HF Sinclair Corporation $DINO Stock Holdings Lifted by RWC Asset Management LLP

RWC Asset Management LLP lifted its holdings in HF Sinclair Corporation (NYSE:DINO) by 14.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 164,125 shares of the company’s stock after buying an additional 20,491 shares during the quarter. RWC Asset Management LLP’s holdings in HF Sinclair were worth $7,563,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of DINO. Goldman Sachs Group Inc. lifted its position in shares of HF Sinclair by 14.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 939,764 shares of the company’s stock worth $30,899,000 after buying an additional 119,832 shares during the last quarter. Focus Partners Wealth lifted its position in HF Sinclair by 71.7% in the 1st quarter. Focus Partners Wealth now owns 19,400 shares of the company’s stock valued at $638,000 after purchasing an additional 8,102 shares during the last quarter. Amundi lifted its position in HF Sinclair by 7.7% in the 2nd quarter. Amundi now owns 174,199 shares of the company’s stock valued at $7,588,000 after purchasing an additional 12,387 shares during the last quarter. Jump Financial LLC bought a new stake in HF Sinclair in the 2nd quarter valued at about $209,000. Finally, Cerity Partners LLC lifted its position in HF Sinclair by 25.7% in the 2nd quarter. Cerity Partners LLC now owns 145,047 shares of the company’s stock valued at $5,959,000 after purchasing an additional 29,635 shares during the last quarter. 88.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on DINO shares. Scotiabank lifted their price objective on shares of HF Sinclair from $53.00 to $54.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 22nd. BMO Capital Markets cut their price objective on shares of HF Sinclair from $65.00 to $60.00 and set an “outperform” rating on the stock in a research report on Monday, February 23rd. Mizuho reiterated a “neutral” rating and issued a $79.00 price objective (up from $67.00) on shares of HF Sinclair in a research report on Wednesday, May 27th. Raymond James Financial lifted their price objective on shares of HF Sinclair from $66.00 to $75.00 and gave the company a “strong-buy” rating in a research report on Wednesday, March 25th. Finally, Piper Sandler cut their price objective on shares of HF Sinclair from $67.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, February 19th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $70.82.

HF Sinclair Stock Performance

Shares of DINO opened at $71.38 on Monday. The firm’s 50 day moving average is $65.47 and its 200-day moving average is $56.85. The stock has a market capitalization of $12.87 billion, a P/E ratio of 10.73 and a beta of 0.72. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.79 and a quick ratio of 0.88. HF Sinclair Corporation has a 12-month low of $36.65 and a 12-month high of $74.72.

HF Sinclair (NYSE:DINO) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.75. The company had revenue of $7.12 billion for the quarter, compared to analysts’ expectations of $6.83 billion. HF Sinclair had a net margin of 4.46% and a return on equity of 11.94%. The business’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.27) EPS. Equities research analysts anticipate that HF Sinclair Corporation will post 8.77 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, May 11th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Monday, May 11th. HF Sinclair’s dividend payout ratio (DPR) is 30.08%.

Insider Activity

In other news, Director Manuel J. Fernandez sold 635 shares of HF Sinclair stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $73.09, for a total value of $46,412.15. Following the transaction, the director directly owned 16,543 shares of the company’s stock, valued at $1,209,127.87. This trade represents a 3.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Vivek Garg sold 717 shares of HF Sinclair stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $71.89, for a total transaction of $51,545.13. Following the completion of the transaction, the chief financial officer directly owned 11,475 shares in the company, valued at approximately $824,937.75. This trade represents a 5.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 13,736 shares of company stock valued at $954,694. 0.26% of the stock is currently owned by insiders.

HF Sinclair Profile

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.