Trecia Canty Sells 62,999 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) SVP Trecia Canty sold 62,999 shares of PBF Energy stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $50.00, for a total value of $3,149,950.00. Following the sale, the senior vice president directly owned 191,779 shares of the company’s stock, valued at $9,588,950. This represents a 24.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

PBF Energy Trading Down 0.1%

Shares of PBF Energy stock opened at $51.19 on Monday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.51 and a current ratio of 1.21. The firm has a 50-day moving average of $38.27 and a 200-day moving average of $33.91. PBF Energy Inc. has a 52-week low of $13.61 and a 52-week high of $51.80. The stock has a market cap of $5.99 billion, a PE ratio of -34.82, a PEG ratio of 0.64 and a beta of 0.41.

PBF Energy (NYSE:PBF) last released its quarterly 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 for the quarter, compared to analyst estimates of $7.17 billion. During the same period last year, the firm earned ($2.82) earnings per share. PBF Energy’s revenue for the quarter was down 2.9% compared to the same quarter last year. As a group, sell-side analysts forecast that PBF Energy Inc. will post -1.12 EPS for the current year.

PBF Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were issued a dividend of $0.275 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $1.10 annualized dividend and a dividend yield of 2.1%. PBF Energy’s dividend payout ratio (DPR) is currently -74.83%.

PBF Energy News Roundup

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

• Positive Sentiment: Q4 results and payout: PBF beat EPS expectations for the most recent quarter and recently paid a quarterly dividend ($0.275/share), supporting the bull case that improving refinery margins are underpinning recent gains. MarketBeat PBF Coverage
• Positive Sentiment: Institutional buying: Several large funds (Goldman Sachs, State Street, Invesco, AQR, T. Rowe) increased positions last quarter, signaling conviction from professional investors that the operating recovery may persist. MarketBeat PBF Coverage
• Positive Sentiment: Analyst moves: Some analysts raised targets (Goldman Sachs, Mizuho) citing margin improvement even as consensus remains mixed — this provides support for the stock amid momentum. MarketBeat PBF Coverage
• Neutral Sentiment: Valuation/momentum debate: Commentary asking whether PBF’s ~181% one‑year rally leaves limited upside or whether momentum and margin recovery can continue is keeping sentiment mixed. That debate is likely to sustain higher intraday volatility. Is It Too Late To Consider PBF Energy (PBF)?
• Negative Sentiment: Large insider/major‑holder liquidation: Control Empresarial De Capital sold 687,500 shares (~$34.0M at ~$49.49) — a sizable block that increases supply and can weigh on near‑term price action. Control Empresarial De Capital Form 4
• Negative Sentiment: Follow‑on selling by the same holder: Control Empresarial De Capital also sold an additional 469,700 shares (~$23.2M), reinforcing the pattern of significant insider/owner liquidity this week. Control Empresarial De Capital Form 4
• Negative Sentiment: Director sale: Director Thomas J. Nimbley sold 50,000 shares (~$2.57M), trimming his stake and adding to the week’s disclosures of insiders taking profits. Nimbley Ownership Filing
• Negative Sentiment: Senior exec sale: SVP Trecia M. Canty sold 62,999 shares (~$3.15M), a ~25% cut to her holding, further signaling insider monetization of recent gains. Trecia Canty SEC Filing

Institutional Investors Weigh In On PBF Energy

Several hedge funds and other institutional investors have recently made changes to their positions in PBF. Merit Financial Group LLC raised its position in shares of PBF Energy by 3.0% during the third quarter. Merit Financial Group LLC now owns 9,575 shares of the oil and gas company’s stock worth $289,000 after acquiring an additional 276 shares during the last quarter. Verdence Capital Advisors LLC boosted its holdings in PBF Energy by 2.5% in the third quarter. Verdence Capital Advisors LLC now owns 14,287 shares of the oil and gas company’s stock valued at $478,000 after acquiring an additional 348 shares during the last quarter. Arizona State Retirement System boosted its holdings in PBF Energy by 1.4% in the third quarter. Arizona State Retirement System now owns 25,666 shares of the oil and gas company’s stock valued at $774,000 after acquiring an additional 353 shares during the last quarter. Next Level Private LLC increased its position in 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 valued at $1,808,000 after purchasing an additional 378 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in 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 during the period. 96.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

PBF has been the topic of a number of analyst reports. Piper Sandler increased their price target on PBF Energy from $41.00 to $42.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Wolfe Research lowered PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price objective on the stock. in a research note on Monday, December 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of PBF Energy in a report on Monday, December 29th. BMO Capital Markets reiterated a “market perform” rating and set a $34.00 target price on shares of PBF Energy in a research report on Monday, January 5th. Finally, Tudor Pickering raised PBF Energy from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the company. According to MarketBeat, PBF Energy currently has an average rating of “Reduce” and an average price target of $31.69.

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.