PBF Energy (NYSE:PBF) Director Thomas Nimbley Sells 50,000 Shares

PBF Energy Inc. (NYSE:PBF) Director Thomas Nimbley sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $50.62, for a total value of $2,531,000.00. Following the completion of the sale, the director owned 790,716 shares in the company, valued at $40,026,043.92. The trade was a 5.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

PBF Energy Price Performance

Shares of PBF opened at $45.28 on Friday. The stock has a market capitalization of $5.29 billion, a P/E ratio of -30.80, a P/E/G ratio of 0.57 and a beta of 0.25. PBF Energy Inc. has a twelve month low of $13.61 and a twelve month high of $52.18. The company has a 50 day moving average of $39.53 and a 200-day moving average of $34.37. The company has a quick ratio of 0.51, a current ratio of 1.21 and a debt-to-equity ratio of 0.40.

PBF Energy (NYSE:PBF) last announced its quarterly earnings data on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.64. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. The business had revenue of $7.14 billion for the quarter, compared to analyst estimates of $7.17 billion. During the same quarter in the previous year, the firm posted ($2.82) earnings per share. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. As a group, equities research analysts forecast that PBF Energy Inc. will post -1.12 EPS for the current fiscal year.

PBF Energy Dividend Announcement

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

Key Stories Impacting 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 kept a “market perform” rating — the new target implies about mid‑teens upside from recent levels, providing some analyst support for the shares. Article Title
• Neutral Sentiment: Zacks published a piece arguing PBF is a long‑term value stock, which may attract long‑horizon income/value investors but doesn’t introduce an immediate catalyst. Article Title
• Neutral Sentiment: A Motley Fool article lists refiners and oil firms as potential beneficiaries of supply disruptions (e.g., Strait of Hormuz scenarios); this is macro tailwind commentary rather than a company‑specific near‑term catalyst. Article Title
• Negative Sentiment: Large insider selling by major shareholder Control Empresarial De Capital: multiple Form 4s show sales of 637,000; 600,000; 200,000; and 85,000 shares across Mar. 26–31 at average prices around $50 — roughly $76.6M of disposals in that block. The holder still retains a multi‑million‑share stake, but the scale of sales is a clear negative signal to the market. SEC Filing
• Negative Sentiment: Senior executives and directors also sold shares recently: SVP Paul T. Davis sold 50,000 shares (avg ~$51.48), SVP James E. Fedena sold ~96k shares across two trades (~$49.60–$51.66), and Director Thomas Nimbley sold 50,000 shares (~$50.62). Combined insider disposals across these filings amount to roughly $9.9M — adding to negative investor perception. SEC Filing (example)

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. BMO Capital Markets lifted their target price on PBF Energy from $43.00 to $50.00 and gave the company a “market perform” rating in a research report on Thursday. Piper Sandler increased their price target on PBF Energy from $41.00 to $42.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Mizuho raised their price target on PBF Energy from $38.00 to $45.00 and gave the company 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. Finally, Scotiabank upgraded PBF Energy to a “hold” rating in a research note on Friday, March 27th. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, PBF Energy has a consensus rating of “Reduce” and an average target price of $32.92.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Smartleaf Asset Management LLC raised its holdings in shares of PBF Energy by 197.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 887 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 589 shares during the period. Torren Management LLC bought a new position in PBF Energy during the fourth quarter worth about $30,000. Deseret Mutual Benefit Administrators grew its holdings in PBF Energy by 62.3% during the third quarter. Deseret Mutual Benefit Administrators now owns 1,146 shares of the oil and gas company’s stock worth $35,000 after purchasing an additional 440 shares during the period. Los Angeles Capital Management LLC acquired a new position in PBF Energy during the fourth quarter worth approximately $31,000. Finally, Hantz Financial Services Inc. raised its stake in PBF Energy by 235.7% in the third quarter. Hantz Financial Services Inc. now owns 1,299 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 912 shares during the period. 96.29% of the stock is currently owned by institutional investors and hedge funds.

About PBF Energy

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.