Valero Energy Corporation $VLO Shares Bought by Sumitomo Mitsui Trust Group Inc.

Posted by Brian Himes on Nov 1st, 2026

Sumitomo Mitsui Trust Group Inc. grew its holdings in Valero Energy Corporation (NYSE:VLO – Free Report) by 3.2% during the third quarter, Holdings Channel.com reports. The firm owned 659,424 shares of the oil and gas company’s stock after acquiring an additional 20,309 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Valero Energy were worth $255,599,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Valero Energy in the third quarter valued at about $31,441,000. Vise Technologies Inc. lifted its position in Valero Energy by 36.0% during the 3rd quarter. Vise Technologies Inc. now owns 17,247 shares of the oil and gas company’s stock worth $6,685,000 after buying an additional 4,563 shares in the last quarter. Unison Advisors LLC grew its holdings in Valero Energy by 0.4% during the 3rd quarter. Unison Advisors LLC now owns 15,985 shares of the oil and gas company’s stock worth $6,196,000 after acquiring an additional 67 shares during the last quarter. Moss Adams Wealth Advisors LLC grew its holdings in Valero Energy by 21.7% during the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 1,111 shares of the oil and gas company’s stock worth $431,000 after acquiring an additional 198 shares during the last quarter. Finally, MGO One Seven LLC grew its holdings in Valero Energy by 3.4% during the 3rd quarter. MGO One Seven LLC now owns 26,492 shares of the oil and gas company’s stock worth $10,269,000 after acquiring an additional 866 shares during the last quarter. Institutional investors own 78.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on VLO shares. Weiss Ratings upgraded shares of Valero Energy from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday. Barclays upped their target price on shares of Valero Energy from $441.00 to $443.00 and gave the stock an “overweight” rating in a research report on Friday, October 23rd. Zacks Research upgraded shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 4th. Mizuho increased their price target on shares of Valero Energy from $300.00 to $434.00 and gave the company a “neutral” rating in a research note on Thursday, October 8th. Finally, The Goldman Sachs Group raised their price target on shares of Valero Energy from $365.00 to $457.00 and gave the company a “buy” rating in a report on Wednesday, September 23rd. Three research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $379.94.

View Our Latest Report on VLO

Valero Energy Trading Up 4.0%

VLO stock opened at $400.04 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.72 and a debt-to-equity ratio of 0.32. Valero Energy Corporation has a twelve month low of $159.90 and a twelve month high of $461.52. The company has a market cap of $115.18 billion, a P/E ratio of 9.00, a PEG ratio of 0.21 and a beta of 0.59. The business has a fifty day moving average of $397.64 and a 200-day moving average of $285.06.

Valero Energy (NYSE:VLO – Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The oil and gas company reported $23.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $21.17 by $2.73. The business had revenue of $46.10 billion for the quarter, compared to analysts’ expectations of $42.71 billion. Valero Energy had a return on equity of 45.90% and a net margin of 8.44%. The firm’s quarterly revenue was up 43.3% compared to the same quarter last year. During the same quarter last year, the business earned $3.66 earnings per share. As a group, equities research analysts expect that Valero Energy Corporation will post 57.42 EPS for the current year.

Valero Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 21st. Shareholders of record on Tuesday, November 24th will be given a dividend of $1.20 per share. The ex-dividend date is Tuesday, November 24th. This represents a $4.80 dividend on an annualized basis and a yield of 1.2%. Valero Energy’s dividend payout ratio is presently 10.80%.

Key Stories Impacting Valero Energy

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

Positive Sentiment: Houston acquisition expands Valero’s refining footprint: Valero agreed to acquire LyondellBasell’s former Houston Refinery site and related assets for $320.5 million. The transaction is expected to close in the fourth quarter of 2026 and includes the assumption of site operations, environmental liabilities, pension costs and related employee obligations. The deal could provide strategic infrastructure and operational growth in a major refining market. Valero to Acquire Former Houston Refinery from LyondellBasell
Positive Sentiment: Large buyback authorization supports the stock: Valero reportedly authorized up to $10 billion in share repurchases after a strong quarter, increasing its ability to return excess cash to shareholders and potentially support per-share earnings. Valero authorizes USD 10.0 billion buyback
Positive Sentiment: Exceptional quarterly profitability remains a catalyst: Valero generated $6.8 billion of third-quarter net income, while management allocated $1.7 billion of 2026 capital guidance to sustaining operations. Strong cash generation and refining margins reinforce the company’s capacity for shareholder returns. Valero: 3 Key Takeaways for Long-Term Investors
Neutral Sentiment: Analyst valuation views improved but remain mixed: A consolidated fair-value estimate reportedly increased to $426.42 from $401.53, while some analysts remain cautious after the stock’s significant multiyear gains. Another analysis argues that Valero may still be undervalued on current earnings. Valero Energy Stock Sees Fair Value Lift
Negative Sentiment: Put-option activity signals hedging or bearish positioning: Traders bought approximately 16,660 VLO put options, about 41% above average volume. This may reflect increased concern about downside risk following the stock’s strong run.
Negative Sentiment: Sector-wide profit-taking risk persists: Commentary argued that investors should consider selling refiners after an exceptionally strong year, suggesting concerns that refining margins and share prices may have peaked. It’s Time to Sell the Refiners

Valero Energy Company Profile

(Free Report)

Valero Energy Corporation is an international energy company headquartered in San Antonio, Texas. The company’s primary business is refining and marketing transportation fuels, including gasoline, diesel, jet fuel and other products used by commercial, industrial and consumer customers.

Valero operates refineries in the United States, Canada and the United Kingdom. Its refining operations also produce asphalt, petrochemical feedstocks and other petroleum-based products. The company markets fuel through wholesale channels and branded retail networks, including Valero, Beacon and Shamrock-branded locations.

In addition to conventional refining, Valero has businesses focused on renewable fuels.