PBF Energy (NYSE:PBF) Stock Price Down 4.6% – Should You Sell?

Posted by Brian Himes on Aug 3rd, 2026

PBF Energy Inc. (NYSE:PBF – Get Free Report)’s stock price dropped 4.6% during trading on Monday . The company traded as low as $68.21 and last traded at $68.9320. Approximately 2,863,857 shares traded hands during trading, a decline of 15% from the average daily volume of 3,369,183 shares. The stock had previously closed at $72.28.

Wall Street Analysts Forecast Growth

PBF has been the topic of a number of research analyst reports. Mizuho upped their target price on shares of PBF Energy from $48.00 to $57.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. Evercore assumed coverage on PBF Energy in a report on Friday, July 17th. They issued an “in-line” rating and a $58.00 target price for the company. Morgan Stanley boosted their price objective on PBF Energy from $34.00 to $38.00 and gave the company an “underweight” rating in a research note on Friday, June 12th. Freedom Capital raised shares of PBF Energy to a “hold” rating in a research report on Tuesday, July 7th. Finally, Wall Street Zen raised PBF Energy from a “buy” rating to a “strong-buy” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, PBF Energy presently has a consensus rating of “Hold” and a consensus price target of $46.31.

View Our Latest Analysis on PBF

PBF Energy Stock Performance

The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.67 and a current ratio of 1.33. The company has a market cap of $8.01 billion, a PE ratio of 6.03, a price-to-earnings-growth ratio of 0.12 and a beta of 0.10. The company’s 50 day moving average price is $49.20 and its 200-day moving average price is $42.98.

PBF Energy (NYSE:PBF – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $6.22 earnings per share for the quarter, beating the consensus estimate of $4.15 by $2.07. The business had revenue of $11.68 billion during the quarter, compared to analyst estimates of $9.61 billion. PBF Energy had a return on equity of 11.27% and a net margin of 3.94%.PBF Energy’s revenue was up 56.2% compared to the same quarter last year. During the same period in the prior year, the company earned ($1.03) earnings per share. Equities research analysts anticipate that PBF Energy Inc. will post 10.94 earnings per share for the current fiscal year.

PBF Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a dividend of $0.275 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.10 annualized dividend and a yield of 1.6%. PBF Energy’s dividend payout ratio is 9.73%.

Insider Buying and Selling at PBF Energy

In other news, insider Control Empresarial De Capital sold 570,000 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $46.36, for a total value of $26,425,200.00. Following the sale, the insider owned 17,142,128 shares of the company’s stock, valued at $794,709,054.08. The trade was a 3.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold a total of 3,196,570 shares of company stock valued at $155,004,356 in the last three months. 5.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On PBF Energy

Large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. boosted its holdings in PBF Energy by 127.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock valued at $171,595,000 after purchasing an additional 3,550,820 shares during the period. Invesco Ltd. raised its position in shares of PBF Energy by 147.4% in the third quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock worth $83,639,000 after buying an additional 1,651,516 shares in the last quarter. AQR Capital Management LLC grew its position in PBF Energy by 230.7% during the second quarter. AQR Capital Management LLC now owns 2,085,060 shares of the oil and gas company’s stock worth $45,183,000 after buying an additional 1,454,500 shares in the last quarter. Norges Bank purchased a new position in PBF Energy during the fourth quarter worth about $34,243,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in PBF Energy by 2,198.8% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,212,368 shares of the oil and gas company’s stock worth $36,577,000 after acquiring an additional 1,159,628 shares during the last quarter. 96.29% of the stock is owned by institutional investors.

About PBF Energy

(Get 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.