Valero Energy (NYSE:VLO – Free Report) had its price target increased by TD Cowen from $292.00 to $338.00 in a research note released on Tuesday,Benzinga reports. They currently have a hold rating on the oil and gas company’s stock.
VLO has been the subject of a number of other reports. Raymond James Financial boosted their price objective on shares of Valero Energy from $300.00 to $340.00 and gave the stock a “strong-buy” rating in a report on Monday, July 13th. Wells Fargo & Company lifted their target price on Valero Energy from $220.00 to $292.00 and gave the stock an “overweight” rating in a report on Tuesday, March 31st. Barclays boosted their price target on Valero Energy from $261.00 to $279.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. UBS Group reaffirmed a “buy” rating and set a $280.00 price target on shares of Valero Energy in a report on Thursday, June 11th. Finally, Weiss Ratings cut Valero Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Valero Energy has a consensus rating of “Moderate Buy” and a consensus price target of $255.76.
Get Our Latest Stock Analysis on VLO
Valero Energy Stock Up 0.5%
Valero Energy (NYSE:VLO – Get Free Report) last issued its earnings results on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $1.06. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. The firm had revenue of $32.38 billion for the quarter, compared to the consensus estimate of $31.38 billion. During the same quarter in the prior year, the firm posted $0.89 earnings per share. The business’s revenue was up 7.0% on a year-over-year basis. Analysts predict that Valero Energy will post 32.61 earnings per share for the current fiscal year.
Valero Energy Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, July 31st will be issued a $1.20 dividend. The ex-dividend date is Friday, July 31st. This represents a $4.80 annualized dividend and a yield of 1.5%. Valero Energy’s dividend payout ratio (DPR) is currently 34.88%.
Insider Buying and Selling
In other Valero Energy news, SVP Eric A. Fisher sold 7,500 shares of Valero Energy stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $268.17, for a total value of $2,011,275.00. Following the completion of the sale, the senior vice president owned 19,742 shares of the company’s stock, valued at approximately $5,294,212.14. The trade was a 27.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.36% of the company’s stock.
Hedge Funds Weigh In On Valero Energy
A number of institutional investors and hedge funds have recently modified their holdings of the company. Whipplewood Advisors LLC increased its position in Valero Energy by 3,400.0% during the first quarter. Whipplewood Advisors LLC now owns 105 shares of the oil and gas company’s stock valued at $26,000 after acquiring an additional 102 shares during the last quarter. Financial Life Planners purchased a new position in Valero Energy in the first quarter worth about $28,000. Valued Wealth Advisors LLC boosted its position in Valero Energy by 134.0% in the first quarter. Valued Wealth Advisors LLC now owns 117 shares of the oil and gas company’s stock worth $29,000 after purchasing an additional 67 shares during the last quarter. Global Assets Advisory LLC purchased a new stake in shares of Valero Energy during the 1st quarter valued at about $33,000. Finally, JPL Wealth Management LLC purchased a new stake in shares of Valero Energy during the 3rd quarter valued at about $27,000. 78.69% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Valero Energy
Here are the key news stories impacting Valero Energy this week:
- Positive Sentiment: TD Cowen raised its price target on Valero Energy to $338 from $292, suggesting additional upside even though the firm kept a hold rating. Benzinga
- Positive Sentiment: Zacks highlighted Valero as a top long-term growth stock, reinforcing the view that the refiner still has strong fundamentals and investor appeal. Article
- Positive Sentiment: Valero has been trading near record levels after a recent breakout to a new 52-week high, indicating strong technical momentum. Article
- Neutral Sentiment: Erste Group Bank reportedly raised its FY2026 EPS estimate for Valero, but no additional details were provided. Article
- Neutral Sentiment: Broader energy-sector headlines remain mixed, with strong refinery economics supporting some names while other refining-related stories point to uneven earnings trends elsewhere in the group. Article
About Valero Energy
Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.
In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.
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