
Valero Energy Corporation (NYSE:VLO – Free Report) – Erste Group Bank raised their FY2026 EPS estimates for shares of Valero Energy in a note issued to investors on Friday, June 5th. Erste Group Bank analyst H. Engel now forecasts that the oil and gas company will post earnings per share of $27.70 for the year, up from their previous forecast of $27.36. The consensus estimate for Valero Energy’s current full-year earnings is $26.51 per share.
Other research analysts have also issued research reports about the stock. BMO Capital Markets raised their price target on shares of Valero Energy from $230.00 to $270.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. Citigroup raised their price target on shares of Valero Energy from $246.00 to $259.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Piper Sandler raised their price target on shares of Valero Energy from $236.00 to $263.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. Wolfe Research restated an “underperform” rating and set a $203.00 price target on shares of Valero Energy in a report on Tuesday, April 21st. Finally, Wall Street Zen upgraded shares of Valero Energy from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 4th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $243.65.
Valero Energy Stock Up 1.8%
Valero Energy stock opened at $258.27 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.15 and a current ratio of 1.58. Valero Energy has a 52-week low of $130.78 and a 52-week high of $265.61. The firm has a 50 day moving average price of $245.01 and a two-hundred day moving average price of $211.65. The firm has a market cap of $76.69 billion, a price-to-earnings ratio of 18.77, a PEG ratio of 0.37 and a beta of 0.55.
Valero Energy (NYSE:VLO – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $1.06. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. The firm had revenue of $32.38 billion during the quarter, compared to analyst estimates of $31.38 billion. During the same quarter last year, the business earned $0.89 EPS. The company’s revenue was up 7.0% compared to the same quarter last year.
Institutional Trading of Valero Energy
Several hedge funds have recently modified their holdings of the stock. State Street Corp increased its stake in shares of Valero Energy by 0.9% in the 4th quarter. State Street Corp now owns 18,177,191 shares of the oil and gas company’s stock valued at $2,959,065,000 after acquiring an additional 163,975 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Valero Energy by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,950,982 shares of the oil and gas company’s stock valued at $1,945,500,000 after acquiring an additional 63,919 shares in the last quarter. Norges Bank bought a new stake in shares of Valero Energy in the 4th quarter valued at $1,111,542,000. Franklin Resources Inc. increased its stake in Valero Energy by 7.5% during the 4th quarter. Franklin Resources Inc. now owns 5,668,210 shares of the oil and gas company’s stock valued at $922,728,000 after purchasing an additional 394,693 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Valero Energy by 11.4% during the 1st quarter. Bank of America Corp DE now owns 5,033,310 shares of the oil and gas company’s stock valued at $1,243,630,000 after purchasing an additional 516,975 shares in the last quarter. Institutional investors own 78.69% of the company’s stock.
Valero Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Thursday, May 21st will be paid a $1.20 dividend. The ex-dividend date is Thursday, May 21st. This represents a $4.80 annualized dividend and a dividend yield of 1.9%. Valero Energy’s payout ratio is currently 34.88%.
Valero Energy Company Profile
Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.
In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.
Read More
- Five stocks we like better than Valero Energy
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Receive News & Ratings for Valero Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valero Energy and related companies with MarketBeat.com's FREE daily email newsletter.
