Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) Upgraded at Zacks Research

Zacks Research upgraded shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) from a hold rating to a strong-buy rating in a report released on Tuesday morning,Zacks.com reports.

Several other research analysts have also commented on the stock. Jefferies Financial Group lowered shares of Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating and cut their price target for the company from $20.30 to $19.00 in a report on Friday, March 13th. The Goldman Sachs Group increased their price objective on shares of Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. UBS Group raised their target price on shares of Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Weiss Ratings restated a “hold (c-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a report on Monday, December 29th. Finally, Wall Street Zen upgraded Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a report on Sunday, March 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $16.20.

Petroleo Brasileiro S.A.- Petrobras Price Performance

Shares of Petroleo Brasileiro S.A.- Petrobras stock opened at $20.50 on Tuesday. The business’s fifty day moving average price is $17.18 and its 200 day moving average price is $14.01. Petroleo Brasileiro S.A.- Petrobras has a twelve month low of $11.03 and a twelve month high of $21.40. The company has a current ratio of 0.71, a quick ratio of 0.48 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $132.14 billion, a P/E ratio of 6.74, a PEG ratio of 0.18 and a beta of 0.37.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) last released its quarterly earnings data on Sunday, February 15th. The oil and gas exploration company reported $0.45 EPS for the quarter. The company had revenue of $23.61 billion for the quarter. Petroleo Brasileiro S.A.- Petrobras had a return on equity of 24.26% and a net margin of 22.01%. As a group, research analysts anticipate that Petroleo Brasileiro S.A.- Petrobras will post 2.14 earnings per share for the current year.

Petroleo Brasileiro S.A.- Petrobras Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Thursday, May 28th. Shareholders of record on Friday, April 24th will be given a $0.1191 dividend. The ex-dividend date of this dividend is Friday, April 24th. Petroleo Brasileiro S.A.- Petrobras’s dividend payout ratio is presently 11.51%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Capital International Investors increased its holdings in Petroleo Brasileiro S.A.- Petrobras by 51.6% during the 4th quarter. Capital International Investors now owns 30,637,308 shares of the oil and gas exploration company’s stock worth $363,052,000 after purchasing an additional 10,425,563 shares during the last quarter. ARGA Investment Management LP boosted its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 0.9% during the 4th quarter. ARGA Investment Management LP now owns 18,975,177 shares of the oil and gas exploration company’s stock valued at $224,856,000 after buying an additional 166,472 shares during the last quarter. Mondrian Investment Partners LTD grew its position in shares of Petroleo Brasileiro S.A.- Petrobras by 14.1% during the fourth quarter. Mondrian Investment Partners LTD now owns 12,655,094 shares of the oil and gas exploration company’s stock worth $149,963,000 after buying an additional 1,562,473 shares in the last quarter. Earnest Partners LLC increased its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 9.5% in the fourth quarter. Earnest Partners LLC now owns 5,335,330 shares of the oil and gas exploration company’s stock worth $63,224,000 after buying an additional 462,889 shares during the last quarter. Finally, Perpetual Ltd increased its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 0.5% in the fourth quarter. Perpetual Ltd now owns 3,313,257 shares of the oil and gas exploration company’s stock worth $39,262,000 after buying an additional 18,100 shares during the last quarter.

Trending Headlines about Petroleo Brasileiro S.A.- Petrobras

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

• Positive Sentiment: Zacks upgraded PBR to a “Strong Buy,” reinforcing momentum and encouraging short‑term buying interest from retail and quant strategies. Zacks Upgrade
• Positive Sentiment: Multiple broker reports and an average brokerage recommendation of “Buy” are bolstering demand for the shares as investors chase earnings and dividend potential. Brokers Suggest Investing (Yahoo)
• Positive Sentiment: Petrobras raised jet fuel prices by roughly 55%, a move that should lift near‑term refining margins and top‑line revenue as global oil prices climb. That helps earnings outlook if sustained. Petrobras raises jet fuel prices (Reuters)
• Positive Sentiment: Company reported a new “high‑quality” offshore oil discovery, which supports longer‑term production and reserve upside for investors looking beyond immediate macro swings. High-quality oil discovery (Yahoo)
• Neutral Sentiment: Petrobras awarded Fugro geotechnical work for Brazil’s first licensed offshore wind pilot — a strategic diversification signal but small near‑term earnings impact relative to oil & gas. Fugro wind contract (Zacks)
• Neutral Sentiment: Regional analysis shows rising fuel prices across South America from geopolitical shocks — supportive for Petrobras’ top line but uneven across countries and politically sensitive. Regional fuel-price analysis (Reuters/Yahoo)
• Negative Sentiment: Brazil’s energy regulator ANP opened an inspection into Petrobras’ LPG auctions on suspicion of price gouging — a direct regulatory risk that could lead to fines, auction reversals or tighter oversight. ANP probe (Reuters)
• Negative Sentiment: President Lula said the government will seek to annul the LPG auction, raising political risk of government intervention, reputational damage and potential revenue reversals for Petrobras. This escalates the regulatory issue into a political one. Lula seeks annulment (Reuters)

About Petroleo Brasileiro S.A.- Petrobras

Petróleo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil’s energy sector and is a listed public company with global capital market presence.

Petrobras’s core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil’s coast.