BMO Capital Markets Forecasts Strong Price Appreciation for PBF Energy (NYSE:PBF) Stock

PBF Energy (NYSE:PBF) had its target price upped by investment analysts at BMO Capital Markets from $43.00 to $50.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “market perform” rating on the oil and gas company’s stock. BMO Capital Markets’ target price indicates a potential upside of 10.42% from the stock’s current price.

Several other equities analysts have also issued reports on PBF. Weiss Ratings reissued a “sell (d)” rating on shares of PBF Energy in a report on Monday, December 29th. Mizuho upped their target price on PBF Energy from $38.00 to $45.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Scotiabank raised PBF Energy to a “hold” rating in a research report on Friday, March 27th. Wolfe Research downgraded PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price target on the stock. in a report on Monday, December 8th. Finally, Piper Sandler boosted their price target on PBF Energy from $41.00 to $42.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, PBF Energy has an average rating of “Reduce” and an average target price of $32.92.

PBF Energy Stock Down 0.2%

NYSE:PBF opened at $45.28 on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.51. PBF Energy has a 1-year low of $13.61 and a 1-year high of $52.18. The company has a 50-day moving average of $39.77 and a 200 day moving average of $34.49. The firm has a market cap of $5.29 billion, a PE ratio of -30.80, a price-to-earnings-growth ratio of 0.56 and a beta of 0.25.

PBF Energy (NYSE:PBF) last posted its earnings results on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, beating 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 the consensus estimate of $7.17 billion. During the same quarter last year, the firm posted ($2.82) EPS. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. As a group, research analysts anticipate that PBF Energy will post -1.12 EPS for the current fiscal year.

Insider Activity

In other PBF Energy news, SVP Paul T. Davis sold 50,000 shares of PBF Energy stock in a transaction on Friday, March 27th. The shares were sold at an average price of $51.48, for a total value of $2,574,000.00. Following the transaction, the senior vice president directly owned 183,426 shares of the company’s stock, valued at approximately $9,442,770.48. The trade was a 21.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas J. Nimbley sold 50,000 shares of the company’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $50.62, for a total value of $2,531,000.00. Following the transaction, the director directly owned 790,716 shares in the company, valued at approximately $40,026,043.92. The trade was a 5.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,316,825 shares of company stock valued at $492,838,557 in the last ninety days. 5.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On PBF Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PBF. Smartleaf Asset Management LLC increased its holdings in shares of PBF Energy by 197.7% during the third quarter. Smartleaf Asset Management LLC now owns 887 shares of the oil and gas company’s stock valued at $27,000 after acquiring an additional 589 shares in the last quarter. Torren Management LLC acquired a new stake in PBF Energy in the 4th quarter worth approximately $30,000. Los Angeles Capital Management LLC purchased a new stake in PBF Energy during the 4th quarter worth approximately $31,000. Deseret Mutual Benefit Administrators grew its position in PBF Energy by 62.3% during the 3rd 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 last quarter. Finally, Hantz Financial Services Inc. increased its stake in PBF Energy by 235.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,299 shares of the oil and gas company’s stock valued at $39,000 after purchasing an additional 912 shares in the last quarter. 96.29% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about 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 maintained a market‑perform view, giving the stock fresh analyst support and an implied upside to current levels. BMO PT Raise
• Positive Sentiment: PBF continues to pay a quarterly dividend ($0.275; annualized $1.10, ~2.4% yield) — a steady income cue that can attract income/value buyers, especially alongside refinery cash flows. Dividend / Marketbeat
• Neutral Sentiment: Macro commentary: refinery/oil names including PBF are highlighted as beneficiaries if geopolitical risk (e.g., Strait of Hormuz disruptions) tightens crude markets — a potential tailwind but not a company‑specific catalyst. USAToday Hormuz
• Neutral Sentiment: Several bullish value takes (Zacks, MSN summaries) frame PBF as a long‑term value/refining play; these may attract longer‑horizon investors but lack an immediate trading catalyst. Zacks Value Piece
• Negative Sentiment: Large, concentrated selling by major shareholder Control Empresarial De Capital: multiple Form 4 filings show combined disposals across Mar. 26–31 totaling several million shares (hundreds of millions in proceeds). The scale of these block sales increases supply pressure and is a clear negative signal. Control Empresarial Form 4
• Negative Sentiment: Multiple insider sales from senior executives and a director (Paul T. Davis, James Fedena, Thomas Nimbley) in late‑March represent meaningful reductions in insider positions and add to near‑term negative market psychology. Insider Trades Alert
• Negative Sentiment: Analyst consensus remains mixed/weak (MarketBeat shows a “Reduce” tilt and an average target below current levels), limiting conviction for buyers despite individual raises. Marketbeat Consensus

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.