PBF Energy (NYSE:PBF) Insider Control Empresarial De Capital Sells 99,000 Shares of Stock

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 99,000 shares of PBF Energy stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $40.33, for a total transaction of $3,992,670.00. Following the completion of the transaction, the insider directly owned 27,372,198 shares in the company, valued at approximately $1,103,920,745.34. The trade was a 0.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Control Empresarial De Capital also recently made the following trade(s):

• On Monday, March 2nd, Control Empresarial De Capital sold 120,000 shares of PBF Energy stock. The shares were sold at an average price of $38.33, for a total transaction of $4,599,600.00.
• On Tuesday, February 24th, Control Empresarial De Capital sold 250,000 shares of PBF Energy stock. The stock was sold at an average price of $34.91, for a total transaction of $8,727,500.00.
• On Thursday, February 12th, Control Empresarial De Capital sold 3,000 shares of PBF Energy stock. The stock was sold at an average price of $36.79, for a total value of $110,370.00.
• On Wednesday, February 11th, Control Empresarial De Capital sold 450,000 shares of PBF Energy stock. The shares were sold at an average price of $35.38, for a total value of $15,921,000.00.
• On Tuesday, February 10th, Control Empresarial De Capital sold 1,400 shares of PBF Energy stock. The stock was sold at an average price of $34.50, for a total value of $48,300.00.
• On Monday, February 9th, Control Empresarial De Capital sold 228,500 shares of PBF Energy stock. The stock was sold at an average price of $35.26, for a total value of $8,056,910.00.
• On Friday, February 6th, Control Empresarial De Capital sold 303,200 shares of PBF Energy stock. The shares were sold at an average price of $35.62, for a total value of $10,799,984.00.
• On Thursday, February 5th, Control Empresarial De Capital sold 157,200 shares of PBF Energy stock. The stock was sold at an average price of $34.66, for a total value of $5,448,552.00.
• On Wednesday, February 4th, Control Empresarial De Capital sold 480,000 shares of PBF Energy stock. The stock was sold at an average price of $35.07, for a total transaction of $16,833,600.00.
• On Tuesday, February 3rd, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The stock was sold at an average price of $33.85, for a total transaction of $6,770,000.00.

PBF Energy Stock Performance

Shares of PBF opened at $44.79 on Thursday. The stock has a market capitalization of $5.24 billion, a price-to-earnings ratio of -30.47, a PEG ratio of 5.33 and a beta of 0.41. PBF Energy Inc. has a 12 month low of $13.61 and a 12 month high of $45.13. The firm has a fifty day simple moving average of $32.73 and a 200 day simple moving average of $31.59. The company has a current ratio of 1.21, a quick ratio of 0.51 and a debt-to-equity ratio of 0.40.

PBF Energy (NYSE:PBF) last issued its quarterly earnings results on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $7.14 billion for the quarter, compared to analysts’ expectations of $7.17 billion. During the same period in the previous year, the firm posted ($2.82) EPS. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. Research analysts forecast that PBF Energy Inc. will post -1.12 EPS for the current fiscal year.

PBF Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th will be issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, February 25th. PBF Energy’s payout ratio is presently -74.83%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on PBF shares. Mizuho raised PBF Energy from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $31.00 to $38.00 in a research report on Friday, December 12th. Wolfe Research cut PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price target 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 research report on Monday, December 29th. 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. Finally, Citigroup raised their target price on shares of PBF Energy from $29.00 to $36.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, PBF Energy presently has an average rating of “Reduce” and an average target price of $30.21.

Key PBF Energy News

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

• Positive Sentiment: Unusually heavy call buying — traders purchased 14,762 call options (a ~392% increase versus average), signaling speculative bullish positioning or hedging by institutional/options traders that can amplify upside into company news.
• Positive Sentiment: Shares ran to a one‑year high as investors accumulated ahead of business updates and conference participation, reflecting elevated market interest and expectations for positive operational or guidance commentary. PBF Energy (PBF) Climbs to 1-Year High Ahead of Business Updates
• Neutral Sentiment: Major holder Control Empresarial de Capital remains a very large shareholder after recent sales (ownership still >27 million shares, valued at roughly $1.0–1.1B), which suggests long‑term alignment even as it trimmed its position. SEC Form 4 — Control Empresarial
• Negative Sentiment: Insider selling by Control Empresarial de Capital: sold 120,000 shares on 3/2 at ~$38.33 and 99,000 shares on 3/3 at ~$40.33 (combined proceeds ≈ $8.6M). While small relative to their total stake, the sales are a potential signal that some insiders are taking profits into the rally. SEC Form 4 — Control Empresarial
• Negative Sentiment: Director Thomas J. Nimbley sold 200,000 shares on 3/3 at an average of $40.07 (≈ $8.0M), a ~20% reduction in his holdings, which may raise governance/insider confidence questions for some investors. SEC Filing — Thomas J. Nimbley

Institutional Trading of PBF Energy

Hedge funds and other institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. grew its holdings in shares of PBF Energy by 127.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock worth $171,595,000 after purchasing an additional 3,550,820 shares in the last quarter. State Street Corp lifted its position in PBF Energy by 1.3% during the fourth quarter. State Street Corp now owns 4,854,750 shares of the oil and gas company’s stock worth $131,661,000 after purchasing an additional 60,294 shares during the period. Invesco Ltd. grew its stake in PBF Energy by 147.4% during the third quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock worth $83,639,000 after buying an additional 1,651,516 shares in the last quarter. AQR Capital Management LLC increased its holdings in PBF Energy by 20.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,503,283 shares of the oil and gas company’s stock valued at $75,524,000 after buying an additional 418,223 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its position in shares of PBF Energy by 16.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,400,702 shares of the oil and gas company’s stock valued at $65,108,000 after buying an additional 331,404 shares in the last quarter. Institutional investors and hedge funds own 96.29% of the company’s stock.

About PBF Energy

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.