Control Empresarial De Capital Sells 450,000 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBFGet Free Report) insider Control Empresarial De Capital sold 450,000 shares of the company’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $35.38, for a total transaction of $15,921,000.00. Following the completion of the sale, the insider directly owned 28,443,198 shares in the company, valued at approximately $1,006,320,345.24. The trade was a 1.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Control Empresarial De Capital also recently made the following trade(s):

  • On Thursday, February 12th, Control Empresarial De Capital sold 3,000 shares of PBF Energy stock. The shares were sold at an average price of $36.79, for a total transaction of $110,370.00.
  • On Tuesday, February 10th, Control Empresarial De Capital sold 1,400 shares of PBF Energy stock. The stock was sold at an average price of $34.50, for a total transaction of $48,300.00.
  • On Monday, February 9th, Control Empresarial De Capital sold 228,500 shares of PBF Energy stock. The stock was sold at an average price of $35.26, for a total transaction of $8,056,910.00.
  • On Friday, February 6th, Control Empresarial De Capital sold 303,200 shares of PBF Energy stock. The shares were sold at an average price of $35.62, for a total transaction of $10,799,984.00.
  • On Thursday, February 5th, Control Empresarial De Capital sold 157,200 shares of PBF Energy stock. The stock was sold at an average price of $34.66, for a total value of $5,448,552.00.
  • On Wednesday, February 4th, Control Empresarial De Capital sold 480,000 shares of PBF Energy stock. The shares were sold at an average price of $35.07, for a total value of $16,833,600.00.
  • On Tuesday, February 3rd, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The shares were sold at an average price of $33.85, for a total value of $6,770,000.00.
  • On Friday, January 30th, Control Empresarial De Capital sold 60,000 shares of PBF Energy stock. The stock was sold at an average price of $33.46, for a total value of $2,007,600.00.
  • On Thursday, January 29th, Control Empresarial De Capital sold 35,000 shares of PBF Energy stock. The stock was sold at an average price of $34.07, for a total value of $1,192,450.00.
  • On Thursday, January 22nd, Control Empresarial De Capital sold 40,000 shares of PBF Energy stock. The shares were sold at an average price of $33.79, for a total value of $1,351,600.00.

PBF Energy Stock Up 2.4%

Shares of NYSE:PBF opened at $34.47 on Friday. PBF Energy Inc. has a 12 month low of $13.61 and a 12 month high of $41.47. The company’s 50-day moving average price is $30.76 and its two-hundred day moving average price is $30.38. The company has a quick ratio of 0.59, a current ratio of 1.38 and a debt-to-equity ratio of 0.45. The firm has a market cap of $3.99 billion, a P/E ratio of -23.45, a P/E/G ratio of 6.11 and a beta of 0.50.

PBF Energy (NYSE:PBFGet Free Report) last announced its earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.64. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.94%. The company had revenue of $7.14 billion for the quarter, compared to analyst estimates of $7.17 billion. During the same period in the prior year, the business earned ($2.82) earnings per share. PBF Energy’s quarterly revenue was down 2.9% on a year-over-year basis. As a group, research analysts forecast that PBF Energy Inc. will post -1.12 EPS for the current fiscal year.

PBF Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be given a dividend of $0.275 per share. The ex-dividend date is Wednesday, February 25th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.2%. PBF Energy’s payout ratio is presently -74.83%.

Institutional Investors Weigh In On PBF Energy

Several hedge funds have recently bought and sold shares of the company. Smartleaf Asset Management LLC grew its holdings in shares of PBF Energy by 197.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 887 shares of the oil and gas company’s stock valued at $27,000 after buying an additional 589 shares during the period. Torren Management LLC acquired a new position in PBF Energy in the fourth quarter valued at about $30,000. Los Angeles Capital Management LLC bought a new stake in shares of PBF Energy in the fourth quarter worth about $31,000. Deseret Mutual Benefit Administrators increased its holdings in shares of PBF Energy by 62.3% in the third quarter. Deseret Mutual Benefit Administrators now owns 1,146 shares of the oil and gas company’s stock worth $35,000 after acquiring an additional 440 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its position in shares of PBF Energy by 235.7% during the third quarter. Hantz Financial Services Inc. now owns 1,299 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 912 shares during the period. 96.29% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about PBF Energy

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

  • Positive Sentiment: Q4 earnings beat consensus as refining margins improved; reported EPS of $0.49 versus consensus loss, and operating income turned positive — this drove much of the bullish investor response. PR Newswire: Q4 Results & Dividend
  • Positive Sentiment: Company announced a quarterly dividend of $0.275/share (3.3% yield), signaling cash return to shareholders and supporting investor sentiment. PR Newswire: Dividend Announcement
  • Positive Sentiment: PBF highlighted operational progress at its Martinez refinery and set a target of $350M in annualized run-rate savings by end-2026, which could materially improve margins over coming quarters if achieved. MSN: Martinez Restart & Savings Target
  • Neutral Sentiment: Revenue dipped slightly year-over-year and came marginally under Street expectations, so earnings strength was driven mostly by margins and cost controls rather than top-line growth. Zacks: Earnings Beat on Margins
  • Neutral Sentiment: Analyst coverage remains mixed — some price targets were raised while consensus remains below many broker targets; expect continued variability in sentiment until operational improvements are proven. MarketBeat: Analyst Ratings & Targets
  • Negative Sentiment: Significant insider selling by controlling shareholder Control Empresarial De Capital (multiple large blocks sold over several days, including a 450,000-share block) creates a notable supply overhang and may pressure the stock if selling continues. SEC Form 4: Insider Sales

Wall Street Analysts Forecast Growth

Several analysts have weighed in on PBF shares. Citigroup boosted their price objective on PBF Energy from $29.00 to $36.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Mizuho raised shares of PBF Energy from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $31.00 to $38.00 in a research note on Friday, December 12th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $34.00 price objective on shares of PBF Energy in a research note on Monday, January 5th. TD Cowen reiterated a “sell” rating on shares of PBF Energy in a research report on Friday, October 31st. Finally, Wall Street Zen raised PBF Energy from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and seven have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $30.21.

View Our Latest Analysis on PBF Energy

About PBF Energy

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for PBF Energy (NYSE:PBF)

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