Capital International Inc. CA lifted its holdings in Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR – Free Report) by 9.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 967,888 shares of the oil and gas exploration company’s stock after purchasing an additional 80,262 shares during the quarter. Capital International Inc. CA’s holdings in Petroleo Brasileiro S.A.- Petrobras were worth $12,253,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. Financial Gravity Companies Inc. bought a new position in Petroleo Brasileiro S.A.- Petrobras in the second quarter valued at $26,000. Geneos Wealth Management Inc. lifted its position in Petroleo Brasileiro S.A.- Petrobras by 74.9% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,438 shares of the oil and gas exploration company’s stock worth $30,000 after buying an additional 1,044 shares in the last quarter. New Millennium Group LLC bought a new stake in Petroleo Brasileiro S.A.- Petrobras during the 3rd quarter worth about $59,000. Activest Wealth Management boosted its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 78.5% during the 3rd quarter. Activest Wealth Management now owns 6,864 shares of the oil and gas exploration company’s stock worth $87,000 after buying an additional 3,018 shares during the last quarter. Finally, Westfuller Advisors LLC bought a new position in shares of Petroleo Brasileiro S.A.- Petrobras in the 3rd quarter valued at about $90,000.
Key Stories Impacting Petroleo Brasileiro S.A.- Petrobras
Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:
- Positive Sentiment: Q4 results beat estimates — higher oil & gas output and stronger downstream performance helped offset lower crude prices, supporting near-term earnings visibility. Petrobras Q4 Earnings Beat as Output Growth Offsets Oil Drop
- Positive Sentiment: Special dividend announced (record date Apr 24; pay date May 28) — a cash return that can attract income-focused investors and supports shareholder returns.
- Positive Sentiment: Faster ramp-up at Buzios field — accelerated platform ramp-ups should lift production growth and cash flow over coming quarters. Petrobras Speeds Up Buzios Output With Faster Platform Ramp-Up
- Positive Sentiment: Import routes remain secure after Saudi diversion via Red Sea pipeline — Petrobras’ CEO says Middle East supply commitments remain intact, reducing geopolitical supply risk for its refineries. A Saudi Pipeline Diverts Some Oil to Bypass Strait of Hormuz
- Positive Sentiment: Analyst/upgrades coverage — recent analysis frames Petrobras as closely tracking Brent with improving ratings, which can support re-rating if commodity trends stay favorable. Petrobras: Direct Proxy To Brent, But With Additional Variables (Rating Upgrade)
- Neutral Sentiment: Petrobras plans an auction to sell 20 million liters of diesel in Rio Grande do Sul to address reported shortages — a liquidity/operational response that may ease local tightness but highlights short-term distribution frictions. Brazil’s Petrobras to auction 20 million liters of diesel amid shortage reports, sources say
- Neutral Sentiment: Brazilian competition authority approved a large private deal (Braskem stake transfer) — indirect sector news; limited direct impact on Petrobras but may affect broader local industrial demand dynamics. CADE approves IG4’s acquisition of controlling stake in Braskem
- Negative Sentiment: Petrobras has been rejecting extra diesel orders and limiting sales because domestic diesel prices are trading at a deep discount to global levels — this raises short-term supply risks for agriculture during harvest season and signals domestic pricing/political tensions that can pressure regional margins. Petrobras rejects extra diesel orders as prices in Brazil lag global market
Petroleo Brasileiro S.A.- Petrobras Stock Performance
Petroleo Brasileiro S.A.- Petrobras Dividend Announcement
The business also recently declared a special dividend, which will be paid on Thursday, May 28th. Shareholders of record on Friday, April 24th will be issued 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 currently 13.16%.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on the company. The Goldman Sachs Group raised their price target on Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. UBS Group upped their price objective on Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Wall Street Zen raised Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a research note on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $14.97.
Read Our Latest Stock Analysis on PBR
Petroleo Brasileiro S.A.- Petrobras Company Profile
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.
See Also
- Five stocks we like better than Petroleo Brasileiro S.A.- Petrobras
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Want to see what other hedge funds are holding PBR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR – Free Report).
Receive News & Ratings for Petroleo Brasileiro S.A.- Petrobras Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petroleo Brasileiro S.A.- Petrobras and related companies with MarketBeat.com's FREE daily email newsletter.
