Insider Selling: PBF Energy (NYSE:PBF) Insider Sells $14,071,200.00 in Stock

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 220,000 shares of the firm’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $63.96, for a total transaction of $14,071,200.00. Following the transaction, the insider directly owned 15,492,128 shares in the company, valued at $990,876,506.88. The trade was a 1.40% 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 hyperlink.

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

• 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 value of $14,358,600.00.
• On Wednesday, July 8th, Control Empresarial De Capital sold 380,000 shares of PBF Energy stock. The shares were 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 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 shares were sold at an average price of $46.36, for a total transaction of $26,425,200.00.
• On Friday, June 26th, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The stock was sold at an average price of $42.79, for a total transaction of $8,558,000.00.
• On Thursday, June 25th, Control Empresarial De Capital sold 205,570 shares of PBF Energy stock. The stock was sold at an average price of $42.01, for a total transaction of $8,635,995.70.
• On Friday, June 5th, Control Empresarial De Capital sold 100,000 shares of PBF Energy stock. The shares were sold at an average price of $43.17, for a total transaction of $4,317,000.00.

PBF Energy Stock Up 16.0%

PBF Energy stock opened at $73.46 on Friday. The firm has a 50 day moving average price of $48.57 and a 200-day moving average price of $42.71. The company has a quick ratio of 0.62, a current ratio of 1.31 and a debt-to-equity ratio of 0.50. PBF Energy Inc. has a twelve month low of $21.24 and a twelve month high of $74.74. The company has a market capitalization of $8.69 billion, a P/E ratio of 19.80, a P/E/G ratio of 0.10 and a beta of 0.11.

PBF Energy (NYSE:PBF) last posted its quarterly earnings results on Thursday, July 30th. The oil and gas company reported $6.22 EPS for the quarter, topping analysts’ consensus estimates of $4.15 by $2.07. PBF Energy had a net margin of 1.46% and a negative return on equity of 4.12%. The company had revenue of $11.68 billion for the quarter, compared to analysts’ expectations of $9.61 billion. During the same quarter in the previous year, the firm posted ($1.03) EPS. PBF Energy’s revenue was up 56.2% on a year-over-year basis. As a group, equities analysts predict that PBF Energy Inc. will post 10.94 EPS for the current year.

PBF Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a $0.275 dividend. The ex-dividend date is Friday, August 14th. This represents a $1.10 annualized dividend and a dividend yield of 1.5%. PBF Energy’s payout ratio is presently 29.65%.

Hedge Funds Weigh In On PBF Energy

Several institutional investors and hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. lifted its stake in PBF Energy by 127.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock worth $171,595,000 after purchasing an additional 3,550,820 shares during the last quarter. Invesco Ltd. grew 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 buying an additional 1,651,516 shares during the last quarter. AQR Capital Management LLC increased its holdings 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 buying an additional 1,454,500 shares during the period. Norges Bank purchased a new position in shares of PBF Energy in the fourth quarter worth about $34,243,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of PBF Energy by 2,198.8% in the 3rd 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 during the last quarter. Institutional investors own 96.29% of the company’s stock.

Key PBF Energy News

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

• Positive Sentiment: Q2 results significantly exceeded expectations. PBF reported earnings of $6.22 per share versus the $4.05–$4.15 analyst consensus, compared with a $1.03 loss a year earlier. Revenue rose 56.2% year over year to $11.68 billion, well above the approximately $9.6 billion estimate. PBF Energy Announces Second Quarter 2026 Results
• Positive Sentiment: Refining conditions were highly favorable. Stronger crack spreads and market disruptions lifted refining margins, helping income from operations surge to $1.27 billion from $43 million in the prior-year quarter. PBF also delayed planned turnaround work at three refineries, which could preserve near-term production and cash flow. PBF Energy Delays Planned Turnaround Work
• Positive Sentiment: Debt reduction and operational milestones strengthened the outlook. PBF reduced gross debt by more than $1 billion during the quarter, received a $250 million installment related to the Martinez refinery fire and completed the refinery’s restart in May.
• Positive Sentiment: Shareholder returns and bullish trading activity provided additional support. The company declared a quarterly dividend of $0.275 per share, while investors purchased approximately 7,100 call options—about 69% above average daily volume—signaling increased short-term bullish interest.
• Neutral Sentiment: Analyst coverage remains cautious despite the earnings beat. PBF’s consensus rating is “Hold,” with several neutral or sell ratings and an average price target below the current market level; these targets may not yet reflect the latest results.
• Negative Sentiment: Control Empresarial De Capital sold 220,000 shares for approximately $14.1 million and has made multiple additional sales in recent weeks. The insider still owns a substantial position, but continued selling could weigh on sentiment.

Analysts Set New Price Targets

Several research firms have issued reports on PBF. Weiss Ratings restated a “sell (d-)” rating on shares of PBF Energy in a research report on Monday, May 11th. Wall Street Zen upgraded shares of PBF Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, July 22nd. Scotiabank upped their price objective on PBF Energy from $28.00 to $34.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 22nd. TD Cowen increased their price objective on PBF Energy from $39.00 to $68.00 and gave the company a “hold” rating in a research report on Tuesday, July 21st. Finally, Mizuho raised their price objective on PBF Energy from $48.00 to $57.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $45.62.

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.