Cinctive Capital Management LP Sells 77,415 Shares of Valero Energy Corporation $VLO

Cinctive Capital Management LP cut its holdings in shares of Valero Energy Corporation (NYSE:VLO) by 56.2% during the third quarter, Holdings Channel reports. The fund owned 60,363 shares of the oil and gas company’s stock after selling 77,415 shares during the quarter. Cinctive Capital Management LP’s holdings in Valero Energy were worth $10,277,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in VLO. Highline Wealth Partners LLC boosted its position in Valero Energy by 70.2% during the third quarter. Highline Wealth Partners LLC now owns 160 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 66 shares during the period. Global Wealth Strategies & Associates acquired a new position in shares of Valero Energy in the third quarter valued at $34,000. Cypress Capital Management LLC WY bought a new position in shares of Valero Energy in the third quarter valued at about $34,000. Physician Wealth Advisors Inc. raised its position in shares of Valero Energy by 145.3% in the third quarter. Physician Wealth Advisors Inc. now owns 211 shares of the oil and gas company’s stock valued at $36,000 after purchasing an additional 125 shares during the period. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of Valero Energy during the 2nd quarter worth about $43,000. Institutional investors own 78.69% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Morgan Stanley upped their price target on shares of Valero Energy from $175.00 to $180.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 27th. Zacks Research downgraded shares of Valero Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. UBS Group restated a “buy” rating on shares of Valero Energy in a report on Tuesday, January 6th. Argus raised Valero Energy to a “hold” rating in a research report on Monday, February 2nd. Finally, Wall Street Zen upgraded Valero Energy from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $193.20.

Insider Transactions at Valero Energy

In related news, SVP Eric A. Fisher sold 400 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $238.60, for a total transaction of $95,440.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.04% of the stock is owned by corporate insiders.

Valero Energy Price Performance

Shares of Valero Energy stock opened at $230.57 on Friday. Valero Energy Corporation has a twelve month low of $99.00 and a twelve month high of $240.27. The company has a quick ratio of 1.11, a current ratio of 1.64 and a debt-to-equity ratio of 0.36. The company has a 50-day simple moving average of $197.83 and a two-hundred day simple moving average of $177.83. The stock has a market capitalization of $68.95 billion, a price-to-earnings ratio of 30.18, a price-to-earnings-growth ratio of 1.18 and a beta of 0.70.

Valero Energy (NYSE:VLO) last announced its earnings results on Thursday, January 29th. The oil and gas company reported $3.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.27 by $0.55. Valero Energy had a net margin of 1.91% and a return on equity of 12.35%. The firm had revenue of $30.37 billion for the quarter, compared to analyst estimates of $28.20 billion. During the same quarter in the prior year, the business posted $0.64 EPS. The business’s revenue was down 1.2% compared to the same quarter last year. Analysts forecast that Valero Energy Corporation will post 7.92 EPS for the current year.

Valero Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Thursday, February 5th were paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 2.1%. This is an increase from Valero Energy’s previous quarterly dividend of $1.13. The ex-dividend date was Thursday, February 5th. Valero Energy’s dividend payout ratio is presently 62.83%.

Trending Headlines about Valero Energy

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

• Positive Sentiment: Goldman Sachs raised its price target to $237 and kept a Buy rating, offering a near-term catalyst and institutional endorsement that can support the share price. Read More.
• Positive Sentiment: Valero increased its quarterly dividend to $1.20 (annualized $4.80), which strengthens the income argument for the stock and can attract yield-focused buyers. Read More.
• Positive Sentiment: Notable institutional accumulation has been reported (several funds adding positions), signalling conviction from longer-term investors in a refining recovery. Read More.
• Neutral Sentiment: Analysts are revising fair-value assumptions (example fair value moved to ~$202.72), producing mixed calls — some firms lift targets, others trim them depending on refining/crude assumptions. This creates divergent analyst signals rather than a clear consensus catalyst. Read More.
• Neutral Sentiment: Several investor-attention and dividend-themed write-ups (Zacks/Yahoo) are increasing visibility; helpful for flows but not a direct fundamental change. Read More.
• Negative Sentiment: Insider selling: SVP Eric A. Fisher disclosed sizable sales this week (8,311 shares at ~ $227.69 and an additional 400 shares at ~$238.60). Large insider disposals can spook short-term sentiment even though he retains a substantial holding. Read More.
• Negative Sentiment: Policy risk: reports that the White House is considering a temporary Jones Act waiver to ease fuel shipping could, if enacted, lower domestic fuel prices and compress refiners’ margins — a material industry risk for Valero. Read More.

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.