Cullen Frost Bankers Inc. Cuts Holdings in Valero Energy Corporation $VLO

Posted by Defense World Staff on Jan 25th, 2026

Cullen Frost Bankers Inc. lowered its holdings in Valero Energy Corporation (NYSE:VLO – Free Report) by 6.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 145,053 shares of the oil and gas company’s stock after selling 10,370 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Valero Energy were worth $24,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of VLO. Consolidated Planning Corp bought a new stake in Valero Energy in the 2nd quarter worth approximately $339,000. Nisa Investment Advisors LLC boosted its stake in shares of Valero Energy by 17.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 160,794 shares of the oil and gas company’s stock worth $27,377,000 after buying an additional 23,859 shares during the last quarter. Federated Hermes Inc. boosted its stake in shares of Valero Energy by 15.7% in the 2nd quarter. Federated Hermes Inc. now owns 161,957 shares of the oil and gas company’s stock worth $21,770,000 after buying an additional 21,997 shares during the last quarter. Cerity Partners LLC grew its holdings in shares of Valero Energy by 9.0% in the third quarter. Cerity Partners LLC now owns 104,859 shares of the oil and gas company’s stock worth $17,853,000 after acquiring an additional 8,638 shares during the period. Finally, Tema Etfs LLC purchased a new stake in Valero Energy during the third quarter valued at $1,669,000. 78.69% of the stock is owned by institutional investors.

Valero Energy Stock Up 0.1%

VLO opened at $187.00 on Friday. The stock has a market cap of $57.04 billion, a price-to-earnings ratio of 39.04, a price-to-earnings-growth ratio of 1.09 and a beta of 0.77. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.09 and a current ratio of 1.60. The firm’s fifty day moving average is $174.73 and its 200 day moving average is $162.60. Valero Energy Corporation has a fifty-two week low of $99.00 and a fifty-two week high of $194.35.

Valero Energy (NYSE:VLO – Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The oil and gas company reported $3.66 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.51. The business had revenue of $32.17 billion for the quarter, compared to analysts’ expectations of $28.80 billion. Valero Energy had a return on equity of 8.69% and a net margin of 1.21%.The business’s quarterly revenue was down 2.2% on a year-over-year basis. During the same period last year, the firm earned $1.14 earnings per share. On average, sell-side analysts forecast that Valero Energy Corporation will post 7.92 earnings per share for the current fiscal year.

Valero Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Thursday, February 5th will be issued a $1.20 dividend. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $4.80 dividend on an annualized basis and a yield of 2.6%. This is a boost from Valero Energy’s previous quarterly dividend of $1.13. Valero Energy’s payout ratio is presently 94.36%.

Analysts Set New Price Targets

VLO has been the subject of a number of recent research reports. Morgan Stanley downgraded Valero Energy from an “overweight” rating to an “equal weight” rating and boosted their price target for the company from $160.00 to $175.00 in a research note on Friday, October 3rd. JPMorgan Chase & Co. boosted their target price on shares of Valero Energy from $197.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, January 8th. Zacks Research cut shares of Valero Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. Erste Group Bank assumed coverage on shares of Valero Energy in a research note on Monday, November 10th. They set a “buy” rating on the stock. Finally, Piper Sandler cut their price objective on shares of Valero Energy from $223.00 to $217.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Valero Energy has a consensus rating of “Moderate Buy” and a consensus price target of $183.00.

Get Our Latest Analysis on VLO

Trending Headlines about Valero Energy

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

Positive Sentiment: Board raises quarterly cash dividend to $1.20 (annualized $4.80), a 6.2% increase from the prior payout — a signal of cash-flow confidence and higher shareholder return. Valero Energy Corporation Increases Regular Cash Dividend on Common Stock
Positive Sentiment: Valero bought a Venezuelan crude cargo under Washington’s deal with Caracas — this provides an additional, potentially lower-cost feedstock supply for Gulf Coast refineries and could help downstream margins. Exclusive: Valero buys Venezuelan oil cargo as part of Washington’s deal with Caracas
Positive Sentiment: Analysts and market commentary note softer WTI/crude under $60 can boost refiners like Valero by lowering feedstock costs and supporting margins — a favorable backdrop for expected earnings. Softness in Oil Price: What Lies Ahead for VLO’s Refining Operations?
Positive Sentiment: ETF/asset manager mentions: VanEck highlighted VLO among oil plays, which can attract fund flows and investor attention. VanEck spotlights SLB, HAL, BKR, PSX, and VLO as oil plays
Neutral Sentiment: Coverage and valuation pieces note VLO’s earnings cadence and mixed valuation signals (P/E vs DCF) — useful context but not an immediate catalyst. A Look At Valero Energy (VLO) Valuation As P/E And DCF Send Mixed Signals
Neutral Sentiment: Inclusion in broader dividend/safe-stock roundups and S&P 500/refining scale pieces reinforces visibility but is not a near-term earnings driver. Goldman Sachs Says Correction Could Be Coming: 5 Safe Dividend Stocks From The Conviction List
Negative Sentiment: Zacks Research downgraded VLO from “strong-buy” to “hold,” which could pressure sentiment among some retail and model-driven investors. Zacks.com

Insiders Place Their Bets

In other Valero Energy news, CFO Jason W. Fraser sold 9,933 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $174.02, for a total transaction of $1,728,540.66. Following the completion of the sale, the chief financial officer directly owned 134,196 shares of the company’s stock, valued at $23,352,787.92. This trade represents a 6.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.04% of the stock is owned by insiders.

Valero Energy Profile

(Free Report)

Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.

In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.