PBF Energy (NYSE:PBF) SVP James Fedena Sells 18,941 Shares of Stock

PBF Energy Inc. (NYSE:PBF) SVP James Fedena sold 18,941 shares of PBF Energy stock in a transaction on Monday, March 30th. The shares were sold at an average price of $51.66, for a total transaction of $978,492.06. Following the completion of the sale, the senior vice president directly owned 139,016 shares of the company’s stock, valued at approximately $7,181,566.56. The trade was a 11.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

PBF Energy Trading Down 1.8%

PBF Energy stock opened at $45.28 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.51. The company has a market capitalization of $5.29 billion, a price-to-earnings ratio of -30.80, a PEG ratio of 0.57 and a beta of 0.25. PBF Energy Inc. has a one year low of $13.61 and a one year high of $52.18. The company’s fifty day moving average price is $39.53 and its two-hundred day moving average price is $34.37.

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. The company had revenue of $7.14 billion during the quarter, compared to analysts’ expectations of $7.17 billion. PBF Energy had a negative return on equity of 8.86% and a negative net margin of 0.54%.The business’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($2.82) earnings per share. On average, analysts forecast that PBF Energy Inc. will post -1.12 earnings per share for the current fiscal year.

PBF Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were issued a $0.275 dividend. This represents a $1.10 annualized dividend and a yield of 2.4%. The ex-dividend date was Wednesday, February 25th. PBF Energy’s payout ratio is -74.83%.

Key PBF Energy News

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

• Positive Sentiment: BMO Capital Markets raised its price target on PBF to $50 from $43 and kept a “market perform” rating — the new target implies about mid‑teens upside from recent levels, providing some analyst support for the shares. Article Title
• Neutral Sentiment: Zacks published a piece arguing PBF is a long‑term value stock, which may attract long‑horizon income/value investors but doesn’t introduce an immediate catalyst. Article Title
• Neutral Sentiment: A Motley Fool article lists refiners and oil firms as potential beneficiaries of supply disruptions (e.g., Strait of Hormuz scenarios); this is macro tailwind commentary rather than a company‑specific near‑term catalyst. Article Title
• Negative Sentiment: Large insider selling by major shareholder Control Empresarial De Capital: multiple Form 4s show sales of 637,000; 600,000; 200,000; and 85,000 shares across Mar. 26–31 at average prices around $50 — roughly $76.6M of disposals in that block. The holder still retains a multi‑million‑share stake, but the scale of sales is a clear negative signal to the market. SEC Filing
• Negative Sentiment: Senior executives and directors also sold shares recently: SVP Paul T. Davis sold 50,000 shares (avg ~$51.48), SVP James E. Fedena sold ~96k shares across two trades (~$49.60–$51.66), and Director Thomas Nimbley sold 50,000 shares (~$50.62). Combined insider disposals across these filings amount to roughly $9.9M — adding to negative investor perception. SEC Filing (example)

Analysts Set New Price Targets

Several brokerages have commented on PBF. Citigroup increased their price target on PBF Energy from $29.00 to $36.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. Scotiabank raised shares of PBF Energy to a “hold” rating in a report on Friday, March 27th. Weiss Ratings reiterated a “sell (d)” rating on shares of PBF Energy in a research note on Monday, December 29th. BMO Capital Markets boosted their target price on shares of PBF Energy from $43.00 to $50.00 and gave the stock a “market perform” rating in a research report on Thursday. Finally, The Goldman Sachs Group upped their price target on shares of PBF Energy from $33.00 to $41.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $32.92.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of PBF. Goldman Sachs Group Inc. boosted its position in shares of PBF Energy by 127.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock valued at $171,595,000 after acquiring an additional 3,550,820 shares during the period. Invesco Ltd. increased its position in PBF Energy by 147.4% during the third quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock worth $83,639,000 after acquiring an additional 1,651,516 shares during the period. AQR Capital Management LLC raised its stake in PBF Energy by 230.7% during the 2nd quarter. AQR Capital Management LLC now owns 2,085,060 shares of the oil and gas company’s stock valued at $45,183,000 after purchasing an additional 1,454,500 shares during the last quarter. Norges Bank bought a new stake in PBF Energy in the 4th quarter valued at $34,243,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in PBF Energy by 2,198.8% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,212,368 shares of the oil and gas company’s stock valued at $36,577,000 after purchasing an additional 1,159,628 shares during the period. 96.29% of the stock is currently owned by institutional investors and hedge funds.

PBF Energy Company Profile

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.