Erste Group Bank Raises Earnings Estimates for Valero Energy

Valero Energy Corporation (NYSE:VLO) – Stock analysts at Erste Group Bank increased their FY2026 EPS estimates for Valero Energy in a research report issued on Tuesday, September 8th. Erste Group Bank analyst H. Engel now expects that the oil and gas company will earn $43.31 per share for the year, up from their previous estimate of $42.76. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Valero Energy’s current full-year earnings is $41.15 per share.

Valero Energy (NYSE:VLO) last issued its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $12.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.11 by $2.43. Valero Energy had a net margin of 5.17% and a return on equity of 26.74%. The firm had revenue of $44.48 billion for the quarter, compared to the consensus estimate of $39.47 billion. During the same quarter in the previous year, the firm earned $2.28 EPS. The company’s quarterly revenue was up 48.8% compared to the same quarter last year.

A number of other brokerages also recently issued reports on VLO. Morgan Stanley upped their price target on Valero Energy from $232.00 to $255.00 and gave the stock an “equal weight” rating in a research report on Friday, June 12th. Jefferies Financial Group set a $350.00 target price on Valero Energy in a research note on Monday, August 3rd. Weiss Ratings upgraded Valero Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, August 6th. Citigroup raised their price target on Valero Energy from $259.00 to $302.00 and gave the stock a “neutral” rating in a report on Tuesday, July 14th. Finally, Barclays boosted their price target on Valero Energy from $279.00 to $323.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $301.76.

Valero Energy Price Performance

Shares of VLO opened at $385.92 on Friday. The company has a 50 day moving average of $324.54 and a two-hundred day moving average of $270.47. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 0.37. Valero Energy has a twelve month low of $155.29 and a twelve month high of $393.54. The company has a market cap of $111.12 billion, a price-to-earnings ratio of 16.01, a price-to-earnings-growth ratio of 0.44 and a beta of 0.57.

Valero Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Friday, July 31st were given a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, July 31st. Valero Energy’s dividend payout ratio is presently 19.92%.

Insider Transactions at Valero Energy

In other Valero Energy news, SVP Eric Fisher sold 7,500 shares of Valero Energy stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $268.17, for a total transaction of $2,011,275.00. Following the completion of the sale, the senior vice president owned 19,742 shares of the company’s stock, valued at approximately $5,294,212.14. The trade was a 27.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.36% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Whipplewood Advisors LLC lifted its holdings in shares of Valero Energy by 3,400.0% during the first quarter. Whipplewood Advisors LLC now owns 105 shares of the oil and gas company’s stock worth $26,000 after purchasing an additional 102 shares during the period. Cornerstone Financial Management LLC boosted its holdings in shares of Valero Energy by 57.6% in the 2nd quarter. Cornerstone Financial Management LLC now owns 104 shares of the oil and gas company’s stock valued at $27,000 after acquiring an additional 38 shares during the last quarter. JPL Wealth Management LLC purchased a new stake in shares of Valero Energy in the 3rd quarter valued at $27,000. Financial Life Planners acquired a new stake in shares of Valero Energy in the first quarter worth $28,000. Finally, Valued Wealth Advisors LLC increased its stake in shares of Valero Energy by 134.0% in the first quarter. Valued Wealth Advisors LLC now owns 117 shares of the oil and gas company’s stock worth $29,000 after acquiring an additional 67 shares during the period. 78.69% of the stock is owned by institutional investors and hedge funds.

About Valero Energy

Valero Energy Corporation is an international energy company headquartered in San Antonio, Texas. Its primary business is refining crude oil into transportation fuels and other products, including gasoline, diesel, jet fuel, asphalt, lubricants and petrochemical feedstocks.

Valero operates refineries and related facilities in the United States, Canada and the United Kingdom, and markets its products through wholesale and commercial channels in North America and other international markets.