Control Empresarial De Capital Sells 120,000 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 120,000 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $74.79, for a total transaction of $8,974,800.00. Following the transaction, the insider owned 14,285,397 shares in the company, valued at $1,068,404,841.63. The trade was a 0.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Friday, August 14th, Control Empresarial De Capital sold 6,356 shares of PBF Energy stock. The shares were sold at an average price of $74.28, for a total transaction of $472,123.68.
• On Thursday, August 13th, Control Empresarial De Capital sold 210,000 shares of PBF Energy stock. The shares were sold at an average price of $72.18, for a total transaction of $15,157,800.00.
• On Wednesday, August 12th, Control Empresarial De Capital sold 150,000 shares of PBF Energy stock. The stock was sold at an average price of $70.13, for a total value of $10,519,500.00.
• On Tuesday, August 11th, Control Empresarial De Capital sold 220,375 shares of PBF Energy stock. The stock was sold at an average price of $68.68, for a total value of $15,135,355.00.
• On Thursday, July 30th, Control Empresarial De Capital sold 490,000 shares of PBF Energy stock. The stock was sold at an average price of $71.26, for a total value of $34,917,400.00.
• On Monday, July 20th, Control Empresarial De Capital sold 220,000 shares of PBF Energy stock. The shares were sold at an average price of $63.96, for a total value of $14,071,200.00.
• On Friday, July 10th, Control Empresarial De Capital sold 100,000 shares of PBF Energy stock. The stock was sold at an average price of $54.52, for a total value of $5,452,000.00.
• On Thursday, July 9th, Control Empresarial De Capital sold 270,000 shares of PBF Energy stock. The stock was sold at an average price of $53.18, for a total value of $14,358,600.00.
• On Wednesday, July 8th, Control Empresarial De Capital sold 380,000 shares of PBF Energy stock. The shares were sold at an average price of $52.29, for a total value of $19,870,200.00.
• On Monday, July 6th, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The shares were sold at an average price of $49.14, for a total value of $9,828,000.00.

PBF Energy Trading Down 5.9%

Shares of PBF stock opened at $69.52 on Friday. PBF Energy Inc. has a fifty-two week low of $22.13 and a fifty-two week high of $75.68. The stock has a market cap of $8.24 billion, a P/E ratio of 6.15, a P/E/G ratio of 0.08 and a beta of 0.10. The business has a fifty day simple moving average of $56.91 and a 200-day simple moving average of $46.60. The company has a quick ratio of 0.67, a current ratio of 1.33 and a debt-to-equity ratio of 0.27.

PBF Energy (NYSE:PBF) last released its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $6.22 EPS for the quarter, topping the consensus estimate of $4.15 by $2.07. PBF Energy had a net margin of 3.94% and a return on equity of 11.27%. The business had revenue of $11.68 billion for the quarter, compared to analyst estimates of $9.61 billion. During the same period in the previous year, the firm earned ($1.03) EPS. The business’s revenue for the quarter was up 56.2% compared to the same quarter last year. On average, analysts forecast that PBF Energy Inc. will post 15.74 earnings per share for the current fiscal year.

PBF Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a dividend of $0.275 per share. The ex-dividend date is Friday, August 14th. This represents a $1.10 dividend on an annualized basis and a yield of 1.6%. PBF Energy’s payout ratio is presently 9.73%.

Institutional Investors Weigh In On PBF Energy

Hedge funds have recently modified their holdings of the company. Leonteq Securities AG acquired a new position in shares of PBF Energy in the first quarter valued at approximately $33,000. Torren Management LLC acquired a new stake in PBF Energy during the fourth quarter worth approximately $30,000. Los Angeles Capital Management LLC purchased a new stake in PBF Energy in the 4th quarter worth approximately $31,000. Smartleaf Asset Management LLC raised its holdings in PBF Energy by 65.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,466 shares of the oil and gas company’s stock valued at $38,000 after acquiring an additional 579 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new position in PBF Energy in the 4th quarter valued at $57,000. 96.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PBF has been the topic of several research reports. Mizuho increased their price target on shares of PBF Energy from $57.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, August 4th. Zacks Research upgraded PBF Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. TD Cowen upped their target price on PBF Energy from $39.00 to $68.00 and gave the company a “hold” rating in a research note on Tuesday, July 21st. Morgan Stanley increased their target price on PBF Energy from $34.00 to $38.00 and gave the company an “underweight” rating in a report on Friday, June 12th. Finally, Citigroup raised their price target on PBF Energy from $65.00 to $74.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, PBF Energy currently has a consensus rating of “Reduce” and an average target price of $50.92.

PBF Energy News Roundup

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

• Positive Sentiment: Goldman Sachs raised its price target for PBF Energy from $71 to $81, signaling potential upside despite maintaining a neutral rating. The company’s recent earnings also provide support: quarterly EPS of $6.22 exceeded the $4.15 consensus estimate, while revenue rose 56.2% year over year to $11.68 billion.
• Positive Sentiment: PBF Energy’s operating outlook remains supported by tight fuel supplies, elevated gasoline prices and the completed restart of its Martinez refinery. Analysts expect approximately $15.74 in EPS for the current fiscal year, and the company recently declared a $0.275 quarterly dividend.
• Neutral Sentiment: Growth-oriented screens continue to highlight PBF Energy’s improving financial performance and relatively low valuation. However, refining profits are cyclical, and the broader analyst consensus remains cautious, with a “Reduce” rating and a consensus target price below the recent trading range. PBF Energy Growth Stock Analysis
• Negative Sentiment: Director Thomas Nimbley reported sales totaling 341,008 shares across August 17–19, worth approximately $25.4 million. The transactions materially reduced his reported position and may be interpreted as profit-taking or a signal of caution after the stock’s sharp rally. Thomas Nimbley Insider Sale
• Negative Sentiment: Control Empresarial de Capital also sold 120,000 PBF Energy shares for approximately $9.0 million. The clustering of sizable insider sales increases near-term supply and reinforces concerns that current refining margins and earnings may not be sustainable at peak levels. PBF Energy Insider Trading News

PBF Energy Company Profile

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.