Moran Wealth Management LLC Boosts Holdings in Petroleo Brasileiro S.A.- Petrobras $PBR

Posted by Geri Gentry on Jul 4th, 2026

Moran Wealth Management LLC raised its holdings in Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR – Free Report) by 30.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 699,465 shares of the oil and gas exploration company’s stock after buying an additional 164,421 shares during the quarter. Moran Wealth Management LLC’s holdings in Petroleo Brasileiro S.A.- Petrobras were worth $14,514,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Baer Investment Advisory LLC purchased a new position in shares of Petroleo Brasileiro S.A.- Petrobras during the 1st quarter worth about $437,000. Canal Capital Management LLC acquired a new stake in shares of Petroleo Brasileiro S.A.- Petrobras in the first quarter worth approximately $208,000. Elevation Point Wealth Partners LLC purchased a new stake in Petroleo Brasileiro S.A.- Petrobras in the first quarter valued at approximately $472,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. grew its holdings in Petroleo Brasileiro S.A.- Petrobras by 95.5% in the first quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 552,365 shares of the oil and gas exploration company’s stock valued at $11,462,000 after purchasing an additional 269,803 shares during the period. Finally, Keybank National Association OH acquired a new position in Petroleo Brasileiro S.A.- Petrobras during the first quarter worth approximately $337,000.

Petroleo Brasileiro S.A.- Petrobras Stock Down 0.0%

Shares of NYSE:PBR opened at $16.11 on Friday. The stock has a 50-day simple moving average of $18.79 and a 200-day simple moving average of $17.07. The stock has a market capitalization of $103.79 billion, a P/E ratio of 5.23, a PEG ratio of 0.64 and a beta of 0.33. Petroleo Brasileiro S.A.- Petrobras has a 1 year low of $11.43 and a 1 year high of $22.24. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.49 and a current ratio of 0.74.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR – Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The oil and gas exploration company reported $0.96 EPS for the quarter. The firm had revenue of $23.54 billion for the quarter. Petroleo Brasileiro S.A.- Petrobras had a net margin of 21.67% and a return on equity of 23.65%. Equities analysts forecast that Petroleo Brasileiro S.A.- Petrobras will post 4.72 earnings per share for the current year.

Petroleo Brasileiro S.A.- Petrobras Dividend Announcement

The firm also recently disclosed a special dividend, which will be paid on Thursday, August 27th. Stockholders of record on Wednesday, June 3rd will be given a $0.1426 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. Petroleo Brasileiro S.A.- Petrobras’s dividend payout ratio is presently 11.04%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Zacks Research downgraded shares of Petroleo Brasileiro S.A.- Petrobras from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Weiss Ratings raised shares of Petroleo Brasileiro S.A.- Petrobras from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, May 12th. Wall Street Zen upgraded Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a report on Sunday, March 22nd. Bank of America raised Petroleo Brasileiro S.A.- Petrobras from a “neutral” rating to a “buy” rating and increased their target price for the stock from $18.70 to $24.80 in a research report on Friday, April 17th. Finally, Jefferies Financial Group cut Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating and reduced their target price for the company from $20.30 to $19.00 in a report on Friday, March 13th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.28.

Read Our Latest Stock Report on PBR

Petroleo Brasileiro S.A.- Petrobras Profile

(Free Report)

Petróleo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil’s energy sector and is a listed public company with global capital market presence.

Petrobras’s core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil’s coast.