Research Analysts’ Recent Ratings Changes for PBF Energy (PBF)

PBF Energy (NYSE: PBF) has recently received a number of price target changes and ratings updates:

• 6/29/2026 – PBF Energy was upgraded by TD Cowen from “sell” to “hold”. They now have a $39.00 price target on the stock, up from $36.00.
• 6/28/2026 – PBF Energy was downgraded by Wall Street Zen from “buy” to “hold”.
• 6/20/2026 – PBF Energy was upgraded by Wall Street Zen from “hold” to “buy”.
• 6/12/2026 – PBF Energy had its price target raised by Morgan Stanley from $34.00 to $38.00. They now have an “underweight” rating on the stock.
• 6/8/2026 – PBF Energy was downgraded by Zacks Research from “strong-buy” to “hold”.
• 5/27/2026 – PBF Energy had its price target raised by Mizuho from $43.00 to $48.00. They now have a “neutral” rating on the stock.
• 5/11/2026 – PBF Energy had its “sell (d-)” rating reaffirmed by Weiss Ratings.
• 5/8/2026 – PBF Energy was upgraded by Zacks Research from “hold” to “strong-buy”.

PBF Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 14th were paid a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Thursday, May 14th. PBF Energy’s payout ratio is presently 29.65%.

Insider Buying and Selling

In related news, insider Control Empresarial De Capital sold 570,000 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $46.36, for a total transaction of $26,425,200.00. Following the completion of the sale, the insider directly owned 17,142,128 shares of the company’s stock, valued at approximately $794,709,054.08. This trade represents a 3.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 2,591,570 shares of company stock worth $116,190,986 over the last ninety days. 5.50% of the stock is owned by insiders.

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.