Thomas Nimbley Sells 169,925 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) Director Thomas Nimbley sold 169,925 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $72.65, for a total transaction of $12,345,051.25. Following the completion of the sale, the director directly owned 793,737 shares in the company, valued at $57,664,993.05. This trade represents a 17.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

PBF Energy Price Performance

PBF Energy stock opened at $75.00 on Wednesday. PBF Energy Inc. has a 12-month low of $22.13 and a 12-month high of $75.68. The firm’s 50-day moving average is $55.72 and its two-hundred day moving average is $46.05. The stock has a market capitalization of $8.89 billion, a P/E ratio of 6.64, a P/E/G ratio of 0.08 and a beta of 0.10. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.33 and a quick ratio of 0.67.

PBF Energy (NYSE:PBF) last issued its quarterly earnings results on Thursday, July 30th. The oil and gas company reported $6.22 EPS for the quarter, topping the consensus estimate of $4.15 by $2.07. PBF Energy had a net margin of 3.94% and a return on equity of 11.27%. The firm had revenue of $11.68 billion during the quarter, compared to analyst estimates of $9.61 billion. During the same quarter in the prior year, the business posted ($1.03) earnings per share. PBF Energy’s revenue for the quarter was up 56.2% compared to the same quarter last year. Equities analysts predict that PBF Energy Inc. will post 15.74 earnings per share for the current year.

PBF Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. PBF Energy’s dividend payout ratio is currently 9.73%.

Analyst Ratings Changes

A number of brokerages have recently commented on PBF. Weiss Ratings reiterated a “sell (d-)” rating on shares of PBF Energy in a research report on Friday, August 7th. Zacks Research upgraded shares of PBF Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Evercore began coverage on PBF Energy in a report on Friday, July 17th. They set an “in-line” rating and a $58.00 price objective for the company. TD Cowen raised their price objective on shares of PBF Energy from $39.00 to $68.00 and gave the company a “hold” rating in a research report on Tuesday, July 21st. Finally, The Goldman Sachs Group upped their price objective on shares of PBF Energy from $71.00 to $81.00 and gave the stock a “neutral” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, PBF Energy has an average rating of “Reduce” and a consensus price target of $50.92.

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

Institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. lifted its holdings in PBF Energy by 127.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock worth $171,595,000 after buying an additional 3,550,820 shares in the last quarter. State Street Corp raised its holdings in shares of PBF Energy by 1.3% in the fourth quarter. State Street Corp now owns 4,854,750 shares of the oil and gas company’s stock valued at $131,661,000 after purchasing an additional 60,294 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of PBF Energy by 11.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,366,331 shares of the oil and gas company’s stock valued at $207,953,000 after acquiring an additional 454,731 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of PBF Energy by 54.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,222,433 shares of the oil and gas company’s stock worth $153,452,000 after purchasing an additional 1,137,533 shares in the last quarter. Finally, Invesco Ltd. grew its position in shares of PBF Energy by 147.4% in the 3rd quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock valued at $83,639,000 after acquiring an additional 1,651,516 shares during the period. Institutional investors own 96.29% of the company’s stock.

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.