Petroleo Brasileiro S.A.- Petrobras $PBR Stock: TT International Asset Management LTD Grows Stake

Posted by Stanley Muller on Nov 4th, 2026

TT International Asset Management LTD grew its holdings in shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR – Free Report) by 74.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,141,750 shares of the oil and gas exploration company’s stock after purchasing an additional 913,404 shares during the quarter. Petroleo Brasileiro S.A.- Petrobras makes up approximately 5.0% of TT International Asset Management LTD’s investment portfolio, making the stock its 10th largest position. TT International Asset Management LTD’s holdings in Petroleo Brasileiro S.A.- Petrobras were worth $44,698,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in PBR. Accordant Advisory Group Inc grew its position in Petroleo Brasileiro S.A.- Petrobras by 35.7% during the third quarter. Accordant Advisory Group Inc now owns 193,740 shares of the oil and gas exploration company’s stock valued at $4,043,000 after buying an additional 50,921 shares during the period. Vise Technologies Inc. increased its holdings in Petroleo Brasileiro S.A.- Petrobras by 18.9% during the third quarter. Vise Technologies Inc. now owns 60,840 shares of the oil and gas exploration company’s stock valued at $1,270,000 after buying an additional 9,665 shares during the last quarter. MGO One Seven LLC purchased a new stake in Petroleo Brasileiro S.A.- Petrobras during the third quarter valued at approximately $733,000. Aprio Wealth Management LLC increased its holdings in Petroleo Brasileiro S.A.- Petrobras by 15.6% during the third quarter. Aprio Wealth Management LLC now owns 29,383 shares of the oil and gas exploration company’s stock valued at $613,000 after buying an additional 3,969 shares during the last quarter. Finally, State of Wyoming raised its position in Petroleo Brasileiro S.A.- Petrobras by 27.1% in the third quarter. State of Wyoming now owns 39,672 shares of the oil and gas exploration company’s stock worth $828,000 after acquiring an additional 8,470 shares during the period.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PBR. JPMorgan Chase & Co. lifted their price target on shares of Petroleo Brasileiro S.A.- Petrobras from $23.00 to $24.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 1st. Weiss Ratings raised shares of Petroleo Brasileiro S.A.- Petrobras from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 9th. Zacks Research upgraded Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 30th. Wall Street Zen upgraded Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, UBS Group raised their target price on Petroleo Brasileiro S.A.- Petrobras from $22.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $20.97.

Check Out Our Latest Stock Analysis on PBR

Petroleo Brasileiro S.A.- Petrobras Stock Performance

PBR opened at $21.07 on Wednesday. The firm has a market cap of $135.82 billion, a P/E ratio of 5.32, a PEG ratio of 1.89 and a beta of 0.33. Petroleo Brasileiro S.A.- Petrobras has a 1-year low of $11.43 and a 1-year high of $26.39. The company has a 50 day simple moving average of $22.07 and a two-hundred day simple moving average of $19.13. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.85 and a quick ratio of 0.58.

Petroleo Brasileiro S.A.- Petrobras Dividend Announcement

The company also recently announced a special dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, August 25th will be paid a dividend of $0.2649 per share. The ex-dividend date is Tuesday, August 25th. Petroleo Brasileiro S.A.- Petrobras’s payout ratio is 10.86%.

Petroleo Brasileiro S.A.- Petrobras Company Profile

(Free Report)

Petróleo Brasileiro SA — Petrobras is a Brazilian state-controlled, integrated energy company engaged in the exploration, development, production, refining, transportation and marketing of oil and natural gas. Founded in 1953, the company plays a central role in Brazil’s energy sector and is headquartered in Rio de Janeiro.

Petrobras produces crude oil and natural gas, with a major focus on Brazil’s deepwater and pre-salt offshore fields. Its operations also include refining and selling petroleum products such as gasoline, diesel, aviation fuel, liquefied petroleum gas and other petrochemicals.