Hillsdale Investment Management Inc. Takes $8.53 Million Position in PBF Energy Inc. $PBF

Posted by Brian Himes on Jul 14th, 2026

Hillsdale Investment Management Inc. acquired a new stake in PBF Energy Inc. (NYSE:PBF – Free Report) in the 1st quarter, Holdings Channel.com reports. The firm acquired 179,070 shares of the oil and gas company’s stock, valued at approximately $8,527,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Leonteq Securities AG acquired a new position in PBF Energy during the first quarter worth about $33,000. Torren Management LLC acquired a new stake in shares of PBF Energy during the 4th quarter valued at approximately $30,000. Los Angeles Capital Management LLC acquired a new stake in shares of PBF Energy during the 4th quarter valued at approximately $31,000. Smartleaf Asset Management LLC raised its position in shares of PBF Energy by 65.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,466 shares of the oil and gas company’s stock worth $38,000 after purchasing an additional 579 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in PBF Energy in the 4th quarter valued at approximately $57,000. Hedge funds and other institutional investors own 96.29% of the company’s stock.

Wall Street Analyst Weigh In

PBF has been the subject of several recent research reports. Wall Street Zen downgraded PBF Energy from a “buy” rating to a “hold” rating in a research report on Tuesday. TD Cowen upgraded PBF Energy from a “sell” rating to a “hold” rating and upped their price objective for the company from $36.00 to $39.00 in a research report on Monday, June 29th. Citigroup increased their price objective on PBF Energy from $36.00 to $43.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Freedom Capital upgraded PBF Energy to a “hold” rating in a research report on Tuesday, July 7th. Finally, Mizuho lifted their price objective on PBF Energy from $43.00 to $48.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Two analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $36.69.

Check Out Our Latest Stock Report on PBF Energy

PBF Energy Stock Performance

PBF Energy stock opened at $57.31 on Tuesday. The firm has a market capitalization of $6.78 billion, a P/E ratio of 15.45, a PEG ratio of 0.16 and a beta of 0.11. The stock has a fifty day moving average price of $43.01 and a 200 day moving average price of $39.49. PBF Energy Inc. has a 52 week low of $21.24 and a 52 week high of $58.07. The company has a current ratio of 1.31, a quick ratio of 0.62 and a debt-to-equity ratio of 0.50.

PBF Energy (NYSE:PBF – Get Free Report) last released its earnings results on Thursday, April 30th. The oil and gas company reported ($0.88) earnings per share for the quarter, missing the consensus estimate of ($0.79) by ($0.09). PBF Energy had a negative return on equity of 4.12% and a net margin of 1.46%.The business had revenue of $7.90 billion for the quarter, compared to analysts’ expectations of $7.32 billion. During the same quarter last year, the company posted ($3.53) earnings per share. The business’s quarterly revenue was up 11.9% compared to the same quarter last year. Equities research analysts anticipate that PBF Energy Inc. will post 8.26 earnings per share for the current year.

PBF Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 14th were issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Thursday, May 14th. PBF Energy’s dividend payout ratio is presently 29.65%.

Insider Activity

In related news, insider Control Empresarial De Capital sold 270,000 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $53.18, for a total value of $14,358,600.00. Following the completion of the sale, the insider directly owned 15,812,128 shares in the company, valued at approximately $840,888,967.04. The trade was a 1.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 3,441,570 shares of company stock valued at $160,335,386 over the last 90 days. 5.50% of the stock is currently owned by company insiders.

PBF Energy Profile

(Free Report)

PBF Energy, Inc is an independent petroleum refiner organized in 2008 and headquartered in Parsippany, New Jersey. The company began trading on the New York Stock Exchange in July 2012 under the ticker symbol PBF. Since its formation, PBF Energy has grown through acquisitions and operational optimization, positioning itself as a leading supplier of refined petroleum products in the United States.

The company owns and operates five refineries located along the U.S. Gulf Coast, East Coast and in the Pacific Northwest, with a combined crude oil processing capacity of approximately 900,000 barrels per day.