Rothschild Investment LLC Has $935,000 Holdings in Valero Energy Corporation $VLO

Rothschild Investment LLC grew its position in Valero Energy Corporation (NYSE:VLO) by 10.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 6,959 shares of the oil and gas company’s stock after acquiring an additional 661 shares during the period. Rothschild Investment LLC’s holdings in Valero Energy were worth $935,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Hoey Investments Inc. acquired a new stake in shares of Valero Energy during the second quarter valued at about $26,000. GFG Capital LLC bought a new position in Valero Energy in the 2nd quarter valued at approximately $27,000. Hazlett Burt & Watson Inc. boosted its position in Valero Energy by 156.6% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 213 shares of the oil and gas company’s stock worth $28,000 after buying an additional 130 shares during the period. Hantz Financial Services Inc. grew its holdings in Valero Energy by 1,277.8% during the 2nd quarter. Hantz Financial Services Inc. now owns 248 shares of the oil and gas company’s stock worth $33,000 after acquiring an additional 230 shares during the last quarter. Finally, Ransom Advisory Ltd acquired a new position in Valero Energy in the 1st quarter valued at approximately $43,000. Institutional investors own 78.69% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. UBS Group reissued a “buy” rating and issued a $183.00 price objective on shares of Valero Energy in a research note on Friday, October 24th. JPMorgan Chase & Co. increased their price target on Valero Energy from $177.00 to $197.00 and gave the company an “overweight” rating in a research note on Friday, October 24th. Wells Fargo & Company lifted their price objective on Valero Energy from $216.00 to $220.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. Piper Sandler increased their target price on shares of Valero Energy from $201.00 to $223.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Mizuho raised their price target on shares of Valero Energy from $166.00 to $190.00 and gave the stock an “outperform” rating in a report on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $182.00.

Valero Energy Price Performance

Shares of VLO opened at $178.73 on Tuesday. The firm has a market cap of $54.51 billion, a PE ratio of 37.31, a price-to-earnings-growth ratio of 1.77 and a beta of 1.01. Valero Energy Corporation has a 52-week low of $99.00 and a 52-week high of $183.93. The business’s 50 day moving average price is $167.18 and its two-hundred day moving average price is $148.27. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.09 and a current ratio of 1.60.

Valero Energy (NYSE:VLO) last released its quarterly earnings data on Thursday, October 23rd. The oil and gas company reported $3.66 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.51. Valero Energy had a net margin of 1.21% and a return on equity of 8.69%. The company had revenue of $32.17 billion during the quarter, compared to analyst estimates of $28.80 billion. During the same quarter in the previous year, the business posted $1.14 EPS. Valero Energy’s revenue for the quarter was down 2.2% compared to the same quarter last year. On average, equities analysts anticipate that Valero Energy Corporation will post 7.92 EPS for the current year.

Valero Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, November 20th will be paid a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, November 20th. Valero Energy’s payout ratio is 94.36%.

Valero Energy Company Profile

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.