PBF Energy (NYSE:PBF) SVP Paul Davis Sells 75,997 Shares of Stock

PBF Energy Inc. (NYSE:PBF) SVP Paul Davis sold 75,997 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $65.71, for a total value of $4,993,762.87. Following the sale, the senior vice president owned 183,426 shares in the company, valued at approximately $12,052,922.46. This represents a 29.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

PBF Energy Trading Down 7.3%

NYSE PBF opened at $61.08 on Thursday. PBF Energy Inc. has a 12 month low of $21.46 and a 12 month high of $74.74. 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 stock has a 50 day moving average of $50.75 and a 200-day moving average of $43.67. The company has a market cap of $7.23 billion, a PE ratio of 5.40, a PEG ratio of 0.09 and a beta of 0.10.

PBF Energy (NYSE:PBF) last issued its earnings results on Thursday, July 30th. The oil and gas company reported $6.22 earnings per share for the quarter, topping analysts’ consensus estimates of $4.15 by $2.07. PBF Energy had a net margin of 3.94% and a return on equity of 11.27%. The business had revenue of $11.68 billion for the quarter, compared to the consensus estimate of $9.61 billion. During the same period in the previous year, the company earned ($1.03) earnings per share. The firm’s revenue for the quarter was up 56.2% on a year-over-year basis. On average, equities research analysts anticipate that PBF Energy Inc. will post 12.56 EPS for the current fiscal year.

PBF Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, August 14th. PBF Energy’s dividend payout ratio (DPR) is 9.73%.

Trending Headlines about PBF Energy

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

• Positive Sentiment: PBF Energy’s latest quarterly results materially exceeded expectations. Earnings were $6.22 per share versus the $4.15 consensus estimate, while revenue reached $11.68 billion, a 56.2% year-over-year increase. The results support upward earnings revisions and reflect strong refining profitability. PBF Energy earnings analysis
• Positive Sentiment: Zacks highlighted PBF as a stock with strong relative price strength, positive estimate revisions and solid fundamentals. Its low valuation—recently about 5 to 6 times earnings—could attract value-focused investors. Stocks with relative price strength
• Positive Sentiment: The company declared its regular quarterly dividend of $0.275 per share, payable August 28 to shareholders of record August 14. The annualized dividend is $1.10, with a relatively low payout ratio of 9.73%. Analyst actions have also included higher targets, including UBS’s $84 objective and a reported $74 target. PBF Energy price target and dividend
• Neutral Sentiment: Analyst opinion remains divided. Some firms have raised price targets or upgraded the shares, but the broader consensus is still cautious, with multiple Hold and Sell ratings and consensus targets below recent trading levels.
• Negative Sentiment: Insiders disclosed a cluster of large sales following PBF’s rally. CEO Matthew C. Lucey sold 225,473 shares for approximately $16.2 million, SVP Paul T. Davis sold 75,997 shares for about $5.0 million, SVP James E. Fedena sold 24,756 shares for roughly $1.8 million, and director Thomas J. Nimbley sold 468,139 shares for approximately $32.6 million. Control Empresarial De Capital separately sold 490,000 shares for about $34.9 million. Although several sellers retain sizable stakes, the scale and timing of the transactions may be pressuring sentiment. PBF Energy insider selling

Analyst Ratings Changes

Several equities research analysts recently issued reports on PBF shares. Morgan Stanley raised their target price on shares of PBF Energy from $34.00 to $38.00 and gave the company an “underweight” rating in a research note on Friday, June 12th. UBS Group boosted their price target on PBF Energy from $62.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday. Zacks Research upgraded PBF Energy from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. TD Cowen raised 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, Wall Street Zen raised PBF Energy from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $50.15.

Institutional Investors Weigh In On PBF Energy

A number of hedge funds and other institutional investors have recently modified their holdings of PBF. Goldman Sachs Group Inc. boosted its holdings 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 purchasing an additional 3,550,820 shares during the period. Invesco Ltd. increased its holdings 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 worth $83,639,000 after purchasing an additional 1,651,516 shares during the period. AQR Capital Management LLC increased its holdings in shares of PBF Energy by 230.7% during 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 purchasing an additional 1,454,500 shares during the period. Norges Bank acquired a new stake in shares of PBF Energy in the fourth quarter valued at approximately $34,243,000. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of PBF Energy by 2,198.8% in 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 buying an additional 1,159,628 shares in the last quarter. Institutional investors and hedge funds own 96.29% of the company’s stock.

About PBF Energy

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.