Foster & Motley Inc. Sells 33,879 Shares of Petroleo Brasileiro S.A.- Petrobras $PBR

Foster & Motley Inc. lowered its stake in shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) by 36.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 60,230 shares of the oil and gas exploration company’s stock after selling 33,879 shares during the period. Foster & Motley Inc.’s holdings in Petroleo Brasileiro S.A.- Petrobras were worth $714,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. New York State Common Retirement Fund increased its position in Petroleo Brasileiro S.A.- Petrobras by 20.9% in the third quarter. New York State Common Retirement Fund now owns 2,702,467 shares of the oil and gas exploration company’s stock worth $34,213,000 after buying an additional 467,737 shares during the last quarter. ARGA Investment Management LP lifted its position in shares of 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 buying an additional 7,772,595 shares during the last quarter. J. Safra Sarasin Holding AG purchased a new position in shares of Petroleo Brasileiro S.A.- Petrobras during the 3rd quarter valued at $1,342,000. North of South Capital LLP grew its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 150.9% during the 3rd quarter. North of South Capital LLP now owns 285,373 shares of the oil and gas exploration company’s stock worth $3,613,000 after acquiring an additional 171,649 shares during the period. Finally, Annex Advisory Services LLC grew its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 7.4% during the 3rd quarter. Annex Advisory Services LLC now owns 1,994,268 shares of the oil and gas exploration company’s stock worth $25,247,000 after acquiring an additional 137,370 shares during the period.

Key Headlines Impacting Petroleo Brasileiro S.A.- Petrobras

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

• Positive Sentiment: Analyst upgrade — Zacks moved PBR to a Zacks Rank #1 (Strong Buy), citing improved earnings prospects that can attract buy-side interest. Petrobras (PBR) Upgraded to Strong Buy: Here’s Why
• Positive Sentiment: New resource upside — reports say Petrobras discovered “high‑quality” oil offshore Brazil, a development that supports production/growth optionality and longer‑term cash flow outlook. Petrobras (PBR) discovers high quality oil offshore Brazil
• Positive Sentiment: Renewables push — Petrobras partnered with Fugro for geotechnical work on Brazil’s first licensed offshore wind pilot (18 MW), signaling diversification into renewables and potential new revenue streams. Petrobras Teams With Fugro for Geotechnical Work on Wind Project
• Positive Sentiment: Short-term momentum — coverage notes PBR rallied ~10.5% over the past week, indicating renewed investor interest that could support further gains if earnings and macro factors remain favourable. Petrobras (PBR) Is Up 10.48% in One Week: What You Should Know
• Neutral Sentiment: Quant recognition — PBR is highlighted as a top quant‑rated foreign stock amid volatility; useful as a data point for systematic funds but not a direct catalyst. Petróleo Brasileiro is the top quant rated foreign stock amid global market volatility
• Negative Sentiment: Domestic fuel‑price shock — Petrobras raised jet‑fuel prices by ~55% (reported by Reuters), a move tied to higher global oil prices and the U.S.-Israel/Iran war dynamics; large domestic price hikes increase political and regulatory scrutiny in Brazil and could trigger backlash or tighter government oversight. Brazil’s Petrobras raises jet fuel prices by around 55%
• Negative Sentiment: Near‑term price pressure — market notes and headlines this morning highlighted a pullback in PBR shares, reflecting profit‑taking after the recent run and immediate reaction to the fuel‑price announcement. Petrobras (PBR) Stock Slides as Market Rises: Facts to Know Before You Trade

Petroleo Brasileiro S.A.- Petrobras Stock Performance

NYSE:PBR opened at $20.10 on Thursday. The business’s fifty day moving average is $17.04 and its 200 day moving average is $13.96. The firm has a market cap of $129.53 billion, a price-to-earnings ratio of 6.61, a PEG ratio of 0.18 and a beta of 0.37. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.48 and a current ratio of 0.71. Petroleo Brasileiro S.A.- Petrobras has a 52-week low of $11.03 and a 52-week high of $21.40.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) last issued its earnings results on Sunday, February 15th. The oil and gas exploration company reported $0.45 EPS for the quarter. Petroleo Brasileiro S.A.- Petrobras had a return on equity of 24.26% and a net margin of 22.01%.The business had revenue of $23.61 billion during the quarter. Research analysts predict that Petroleo Brasileiro S.A.- Petrobras will post 2.14 EPS for the current year.

Petroleo Brasileiro S.A.- Petrobras Announces Dividend

The company also recently declared a special dividend, which will be paid on Thursday, May 28th. Stockholders of record on Friday, April 24th will be issued a $0.1191 dividend. The ex-dividend date of this dividend is Friday, April 24th. Petroleo Brasileiro S.A.- Petrobras’s dividend payout ratio is presently 11.51%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on PBR shares. Jefferies Financial Group cut Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating and lowered their price objective for the company from $20.30 to $19.00 in a research note on Friday, March 13th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a research report on Monday, December 29th. The Goldman Sachs Group lifted their target price on shares of Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Wall Street Zen raised shares of Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a research report on Sunday, March 22nd. Finally, UBS Group upped their price target on shares of Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $16.20.

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.