Adell Harriman & Carpenter Inc. Sells 2,183 Shares of Valero Energy Corporation $VLO

Adell Harriman & Carpenter Inc. decreased its position in Valero Energy Corporation (NYSE:VLO) by 2.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,822 shares of the oil and gas company’s stock after selling 2,183 shares during the period. Valero Energy comprises approximately 1.3% of Adell Harriman & Carpenter Inc.’s holdings, making the stock its 25th largest holding. Adell Harriman & Carpenter Inc.’s holdings in Valero Energy were worth $21,452,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Whipplewood Advisors LLC lifted its position in Valero Energy by 3,400.0% in the first quarter. Whipplewood Advisors LLC now owns 105 shares of the oil and gas company’s stock worth $26,000 after purchasing an additional 102 shares during the period. JPL Wealth Management LLC acquired a new stake in Valero Energy during the third quarter worth $27,000. Financial Life Planners bought a new stake in Valero Energy in the 1st quarter valued at $28,000. Valued Wealth Advisors LLC raised its stake in shares of Valero Energy by 134.0% in the 1st quarter. Valued Wealth Advisors LLC now owns 117 shares of the oil and gas company’s stock valued at $29,000 after buying an additional 67 shares in the last quarter. Finally, Torren Management LLC acquired a new position in shares of Valero Energy in the 4th quarter valued at $30,000. Institutional investors own 78.69% of the company’s stock.

Trending Headlines about Valero Energy

Here are the key news stories impacting Valero Energy this week:

• Positive Sentiment: Citigroup raised its price target on Valero Energy to $302 from $259, while Raymond James lifted its target to $340 and reiterated a strong-buy view, signaling continued analyst confidence in the stock’s outlook.
• Positive Sentiment: Valero saw unusually large call option buying, with 13,172 contracts traded versus an average of 8,412, suggesting traders are positioning for further upside.
• Positive Sentiment: Articles citing renewed Middle East tensions and disruptions around the Strait of Hormuz point to higher gasoline and refined-product prices, which can support Valero’s refining margins and earnings.
• Positive Sentiment: Recent coverage also highlighted Valero’s strong stock performance over the past year and year to date, reinforcing momentum-driven interest from investors.
• Neutral Sentiment: Valero was mentioned in broader market commentary about energy stocks benefiting from higher U.S. gas prices, but this was not a company-specific development.
• Neutral Sentiment: A Zacks note said Valero has outperformed the market recently, but it was more of a performance recap than a new fundamental catalyst.

Valero Energy Price Performance

Shares of Valero Energy stock opened at $300.26 on Wednesday. The stock has a market capitalization of $89.16 billion, a price-to-earnings ratio of 21.82, a P/E/G ratio of 0.37 and a beta of 0.55. The firm’s 50-day moving average price is $255.16 and its two-hundred day moving average price is $226.88. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 0.39. Valero Energy Corporation has a 1-year low of $130.78 and a 1-year high of $301.43.

Valero Energy (NYSE:VLO) last posted its earnings results on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $1.06. The company had revenue of $32.38 billion during the quarter, compared to analysts’ expectations of $31.38 billion. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. Valero Energy’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 earnings per share. On average, equities analysts predict that Valero Energy Corporation will post 31.04 earnings per share for the current fiscal year.

Valero Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, May 21st were given a $1.20 dividend. The ex-dividend date was Thursday, May 21st. This represents a $4.80 annualized dividend and a yield of 1.6%. Valero Energy’s payout ratio is presently 34.88%.

Insider Transactions at Valero Energy

In other Valero Energy news, SVP Eric A. Fisher sold 7,500 shares of the business’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $268.17, for a total value of $2,011,275.00. Following the transaction, the senior vice president owned 19,742 shares of the company’s stock, valued at approximately $5,294,212.14. The trade was a 27.53% 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 this hyperlink. Insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

VLO has been the topic of several recent research reports. Scotiabank lifted their target price 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. Mizuho increased their price target on shares of Valero Energy from $222.00 to $289.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Wolfe Research restated an “underperform” rating and set a $203.00 price target on shares of Valero Energy in a research note on Tuesday, April 21st. Weiss Ratings downgraded Valero Energy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, July 8th. Finally, Morgan Stanley upped their price objective on Valero Energy from $232.00 to $255.00 and gave the company an “equal weight” rating in a research note on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Valero Energy has a consensus rating of “Moderate Buy” and a consensus target price of $253.06.

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.