PBF Energy (NYSE:PBF) SVP Paul Davis Sells 50,000 Shares of Stock

PBF Energy Inc. (NYSE:PBF) SVP Paul Davis sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $51.48, for a total transaction of $2,574,000.00. Following the transaction, the senior vice president directly owned 183,426 shares in the company, valued at approximately $9,442,770.48. This trade represents a 21.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

PBF Energy Stock Down 1.8%

Shares of NYSE PBF opened at $45.28 on Friday. PBF Energy Inc. has a 52-week low of $13.61 and a 52-week high of $52.18. The firm 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. The stock has a 50 day moving average price of $39.53 and a 200 day moving average price of $34.37. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.51 and a current ratio of 1.21.

PBF Energy (NYSE:PBF) last released its quarterly earnings data on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, topping the consensus estimate of ($0.15) by $0.64. PBF Energy had a negative return on equity of 8.86% and a negative net margin of 0.54%.The company had revenue of $7.14 billion for the quarter, compared to the consensus estimate of $7.17 billion. During the same period last year, the business posted ($2.82) EPS. PBF Energy’s quarterly revenue was down 2.9% on a year-over-year basis. Sell-side analysts expect that PBF Energy Inc. will post -1.12 earnings per share for the current year.

PBF Energy Dividend Announcement

The company also recently disclosed 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 dividend yield of 2.4%. The ex-dividend date was Wednesday, February 25th. PBF Energy’s payout ratio is presently -74.83%.

Hedge Funds Weigh In On PBF Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC purchased a new stake in shares of PBF Energy during the third quarter valued at about $10,207,000. First Eagle Investment Management LLC grew its position in shares of PBF Energy by 7.9% in the 3rd 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 last quarter. Nomura Holdings Inc. purchased a new position in shares of PBF Energy in the 2nd quarter worth approximately $5,843,000. Allianz Asset Management GmbH raised its stake in shares of 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 worth $8,058,000 after acquiring an additional 247,039 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its position in PBF Energy by 264.9% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 96,856 shares of the oil and gas company’s stock valued at $2,922,000 after acquiring an additional 70,312 shares during the last quarter. Hedge funds and other institutional investors own 96.29% of the company’s stock.

Trending Headlines about PBF Energy

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)

Analyst Upgrades and Downgrades

Several brokerages have issued reports on PBF. Weiss Ratings reiterated a “sell (d)” rating on shares of PBF Energy in a report on Monday, December 29th. Piper Sandler upped their price target on shares of PBF Energy from $41.00 to $42.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Wolfe Research downgraded shares of PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price objective on the stock. in a research note on Monday, December 8th. BMO Capital Markets lifted their price objective on shares of PBF Energy from $43.00 to $50.00 and gave the company a “market perform” rating in a report on Thursday. Finally, Citigroup boosted their price objective on shares of PBF Energy from $29.00 to $36.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, PBF Energy presently has an average rating of “Reduce” and a consensus target price of $32.92.

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.