Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) Lowered to Hold Rating by Wall Street Zen

Wall Street Zen lowered shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) from a buy rating to a hold rating in a research report report published on Saturday.

Other equities analysts have also recently issued research reports about the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a research report on Monday, December 29th. UBS Group upped their target price on Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the company a “buy” rating in a report on Wednesday, January 14th. The Goldman Sachs Group lifted their price target on Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Finally, Jefferies Financial Group cut Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating and cut their price objective for the stock from $20.30 to $19.00 in a research report on Friday. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $16.20.

Petroleo Brasileiro S.A.- Petrobras Price Performance

Shares of NYSE PBR opened at $18.57 on Friday. The company has a market capitalization of $119.65 billion, a PE ratio of 6.11, a P/E/G ratio of 0.18 and a beta of 0.51. The company has a quick ratio of 0.57, a current ratio of 0.71 and a debt-to-equity ratio of 0.76. Petroleo Brasileiro S.A.- Petrobras has a twelve month low of $11.03 and a twelve month high of $19.29. The firm has a fifty day simple moving average of $15.07 and a 200 day simple moving average of $13.28.

Petroleo Brasileiro S.A.- Petrobras Announces Dividend

The business also recently announced a special dividend, which will be paid on Thursday, May 28th. Shareholders of record on Friday, April 24th will be issued a dividend of $0.1191 per share. The ex-dividend date of this dividend is Friday, April 24th. Petroleo Brasileiro S.A.- Petrobras’s payout ratio is presently 13.16%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. World Investment Advisors increased its stake in Petroleo Brasileiro S.A.- Petrobras by 26.4% in the 4th quarter. World Investment Advisors now owns 19,365 shares of the oil and gas exploration company’s stock worth $229,000 after acquiring an additional 4,043 shares during the last quarter. Fearnley Asset Management AS bought a new stake in shares of Petroleo Brasileiro S.A.- Petrobras during the 4th quarter valued at about $17,590,000. Larch Capital Partners LLC purchased a new position in shares of Petroleo Brasileiro S.A.- Petrobras during the fourth quarter worth about $7,714,000. Empowered Funds LLC grew its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 39.5% during the fourth quarter. Empowered Funds LLC now owns 17,079 shares of the oil and gas exploration company’s stock worth $202,000 after purchasing an additional 4,839 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Petroleo Brasileiro S.A.- Petrobras by 40.1% in the fourth quarter. Wellington Management Group LLP now owns 935,559 shares of the oil and gas exploration company’s stock worth $11,086,000 after purchasing an additional 267,859 shares during the last quarter.

Key Headlines Impacting Petroleo Brasileiro S.A.- Petrobras

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

• Positive Sentiment: Petrobras will raise diesel prices to distributors by 0.38 reais per liter starting March 14, which should help near‑term revenue and margins after the recent oil shock. Brazil’s Petrobras to raise diesel prices after oil shock
• Positive Sentiment: Petrobras signed a $736 million deal with Oceanica for six offshore support vessels to expand subsea inspection, maintenance and intervention capacity across Brazil’s offshore fields — a capex push that supports sustained production and field uptime. Petrobras Inks $736 Million Offshore Vessel Contracts With Oceanica
• Positive Sentiment: P‑78 FPSO achieved first gas injection just 61 days after first oil, which should lift output at the Buzios pre‑salt field and support production guidance. This operational milestone reduces execution risk on growth projects. Petrobras Achieves Key Milestone With P-78 FPSO’s First Gas Injection
• Positive Sentiment: Goldman Sachs reaffirmed a buy on Petrobras, adding institutional support to the thesis that the company can deliver on upstream growth and cash generation. Goldman Sachs Remains a Buy on Petroleo Brasileiro SA- Petrobras (PBR)
• Neutral Sentiment: Long‑term performance write‑ups highlight how a decade‑long investment in Petrobras would have performed — useful context for long‑term investors but not an immediate price driver. Here’s How Much a $1000 Investment in Petrobras Made 10 Years Ago Would Be Worth Today
• Neutral Sentiment: Macro commentary on Brazil ETF (EWZ) and oil prices underscores that Petrobras remains highly correlated to oil — positive for upside if oil stays elevated, but also increases volatility risk. If Oil Holds Above $90, EWZ Investors Are Going To Be In For A Wild Ride
• Negative Sentiment: Petrobras’ board approved joining Brazil’s newly announced diesel commercialization subsidy program (pending regulator details). Investors often view government subsidy programs as a potential source of political interference or margin constraints unless compensation terms fully protect the company. Petrobras Joins Brazil’s Diesel Subsidy Program to Stabilize Prices
• Negative Sentiment: Jefferies downgraded Petrobras from buy to hold and trimmed its price target to $19 (from $20.30), signaling more cautious near‑term expectations and reducing some analyst momentum. Jefferies downgrades Petrobras

About Petroleo Brasileiro S.A.- Petrobras

Petróleo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil’s energy sector and is a listed public company with global capital market presence.

Petrobras’s core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil’s coast.