Royal London Asset Management Ltd. boosted its position in shares of Valero Energy Corporation (NYSE:VLO – Free Report) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 463,327 shares of the oil and gas company’s stock after acquiring an additional 3,252 shares during the period. Royal London Asset Management Ltd. owned 0.15% of Valero Energy worth $75,425,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. JPL Wealth Management LLC acquired a new position in shares of Valero Energy during the third quarter valued at about $27,000. Torren Management LLC acquired a new position in shares of Valero Energy during the fourth quarter valued at about $30,000. AXS Investments LLC acquired a new position in shares of Valero Energy during the fourth quarter valued at about $32,000. Bruce G. Allen Investments LLC raised its position in shares of Valero Energy by 32.9% during the fourth quarter. Bruce G. Allen Investments LLC now owns 206 shares of the oil and gas company’s stock valued at $34,000 after buying an additional 51 shares during the last quarter. Finally, Triumph Capital Management acquired a new position in shares of Valero Energy during the third quarter valued at about $35,000. Institutional investors and hedge funds own 78.69% of the company’s stock.
Key Headlines Impacting Valero Energy
Here are the key news stories impacting Valero Energy this week:
- Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for Valero, signaling improved profitability expectations for the refining business. MarketBeat Valero Energy coverage
- Positive Sentiment: Zacks added VLO to its Rank #1 (Strong Buy) growth list and highlighted it as a top-ranked momentum stock, which can reinforce bullish sentiment among traders. Best Growth Stocks to Buy for June 12th
- Positive Sentiment: Valero has also been highlighted in recent commentary for its strong Gulf Coast refining advantages, flexible feedstock sourcing, and shareholder returns, helping explain the stock’s recent outperformance. Valero Stock Surges 53.3% in Six Months: Should Investors Buy Now?
- Neutral Sentiment: Morgan Stanley raised its price target to $255 from $232 but kept an “equal weight” rating, suggesting the firm sees limited upside from current levels rather than a strong new catalyst. Benzinga report
- Neutral Sentiment: Several articles noted that VLO is one of the most searched stocks on Zacks and a name traders are watching closely, but that attention alone does not change fundamentals. Investors Heavily Search Valero Energy Corporation (VLO): Here is What You Need to Know
Valero Energy Trading Up 1.0%
Valero Energy (NYSE:VLO – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share for the quarter, beating the consensus estimate of $3.16 by $1.06. The business had revenue of $32.38 billion for the quarter, compared to analyst estimates of $31.38 billion. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. Valero Energy’s revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.89 earnings per share. On average, analysts predict that Valero Energy Corporation will post 26.83 EPS for the current year.
Valero Energy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Thursday, May 21st will be issued a $1.20 dividend. The ex-dividend date is Thursday, May 21st. This represents a $4.80 annualized dividend and a yield of 1.9%. Valero Energy’s dividend payout ratio (DPR) is 34.88%.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on VLO shares. Scotiabank upped their price objective on shares of Valero Energy from $178.00 to $226.00 and gave the company a “sector outperform” rating in a research report on Wednesday, April 22nd. Zacks Research raised shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Weiss Ratings raised shares of Valero Energy from a “hold (c)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Mizuho upped their target price on shares of Valero Energy from $222.00 to $289.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. Finally, TD Cowen upped their target price on shares of Valero Energy from $255.00 to $276.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Valero Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $245.59.
Check Out Our Latest Analysis on Valero Energy
About Valero Energy
Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.
In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.
Recommended Stories
- Five stocks we like better than Valero Energy
- MarketBeat Week in Review – 06/08 – 06/12
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
Want to see what other hedge funds are holding VLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Valero Energy Corporation (NYSE:VLO – Free Report).
Receive News & Ratings for Valero Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valero Energy and related companies with MarketBeat.com's FREE daily email newsletter.
