Aquatic Capital Management LLC Acquires Shares of 792,742 Petroleo Brasileiro S.A.- Petrobras $PBR

Aquatic Capital Management LLC bought a new position in Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 792,742 shares of the oil and gas exploration company’s stock, valued at approximately $10,036,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital International Investors raised its position in shares of Petroleo Brasileiro S.A.- Petrobras by 14.7% in the 3rd quarter. Capital International Investors now owns 20,211,745 shares of the oil and gas exploration company’s stock worth $255,881,000 after purchasing an additional 2,592,536 shares during the last quarter. ARGA Investment Management LP grew its position in Petroleo Brasileiro S.A.- Petrobras by 70.4% during the 3rd quarter. ARGA Investment Management LP now owns 18,808,705 shares of the oil and gas exploration company’s stock valued at $238,118,000 after purchasing an additional 7,772,595 shares during the last quarter. Mondrian Investment Partners LTD bought a new stake in Petroleo Brasileiro S.A.- Petrobras during the 3rd quarter valued at about $140,433,000. Perpetual Ltd increased its stake in Petroleo Brasileiro S.A.- Petrobras by 1.0% during the 3rd quarter. Perpetual Ltd now owns 3,295,157 shares of the oil and gas exploration company’s stock valued at $41,717,000 after purchasing an additional 33,500 shares in the last quarter. Finally, Todd Asset Management LLC raised its holdings in Petroleo Brasileiro S.A.- Petrobras by 4.9% in the third quarter. Todd Asset Management LLC now owns 3,137,096 shares of the oil and gas exploration company’s stock worth $39,716,000 after buying an additional 147,650 shares during the last quarter.

More Petroleo Brasileiro S.A.- Petrobras News

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

• Positive Sentiment: Petrobras will raise diesel prices to distributors by 0.38 reais per liter starting March 14, which should help near‑term revenue and margins after the recent oil shock. Brazil’s Petrobras to raise diesel prices after oil shock
• Positive Sentiment: Petrobras signed a $736 million deal with Oceanica for six offshore support vessels to expand subsea inspection, maintenance and intervention capacity across Brazil’s offshore fields — a capex push that supports sustained production and field uptime. Petrobras Inks $736 Million Offshore Vessel Contracts With Oceanica
• Positive Sentiment: P‑78 FPSO achieved first gas injection just 61 days after first oil, which should lift output at the Buzios pre‑salt field and support production guidance. This operational milestone reduces execution risk on growth projects. Petrobras Achieves Key Milestone With P-78 FPSO’s First Gas Injection
• Positive Sentiment: Goldman Sachs reaffirmed a buy on Petrobras, adding institutional support to the thesis that the company can deliver on upstream growth and cash generation. Goldman Sachs Remains a Buy on Petroleo Brasileiro SA- Petrobras (PBR)
• Neutral Sentiment: Long‑term performance write‑ups highlight how a decade‑long investment in Petrobras would have performed — useful context for long‑term investors but not an immediate price driver. Here’s How Much a $1000 Investment in Petrobras Made 10 Years Ago Would Be Worth Today
• Neutral Sentiment: Macro commentary on Brazil ETF (EWZ) and oil prices underscores that Petrobras remains highly correlated to oil — positive for upside if oil stays elevated, but also increases volatility risk. If Oil Holds Above $90, EWZ Investors Are Going To Be In For A Wild Ride
• Negative Sentiment: Petrobras’ board approved joining Brazil’s newly announced diesel commercialization subsidy program (pending regulator details). Investors often view government subsidy programs as a potential source of political interference or margin constraints unless compensation terms fully protect the company. Petrobras Joins Brazil’s Diesel Subsidy Program to Stabilize Prices
• Negative Sentiment: Jefferies downgraded Petrobras from buy to hold and trimmed its price target to $19 (from $20.30), signaling more cautious near‑term expectations and reducing some analyst momentum. Jefferies downgrades Petrobras

Analysts Set New Price Targets

Several brokerages have recently issued reports on PBR. UBS Group upped their target price on shares of Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Wall Street Zen lowered shares of Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a research report on Monday, December 29th. Jefferies Financial Group downgraded Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating and cut their target price for the company from $20.30 to $19.00 in a research note on Friday. Finally, The Goldman Sachs Group lifted their target price on Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $16.20.

Petroleo Brasileiro S.A.- Petrobras Stock Performance

Shares of NYSE PBR opened at $18.57 on Monday. The firm’s 50-day moving average price is $15.07 and its 200-day moving average price is $13.29. Petroleo Brasileiro S.A.- Petrobras has a 52-week low of $11.03 and a 52-week high of $19.29. The company has a market cap of $119.65 billion, a PE ratio of 6.11, a PEG ratio of 0.18 and a beta of 0.51. The company has a quick ratio of 0.48, a current ratio of 0.71 and a debt-to-equity ratio of 0.76.

Petroleo Brasileiro S.A.- Petrobras Dividend Announcement

The business also recently announced a special dividend, which will be paid on Thursday, May 28th. Investors of record on Friday, April 24th will be issued a $0.1191 dividend. The ex-dividend date is Friday, April 24th. Petroleo Brasileiro S.A.- Petrobras’s dividend payout ratio (DPR) is currently 13.16%.

About Petroleo Brasileiro S.A.- Petrobras

Petróleo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil’s energy sector and is a listed public company with global capital market presence.

Petrobras’s core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil’s coast.