PBF Energy (NYSE:PBF) Insider Sells $15,157,800.00 in Stock

PBF Energy Inc. (NYSE:PBFGet Free Report) insider Control Empresarial De Capital sold 210,000 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $72.18, for a total transaction of $15,157,800.00. Following the completion of the sale, the insider owned 14,411,753 shares in the company, valued at approximately $1,040,240,331.54. This trade represents a 1.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Control Empresarial De Capital also recently made the following trade(s):

  • On Monday, August 17th, Control Empresarial De Capital sold 120,000 shares of PBF Energy stock. The stock was sold at an average price of $74.79, for a total value of $8,974,800.00.
  • On Friday, August 14th, Control Empresarial De Capital sold 6,356 shares of PBF Energy stock. The shares were sold at an average price of $74.28, for a total value of $472,123.68.
  • On Wednesday, August 12th, Control Empresarial De Capital sold 150,000 shares of PBF Energy stock. The shares were sold at an average price of $70.13, for a total value of $10,519,500.00.
  • On Tuesday, August 11th, Control Empresarial De Capital sold 220,375 shares of PBF Energy stock. The stock was sold at an average price of $68.68, for a total value of $15,135,355.00.
  • On Thursday, July 30th, Control Empresarial De Capital sold 490,000 shares of PBF Energy stock. The stock was sold at an average price of $71.26, for a total value of $34,917,400.00.
  • On Monday, July 20th, Control Empresarial De Capital sold 220,000 shares of PBF Energy stock. The shares were sold at an average price of $63.96, for a total value of $14,071,200.00.
  • On Friday, July 10th, Control Empresarial De Capital sold 100,000 shares of PBF Energy stock. The stock was sold at an average price of $54.52, for a total transaction of $5,452,000.00.
  • On Thursday, July 9th, Control Empresarial De Capital sold 270,000 shares of PBF Energy stock. The shares were sold at an average price of $53.18, for a total value of $14,358,600.00.
  • On Wednesday, July 8th, Control Empresarial De Capital sold 380,000 shares of PBF Energy stock. The shares were sold at an average price of $52.29, for a total value of $19,870,200.00.
  • On Monday, July 6th, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The stock was sold at an average price of $49.14, for a total value of $9,828,000.00.

PBF Energy Stock Down 1.7%

Shares of PBF Energy stock opened at $73.92 on Thursday. The stock has a market capitalization of $8.76 billion, a price-to-earnings ratio of 6.54, a PEG ratio of 0.09 and a beta of 0.10. PBF Energy Inc. has a twelve month low of $22.13 and a twelve month high of $75.68. The company has a current ratio of 1.33, a quick ratio of 0.67 and a debt-to-equity ratio of 0.27. The business’s 50 day simple moving average is $56.34 and its 200-day simple moving average is $46.34.

PBF Energy (NYSE:PBFGet Free Report) last released its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $6.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.15 by $2.07. PBF Energy had a return on equity of 11.27% and a net margin of 3.94%.The business had revenue of $11.68 billion during the quarter, compared to analyst estimates of $9.61 billion. During the same quarter in the previous year, the firm posted ($1.03) EPS. The business’s revenue for the quarter was up 56.2% compared to the same quarter last year. Equities research analysts forecast that PBF Energy Inc. will post 15.74 earnings per share for the current year.

PBF Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. PBF Energy’s dividend payout ratio (DPR) is 9.73%.

PBF Energy News Summary

Here are the key news stories impacting PBF Energy this week:

  • Positive Sentiment: Goldman Sachs raised its price target for PBF Energy from $71 to $81 while maintaining a neutral rating, indicating additional potential upside from recent levels. Goldman Sachs Price Target Update
  • Positive Sentiment: The company continues to benefit from strong recent fundamentals. Second-quarter earnings significantly exceeded expectations, the Martinez refinery restart was completed, and gross debt declined by more than $1 billion. Tight fuel supplies and elevated gasoline prices could also support refining margins. PBF Energy Martinez Refinery Restart
  • Neutral Sentiment: Analysts and quantitative screens continue to identify PBF Energy as a potential growth or value opportunity because of its low valuation and improving financial performance. However, the broader analyst consensus remains cautious, reflecting the cyclical nature of refining earnings. PBF Energy Growth Stock Analysis
  • Negative Sentiment: Director Thomas J. Nimbley sold 341,008 shares over August 17–19 for approximately $25.4 million, reducing his holdings by roughly 38% across the reported transactions. Control Empresarial de Capital also sold 120,000 shares for about $9.0 million and has made multiple recent sales. The scale and clustering of these transactions may signal profit-taking or raise concerns about insider confidence. PBF Energy Insider Sale Filings
  • Negative Sentiment: PBF Energy’s rapid rally has brought valuation and margin sustainability into focus. Some analysts retain sell ratings, and the consensus price target remains well below the recent trading range, suggesting investors may be concerned that peak refining margins and earnings are not durable. PBF Energy Refining Margins and Valuation

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. TD Cowen boosted their target price on shares of PBF Energy from $39.00 to $68.00 and gave the company a “hold” rating in a research note on Tuesday, July 21st. Freedom Capital lowered shares of PBF Energy from a “hold” rating to a “strong sell” rating in a research note on Friday, July 31st. The Goldman Sachs Group lifted their price target on PBF Energy from $71.00 to $81.00 and gave the company a “neutral” rating in a report on Tuesday. Morgan Stanley boosted their price objective on PBF Energy from $34.00 to $38.00 and gave the stock an “underweight” rating in a research report on Friday, June 12th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of PBF Energy in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, PBF Energy has an average rating of “Reduce” and a consensus price target of $50.92.

Read Our Latest Research Report on PBF

Institutional Trading of PBF Energy

A number of institutional investors have recently made changes to their positions in PBF. Hsbc Holdings PLC boosted its position in shares of PBF Energy by 81.7% during the 4th quarter. Hsbc Holdings PLC now owns 67,674 shares of the oil and gas company’s stock valued at $1,840,000 after purchasing an additional 30,430 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in PBF Energy by 127.9% during the fourth 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 last quarter. Brandywine Global Investment Management LLC lifted its stake in PBF Energy by 351.3% during the fourth quarter. Brandywine Global Investment Management LLC now owns 265,493 shares of the oil and gas company’s stock valued at $7,200,000 after purchasing an additional 206,666 shares during the last quarter. State of New Jersey Common Pension Fund D bought a new stake in PBF Energy during the fourth quarter worth approximately $1,485,000. Finally, Jefferies Financial Group Inc. boosted its holdings in PBF Energy by 7,210.8% during the fourth quarter. Jefferies Financial Group Inc. now owns 628,215 shares of the oil and gas company’s stock worth $17,037,000 after buying an additional 619,622 shares in the last quarter. 96.29% of the stock is owned by institutional investors and hedge funds.

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.

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Insider Buying and Selling by Quarter for PBF Energy (NYSE:PBF)

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