Empowered Funds LLC Has $1.28 Million Stake in Petroleo Brasileiro S.A.- Petrobras $PBR

Empowered Funds LLC raised its stake in shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) by 262.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 61,935 shares of the oil and gas exploration company’s stock after acquiring an additional 44,856 shares during the quarter. Empowered Funds LLC’s holdings in Petroleo Brasileiro S.A.- Petrobras were worth $1,285,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in PBR. GHP Investment Advisors Inc. bought a new stake in shares of Petroleo Brasileiro S.A.- Petrobras in the fourth quarter valued at about $26,000. Clearstead Advisors LLC grew its position in Petroleo Brasileiro S.A.- Petrobras by 273.4% during the fourth quarter. Clearstead Advisors LLC now owns 2,330 shares of the oil and gas exploration company’s stock worth $28,000 after buying an additional 1,706 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Petroleo Brasileiro S.A.- Petrobras by 74.9% during the second quarter. Geneos Wealth Management Inc. now owns 2,438 shares of the oil and gas exploration company’s stock valued at $30,000 after acquiring an additional 1,044 shares during the period. Bayforest Capital Ltd bought a new position in Petroleo Brasileiro S.A.- Petrobras during the fourth quarter valued at about $39,000. Finally, Ascentis Independent Advisors acquired a new position in Petroleo Brasileiro S.A.- Petrobras in the 1st quarter valued at approximately $51,000.

Petroleo Brasileiro S.A.- Petrobras Price Performance

Shares of Petroleo Brasileiro S.A.- Petrobras stock opened at $17.98 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.49 and a current ratio of 0.74. The firm’s 50-day simple moving average is $17.66 and its 200-day simple moving average is $18.16. Petroleo Brasileiro S.A.- Petrobras has a twelve month low of $11.43 and a twelve month high of $22.24. The firm has a market cap of $115.84 billion, a P/E ratio of 4.54, a price-to-earnings-growth ratio of 0.73 and a beta of 0.33.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) last posted its earnings results on Tuesday, March 31st. The oil and gas exploration company reported $0.96 earnings per share for the quarter. Petroleo Brasileiro S.A.- Petrobras had a net margin of 24.52% and a return on equity of 31.82%. The business had revenue of $23.54 billion for the quarter. As a group, research analysts expect that Petroleo Brasileiro S.A.- Petrobras will post 4.63 EPS for the current fiscal year.

Petroleo Brasileiro S.A.- Petrobras Dividend Announcement

The business also recently disclosed a special dividend, which will be paid on Thursday, August 27th. Shareholders of record on Wednesday, June 3rd will be issued a dividend of $0.1426 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. Petroleo Brasileiro S.A.- Petrobras’s payout ratio is presently 11.04%.

Key Headlines Impacting Petroleo Brasileiro S.A.- Petrobras

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

• Positive Sentiment: Petrobras reported second-quarter earnings of $1.72 per share, exceeding the $1.40 analyst consensus, while revenue of $33.61 billion also surpassed expectations of $31.46 billion. Net profit nearly doubled year over year, rising 96.8%, supported by stronger crude, gasoline and diesel prices. Petrobras’ net profit nearly doubles in the second quarter
• Positive Sentiment: Management highlighted historic quarterly net income and record gross profit, attributing the performance to operational efficiency, higher production and stronger cash generation. Petrobras Q2 2026 Earnings Call Highlights
• Positive Sentiment: CEO Magda Chambriard said Petrobras will “very likely” exceed its 2026 oil-production forecast, following record production in the quarter. Higher output could support revenue, cash flow and dividend capacity. Petrobras likely to exceed oil production forecast for the year
• Neutral Sentiment: The earnings call and presentation emphasized execution and production performance, but investors will likely seek more detail on the durability of profits, capital allocation and operating plans. Petrobras Q2 2026 Earnings Call Transcript
• Negative Sentiment: A significant portion of the earnings improvement was linked to an oil-price rally caused by supply disruptions connected to the U.S.-Iran conflict. Investors may view those gains as geopolitical and potentially short-lived, limiting enthusiasm for the stock despite the earnings beat. Petrobras Profit Tops Estimates on Iran War-Driven Oil Rally

Wall Street Analysts Forecast Growth

PBR has been the subject of a number of research reports. JPMorgan Chase & Co. reduced their price objective on Petroleo Brasileiro S.A.- Petrobras from $24.00 to $23.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Zacks Research cut Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 7th. Bank of America upgraded Petroleo Brasileiro S.A.- Petrobras from a “neutral” rating to a “buy” rating and upped their target price for the company from $18.70 to $24.80 in a research note on Friday, April 17th. Finally, Weiss Ratings raised Petroleo Brasileiro S.A.- Petrobras from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, May 12th. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.28.

About Petroleo Brasileiro S.A.- Petrobras

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.