Bull Harbor Capital LLC purchased a new stake in HF Sinclair Corporation (NYSE:DINO – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 9,300 shares of the company’s stock, valued at approximately $580,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. South Dakota Investment Council lifted its holdings in shares of HF Sinclair by 94.9% in the first quarter. South Dakota Investment Council now owns 28,621 shares of the company’s stock valued at $1,786,000 after purchasing an additional 13,935 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in HF Sinclair by 19.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 8,335 shares of the company’s stock valued at $520,000 after buying an additional 1,381 shares during the last quarter. California State Teachers Retirement System lifted its stake in HF Sinclair by 22.9% during the 1st quarter. California State Teachers Retirement System now owns 185,360 shares of the company’s stock valued at $11,565,000 after acquiring an additional 34,564 shares in the last quarter. Empowered Funds LLC lifted its stake in HF Sinclair by 88.6% during the 1st quarter. Empowered Funds LLC now owns 202,057 shares of the company’s stock valued at $12,606,000 after acquiring an additional 94,908 shares in the last quarter. Finally, Energy Income Partners LLC boosted its holdings in HF Sinclair by 3.3% during the 1st quarter. Energy Income Partners LLC now owns 34,915 shares of the company’s stock worth $2,178,000 after acquiring an additional 1,126 shares during the last quarter. 88.29% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several analysts have recently commented on DINO shares. TD Cowen increased their target price on shares of HF Sinclair from $79.00 to $98.00 and gave the company a “hold” rating in a report on Tuesday, July 21st. Wall Street Zen upgraded shares of HF Sinclair from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Morgan Stanley boosted their target price on HF Sinclair from $69.00 to $78.00 and gave the stock an “overweight” rating in a research note on Friday, June 12th. UBS Group increased their price target on HF Sinclair from $65.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Finally, Scotiabank boosted their price objective on HF Sinclair from $53.00 to $54.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $80.75.
HF Sinclair Stock Performance
Shares of DINO stock opened at $92.56 on Friday. The stock has a market capitalization of $16.69 billion, a P/E ratio of 8.83 and a beta of 0.72. The firm’s 50 day moving average is $75.38 and its 200 day moving average is $64.31. HF Sinclair Corporation has a 12 month low of $42.16 and a 12 month high of $94.22. The company has a current ratio of 1.79, a quick ratio of 0.88 and a debt-to-equity ratio of 0.28.
HF Sinclair (NYSE:DINO – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $5.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.49 by $0.82. The company had revenue of $10.39 billion for the quarter, compared to analyst estimates of $8.68 billion. HF Sinclair had a return on equity of 18.62% and a net margin of 6.13%.The firm’s revenue for the quarter was up 53.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.10 EPS. On average, sell-side analysts anticipate that HF Sinclair Corporation will post 11.15 earnings per share for the current year.
HF Sinclair Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.525 per share. This is an increase from HF Sinclair’s previous quarterly dividend of $0.50. The ex-dividend date is Tuesday, August 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.3%. HF Sinclair’s dividend payout ratio (DPR) is presently 30.08%.
Insider Activity at HF Sinclair
In related news, Director Rhoman J. Hardy purchased 1,508 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was acquired at an average price of $66.32 per share, with a total value of $100,010.56. Following the purchase, the director directly owned 15,037 shares in the company, valued at approximately $997,253.84. This represents a 11.15% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Vivek Garg sold 717 shares of the stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $71.89, for a total value of $51,545.13. Following the completion of the transaction, the chief financial officer directly owned 11,475 shares in the company, valued at approximately $824,937.75. This represents a 5.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 13,736 shares of company stock valued at $954,694 in the last ninety days. 0.26% of the stock is currently owned by corporate insiders.
HF Sinclair News Roundup
Here are the key news stories impacting HF Sinclair this week:
- Positive Sentiment: Strong Q2 earnings beat: HF Sinclair reported adjusted earnings of $5.31 per share, exceeding the $4.49 consensus estimate, while revenue reached $10.39 billion, up 53.2% year over year and ahead of expectations. Stronger refining margins and higher throughput were key drivers. DINO Q2 Earnings Beat Estimates on Refining Strength and Higher Volumes
- Positive Sentiment: Lubricants spinoff could unlock value: Management is advancing a tax-efficient separation of its Lubricants & Specialties business, including products associated with the DINO motor-oil brand. Investors may view the transaction as a way to sharpen the company’s focus and create value for shareholders. DINO Q2 Earnings Call Focuses on Lubricants Split Plan
- Positive Sentiment: Momentum remains favorable: Zacks highlighted DINO as a highly rated momentum stock, while coverage noted that it has outperformed broader oils-and-energy comparisons this year. The earnings surprise and strong operating trends have helped propel shares toward a new 1-year high. Why HF Sinclair Is a Top Momentum Stock for the Long-Term
- Neutral Sentiment: Valuation debate: DINO’s low earnings multiple and improving estimates support the value case, but one analysis concluded that the post-earnings move and spinoff expectations may already reflect much of the anticipated benefit. HF Sinclair After Earnings Jump and Spinoff Plan Looks Fully Valued
- Negative Sentiment: Analyst downgrade: Freedom Capital cut HF Sinclair from “hold” to “strong sell,” providing a bearish counterpoint to the strong earnings and momentum narrative. Zacks analyst rating report
About HF Sinclair
HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.
The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.
Featured Stories
- Five stocks we like better than HF Sinclair
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Want to see what other hedge funds are holding DINO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HF Sinclair Corporation (NYSE:DINO – Free Report).
Receive News & Ratings for HF Sinclair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HF Sinclair and related companies with MarketBeat.com's FREE daily email newsletter.
