Matthew Lucey Sells 142,364 Shares of PBF Energy (NYSE:PBF) Stock

Posted by Brenda Bartman on Aug 19th, 2026

PBF Energy Inc. (NYSE:PBF – Get Free Report) CEO Matthew Lucey sold 142,364 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $73.50, for a total value of $10,463,754.00. Following the sale, the chief executive officer directly owned 495,771 shares of the company’s stock, valued at approximately $36,439,168.50. The trade was a 22.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

PBF Energy Price Performance

PBF Energy stock opened at $75.00 on Wednesday. The company has a current ratio of 1.33, a quick ratio of 0.67 and a debt-to-equity ratio of 0.27. PBF Energy Inc. has a 12 month low of $22.13 and a 12 month high of $75.68. The stock’s 50 day moving average is $55.72 and its 200-day moving average is $46.05. The company has a market capitalization of $8.89 billion, a price-to-earnings ratio of 6.64, a PEG ratio of 0.08 and a beta of 0.10.

PBF Energy (NYSE:PBF – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The oil and gas company reported $6.22 EPS for the quarter, topping analysts’ consensus estimates of $4.15 by $2.07. The business had revenue of $11.68 billion during the quarter, compared to analysts’ expectations of $9.61 billion. PBF Energy had a net margin of 3.94% and a return on equity of 11.27%. The business’s quarterly revenue was up 56.2% on a year-over-year basis. During the same period last year, the company posted ($1.03) earnings per share. Equities research analysts expect that PBF Energy Inc. will post 15.74 EPS for the current year.

PBF Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. PBF Energy’s payout ratio is presently 9.73%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Wall Street Zen raised PBF Energy from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. TD Cowen boosted their target price on shares of PBF Energy from $39.00 to $68.00 and gave the stock a “hold” rating in a report on Tuesday, July 21st. Evercore assumed coverage on PBF Energy in a research note on Friday, July 17th. They set an “in-line” rating and a $58.00 price target on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PBF Energy in a research report on Friday, August 7th. Finally, Mizuho raised their target price on shares of PBF Energy from $57.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, PBF Energy currently has an average rating of “Reduce” and a consensus price target of $50.92.

Get Our Latest Report on PBF

Institutional Investors Weigh In On PBF Energy

A number of institutional investors and hedge funds have recently bought and sold shares of PBF. Hsbc Holdings PLC lifted its position in 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 worth $1,840,000 after acquiring an additional 30,430 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of PBF Energy by 127.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock worth $171,595,000 after buying an additional 3,550,820 shares during the last quarter. Brandywine Global Investment Management LLC lifted its holdings in shares of PBF Energy by 351.3% in 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 in the last quarter. State of New Jersey Common Pension Fund D acquired a new stake in PBF Energy during the 4th quarter valued at $1,485,000. Finally, Jefferies Financial Group Inc. boosted its stake in shares of 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 valued at $17,037,000 after acquiring an additional 619,622 shares during the last quarter. 96.29% of the stock is owned by hedge funds and other institutional investors.

PBF Energy News Summary

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

Positive Sentiment: PBF’s second-quarter results showed a substantial turnaround, with adjusted earnings of $6.22 per share versus a $1.03 loss in the year-ago period. Revenue rose 56.2% year over year to $11.68 billion, exceeding estimates. PBF Energy Gains as Investors Continue to Digest Strong Q2 Results and Favorable Refining Conditions
Positive Sentiment: The Martinez refinery restart was completed in May, removing a major operational overhang following the 2025 fire and potentially restoring additional earnings capacity. Refining margins and tight fuel markets are also supporting the industry outlook. Why Watch PBF Energy After Its Martinez Refinery Restart?
Positive Sentiment: PBF reduced gross debt by more than $1 billion during the quarter and declared a quarterly dividend of $0.275, strengthening the balance-sheet and shareholder-return narrative. PBF Energy Stock Information
Positive Sentiment: Goldman Sachs raised its price target from $71 to $81 while maintaining a neutral rating. Zacks also highlighted PBF as a low price-to-sales and long-term value candidate. Goldman Sachs Price Target Update
Neutral Sentiment: At a low earnings multiple, PBF’s valuation appears attractive if elevated refining margins persist; however, refining earnings are cyclical and can weaken quickly as fuel spreads normalize. PBF Energy Refining Margins Put Valuation In Focus
Negative Sentiment: Insiders reported sizable sales, including transactions by the CEO, a director, an SVP and Control Empresarial totaling approximately $43.5 million. Although substantial shares remain owned, the concentration of selling may pressure sentiment. PBF Energy Insider Sale Filing
Negative Sentiment: Some analysts remain cautious: recent published targets have generally been well below current trading levels, reflecting concerns that refining margins and unusually strong earnings may not be sustainable. PBF Energy Market Analysis

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.