted their price target on shares of PBF Energy from $51.00 to $71.00 and gave the company a “neutral” rating in a report on Thursday, July 23rd. UBS Group raised their target price on shares of PBF Energy from $62.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PBF Energy in a research note on Friday, August 7th. Zacks Research upgraded shares of PBF Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Finally, Scotiabank increased their price target on shares of PBF Energy from $28.00 to $34.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $50.15.

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.