PBF Energy Inc. (NYSE:PBF – Get Free Report) insider Control Empresarial De Capital sold 6,356 shares of PBF Energy stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $74.28, for a total transaction of $472,123.68. Following the transaction, the insider directly owned 14,405,397 shares in the company, valued at $1,070,032,889.16. This trade represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Control Empresarial De Capital also recently made the following trade(s):
- On Thursday, August 13th, Control Empresarial De Capital sold 210,000 shares of PBF Energy stock. The shares were sold at an average price of $72.18, for a total transaction of $15,157,800.00.
- On Wednesday, August 12th, Control Empresarial De Capital sold 150,000 shares of PBF Energy stock. The stock was sold at an average price of $70.13, for a total transaction of $10,519,500.00.
- On Tuesday, August 11th, Control Empresarial De Capital sold 220,375 shares of PBF Energy stock. The shares were sold at an average price of $68.68, for a total transaction of $15,135,355.00.
- On Thursday, July 30th, Control Empresarial De Capital sold 490,000 shares of PBF Energy stock. The shares were sold at an average price of $71.26, for a total value of $34,917,400.00.
- On Monday, July 20th, Control Empresarial De Capital sold 220,000 shares of PBF Energy stock. The stock was sold at an average price of $63.96, for a total value of $14,071,200.00.
- On Friday, July 10th, Control Empresarial De Capital sold 100,000 shares of PBF Energy stock. The stock was sold at an average price of $54.52, for a total value of $5,452,000.00.
- On Thursday, July 9th, Control Empresarial De Capital sold 270,000 shares of PBF Energy stock. The shares were sold at an average price of $53.18, for a total value of $14,358,600.00.
- On Wednesday, July 8th, Control Empresarial De Capital sold 380,000 shares of PBF Energy stock. The shares were sold at an average price of $52.29, for a total value of $19,870,200.00.
- On Monday, July 6th, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The shares were sold at an average price of $49.14, for a total value of $9,828,000.00.
- On Wednesday, July 1st, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The stock was sold at an average price of $46.94, for a total value of $9,388,000.00.
PBF Energy Stock Down 0.1%
Shares of NYSE:PBF opened at $75.00 on Wednesday. The company has a market capitalization of $8.89 billion, a price-to-earnings ratio of 6.64, a PEG ratio of 0.08 and a beta of 0.10. PBF Energy Inc. has a 12-month low of $22.13 and a 12-month high of $75.68. The business has a 50-day moving average price of $55.72 and a 200 day moving average price of $46.05. The company has a current ratio of 1.33, a quick ratio of 0.67 and a debt-to-equity ratio of 0.27.
PBF Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, August 14th. PBF Energy’s dividend payout ratio is currently 9.73%.
More PBF Energy News
Here are the key news stories impacting PBF Energy this week:
- Positive Sentiment: PBF’s second-quarter results showed a substantial turnaround, with adjusted earnings of $6.22 per share versus a $1.03 loss in the year-ago period. Revenue rose 56.2% year over year to $11.68 billion, exceeding estimates. PBF Energy Gains as Investors Continue to Digest Strong Q2 Results and Favorable Refining Conditions
- Positive Sentiment: The Martinez refinery restart was completed in May, removing a major operational overhang following the 2025 fire and potentially restoring additional earnings capacity. Refining margins and tight fuel markets are also supporting the industry outlook. Why Watch PBF Energy After Its Martinez Refinery Restart?
- Positive Sentiment: PBF reduced gross debt by more than $1 billion during the quarter and declared a quarterly dividend of $0.275, strengthening the balance-sheet and shareholder-return narrative. PBF Energy Stock Information
- Positive Sentiment: Goldman Sachs raised its price target from $71 to $81 while maintaining a neutral rating. Zacks also highlighted PBF as a low price-to-sales and long-term value candidate. Goldman Sachs Price Target Update
- Neutral Sentiment: At a low earnings multiple, PBF’s valuation appears attractive if elevated refining margins persist; however, refining earnings are cyclical and can weaken quickly as fuel spreads normalize. PBF Energy Refining Margins Put Valuation In Focus
- Negative Sentiment: Insiders reported sizable sales, including transactions by the CEO, a director, an SVP and Control Empresarial totaling approximately $43.5 million. Although substantial shares remain owned, the concentration of selling may pressure sentiment. PBF Energy Insider Sale Filing
- Negative Sentiment: Some analysts remain cautious: recent published targets have generally been well below current trading levels, reflecting concerns that refining margins and unusually strong earnings may not be sustainable. PBF Energy Market Analysis
Hedge Funds Weigh In On PBF Energy
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wedge Capital Management L L P NC increased its position in shares of PBF Energy by 19.3% during the second quarter. Wedge Capital Management L L P NC now owns 43,848 shares of the oil and gas company’s stock worth $1,996,000 after acquiring an additional 7,107 shares during the period. Parallel Advisors LLC boosted its holdings in PBF Energy by 6.8% in the first quarter. Parallel Advisors LLC now owns 3,781 shares of the oil and gas company’s stock valued at $180,000 after purchasing an additional 242 shares during the period. Bull Harbor Capital LLC purchased a new position in PBF Energy in the first quarter valued at $212,000. Amundi acquired a new position in PBF Energy during the 1st quarter worth $1,574,000. Finally, EverSource Wealth Advisors LLC grew its stake in PBF Energy by 24.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,728 shares of the oil and gas company’s stock worth $225,000 after purchasing an additional 931 shares in the last quarter. Hedge funds and other institutional investors own 96.29% of the company’s stock.
Analyst Ratings Changes
Several research firms recently weighed in on PBF. TD Cowen lifted their target price on shares of PBF Energy from $39.00 to $68.00 and gave the company a “hold” rating in a report on Tuesday, July 21st. Zacks Research upgraded PBF Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Scotiabank lifted their price objective on PBF Energy from $28.00 to $34.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 22nd. Citigroup boosted their price objective on PBF Energy from $65.00 to $74.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, The Goldman Sachs Group increased their target price on PBF Energy from $71.00 to $81.00 and gave the stock a “neutral” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, PBF Energy presently has an average rating of “Reduce” and an average target price of $50.92.
Check Out Our Latest Research Report on PBF Energy
About PBF Energy
PBF Energy, Inc is an independent petroleum refiner organized in 2008 and headquartered in Parsippany, New Jersey. The company began trading on the New York Stock Exchange in July 2012 under the ticker symbol PBF. Since its formation, PBF Energy has grown through acquisitions and operational optimization, positioning itself as a leading supplier of refined petroleum products in the United States.
The company owns and operates five refineries located along the U.S. Gulf Coast, East Coast and in the Pacific Northwest, with a combined crude oil processing capacity of approximately 900,000 barrels per day.
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