Keudell Morrison Wealth Management Takes Position in Valero Energy Corporation $VLO

Keudell Morrison Wealth Management purchased a new stake in shares of Valero Energy Corporation (NYSE:VLO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,930 shares of the oil and gas company’s stock, valued at approximately $640,000.

Other large investors also recently modified their holdings of the company. JPL Wealth Management LLC acquired a new position in shares of Valero Energy during the third quarter valued at $27,000. Torren Management LLC bought a new position in Valero Energy during the fourth quarter valued at about $30,000. Cypress Capital Management LLC WY bought a new position in Valero Energy during the third quarter valued at about $34,000. Triumph Capital Management bought a new position in Valero Energy during the third quarter valued at about $35,000. Finally, Accordant Advisory Group Inc boosted its stake in Valero Energy by 194.4% during the fourth quarter. Accordant Advisory Group Inc now owns 212 shares of the oil and gas company’s stock valued at $35,000 after buying an additional 140 shares in the last quarter. 78.69% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Valero Energy

In related news, SVP Eric A. Fisher sold 8,311 shares of the stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $227.69, for a total value of $1,892,331.59. Following the completion of the transaction, the senior vice president owned 42,242 shares in the company, valued at $9,618,080.98. This trade represents a 16.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.36% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on VLO. Barclays raised their target price on Valero Energy from $184.00 to $261.00 and gave the company an “overweight” rating in a research note on Wednesday, April 8th. The Goldman Sachs Group raised their target price on Valero Energy from $203.00 to $237.00 and gave the company a “buy” rating in a research note on Thursday, March 12th. Citigroup raised their target price on Valero Energy from $246.00 to $259.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Morgan Stanley raised their target price on Valero Energy from $182.00 to $222.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Finally, TD Cowen raised their target price on Valero Energy from $255.00 to $276.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $237.94.

Valero Energy Trading Down 5.1%

NYSE:VLO opened at $240.91 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 0.39. Valero Energy Corporation has a 1-year low of $125.10 and a 1-year high of $263.75. The firm has a market capitalization of $71.53 billion, a price-to-earnings ratio of 17.51, a price-to-earnings-growth ratio of 0.37 and a beta of 0.58. The stock has a fifty day simple moving average of $241.58 and a 200 day simple moving average of $204.24.

Valero Energy (NYSE:VLO) last released its quarterly earnings results on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share for the quarter, beating analysts’ consensus estimates of $3.16 by $1.06. Valero Energy had a return on equity of 15.94% and a net margin of 3.37%.The business had revenue of $32.38 billion during the quarter, compared to analyst estimates of $31.38 billion. During the same quarter last year, the company posted $0.89 EPS. Valero Energy’s revenue for the quarter was up 7.0% on a year-over-year basis. Sell-side analysts forecast that Valero Energy Corporation will post 26.51 earnings per share for the current year.

Valero Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Thursday, May 21st will be given a $1.20 dividend. The ex-dividend date is Thursday, May 21st. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.0%. Valero Energy’s dividend payout ratio (DPR) is 34.88%.

More Valero Energy News

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

• Positive Sentiment: Valero was added to Zacks’ Rank #1 (Strong Buy) growth-stock list, which can lift investor interest and signal improving momentum. Best Growth Stocks to Buy for May 22nd
• Positive Sentiment: Several recent analyst updates have nudged fair value and price targets higher, including a revised fair value estimate above the prior level, suggesting some Wall Street models still see upside in VLO. Why The Valero Energy (VLO) Story Is Shifting As Analysts Rework Targets And Assumptions
• Positive Sentiment: Valero’s Q1 results were strong, with EPS and revenue both beating estimates and revenue rising year over year, reinforcing the company’s earnings momentum.
• Neutral Sentiment: VLO is being highlighted in low-beta/steadier-portfolio screens as Middle East tensions increase energy-market volatility, which may attract defensive buyers but does not directly change fundamentals. 4 Low-Beta Stocks for a Steadier Portfolio: LQDA, XOM, VLO & FANG
• Neutral Sentiment: Valero continues to draw attention as a trending stock on Zacks, indicating elevated trading interest rather than a clear new catalyst. Here is What to Know Beyond Why Valero Energy Corporation (VLO) is a Trending Stock
• Negative Sentiment: Some recent analysis points to pressure on refiners from weaker crude prices and softer distillate inventory signals, which can weigh on near-term refining margin expectations. Valero Energy (VLO) slides as crude sells off and traders reassess near-term margin signals
• Negative Sentiment: Erste Group Bank reportedly lowered earnings estimates for Valero, which can dampen sentiment if investors think profit expectations are being reset lower.

Valero Energy 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.