PBF Energy Inc. (NYSE:PBF – Get Free Report) insider Control Empresarial De Capital sold 903,100 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $42.62, for a total value of $38,490,122.00. Following the completion of the transaction, the insider directly owned 26,469,098 shares in the company, valued at approximately $1,128,112,956.76. The trade was a 3.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Control Empresarial De Capital also recently made the following trade(s):
- On Thursday, March 5th, Control Empresarial De Capital sold 205,000 shares of PBF Energy stock. The stock was sold at an average price of $46.57, for a total value of $9,546,850.00.
- On Tuesday, March 3rd, Control Empresarial De Capital sold 99,000 shares of PBF Energy stock. The shares were sold at an average price of $40.33, for a total transaction of $3,992,670.00.
- On Monday, March 2nd, Control Empresarial De Capital sold 120,000 shares of PBF Energy stock. The shares were sold at an average price of $38.33, for a total transaction of $4,599,600.00.
- On Tuesday, February 24th, Control Empresarial De Capital sold 250,000 shares of PBF Energy stock. The stock was sold at an average price of $34.91, for a total transaction of $8,727,500.00.
- On Thursday, February 12th, Control Empresarial De Capital sold 3,000 shares of PBF Energy stock. The stock was sold at an average price of $36.79, for a total transaction of $110,370.00.
- On Wednesday, February 11th, Control Empresarial De Capital sold 450,000 shares of PBF Energy stock. The shares were sold at an average price of $35.38, for a total transaction of $15,921,000.00.
- On Tuesday, February 10th, Control Empresarial De Capital sold 1,400 shares of PBF Energy stock. The shares were 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 stock was 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 shares were sold at an average price of $34.66, for a total transaction of $5,448,552.00.
PBF Energy Price Performance
Shares of PBF opened at $43.22 on Friday. PBF Energy Inc. has a twelve month low of $13.61 and a twelve month high of $47.18. The stock’s 50 day moving average is $33.46 and its two-hundred day moving average is $31.88. The firm has a market capitalization of $5.05 billion, a PE ratio of -29.40, a P/E/G ratio of 5.80 and a beta of 0.41. The company has a current ratio of 1.21, a quick ratio of 0.51 and a debt-to-equity ratio of 0.40.
PBF Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be given a $0.275 dividend. The ex-dividend date is Wednesday, February 25th. This represents a $1.10 annualized dividend and a yield of 2.5%. PBF Energy’s dividend payout ratio is presently -74.83%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in PBF. Hsbc Holdings PLC grew its stake in PBF Energy by 81.7% in the 4th quarter. Hsbc Holdings PLC now owns 67,674 shares of the oil and gas company’s stock valued at $1,840,000 after acquiring an additional 30,430 shares during the last quarter. Pacer Advisors Inc. increased its holdings in PBF Energy by 15.6% during the 4th quarter. Pacer Advisors Inc. now owns 19,473 shares of the oil and gas company’s stock valued at $528,000 after acquiring an additional 2,635 shares in the last quarter. Corient Private Wealth LLC raised its position in PBF Energy by 4.1% during the fourth quarter. Corient Private Wealth LLC now owns 12,309 shares of the oil and gas company’s stock worth $334,000 after acquiring an additional 483 shares during the last quarter. Empowered Funds LLC raised its position in PBF Energy by 7.3% during the fourth quarter. Empowered Funds LLC now owns 119,402 shares of the oil and gas company’s stock worth $3,238,000 after acquiring an additional 8,154 shares during the last quarter. Finally, Voloridge Investment Management LLC lifted its holdings in shares of PBF Energy by 49.7% in the fourth quarter. Voloridge Investment Management LLC now owns 1,729,304 shares of the oil and gas company’s stock valued at $46,899,000 after purchasing an additional 574,001 shares in the last quarter. Institutional investors and hedge funds own 96.29% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on PBF shares. Citigroup upped their price target on shares of PBF Energy from $29.00 to $36.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. BMO Capital Markets reiterated a “market perform” rating and issued a $34.00 price objective on shares of PBF Energy in a research note on Monday, January 5th. Wolfe Research downgraded shares of PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price objective on the stock. in a report on Monday, December 8th. Piper Sandler upped their target price on shares of PBF Energy from $41.00 to $42.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Finally, Tudor Pickering raised shares of PBF Energy from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. Two research analysts have rated the stock with a Buy rating, nine have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $30.21.
Get Our Latest Stock Analysis on PBF
More PBF Energy News
Here are the key news stories impacting PBF Energy this week:
- Positive Sentiment: PBF reported an upside EPS surprise for the quarter (reported Feb. 12), beating consensus and supporting short‑term cash generation. Read More.
- Positive Sentiment: The company declared a quarterly dividend ($0.275, annualized $1.10, ~2.5% yield), which can attract income investors and provide a modest price floor. Read More.
- Neutral Sentiment: Analyst coverage is mixed—some recent upgrades and higher targets are offset by several Hold/Sell ratings; consensus target remains below current trading levels, capping upside. Read More.
- Neutral Sentiment: Sector commentary notes refiners can benefit from rising crude and geopolitical shocks, but PBF’s upside depends on refinery margins and crude spreads. Read More.
- Negative Sentiment: Major, concentrated selling by a controlling shareholder: Control Empresarial De Capital sold 903,100 shares (Mar. 4) and another 205,000 shares (Mar. 5), representing material, repeated divestments that increase supply pressure and signal reduced insider conviction. Read More.
- Negative Sentiment: Additional insider exits: SVP Paul T. Davis sold 50,000 shares (~$2.24M) and other insiders (including Thomas Nimbley and related entities) trimmed positions, amplifying near‑term selling pressure and raising governance/exit questions. Read More. Read More.
- Negative Sentiment: Fundamentals remain uneven: revenue fell year‑over‑year, margins and ROE are negative, and consensus EPS for the year is below zero—factors that support cautious analyst views and make the stock sensitive to margin pressure. Read More.
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.
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