PBF Energy Inc. (NYSE:PBF – Get Free Report) insider Control Empresarial De Capital sold 380,000 shares of the firm’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $43.30, for a total value of $16,454,000.00. Following the sale, the insider owned 24,746,098 shares in the company, valued at $1,071,506,043.40. The trade was a 1.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Control Empresarial De Capital also recently made the following trade(s):
- On Thursday, March 12th, Control Empresarial De Capital sold 265,000 shares of PBF Energy stock. The stock was sold at an average price of $43.55, for a total value of $11,540,750.00.
- On Wednesday, March 11th, Control Empresarial De Capital sold 838,000 shares of PBF Energy stock. The stock was sold at an average price of $41.91, for a total value of $35,120,580.00.
- On Tuesday, March 10th, Control Empresarial De Capital sold 22,000 shares of PBF Energy stock. The stock was sold at an average price of $40.08, for a total value of $881,760.00.
- On Thursday, March 5th, Control Empresarial De Capital sold 205,000 shares of PBF Energy stock. The shares were sold at an average price of $46.57, for a total transaction of $9,546,850.00.
- On Wednesday, March 4th, Control Empresarial De Capital sold 903,100 shares of PBF Energy stock. The stock was sold at an average price of $42.62, for a total transaction of $38,490,122.00.
- On Tuesday, March 3rd, Control Empresarial De Capital sold 99,000 shares of PBF Energy stock. The stock was 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 shares were sold at an average price of $34.91, for a total value of $8,727,500.00.
- 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 value of $110,370.00.
- On Wednesday, February 11th, Control Empresarial De Capital sold 450,000 shares of PBF Energy stock. The stock was sold at an average price of $35.38, for a total value of $15,921,000.00.
PBF Energy Trading Up 1.3%
NYSE PBF opened at $43.47 on Monday. The firm has a market cap of $5.08 billion, a PE ratio of -29.57, a price-to-earnings-growth ratio of 4.63 and a beta of 0.41. PBF Energy Inc. has a 1-year low of $13.61 and a 1-year high of $47.18. The stock has a 50-day moving average of $34.87 and a 200-day moving average of $32.52. 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 company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were issued a $0.275 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $1.10 annualized dividend and a dividend yield of 2.5%. PBF Energy’s dividend payout ratio (DPR) is currently -74.83%.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in PBF. Allspring Global Investments Holdings LLC bought a new position in PBF Energy in the third quarter worth about $10,207,000. First Eagle Investment Management LLC lifted its holdings in PBF Energy by 7.9% in the third quarter. First Eagle Investment Management LLC now owns 547,546 shares of the oil and gas company’s stock worth $16,519,000 after buying an additional 40,129 shares during the period. Allianz Asset Management GmbH boosted its position in PBF Energy by 1,232.0% during the 3rd quarter. Allianz Asset Management GmbH now owns 267,091 shares of the oil and gas company’s stock valued at $8,058,000 after acquiring an additional 247,039 shares in the last quarter. Nomura Holdings Inc. purchased a new position in shares of PBF Energy during the 2nd quarter worth approximately $5,843,000. Finally, Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of PBF Energy by 264.9% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 96,856 shares of the oil and gas company’s stock worth $2,922,000 after acquiring an additional 70,312 shares during the period. 96.29% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the stock. Mizuho upgraded shares of PBF Energy from an “underperform” rating to a “neutral” rating and upped their price target for the company from $31.00 to $38.00 in a report on Friday, December 12th. BMO Capital Markets restated a “market perform” rating and issued a $34.00 price objective on shares of PBF Energy in a research report on Monday, January 5th. Citigroup upped their price objective on shares of PBF Energy from $29.00 to $36.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Piper Sandler increased their target price on shares of PBF Energy from $41.00 to $42.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Finally, Tudor Pickering raised PBF Energy from a “strong sell” rating to a “hold” rating in a research note on Friday, February 13th. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $31.15.
Get Our Latest Stock Analysis on PBF Energy
Key PBF Energy News
Here are the key news stories impacting PBF Energy this week:
- Positive Sentiment: Q4 earnings surprised on the upside (reported $0.49 EPS vs. consensus -$0.15), which reinforces near‑term operating confidence for PBF’s refining‑heavy model. MarketBeat Q4 Results
- Positive Sentiment: Analysts/commentary are pricing in an Iran‑related supply premium that could sustain higher refinery margins — a direct potential boost to PBF if the geopolitical premium persists. Seeking Alpha: Iran Tailwind
- Positive Sentiment: PBF recently paid a quarterly dividend ($0.275 / share; annualized $1.10, ~2.5% yield), which supports income investor interest and can reduce volatility from purely speculative flows. MarketBeat Dividend Notice
- Positive Sentiment: Technical chatter highlights PBF as a potential short‑squeeze candidate, which can amplify upside if short interest and momentum align. Schaeffers: Short‑Squeeze List
- Neutral Sentiment: Management will present at the Piper Sandler Energy Conference (Mar 16–17), offering a near‑term catalyst for updated commentary or guidance but with uncertain incremental impact. PR Newswire: Piper Sandler
- Neutral Sentiment: Goldman Sachs raised its price target from $33 to $41 but kept a “neutral” rating — the higher target reduces one downside argument but does not signal a buy. Benzinga: Goldman Note
- Negative Sentiment: Substantial insider selling by Control Empresarial De Capital: large blocks were sold this week (including 838,000 shares on Mar 11 and multiple earlier sales). The volume and frequency can create near‑term supply pressure and may be read as reduced insider conviction. SEC Form 4
- Negative Sentiment: High‑volume put buying has been reported, signaling that some traders are positioning for a pullback — this could magnify downside if margins or sentiment deteriorate. American Banking News: Options Flow
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.
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