Several brokerages have updated their recommendations and price targets on shares of PBF Energy (NYSE: PBF) in the last few weeks:
- 10/22/2026 – PBF Energy had its price target raised by TD Cowen from $73.00 to $75.00. They now have a “hold” rating on the stock.
- 10/9/2026 – PBF Energy had its price target raised by The Goldman Sachs Group from $81.00 to $91.00. They now have a “neutral” rating on the stock.
- 10/8/2026 – PBF Energy was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 10/8/2026 – PBF Energy had its price target raised by Mizuho from $65.00 to $89.00. They now have a “neutral” rating on the stock.
- 10/6/2026 – PBF Energy had its price target raised by Citigroup from $74.00 to $91.00. They now have a “neutral” rating on the stock.
- 10/5/2026 – PBF Energy had its “buy” rating reaffirmed by UBS Group. They now have a $99.00 price target on the stock.
- 10/1/2026 – PBF Energy had its “market perform” rating reaffirmed by BMO Capital Markets.
- 10/1/2026 – PBF Energy had its “hold” rating reaffirmed by TD Cowen.
- 9/22/2026 – PBF Energy was upgraded by Weiss Ratings from “sell (d-)” to “buy (b-)”.
- 9/14/2026 – PBF Energy had its price target raised by Morgan Stanley from $38.00 to $76.00. They now have an “underweight” rating on the stock.
PBF Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were given a $0.2750 dividend. The ex-dividend date was Friday, August 14th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.4%. PBF Energy’s payout ratio is presently 9.73%.
Insider Buying and Selling at PBF Energy
In related news, insider Control Empresarial De Capital sold 490,000 shares of the firm’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $71.26, for a total value of $34,917,400.00. Following the sale, the insider directly owned 14,992,128 shares of the company’s stock, valued at $1,068,339,041.28. This trade represents a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Matthew C. Lucey sold 225,473 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $71.92, for a total value of $16,216,018.16. Following the transaction, the chief executive officer owned 495,771 shares in the company, valued at approximately $35,655,850.32. This represents a 31.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 4,146,374 shares of company stock worth $304,686,537. 5.50% of the stock is currently owned by company insiders.
PBF Energy Inc (NYSE:PBF) is an independent petroleum refiner and supplier of transportation fuels, heating oil, petrochemical feedstocks, lubricants, asphalt and other refined petroleum products. The company purchases crude oil and other feedstocks, processes them at its refineries, and sells the resulting products to branded and unbranded fuel retailers, distributors, wholesalers and commercial customers.
PBF operates refineries in several major U.S. refining regions, including the East Coast, Midwest, Gulf Coast and West Coast.
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