PBF Energy Inc. $PBF Shares Purchased by Algert Global LLC

Algert Global LLC grew its holdings in PBF Energy Inc. (NYSE:PBF) by 687.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 360,277 shares of the oil and gas company’s stock after purchasing an additional 314,507 shares during the period. Algert Global LLC owned approximately 0.31% of PBF Energy worth $10,870,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Creative Planning grew its stake in shares of PBF Energy by 11.6% in the third quarter. Creative Planning now owns 103,794 shares of the oil and gas company’s stock valued at $3,131,000 after buying an additional 10,818 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of PBF Energy by 20.1% in the third quarter. AQR Capital Management LLC now owns 2,503,283 shares of the oil and gas company’s stock valued at $75,524,000 after purchasing an additional 418,223 shares in the last quarter. Man Group plc acquired a new position in shares of PBF Energy in the third quarter valued at approximately $2,972,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in 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 worth $863,000 after buying an additional 432 shares in the last quarter. Finally, Dauntless Investment Group LLC purchased a new position in PBF Energy in the 3rd quarter valued at approximately $882,000. 96.29% of the stock is currently owned by hedge funds and other institutional investors.

PBF Energy Stock Up 1.3%

PBF stock opened at $43.47 on Monday. The stock has a market cap of $5.08 billion, a P/E ratio of -29.57, a PEG ratio of 4.63 and a beta of 0.41. The company has a current ratio of 1.21, a quick ratio of 0.51 and a debt-to-equity ratio of 0.40. PBF Energy Inc. has a twelve month low of $13.61 and a twelve month high of $47.18. The company’s 50 day moving average is $34.87 and its two-hundred day moving average is $32.52.

PBF Energy (NYSE:PBF) last announced its quarterly earnings results 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. The firm had revenue of $7.14 billion for the quarter, compared to analyst estimates of $7.17 billion. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. PBF Energy’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period last year, the business earned ($2.82) EPS. Research analysts expect that PBF Energy Inc. will post -1.12 earnings per share for the current fiscal year.

PBF Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were paid a $0.275 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $1.10 dividend on an annualized basis and a yield of 2.5%. PBF Energy’s payout ratio is currently -74.83%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on PBF shares. Piper Sandler boosted 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. BMO Capital Markets reiterated a “market perform” rating and issued a $34.00 target price on shares of PBF Energy in a report on Monday, January 5th. Citigroup boosted their target price on PBF Energy from $29.00 to $36.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Zacks Research upgraded shares of PBF Energy from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 19th. Finally, Mizuho raised shares of PBF Energy from an “underperform” rating to a “neutral” rating and raised their target price for the company from $31.00 to $38.00 in a report on Friday, December 12th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, PBF Energy presently has an average rating of “Reduce” and an average target price of $31.15.

Insider Buying and Selling at PBF Energy

In other news, SVP Paul T. Davis sold 50,000 shares of PBF Energy stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $44.80, for a total value of $2,240,000.00. Following the transaction, the senior vice president directly owned 183,426 shares of the company’s stock, valued at $8,217,484.80. The trade was a 21.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Control Empresarial De Capital sold 380,000 shares of the firm’s stock in a transaction 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 transaction, the insider directly owned 24,746,098 shares in the company, valued at $1,071,506,043.40. The trade was a 1.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 5,717,979 shares of company stock worth $222,327,012. 6.70% of the stock is owned by insiders.

PBF Energy News Summary

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 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.