FY2026 EPS Estimates for Valero Energy Raised by Scotiabank

Valero Energy Corporation (NYSE:VLO) – Research analysts at Scotiabank upped their FY2026 earnings per share (EPS) estimates for shares of Valero Energy in a report released on Tuesday, October 28th. Scotiabank analyst P. Cheng now expects that the oil and gas company will post earnings of $8.40 per share for the year, up from their previous estimate of $7.90. The consensus estimate for Valero Energy’s current full-year earnings is $7.92 per share.

Valero Energy (NYSE:VLO) last issued its earnings results on Thursday, October 23rd. The oil and gas company reported $3.66 EPS for the quarter, topping the consensus estimate of $3.15 by $0.51. The company had revenue of $32.17 billion for the quarter, compared to analyst estimates of $28.80 billion. Valero Energy had a net margin of 1.21% and a return on equity of 8.69%. The business’s revenue was down 2.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.14 EPS.

Several other brokerages have also commented on VLO. Citigroup lowered shares of Valero Energy from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $134.00 to $150.00 in a research report on Wednesday, July 16th. Barclays boosted their target price on shares of Valero Energy from $151.00 to $169.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. Raymond James Financial restated a “strong-buy” rating and set a $195.00 target price (up from $181.00) on shares of Valero Energy in a research report on Friday, October 24th. Bank of America upgraded shares of Valero Energy from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $152.00 to $179.00 in a research report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Valero Energy from $177.00 to $197.00 and gave the stock an “overweight” rating in a research report on Friday, October 24th. Three research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Valero Energy presently has an average rating of “Moderate Buy” and a consensus price target of $179.27.

Valero Energy Price Performance

Shares of NYSE VLO opened at $169.66 on Friday. The firm has a market capitalization of $52.70 billion, a P/E ratio of 35.42, a PEG ratio of 1.77 and a beta of 1.05. Valero Energy has a one year low of $99.00 and a one year high of $178.43. The company’s fifty day moving average is $162.06 and its two-hundred day moving average is $142.90. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.09 and a current ratio of 1.60.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Command Advisory Services Inc. lifted its holdings in Valero Energy by 11.9% in the 3rd quarter. First Command Advisory Services Inc. now owns 732 shares of the oil and gas company’s stock valued at $125,000 after purchasing an additional 78 shares in the last quarter. Compass Wealth Management LLC lifted its holdings in Valero Energy by 1,316.7% in the 3rd quarter. Compass Wealth Management LLC now owns 40,205 shares of the oil and gas company’s stock valued at $6,845,000 after purchasing an additional 37,367 shares in the last quarter. CFS Investment Advisory Services LLC purchased a new position in Valero Energy in the 3rd quarter valued at about $212,000. Purkiss Capital Advisors LLC lifted its holdings in Valero Energy by 29.2% in the 3rd quarter. Purkiss Capital Advisors LLC now owns 3,851 shares of the oil and gas company’s stock valued at $656,000 after purchasing an additional 870 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in Valero Energy by 6.7% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 52,487 shares of the oil and gas company’s stock valued at $8,940,000 after purchasing an additional 3,292 shares in the last quarter. 78.69% of the stock is currently owned by hedge funds and other institutional investors.

Valero Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, November 20th will be issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Thursday, November 20th. Valero Energy’s dividend payout ratio is 94.36%.

About Valero Energy

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.