Petroleo Brasileiro S.A.- Petrobras $PBR Shares Sold by Morningstar Investment Management LLC

Posted by Brian Himes on May 25th, 2026

Morningstar Investment Management LLC decreased its holdings in shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR – Free Report) by 30.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 214,987 shares of the oil and gas exploration company’s stock after selling 92,316 shares during the quarter. Morningstar Investment Management LLC’s holdings in Petroleo Brasileiro S.A.- Petrobras were worth $2,548,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PBR. Mondrian Investment Partners LTD acquired a new stake in Petroleo Brasileiro S.A.- Petrobras during the third quarter worth $140,433,000. ICICI Prudential Asset Management Co Ltd acquired a new stake in Petroleo Brasileiro S.A.- Petrobras during the third quarter worth $35,144,000. Capital International Investors increased its stake in Petroleo Brasileiro S.A.- Petrobras by 14.7% during the third quarter. Capital International Investors now owns 20,211,745 shares of the oil and gas exploration company’s stock worth $255,881,000 after acquiring an additional 2,592,536 shares during the last quarter. DNB Asset Management AS acquired a new stake in Petroleo Brasileiro S.A.- Petrobras during the fourth quarter worth $21,778,000. Finally, Earnest Partners LLC increased its stake in Petroleo Brasileiro S.A.- Petrobras by 52.0% during the third quarter. Earnest Partners LLC now owns 4,872,441 shares of the oil and gas exploration company’s stock worth $61,685,000 after acquiring an additional 1,665,873 shares during the last quarter.

Wall Street Analysts Forecast Growth

PBR has been the subject of several research analyst reports. Weiss Ratings upgraded Petroleo Brasileiro S.A.- Petrobras from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, May 12th. Zacks Research upgraded Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. The Goldman Sachs Group raised their price target on Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Wall Street Zen upgraded Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a research report on Sunday, March 22nd. Finally, Bank of America upgraded Petroleo Brasileiro S.A.- Petrobras from a “neutral” rating to a “buy” rating and raised their price target for the stock from $18.70 to $24.80 in a research report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Petroleo Brasileiro S.A.- Petrobras currently has a consensus rating of “Buy” and an average price target of $18.35.

Get Our Latest Research Report on PBR

Petroleo Brasileiro S.A.- Petrobras Trading Up 0.1%

PBR opened at $19.93 on Monday. Petroleo Brasileiro S.A.- Petrobras has a 52 week low of $11.03 and a 52 week high of $22.24. The business has a fifty day simple moving average of $20.45 and a 200-day simple moving average of $16.07. The firm has a market cap of $128.40 billion, a P/E ratio of 6.47, a P/E/G ratio of 0.79 and a beta of 0.38. The company has a quick ratio of 0.49, a current ratio of 0.74 and a debt-to-equity ratio of 0.68.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR – Get Free Report) last released its quarterly earnings results on Tuesday, March 31st. The oil and gas exploration company reported $0.96 EPS for the quarter. Petroleo Brasileiro S.A.- Petrobras had a return on equity of 23.65% and a net margin of 21.67%.The business had revenue of $23.54 billion during the quarter. On average, equities analysts expect that Petroleo Brasileiro S.A.- Petrobras will post 4.72 earnings per share for the current year.

Petroleo Brasileiro S.A.- Petrobras Dividend Announcement

The business also recently announced a special dividend, which will be paid on Thursday, August 27th. Investors of record on Wednesday, June 3rd will be issued a $0.1426 dividend. The ex-dividend date is Wednesday, June 3rd. Petroleo Brasileiro S.A.- Petrobras’s dividend payout ratio (DPR) is 10.71%.

Petroleo Brasileiro S.A.- Petrobras Profile

(Free Report)

Petróleo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil’s energy sector and is a listed public company with global capital market presence.

Petrobras’s core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil’s coast.