Valero Energy (NYSE:VLO) Stock Price Target Raised at Citigroup

Valero Energy (NYSE:VLO) had its target price increased by stock analysts at Citigroup from $302.00 to $485.00 in a research note issued on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the oil and gas company’s stock. Citigroup’s price target would suggest a potential upside of 6.21% from the company’s previous close.

Several other research analysts have also recently weighed in on VLO. Piper Sandler boosted their price objective on shares of Valero Energy from $329.00 to $435.00 and gave the stock an “overweight” rating in a research report on Thursday, September 3rd. Bank of America increased their price objective on Valero Energy from $395.00 to $414.00 and gave the company a “neutral” rating in a research report on Friday, October 2nd. Mizuho lifted their target price on Valero Energy from $300.00 to $434.00 and gave the company a “neutral” rating in a research note on Thursday, October 8th. Jefferies Financial Group dropped their target price on Valero Energy from $401.00 to $394.00 and set a “hold” rating for the company in a research report on Thursday, October 8th. Finally, Zacks Research raised Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $376.62.

Valero Energy Price Performance

Shares of NYSE:VLO traded up $20.63 on Tuesday, hitting $456.63. The stock had a trading volume of 2,511,326 shares, compared to its average volume of 3,332,816. The firm’s 50 day moving average price is $371.24 and its 200-day moving average price is $298.31. Valero Energy has a twelve month low of $155.29 and a twelve month high of $457.20. The company has a market capitalization of $131.48 billion, a price-to-earnings ratio of 18.95, a price-to-earnings-growth ratio of 0.28 and a beta of 0.59. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.23 and a current ratio of 1.64.

Valero Energy (NYSE:VLO) last issued its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $12.54 EPS for the quarter, topping analysts’ consensus estimates of $10.11 by $2.43. Valero Energy had a net margin of 5.17% and a return on equity of 26.74%. The firm had revenue of $44.48 billion for the quarter, compared to analyst estimates of $39.47 billion. During the same quarter in the prior year, the firm earned $2.28 EPS. The company’s revenue was up 48.8% on a year-over-year basis. On average, equities research analysts predict that Valero Energy will post 51.31 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE boosted its position in shares of Valero Energy by 11.4% during the first quarter. Bank of America Corp DE now owns 5,033,310 shares of the oil and gas company’s stock worth $1,243,630,000 after purchasing an additional 516,975 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Valero Energy by 9.4% in the 1st quarter. Bank of New York Mellon Corp now owns 2,969,320 shares of the oil and gas company’s stock valued at $733,660,000 after buying an additional 254,604 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Valero Energy by 18.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,842,339 shares of the oil and gas company’s stock valued at $702,285,000 after buying an additional 442,177 shares during the period. Amundi increased its position in shares of Valero Energy by 45.3% in the 1st quarter. Amundi now owns 2,584,976 shares of the oil and gas company’s stock valued at $638,695,000 after buying an additional 806,018 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Valero Energy by 33.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,058,341 shares of the oil and gas company’s stock valued at $536,074,000 after buying an additional 520,642 shares in the last quarter. Institutional investors own 78.69% of the company’s stock.

Valero Energy News Roundup

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

• Positive Sentiment: An Elliott Wave analysis sees Valero’s current advance continuing in a potential fifth wave, with a projected target range of $453.70 to $479.80. The upper end implies additional upside and reinforces the bullish technical momentum. Valero Energy Elliott Wave outlook
• Positive Sentiment: A Seeking Alpha contributor named Valero a top pick for 2027, arguing that continued disruption around the Strait of Hormuz could tighten energy markets and support refinery economics. The thesis is bullish but depends on geopolitical conditions persisting. Valero Energy top pick for 2027
• Positive Sentiment: Valero was added to Zacks’ Rank #1 “Strong Buy” growth-stock list. The designation can attract momentum-oriented investors and supports the broader bullish sentiment around the shares. Zacks Best Growth Stocks to Buy
• Neutral Sentiment: DBS maintained a Hold rating on Valero, indicating that the firm does not see a sufficiently strong risk-reward change to recommend buying or selling at this time. DBS Valero Hold rating
• Negative Sentiment: Mizuho raised its price target for Valero to $434, but that target is below the stock’s recent trading level. Although the increase is constructive, the valuation gap may limit the near-term impact of the upgrade. Mizuho raises Valero price target

Valero Energy Company Profile

Valero Energy Corporation is an international petroleum refining, renewable fuels and marketing company headquartered in San Antonio, Texas. Founded in 1980, the company processes crude oil and other feedstocks into transportation fuels and other products used by commercial, industrial and consumer customers.

Valero’s refined products include gasoline, diesel, jet fuel, asphalt, lubricants and petrochemical feedstocks. The company also produces and markets ethanol and renewable diesel, including through its Diamond Green Diesel joint venture with Darling Ingredients.