Paul Davis Sells 50,000 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) SVP Paul Davis sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $44.80, for a total transaction of $2,240,000.00. Following the transaction, the senior vice president owned 183,426 shares of the company’s stock, valued at approximately $8,217,484.80. This represents a 21.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

PBF Energy Trading Down 5.3%

PBF opened at $43.22 on Friday. The firm’s fifty day moving average is $33.46 and its two-hundred day moving average is $31.88. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.51 and a current ratio of 1.21. The firm has a market cap of $5.05 billion, a PE ratio of -29.40, a price-to-earnings-growth ratio of 5.80 and a beta of 0.41. PBF Energy Inc. has a twelve month low of $13.61 and a twelve month high of $47.18.

PBF Energy (NYSE:PBF) last announced its quarterly earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share 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 8.86%. The company had revenue of $7.14 billion for the quarter, compared to analysts’ expectations of $7.17 billion. During the same period last year, the firm posted ($2.82) earnings per share. The business’s quarterly revenue was down 2.9% compared to the same quarter last year. Equities research analysts anticipate that PBF Energy Inc. will post -1.12 EPS for the current year.

PBF Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $0.275 per share. The ex-dividend date is Wednesday, February 25th. This represents a $1.10 annualized dividend and a yield of 2.5%. PBF Energy’s payout ratio is currently -74.83%.

Institutional Trading of PBF Energy

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

Wall Street Analyst Weigh In

PBF has been the subject of several recent analyst reports. Mizuho upgraded PBF Energy from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $31.00 to $38.00 in a report on Friday, December 12th. Weiss Ratings reiterated a “sell (d)” rating on shares of PBF Energy in a report on Monday, December 29th. Zacks Research upgraded PBF Energy from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 19th. Citigroup increased their target price on PBF Energy from $29.00 to $36.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Finally, Tudor Pickering upgraded shares of PBF Energy from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, PBF Energy currently has an average rating of “Reduce” and an average target price of $30.21.

Key Stories Impacting PBF Energy

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.

About PBF Energy

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.