CrossGen Wealth LLC Takes Position in Valero Energy Corporation $VLO

CrossGen Wealth LLC acquired a new position in Valero Energy Corporation (NYSE:VLO) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 21,135 shares of the oil and gas company’s stock, valued at approximately $3,441,000. Valero Energy accounts for 3.0% of CrossGen Wealth LLC’s investment portfolio, making the stock its 10th biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in VLO. Norges Bank acquired a new stake in Valero Energy in the 4th quarter valued at $1,111,542,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Valero Energy in the third quarter worth about $275,239,000. Pacer Advisors Inc. boosted its position in shares of Valero Energy by 2,635.7% in the fourth quarter. Pacer Advisors Inc. now owns 950,527 shares of the oil and gas company’s stock worth $154,736,000 after buying an additional 915,782 shares during the period. Victory Capital Management Inc. grew its stake in shares of Valero Energy by 49.3% in the fourth quarter. Victory Capital Management Inc. now owns 1,696,811 shares of the oil and gas company’s stock valued at $276,224,000 after buying an additional 560,116 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of 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 buying an additional 394,693 shares during the period. Institutional investors and hedge funds own 78.69% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on VLO. Wall Street Zen raised Valero Energy from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 4th. TD Cowen increased their price objective on shares of Valero Energy from $255.00 to $276.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Barclays lifted their price objective on shares of Valero Energy from $184.00 to $261.00 and gave the company an “overweight” rating in a research note on Wednesday, April 8th. Weiss Ratings raised shares of Valero Energy from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Finally, The Goldman Sachs Group upped their target price on shares of Valero Energy from $203.00 to $237.00 and gave the company a “buy” rating in a research note on Thursday, March 12th. 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 given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $245.59.

Valero Energy Trading Down 1.4%

NYSE:VLO opened at $236.50 on Friday. The stock has a market cap of $70.22 billion, a price-to-earnings ratio of 17.19, a price-to-earnings-growth ratio of 0.34 and a beta of 0.55. Valero Energy Corporation has a one year low of $130.78 and a one year high of $265.61. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.15 and a current ratio of 1.58. The business’s 50-day simple moving average is $245.17 and its 200 day simple moving average is $214.70.

Valero Energy (NYSE:VLO) last issued its quarterly earnings data on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share for the quarter, beating analysts’ consensus estimates of $3.16 by $1.06. Valero Energy had a return on equity of 15.94% and a net margin of 3.37%.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 firm earned $0.89 EPS. Valero Energy’s quarterly revenue was up 7.0% on a year-over-year basis. As a group, sell-side analysts predict that Valero Energy Corporation will post 27.45 earnings per share for the current fiscal year.

Valero Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Thursday, May 21st will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Thursday, May 21st. Valero Energy’s dividend payout ratio is 34.88%.

Insider Buying and Selling at Valero Energy

In other news, SVP Eric A. Fisher sold 7,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $236.90, for a total transaction of $1,776,750.00. Following the completion of the sale, the senior vice president owned 27,242 shares of the company’s stock, valued at approximately $6,453,629.80. This trade represents a 21.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.36% of the company’s stock.

Key Valero Energy News

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

• Positive Sentiment: Lower crude oil prices could help Valero’s refining margins, since refiners often benefit when feedstock costs fall faster than fuel prices. Analysts also highlighted that fuel demand remains resilient and global refining capacity is still tight. Here's How Declining Crude Oil Prices are Benefiting Valero Energy
• Positive Sentiment: Valero was still being viewed favorably by Wall Street in recent commentary, with analyst optimism and a discussion of the company’s attractive refining upside and discounted valuation supporting the investment case. Is Valero Energy (VLO) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: An executive stock sale by SVP Eric A. Fisher may have added some overhang, though the transaction was relatively routine and did not signal a change in the company’s operating outlook. Valero Energy insider trade details
• Neutral Sentiment: Market commentary also noted that Valero underperformed peers, suggesting the decline may be part of broader energy-sector rotation rather than a major fundamental setback. Valero Energy Corp. stock underperforms Wednesday when compared to competitors
• Negative Sentiment: Geopolitical and supply developments around the Strait of Hormuz could increase global crude flows and pressure oil pricing dynamics, creating uncertainty for refining margins and inventory values at Valero. Valero (VLO) Faces A New Oil Supply Test As Hormuz Reopens

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.