PBF Energy Inc. (NYSE:PBF) Receives Average Rating of “Reduce” from Brokerages

PBF Energy Inc. (NYSE:PBF) has been given an average recommendation of “Reduce” by the fifteen brokerages that are covering the company, MarketBeat reports. Five research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $31.1538.

Several brokerages have weighed in on PBF. Zacks Research raised shares of PBF Energy from a “strong sell” rating to a “hold” rating in a report on Thursday, February 19th. Tudor Pickering upgraded shares of PBF Energy from a “strong sell” rating to a “hold” rating in a research note on Friday, February 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of PBF Energy in a research report on Monday, December 29th. Wolfe Research downgraded PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price target for the company. in a research note on Monday, December 8th. Finally, Piper Sandler boosted their price objective on PBF Energy from $41.00 to $42.00 and gave the company an “overweight” rating in a report on Friday, February 13th.

More PBF Energy News

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

• Positive Sentiment: Q4 earnings surprised on the upside (reported $0.49 EPS vs. consensus -$0.15), which reinforces near‑term operating confidence for PBF’s refining‑heavy model. MarketBeat Q4 Results
• Positive Sentiment: Analysts/commentary are pricing in an Iran‑related supply premium that could sustain higher refinery margins — a direct potential boost to PBF if the geopolitical premium persists. Seeking Alpha: Iran Tailwind
• Positive Sentiment: PBF recently paid a quarterly dividend ($0.275 / share; annualized $1.10, ~2.5% yield), which supports income investor interest and can reduce volatility from purely speculative flows. MarketBeat Dividend Notice
• Positive Sentiment: Technical chatter highlights PBF as a potential short‑squeeze candidate, which can amplify upside if short interest and momentum align. Schaeffers: Short‑Squeeze List
• Neutral Sentiment: Management will present at the Piper Sandler Energy Conference (Mar 16–17), offering a near‑term catalyst for updated commentary or guidance but with uncertain incremental impact. PR Newswire: Piper Sandler
• Neutral Sentiment: Goldman Sachs raised its price target from $33 to $41 but kept a “neutral” rating — the higher target reduces one downside argument but does not signal a buy. Benzinga: Goldman Note
• Negative Sentiment: Substantial insider selling by Control Empresarial De Capital: large blocks were sold this week (including 838,000 shares on Mar 11 and multiple earlier sales). The volume and frequency can create near‑term supply pressure and may be read as reduced insider conviction. SEC Form 4
• Negative Sentiment: High‑volume put buying has been reported, signaling that some traders are positioning for a pullback — this could magnify downside if margins or sentiment deteriorate. American Banking News: Options Flow

PBF Energy Stock Performance

Shares of PBF opened at $43.47 on Friday. The firm has a market cap of $5.08 billion, a price-to-earnings ratio of -29.57, a PEG ratio of 4.57 and a beta of 0.41. The company has a quick ratio of 0.51, a current ratio of 1.21 and a debt-to-equity ratio of 0.40. The business’s 50 day moving average is $34.87 and its two-hundred day moving average is $32.43. PBF Energy has a 52-week low of $13.61 and a 52-week high of $47.18.

PBF Energy (NYSE:PBF) last released 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 business had revenue of $7.14 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the company earned ($2.82) earnings per share. Analysts forecast that PBF Energy will post -1.12 EPS for the current fiscal year.

PBF Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were given a $0.275 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $1.10 annualized dividend and a dividend yield of 2.5%. PBF Energy’s dividend payout ratio (DPR) is presently -74.83%.

Insider Activity

In related news, insider Control Empresarial De Capital sold 380,000 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $43.30, for a total transaction of $16,454,000.00. Following the sale, the insider directly owned 24,746,098 shares of the company’s stock, valued at approximately $1,071,506,043.40. This represents a 1.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Paul T. Davis sold 50,000 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $44.80, for a total value of $2,240,000.00. Following the transaction, the senior vice president owned 183,426 shares in the company, valued at $8,217,484.80. This trade represents a 21.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 5,717,979 shares of company stock worth $222,327,012. 5.30% of the stock is currently owned by insiders.

Institutional Trading of PBF Energy

A number of institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada grew its position in shares of PBF Energy by 63.6% during the 1st quarter. Royal Bank of Canada now owns 30,932 shares of the oil and gas company’s stock valued at $590,000 after buying an additional 12,025 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in PBF Energy by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,723 shares of the oil and gas company’s stock worth $1,140,000 after acquiring an additional 2,609 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in PBF Energy by 4.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 261,704 shares of the oil and gas company’s stock worth $4,996,000 after acquiring an additional 12,289 shares during the last quarter. Acadian Asset Management LLC boosted its stake in PBF Energy by 261.0% in the first quarter. Acadian Asset Management LLC now owns 3,256 shares of the oil and gas company’s stock valued at $62,000 after acquiring an additional 2,354 shares during the period. Finally, Bank of Montreal Can grew its holdings in shares of PBF Energy by 5.7% during the second quarter. Bank of Montreal Can now owns 11,734 shares of the oil and gas company’s stock valued at $254,000 after purchasing an additional 629 shares during the last quarter. 96.29% of the stock is 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.