Control Empresarial De Capital Sells 200,000 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 200,000 shares of PBF Energy stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $42.79, for a total transaction of $8,558,000.00. Following the completion of the sale, the insider directly owned 17,712,128 shares in the company, valued at approximately $757,901,957.12. This represents a 1.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Thursday, June 25th, Control Empresarial De Capital sold 205,570 shares of PBF Energy stock. The shares were sold at an average price of $42.01, for a total transaction of $8,635,995.70.
• On Friday, June 5th, Control Empresarial De Capital sold 100,000 shares of PBF Energy stock. The stock was sold at an average price of $43.17, for a total transaction of $4,317,000.00.
• On Wednesday, June 3rd, Control Empresarial De Capital sold 220,000 shares of PBF Energy stock. The stock was sold at an average price of $43.58, for a total transaction of $9,587,600.00.
• On Tuesday, June 2nd, Control Empresarial De Capital sold 31,000 shares of PBF Energy stock. The shares were sold at an average price of $43.56, for a total value of $1,350,360.00.
• On Monday, May 4th, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The shares were sold at an average price of $44.87, for a total value of $8,974,000.00.
• On Tuesday, May 5th, Control Empresarial De Capital sold 220,000 shares of PBF Energy stock. The stock was sold at an average price of $45.91, for a total value of $10,100,200.00.
• On Thursday, April 30th, Control Empresarial De Capital sold 3,000 shares of PBF Energy stock. The stock was sold at an average price of $44.41, for a total value of $133,230.00.
• On Wednesday, April 29th, Control Empresarial De Capital sold 362,000 shares of PBF Energy stock. The shares were sold at an average price of $43.50, for a total value of $15,747,000.00.
• On Tuesday, April 7th, Control Empresarial De Capital sold 70,000 shares of PBF Energy stock. The shares were sold at an average price of $47.10, for a total value of $3,297,000.00.
• On Monday, April 6th, Control Empresarial De Capital sold 130,000 shares of PBF Energy stock. The stock was sold at an average price of $46.18, for a total value of $6,003,400.00.

PBF Energy Stock Down 2.1%

PBF stock opened at $45.44 on Wednesday. The stock has a fifty day moving average of $41.23 and a 200-day moving average of $38.02. PBF Energy Inc. has a fifty-two week low of $21.24 and a fifty-two week high of $52.18. The company has a market capitalization of $5.38 billion, a price-to-earnings ratio of 12.25, a PEG ratio of 0.15 and a beta of 0.12. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.62 and a current ratio of 1.31.

PBF Energy (NYSE:PBF) last announced its quarterly earnings data on Thursday, April 30th. The oil and gas company reported ($0.88) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.79) by ($0.09). The firm had revenue of $7.90 billion during the quarter, compared to the consensus estimate of $7.32 billion. PBF Energy had a net margin of 1.46% and a negative return on equity of 4.12%. The company’s revenue was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($3.53) earnings per share. As a group, equities research analysts predict that PBF Energy Inc. will post 7.69 earnings per share for the current year.

PBF Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 14th were issued a $0.275 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.10 annualized dividend and a yield of 2.4%. PBF Energy’s dividend payout ratio (DPR) is 29.65%.

Institutional Investors Weigh In On PBF Energy

Several large investors have recently added to or reduced their stakes in PBF. Parallel Advisors LLC grew its position in PBF Energy by 6.8% during the first quarter. Parallel Advisors LLC now owns 3,781 shares of the oil and gas company’s stock worth $180,000 after buying an additional 242 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of PBF Energy by 3.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,850 shares of the oil and gas company’s stock valued at $326,000 after acquiring an additional 260 shares in the last quarter. Merit Financial Group LLC raised its holdings in shares of PBF Energy by 3.4% in the 4th quarter. Merit Financial Group LLC now owns 9,900 shares of the oil and gas company’s stock valued at $268,000 after acquiring an additional 325 shares in the last quarter. Next Level Private LLC boosted its position in shares of PBF Energy by 0.6% during the 4th quarter. Next Level Private LLC now owns 66,660 shares of the oil and gas company’s stock valued at $1,808,000 after acquiring an additional 378 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of PBF Energy by 5.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 7,885 shares of the oil and gas company’s stock valued at $375,000 after acquiring an additional 383 shares during the last quarter. Institutional investors own 96.29% of the company’s stock.

PBF Energy News Summary

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

• Positive Sentiment: Analysts are raising earnings estimates for PBF Energy, which suggests improving near-term upside potential and is likely helping the stock move higher. Surging Earnings Estimates Signal Upside for PBF Energy (PBF) Stock
• Positive Sentiment: PBF Energy has been one of the top-performing energy stocks over the past month, reflecting strong recent momentum in refiners and broader sector strength. PBF Energy is the top performing stock in the energy sector over the past month
• Neutral Sentiment: Recent commentary notes PBF Energy remains well-followed by institutions and analysts, but the overall Street view is still mixed, with a consensus rating near “Reduce,” so sentiment is not uniformly bullish.
• Negative Sentiment: Control Empresarial De Capital disclosed additional insider sales of 200,000 and 205,570 shares near the low-to-mid $42 range, which can weigh on investor sentiment by signaling that a major holder is trimming exposure. PBF Energy (NYSE:PBF) Insider Control Empresarial De Capital Sells 200,000 Shares of Stock

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on PBF shares. Citigroup increased their target price on PBF Energy from $36.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Morgan Stanley lifted their price target on PBF Energy from $34.00 to $38.00 and gave the company an “underweight” rating in a research report on Friday, June 12th. TD Cowen upgraded PBF Energy from a “sell” rating to a “hold” rating and boosted their price objective for the company from $36.00 to $39.00 in a research note on Monday. Mizuho increased their price objective on PBF Energy from $43.00 to $48.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Finally, Wall Street Zen downgraded PBF Energy from a “buy” rating to a “hold” rating in a research note on Sunday. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $36.69.

About PBF Energy

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.