SG Americas Securities LLC Reduces Holdings in PBF Energy Inc. $PBF

SG Americas Securities LLC decreased its stake in shares of PBF Energy Inc. (NYSE:PBF) by 78.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,929 shares of the oil and gas company’s stock after selling 282,609 shares during the period. SG Americas Securities LLC owned approximately 0.07% of PBF Energy worth $2,168,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of PBF. Smartleaf Asset Management LLC raised its stake in PBF Energy by 197.7% in the third quarter. Smartleaf Asset Management LLC now owns 887 shares of the oil and gas company’s stock worth $27,000 after buying an additional 589 shares in the last quarter. Deseret Mutual Benefit Administrators boosted its position in PBF Energy by 62.3% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,146 shares of the oil and gas company’s stock valued at $35,000 after acquiring an additional 440 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of PBF Energy by 235.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,299 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 912 shares during the period. Quent Capital LLC purchased a new position in shares of PBF Energy in the 3rd quarter valued at approximately $41,000. Finally, Quarry LP lifted its stake in shares of PBF Energy by 4,868.4% in the 3rd quarter. Quarry LP now owns 2,832 shares of the oil and gas company’s stock valued at $85,000 after purchasing an additional 2,775 shares during the period. Hedge funds and other institutional investors own 96.29% of the company’s stock.

Insiders Place Their Bets

In other PBF Energy news, SVP Paul T. Davis sold 50,000 shares of the business’s stock in a transaction dated Friday, March 27th. The stock was sold at an average price of $51.48, for a total value of $2,574,000.00. Following the completion of the transaction, the senior vice president owned 183,426 shares of the company’s stock, valued at approximately $9,442,770.48. The trade was a 21.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Control Empresarial De Capital sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $50.74, for a total transaction of $10,148,000.00. Following the sale, 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 position. The SEC filing for this sale provides additional information. Insiders sold a total of 11,316,825 shares of company stock worth $492,838,557 in the last 90 days. 5.30% of the stock is currently owned by company insiders.

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 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

PBF Energy Stock Down 0.2%

NYSE:PBF opened at $45.28 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.51 and a current ratio of 1.21. The firm has a market cap of $5.29 billion, a P/E ratio of -30.80, a P/E/G ratio of 0.56 and a beta of 0.25. PBF Energy Inc. has a fifty-two week low of $13.61 and a fifty-two week high of $52.18. The firm has a 50-day simple moving average of $39.77 and a two-hundred day simple moving average of $34.52.

PBF Energy (NYSE:PBF) last posted its quarterly earnings results on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.64. The firm 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% on a year-over-year basis. During the same quarter in the prior year, the company posted ($2.82) earnings per share. Analysts predict that PBF Energy Inc. will post -1.12 earnings per share for the current fiscal year.

PBF Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were paid a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 2.4%. The ex-dividend date was Wednesday, February 25th. PBF Energy’s dividend payout ratio (DPR) is currently -74.83%.

Wall Street Analysts Forecast Growth

PBF has been the topic of several recent research reports. Mizuho upped their price target on PBF Energy from $38.00 to $45.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 17th. Tudor Pickering raised PBF Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, February 13th. Weiss Ratings restated a “sell (d)” rating on shares of PBF Energy in a report on Monday, December 29th. Piper Sandler increased their price target on shares of PBF Energy from $41.00 to $42.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Finally, Wolfe Research cut shares of PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price target for the company. in a research report on Monday, December 8th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, PBF Energy presently has a consensus rating of “Reduce” and an average price target of $32.92.

PBF Energy 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.