Oxbow Advisors LLC Raises Position in Petroleo Brasileiro S.A.- Petrobras $PBR

Posted by Brenda Bartman on Jul 4th, 2026

Oxbow Advisors LLC grew its holdings in shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR – Free Report) by 7.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 450,479 shares of the oil and gas exploration company’s stock after acquiring an additional 32,343 shares during the period. Petroleo Brasileiro S.A.- Petrobras comprises approximately 0.8% of Oxbow Advisors LLC’s holdings, making the stock its 28th largest position. Oxbow Advisors LLC’s holdings in Petroleo Brasileiro S.A.- Petrobras were worth $9,347,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Petroleo Brasileiro S.A.- Petrobras by 55.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,852 shares of the oil and gas exploration company’s stock worth $471,000 after purchasing an additional 11,680 shares during the period. Focus Partners Wealth lifted its position in Petroleo Brasileiro S.A.- Petrobras by 7.0% during the first quarter. Focus Partners Wealth now owns 20,631 shares of the oil and gas exploration company’s stock valued at $296,000 after purchasing an additional 1,356 shares in the last quarter. Cresset Asset Management LLC grew its holdings in Petroleo Brasileiro S.A.- Petrobras by 55.9% during the second quarter. Cresset Asset Management LLC now owns 15,683 shares of the oil and gas exploration company’s stock valued at $201,000 after purchasing an additional 5,624 shares during the period. NewEdge Advisors LLC grew its holdings in Petroleo Brasileiro S.A.- Petrobras by 797.8% during the second quarter. NewEdge Advisors LLC now owns 18,792 shares of the oil and gas exploration company’s stock valued at $235,000 after purchasing an additional 16,699 shares during the period. Finally, Quantinno Capital Management LP grew its holdings in Petroleo Brasileiro S.A.- Petrobras by 35.0% during the second quarter. Quantinno Capital Management LP now owns 53,897 shares of the oil and gas exploration company’s stock valued at $674,000 after purchasing an additional 13,988 shares during the period.

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

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

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. Petroleo Brasileiro S.A.- Petrobras had a return on equity of 23.65% and a net margin of 21.67%.The business had revenue of $23.54 billion for the quarter. On average, sell-side analysts anticipate that Petroleo Brasileiro S.A.- Petrobras will post 4.72 earnings per share for the current fiscal year.

Petroleo Brasileiro S.A.- Petrobras Dividend Announcement

The firm also recently announced a special dividend, which will be paid on Thursday, August 27th. Investors of record on Wednesday, June 3rd will be given a dividend of $0.1426 per share. The ex-dividend date is Wednesday, June 3rd. Petroleo Brasileiro S.A.- Petrobras’s dividend payout ratio (DPR) is currently 11.04%.

Analysts Set New Price Targets

PBR has been the subject of a number of analyst reports. Zacks Research cut Petroleo Brasileiro S.A.- Petrobras from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 28th. Weiss Ratings raised Petroleo Brasileiro S.A.- Petrobras from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, May 12th. Jefferies Financial Group downgraded Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating and cut their price objective for the company from $20.30 to $19.00 in a research note on Friday, March 13th. JPMorgan Chase & Co. reduced their target price on shares of Petroleo Brasileiro S.A.- Petrobras from $24.00 to $23.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. Finally, Bank of America upgraded shares of Petroleo Brasileiro S.A.- Petrobras from a “neutral” rating to a “buy” rating and raised their target price for the stock from $18.70 to $24.80 in a research note on Friday, April 17th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $19.28.

Get Our Latest Stock Analysis on Petroleo Brasileiro S.A.- Petrobras

About Petroleo Brasileiro S.A.- Petrobras

(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.