PBF Energy (NYSE:PBF) SVP Paul Davis Sells 50,000 Shares of Stock

PBF Energy Inc. (NYSE:PBF) SVP Paul Davis sold 50,000 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $44.80, for a total transaction of $2,240,000.00. Following the transaction, the senior vice president owned 183,426 shares in the company, valued at approximately $8,217,484.80. This represents a 21.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

PBF Energy Trading Down 5.3%

Shares of NYSE:PBF opened at $43.22 on Friday. The business’s fifty day simple moving average is $33.46 and its 200-day simple moving average is $31.83. PBF Energy Inc. has a 12-month low of $13.61 and a 12-month high of $47.18. The company has a current ratio of 1.21, a quick ratio of 0.51 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $5.05 billion, a PE ratio of -29.40, a P/E/G ratio of 6.12 and a beta of 0.41.

PBF Energy (NYSE:PBF) last announced its earnings results on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.64. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. The business had revenue of $7.14 billion during the quarter, compared to the consensus estimate of $7.17 billion. During the same period in the previous year, the company posted ($2.82) earnings per share. The firm’s revenue was down 2.9% on a year-over-year basis. As a group, equities research analysts predict that PBF Energy Inc. will post -1.12 earnings per share for the current fiscal year.

PBF Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be given a $0.275 dividend. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.5%. PBF Energy’s dividend payout ratio (DPR) is presently -74.83%.

Key Headlines Impacting PBF Energy

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

• Positive Sentiment: PBF reported an EPS beat for the most recent quarter (reported Feb. 12) that topped estimates, which supports near-term cash generation and helps explain why some investors still hold positions. MarketBeat PBF Summary
• Positive Sentiment: The company declared a quarterly dividend of $0.275 (annualized $1.10, ~2.5% yield), payable Mar. 11, which may attract income-focused holders and provide a price-support floor. MarketBeat Dividend Notice
• Neutral Sentiment: Analyst coverage is mixed-to-weak: recent upgrades and target increases from some firms are balanced by several Hold/Sell ratings; consensus remains below current levels which can limit upside. MarketBeat Analyst Summary
• Neutral Sentiment: Macro note — refiners can benefit from spiking crude and geopolitical supply moves; sector commentary suggests PBF could outperform in a sustained crude rally, but that’s conditional on margins. 247WallSt Refiners Piece
• Negative Sentiment: Significant, concentrated insider selling: Control Empresarial De Capital has executed multiple large sales in recent days (including 903,100 shares on Mar. 4 and 205,000 shares on Mar. 5), representing repeated divestments by a major shareholder — a clear negative signal on near-term sentiment. SEC Form 4 – Control Empresarial
• Negative Sentiment: Additional insider exits: SVP Paul T. Davis sold 50,000 shares and other insiders (including Thomas Nimbley and entities cited by TipRanks) have reduced holdings, amplifying selling pressure and raising governance/exit questions for some investors. InsiderTrades Article
• Negative Sentiment: Fundamentals remain uneven: revenue dipped year-over-year, net margin and ROE are negative, and consensus EPS for the year is below zero — factors that underpin cautious analyst targets and amplify downside if margins compress. MarketBeat Financials

Wall Street Analyst Weigh In

PBF has been the subject of several recent analyst reports. Wolfe Research downgraded PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price target for the company. in a report on Monday, December 8th. Piper Sandler upped their price objective on shares of PBF Energy from $41.00 to $42.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Tudor Pickering upgraded shares of PBF Energy from a “strong sell” rating to a “hold” rating in a research note on Friday, February 13th. Weiss Ratings reissued a “sell (d)” rating on shares of PBF Energy in a research report on Monday, December 29th. Finally, Citigroup upped their price target on shares of PBF Energy from $29.00 to $36.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, PBF Energy has a consensus rating of “Reduce” and an average price target of $30.21.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Merit Financial Group LLC grew its position in PBF Energy by 3.0% during the 3rd quarter. Merit Financial Group LLC now owns 9,575 shares of the oil and gas company’s stock worth $289,000 after purchasing an additional 276 shares during the period. Verdence Capital Advisors LLC boosted its position in PBF Energy by 2.5% in the 3rd quarter. Verdence Capital Advisors LLC now owns 14,287 shares of the oil and gas company’s stock worth $478,000 after purchasing an additional 348 shares in the last quarter. Arizona State Retirement System grew its stake in shares of PBF Energy by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 25,666 shares of the oil and gas company’s stock worth $774,000 after purchasing an additional 353 shares during the period. Next Level Private LLC grew its stake in shares of PBF Energy by 0.6% during the 4th quarter. Next Level Private LLC now owns 66,660 shares of the oil and gas company’s stock worth $1,808,000 after purchasing an additional 378 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of PBF Energy by 1.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 28,617 shares of the oil and gas company’s stock valued at $863,000 after purchasing an additional 432 shares in the last quarter. 96.29% of the stock is currently owned by institutional investors and hedge funds.

PBF Energy Company Profile

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.