Valero Energy Corporation $VLO Stock: Signaturefd LLC Increases Position

Signaturefd LLC lifted its stake in shares of Valero Energy Corporation (NYSE:VLO – Free Report) by 30.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,333 shares of the oil and gas company’s stock after purchasing an additional 1,237 shares during the quarter. Signaturefd LLC’s holdings in Valero Energy were worth $2,067,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Cornerstone Financial Management LLC raised its holdings in Valero Energy by 57.6% during the second quarter. Cornerstone Financial Management LLC now owns 104 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 38 shares in the last quarter. Mascoma Wealth Management LLC boosted its holdings in Valero Energy by 1,980.0% in the 3rd quarter. Mascoma Wealth Management LLC now owns 104 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 99 shares in the last quarter. Whipplewood Advisors LLC boosted its holdings in Valero Energy by 3,400.0% in the 1st quarter. Whipplewood Advisors LLC now owns 105 shares of the oil and gas company’s stock valued at $26,000 after purchasing an additional 102 shares in the last quarter. Financial Life Planners purchased a new stake in Valero Energy in the 1st quarter valued at approximately $28,000. Finally, Valued Wealth Advisors LLC increased its position in Valero Energy by 134.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 117 shares of the oil and gas company’s stock worth $29,000 after purchasing an additional 67 shares during the period. 78.69% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Valero Energy

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

  • Positive Sentiment: Positive earnings momentum: Recent coverage says Valero is well positioned for a potential near-term surge because analysts have been revising earnings estimates higher. The company’s latest reported quarter also substantially exceeded consensus EPS and revenue expectations, supported by strong refining margins. Why Valero Energy Might Be Well Poised for a Surge
  • Positive Sentiment: Growth and valuation appeal: Zacks characterizes VLO as having several solid growth attributes that could help it outperform the broader market. The stock’s strong profitability, recent earnings growth and relatively low valuation may be attracting investors. Is Valero Energy a Solid Growth Stock?
  • Positive Sentiment: Analyst support: Wall Street coverage remains mixed but includes a “Moderate Buy” consensus, with Citigroup and Barclays analysts expecting additional appreciation. Valero Stock Rated Moderate Buy
  • Neutral Sentiment: Potential defensive characteristics: Commentary presents Valero as a possible hedge during periods of market or energy-sector uncertainty, while emphasizing that the strategy involves trade-offs and remains exposed to cyclical refining conditions. Valero: A Potential Hedge, But Not Without Trade-Offs
  • Negative Sentiment: Downside risks remain: Valero’s record quarter was accompanied by lighter fourth-quarter guidance, while potential Russian diesel imports, crude-price pressure and weaker refining margins could reduce future earnings. Valero’s Windfall Quarter Meets Washington’s Push for Cheaper Diesel
  • Negative Sentiment: Profit-taking risk: Investor Michael Burry is considering selling, reducing or donating some long-held positions, including Valero, because he views valuations as stretched. Freedom Broker also issued a sell rating, creating a counterweight to the more bullish analyst forecasts. Michael Burry Eyes the Exit on Valero

Valero Energy Price Performance

VLO stock opened at $426.23 on Tuesday. The firm has a 50 day moving average of $392.44 and a 200-day moving average of $279.72. Valero Energy Corporation has a 12-month low of $159.90 and a 12-month high of $461.52. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 0.37. The company has a market cap of $122.72 billion, a price-to-earnings ratio of 9.59, a PEG ratio of 0.24 and a beta of 0.59.

Valero Energy (NYSE:VLO – Get Free Report) last announced its quarterly earnings results on Thursday, October 22nd. The oil and gas company reported $23.90 EPS for the quarter, topping the consensus estimate of $21.17 by $2.73. The business had revenue of $46.10 billion for the quarter, compared to analyst estimates of $42.71 billion. Valero Energy had a return on equity of 47.50% and a net margin of 8.44%. The company’s quarterly revenue was up 43.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.66 EPS. As a group, equities analysts expect that Valero Energy Corporation will post 54.22 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on VLO shares. Piper Sandler increased their target price on Valero Energy from $329.00 to $435.00 and gave the stock an “overweight” rating in a research note on Thursday, September 3rd. Raymond James Financial lifted their price target on Valero Energy from $350.00 to $450.00 and gave the company a “strong-buy” rating in a research note on Monday, September 14th. Morgan Stanley increased their price objective on Valero Energy from $255.00 to $411.00 and gave the stock an “equal weight” rating in a research report on Monday, September 14th. Weiss Ratings raised shares of Valero Energy from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. Finally, Zacks Research raised shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $379.94.

View Our Latest Research Report on VLO

About Valero Energy

(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.

See Also

Institutional Ownership by Quarter for Valero Energy (NYSE:VLO)

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