Trecia Canty Sells 75,000 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) SVP Trecia Canty sold 75,000 shares of PBF Energy stock in a transaction on Friday, August 14th. The stock was sold at an average price of $74.10, for a total value of $5,557,500.00. Following the sale, the senior vice president owned 191,779 shares in the company, valued at $14,210,823.90. This trade represents a 28.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

PBF Energy Price Performance

NYSE PBF opened at $75.00 on Wednesday. The firm’s 50-day simple moving average is $55.72 and its two-hundred day simple moving average is $46.05. The company has a quick ratio of 0.67, a current ratio of 1.33 and a debt-to-equity ratio of 0.27. PBF Energy Inc. has a 52 week low of $22.13 and a 52 week high of $75.68. The company has a market cap of $8.89 billion, a PE ratio of 6.64, a price-to-earnings-growth ratio of 0.08 and a beta of 0.10.

PBF Energy (NYSE:PBF) last posted its earnings results on Thursday, July 30th. The oil and gas company reported $6.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.15 by $2.07. The business had revenue of $11.68 billion for the quarter, compared to analysts’ expectations of $9.61 billion. PBF Energy had a net margin of 3.94% and a return on equity of 11.27%. The business’s revenue for the quarter was up 56.2% compared to the same quarter last year. During the same period in the prior year, the company posted ($1.03) EPS. Research analysts predict that PBF Energy Inc. will post 15.74 earnings per share for the current year.

PBF Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given 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 (DPR) is 9.73%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Freedom Capital lowered shares of PBF Energy from a “hold” rating to a “strong sell” rating in a research report on Friday, July 31st. Scotiabank raised their price objective on shares of PBF Energy from $28.00 to $34.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 22nd. Citigroup lifted their price objective on shares of PBF Energy from $65.00 to $74.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. 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, Evercore began coverage on PBF Energy in a research note on Friday, July 17th. They issued an “in-line” rating and a $58.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, PBF Energy currently has an average rating of “Reduce” and a consensus target price of $50.92.

Hedge Funds Weigh In On PBF Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. Torren Management LLC bought a new stake in shares of PBF Energy in the fourth quarter worth about $30,000. Los Angeles Capital Management LLC bought a new position in PBF Energy during the 4th quarter valued at approximately $31,000. Leonteq Securities AG bought a new position in PBF Energy during the 1st quarter valued at approximately $33,000. Smartleaf Asset Management LLC lifted its holdings in PBF Energy by 65.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,466 shares of the oil and gas company’s stock worth $38,000 after buying an additional 579 shares during the period. Finally, Eurizon Capital SGR S.p.A. bought a new stake in shares of PBF Energy in the 4th quarter worth approximately $57,000. 96.29% of the stock is owned by institutional investors.

Trending Headlines about PBF Energy

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

• Positive Sentiment: PBF’s second-quarter results showed a substantial turnaround, with adjusted earnings of $6.22 per share versus a $1.03 loss in the year-ago period. Revenue rose 56.2% year over year to $11.68 billion, exceeding estimates. PBF Energy Gains as Investors Continue to Digest Strong Q2 Results and Favorable Refining Conditions
• Positive Sentiment: The Martinez refinery restart was completed in May, removing a major operational overhang following the 2025 fire and potentially restoring additional earnings capacity. Refining margins and tight fuel markets are also supporting the industry outlook. Why Watch PBF Energy After Its Martinez Refinery Restart?
• Positive Sentiment: PBF reduced gross debt by more than $1 billion during the quarter and declared a quarterly dividend of $0.275, strengthening the balance-sheet and shareholder-return narrative. PBF Energy Stock Information
• Positive Sentiment: Goldman Sachs raised its price target from $71 to $81 while maintaining a neutral rating. Zacks also highlighted PBF as a low price-to-sales and long-term value candidate. Goldman Sachs Price Target Update
• Neutral Sentiment: At a low earnings multiple, PBF’s valuation appears attractive if elevated refining margins persist; however, refining earnings are cyclical and can weaken quickly as fuel spreads normalize. PBF Energy Refining Margins Put Valuation In Focus
• Negative Sentiment: Insiders reported sizable sales, including transactions by the CEO, a director, an SVP and Control Empresarial totaling approximately $43.5 million. Although substantial shares remain owned, the concentration of selling may pressure sentiment. PBF Energy Insider Sale Filing
• Negative Sentiment: Some analysts remain cautious: recent published targets have generally been well below current trading levels, reflecting concerns that refining margins and unusually strong earnings may not be sustainable. PBF Energy Market Analysis

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.