Valero Energy Corporation $VLO Shares Newly Purchased by QP Wealth Management LLC

QP Wealth Management LLC bought a new stake in Valero Energy Corporation (NYSE:VLO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,672 shares of the oil and gas company’s stock, valued at approximately $1,423,000. Valero Energy makes up 2.1% of QP Wealth Management LLC’s portfolio, making the stock its 16th largest holding.

Several other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE bought a new stake in shares of Valero Energy in the second quarter worth $1,195,943,000. Amundi grew its position in Valero Energy by 45.3% in the first quarter. Amundi now owns 2,584,976 shares of the oil and gas company’s stock valued at $638,695,000 after purchasing an additional 806,018 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Valero Energy by 33.9% in the second 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 purchasing an additional 520,642 shares in the last quarter. Corient Private Wealth LP bought a new position in Valero Energy in the second quarter valued at $59,917,000. Finally, Arrowstreet Capital Limited Partnership grew its position in Valero Energy by 18.4% in the first 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 purchasing an additional 442,177 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: Investors are optimistic ahead of Valero’s third-quarter results, scheduled before the market opens on October 22. Higher refining margins are expected to support profitability and could reinforce the company’s strong earnings momentum. Valero Energy’s Q3 Earnings Approach: Higher Refining Margins Fuel Optimism
• Positive Sentiment: Valero was included in Zacks’ Rank #1, or “Strong Buy,” growth-stock list. The designation may attract additional interest, particularly as the company trades well above its longer-term moving averages and approaches its 52-week high. Best Growth Stocks to Buy for October 19th
• Positive Sentiment: A new $8 billion federal program to help farmers offset surging diesel costs highlights tight fuel markets and supply disruptions linked to Iran. Elevated diesel prices can improve refinery economics for Valero, although the longer-term effect depends on demand and the duration of the disruption. Trump announces $8B bailout for farmers to cover diesel cost surge
• Neutral Sentiment: Preview reports are focusing on estimates for Valero’s third-quarter revenue, earnings and operating metrics, making the October 22 release the key near-term catalyst. Valero previously exceeded quarterly earnings expectations, raising the bar for another beat. Insights Into Valero Energy Q3
• Negative Sentiment: DBS Bank downgraded Valero to Hold while assigning a $436 price target, indicating limited near-term upside after the stock’s substantial rally. The call could temper bullish sentiment ahead of earnings. DBS Bank Downgrades Valero Energy to Hold

Analysts Set New Price Targets

VLO has been the subject of a number of recent research reports. Jefferies Financial Group reduced their price objective on shares of Valero Energy from $401.00 to $394.00 and set a “hold” rating for the company in a research note on Thursday, October 8th. Citigroup lifted their target price on Valero Energy from $302.00 to $485.00 and gave the company a “neutral” rating in a research report on Tuesday, October 13th. Zacks Research upgraded Valero Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Morgan Stanley increased their price target on Valero Energy from $255.00 to $411.00 and gave the company an “equal weight” rating in a research report on Monday, September 14th. Finally, Barclays raised their price target on Valero Energy from $323.00 to $441.00 and gave the company an “overweight” rating in a research note on Tuesday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Valero Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $382.62.

Valero Energy Stock Up 0.1%

Shares of VLO opened at $433.85 on Wednesday. The firm has a market cap of $124.92 billion, a P/E ratio of 18.00, 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 Corporation has a 52 week low of $156.26 and a 52 week high of $461.52. The firm’s 50-day simple moving average is $387.70 and its 200 day simple moving average is $306.74.

Valero Energy (NYSE:VLO) last released its quarterly earnings results on Thursday, July 30th. The oil and gas company reported $12.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.11 by $2.43. The business had revenue of $44.48 billion during the quarter, compared to the consensus estimate of $39.47 billion. Valero Energy had a return on equity of 26.74% and a net margin of 5.17%. The firm’s quarterly revenue was up 48.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.28 EPS. On average, analysts forecast that Valero Energy Corporation will post 51.77 earnings per share for the current year.

Valero Energy Profile

Valero Energy Corporation is an international energy company headquartered in San Antonio, Texas. The company’s primary business is refining and marketing transportation fuels, including gasoline, diesel, jet fuel and other products used by commercial, industrial and consumer customers.

Valero operates refineries in the United States, Canada and the United Kingdom. Its refining operations also produce asphalt, petrochemical feedstocks and other petroleum-based products. The company markets fuel through wholesale channels and branded retail networks, including Valero, Beacon and Shamrock-branded locations.

In addition to conventional refining, Valero has businesses focused on renewable fuels.