PBF Energy (NYSE:PBF) Stock Price Up 5.3% on Analyst Upgrade

Shares of PBF Energy Inc. (NYSE:PBF) traded up 5.3% on Wednesday after Mizuho raised their price target on the stock from $38.00 to $45.00. Mizuho currently has a neutral rating on the stock. PBF Energy traded as high as $46.00 and last traded at $46.9210. 274,171 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 3,646,523 shares. The stock had previously closed at $44.55.

Several other equities analysts have also commented on the company. Piper Sandler raised their price objective on PBF Energy from $41.00 to $42.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Zacks Research raised shares of PBF Energy from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 19th. Tudor Pickering upgraded shares of PBF Energy from a “strong sell” rating to a “hold” rating in a research note on Friday, February 13th. Weiss Ratings reissued a “sell (d)” rating on shares of PBF Energy in a research note on Monday, December 29th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $34.00 price objective on shares of PBF Energy in a report on Monday, January 5th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, PBF Energy has a consensus rating of “Reduce” and a consensus price target of $31.69.

Insider Buying and Selling at PBF Energy

In other news, insider Control Empresarial De Capital sold 600,000 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $44.43, for a total transaction of $26,658,000.00. Following the sale, the insider owned 24,096,898 shares in the company, valued at $1,070,625,178.14. This represents a 2.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Paul T. Davis sold 50,000 shares of the firm’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 sale, the senior vice president directly owned 183,426 shares of the company’s stock, valued at $8,217,484.80. This trade represents a 21.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 6,367,179 shares of company stock worth $251,164,080. 5.30% of the stock is owned by corporate insiders.

PBF Energy News Roundup

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

• Positive Sentiment: Refining-margin tailwinds and Martinez restart progress — Market indicators for gasoline/diesel crack spreads have strengthened in March, boosting near‑term profitability expectations for independent refiners like PBF; plus renewed confidence that the Martinez, CA rebuild/restart is advancing toward targeted operating rates, removing a major operational overhang. PBF Energy jumps as refining-margin tailwinds and Martinez restart progress come back into focus
• Positive Sentiment: Goldman/Quant coverage highlights sector upside — Recent commentary/quant ratings singled out refiners including PBF as beneficiaries of tighter jet/diesel markets, which supports bullish positioning by quant-driven investors. This can amplify momentum when cracks widen. Goldman: Oil market shock hits jet fuel, diesel harder; PBF, Par Pacific rated strong buy by Quant ratings
• Positive Sentiment: Mizuho raised its price target — Mizuho increased its PBF target to $45 (neutral rating), which narrows downside concerns and may support buy-side interest after the recent volatility. Benzinga
• Neutral Sentiment: Zacks notes PBF’s momentum characteristics — A style-score/momentum write-up highlights technical and momentum metrics that can attract short‑term traders, supporting volume-driven moves but not necessarily long-term fundamental change. Here’s Why PBF Energy (PBF) is a Strong Momentum Stock
• Neutral Sentiment: CEO 2025 pay disclosure — A DEF14A-based estimate shows CEO Matthew Lucey’s 2025 compensation declined ~12% vs. 2024; governance/comp metrics can interest some investors but are unlikely to be the primary driver of the move. PBF Energy Inc. ($PBF) President and CEO 2025 Pay Revealed
• Negative Sentiment: Large insider selling by control shareholder — Control Empresarial De Capital disclosed sales (including a 600,000‑share sale reported Mar 17 at ~$44.43), continuing a pattern of recent insider liquidations; heavy insider selling can be interpreted as a negative governance/conviction signal and may cap upside if it persists. SEC Form 4 — Control Empresarial De Capital sale

Institutional Trading of PBF Energy

Several institutional investors have recently added to or reduced their stakes in PBF. Corient Private Wealth LLC raised its stake in shares of PBF Energy by 4.1% in the fourth quarter. Corient Private Wealth LLC now owns 12,309 shares of the oil and gas company’s stock worth $334,000 after purchasing an additional 483 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of PBF Energy by 81.7% during the fourth quarter. Hsbc Holdings PLC now owns 67,674 shares of the oil and gas company’s stock valued at $1,840,000 after purchasing an additional 30,430 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of PBF Energy by 15.6% during the fourth quarter. Pacer Advisors Inc. now owns 19,473 shares of the oil and gas company’s stock valued at $528,000 after buying an additional 2,635 shares during the last quarter. Empowered Funds LLC boosted its position in shares of 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 valued at $3,238,000 after buying an additional 8,154 shares during the last quarter. Finally, Voloridge Investment Management LLC increased its holdings in PBF Energy by 49.7% in the 4th quarter. Voloridge Investment Management LLC now owns 1,729,304 shares of the oil and gas company’s stock worth $46,899,000 after buying an additional 574,001 shares in the last quarter. 96.29% of the stock is currently owned by hedge funds and other institutional investors.

PBF Energy Price Performance

The firm has a fifty day moving average of $35.88 and a 200 day moving average of $32.86. The company has a current ratio of 1.21, a quick ratio of 0.51 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $5.51 billion, a P/E ratio of -32.06, a P/E/G ratio of 4.74 and a beta of 0.41.

PBF Energy (NYSE:PBF) last posted its earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.64. The business had revenue of $7.14 billion for the quarter, compared to analysts’ expectations of $7.17 billion. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. The business’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($2.82) EPS. On average, equities research analysts anticipate that PBF Energy Inc. will post -1.12 EPS for the current year.

PBF Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were given a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, February 25th. PBF Energy’s payout ratio is -74.83%.

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.