PBF Energy (NYSE:PBF) Stock Rating Upgraded by Wall Street Zen

PBF Energy (NYSE:PBF) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Other equities analysts also recently issued research reports about the stock. Tudor Pickering raised shares of PBF Energy from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. Piper Sandler lifted their price objective on shares of PBF Energy from $41.00 to $42.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Scotiabank raised shares of PBF Energy to a “hold” rating in a research note on Friday, March 27th. Wolfe Research cut shares of PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 target price for the company. in a research report on Monday, December 8th. Finally, Zacks Research upgraded shares of PBF Energy from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 19th. Two 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’s stock. Based on data from MarketBeat, PBF Energy has a consensus rating of “Reduce” and an average target price of $32.92.

PBF Energy Trading Down 0.2%

Shares of NYSE PBF opened at $45.28 on Friday. The company has a market cap of $5.29 billion, a price-to-earnings ratio of -30.80, a price-to-earnings-growth ratio of 0.56 and a beta of 0.25. PBF Energy has a 12-month low of $13.61 and a 12-month high of $52.18. 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 stock’s 50 day simple moving average is $39.77 and its 200 day simple moving average is $34.49.

PBF Energy (NYSE:PBF) last issued its quarterly earnings data on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $7.14 billion during the quarter, compared to the consensus estimate of $7.17 billion. During the same period in the prior year, the business earned ($2.82) EPS. The firm’s revenue was down 2.9% on a year-over-year basis. Equities research analysts expect that PBF Energy will post -1.12 EPS for the current year.

Insider Transactions at PBF Energy

In related news, SVP James E. Fedena sold 77,085 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $49.60, for a total transaction of $3,823,416.00. Following the completion of the transaction, the senior vice president owned 139,016 shares of the company’s stock, valued at $6,895,193.60. This trade represents a 35.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Control Empresarial De Capital sold 200,000 shares of PBF Energy stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $50.74, for a total value of $10,148,000.00. Following the transaction, the insider directly owned 19,453,698 shares in the company, valued at approximately $987,080,636.52. The trade was a 1.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 11,316,825 shares of company stock worth $492,838,557. Corporate insiders own 5.30% of the company’s stock.

Hedge Funds Weigh In On PBF Energy

Several hedge funds have recently made changes to their positions in the business. Merit Financial Group LLC lifted its stake in PBF Energy by 3.0% during the third quarter. Merit Financial Group LLC now owns 9,575 shares of the oil and gas company’s stock valued at $289,000 after purchasing an additional 276 shares during the last quarter. Verdence Capital Advisors LLC grew its position in PBF Energy by 2.5% in the third quarter. Verdence Capital Advisors LLC now owns 14,287 shares of the oil and gas company’s stock worth $478,000 after buying an additional 348 shares during the last quarter. Arizona State Retirement System increased its holdings in shares of PBF Energy by 1.4% in the third quarter. Arizona State Retirement System now owns 25,666 shares of the oil and gas company’s stock valued at $774,000 after buying an additional 353 shares in the last quarter. Next Level Private LLC increased its holdings in shares of PBF Energy by 0.6% in the fourth quarter. Next Level Private LLC now owns 66,660 shares of the oil and gas company’s stock valued at $1,808,000 after buying an additional 378 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of PBF Energy by 1.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 28,617 shares of the oil and gas company’s stock valued at $863,000 after acquiring an additional 432 shares during the last quarter. Institutional investors and hedge funds own 96.29% of the company’s stock.

More 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 maintained a market‑perform view, giving the stock fresh analyst support and an implied upside to current levels. BMO PT Raise
• Positive Sentiment: PBF continues to pay a quarterly dividend ($0.275; annualized $1.10, ~2.4% yield) — a steady income cue that can attract income/value buyers, especially alongside refinery cash flows. Dividend / Marketbeat
• Neutral Sentiment: Macro commentary: refinery/oil names including PBF are highlighted as beneficiaries if geopolitical risk (e.g., Strait of Hormuz disruptions) tightens crude markets — a potential tailwind but not a company‑specific catalyst. USAToday Hormuz
• Neutral Sentiment: Several bullish value takes (Zacks, MSN summaries) frame PBF as a long‑term value/refining play; these may attract longer‑horizon investors but lack an immediate trading catalyst. Zacks Value Piece
• Negative Sentiment: Large, concentrated selling by major shareholder Control Empresarial De Capital: multiple Form 4 filings show combined disposals across Mar. 26–31 totaling several million shares (hundreds of millions in proceeds). The scale of these block sales increases supply pressure and is a clear negative signal. Control Empresarial Form 4
• Negative Sentiment: Multiple insider sales from senior executives and a director (Paul T. Davis, James Fedena, Thomas Nimbley) in late‑March represent meaningful reductions in insider positions and add to near‑term negative market psychology. Insider Trades Alert
• Negative Sentiment: Analyst consensus remains mixed/weak (MarketBeat shows a “Reduce” tilt and an average target below current levels), limiting conviction for buyers despite individual raises. Marketbeat Consensus

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.