12,424 Shares in Valero Energy Corporation $VLO Purchased by Havemeyer Place LP

Havemeyer Place LP bought a new position in shares of Valero Energy Corporation (NYSE:VLO) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,424 shares of the oil and gas company’s stock, valued at approximately $2,023,000.

A number of other hedge funds have also recently bought and sold shares of VLO. JPL Wealth Management LLC acquired a new position in Valero Energy during the third quarter worth about $27,000. Torren Management LLC acquired a new position in Valero Energy during the fourth quarter worth about $30,000. AXS Investments LLC acquired a new position in Valero Energy during the fourth quarter worth about $32,000. Bruce G. Allen Investments LLC grew its holdings in 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 worth $34,000 after acquiring an additional 51 shares during the period. Finally, Triumph Capital Management acquired a new position in Valero Energy during the third quarter worth about $35,000. 78.69% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Valero Energy news, SVP Eric A. Fisher sold 400 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $238.60, for a total transaction of $95,440.00. The sale 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.

Analysts Set New Price Targets

A number of research analysts recently issued reports on VLO shares. Citigroup lifted their target price on Valero Energy from $246.00 to $259.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. TD Cowen lifted their price target on Valero Energy from $255.00 to $276.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. The Goldman Sachs Group lifted their price target on Valero Energy from $203.00 to $237.00 and gave the stock a “buy” rating in a research note on Thursday, March 12th. Raymond James Financial lifted their price target on Valero Energy from $215.00 to $290.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, March 25th. Finally, Wells Fargo & Company lifted their price target on Valero Energy from $220.00 to $292.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 31st. Two 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 issued a Sell rating to the stock. According to data from MarketBeat.com, Valero Energy has a consensus rating of “Moderate Buy” and a consensus price target of $243.65.

Valero Energy Trading Down 1.1%

Shares of VLO opened at $256.03 on Friday. Valero Energy Corporation has a 1-year low of $127.83 and a 1-year high of $265.61. The stock has a market capitalization of $76.02 billion, a P/E ratio of 18.61, a P/E/G ratio of 0.38 and a beta of 0.55. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 0.39. The business’s 50-day moving average price is $244.66 and its 200 day moving average price is $209.79.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, April 30th. The oil and gas company reported $4.22 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $1.06. Valero Energy had a return on equity of 15.94% and a net margin of 3.37%.The firm had revenue of $32.38 billion during the quarter, compared to analyst estimates of $31.38 billion. During the same period last year, the company posted $0.89 EPS. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. Analysts expect that Valero Energy Corporation will post 26.51 earnings per share for the current year.

Valero Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Thursday, May 21st will be given a dividend of $1.20 per share. The ex-dividend date is Thursday, May 21st. This represents a $4.80 dividend on an annualized basis and a yield of 1.9%. Valero Energy’s dividend payout ratio (DPR) is presently 34.88%.

Valero Energy News Summary

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

• Positive Sentiment: Zacks highlighted Valero as one of the best low-beta stocks to buy right away, pointing to recent gains, solid trading volume, and the appeal of defensive energy exposure amid market volatility. Article Title
• Positive Sentiment: Another Zacks note said cleaner transportation fuels are powering Valero’s growth, citing expansion in renewable diesel, sustainable aviation fuel, and ethanol as longer-term cash flow drivers. Article Title
• Positive Sentiment: Valero was also featured as a strong value and growth name, with Zacks assigning it favorable rankings that may reinforce investor confidence in the stock’s earnings and valuation profile. Article Title
• Positive Sentiment: Valero’s refining strength was emphasized again in a Zacks article arguing that high oil prices should not fully derail margins because of tight global refining capacity and low fuel inventories. Article Title
• Positive Sentiment: Multiple headlines noted that Valero recently hit a 52-week high and has outperformed the Nasdaq over the past year, suggesting strong momentum and supportive fundamentals. Article Title
• Neutral Sentiment: One article discussed whether VLO’s run can continue after reaching a 52-week high, but it mainly framed the question around existing fundamentals rather than delivering a clear new catalyst. Article Title
• Negative Sentiment: A Yahoo Finance piece flagged possible bearish signals from insider stock sales over the past year, which could temper enthusiasm if investors focus on governance or insider sentiment. Article Title
• Negative Sentiment: Seeking Alpha argued Valero may be a great business but at the wrong price, implying valuation could be a headwind after the stock’s strong run. Article Title

Valero Energy Company Profile

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.