iA Global Asset Management Inc. Has $5 Million Stake in Valero Energy Corporation $VLO

iA Global Asset Management Inc. increased its position in shares of Valero Energy Corporation (NYSE:VLO) by 200.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 30,715 shares of the oil and gas company’s stock after purchasing an additional 20,497 shares during the period. iA Global Asset Management Inc.’s holdings in Valero Energy were worth $5,000,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VLO. Arrowstreet Capital Limited Partnership acquired a new position in shares of Valero Energy in the third quarter valued at $275,239,000. Pacer Advisors Inc. increased its holdings in shares of Valero Energy by 2,635.7% in the fourth quarter. Pacer Advisors Inc. now owns 950,527 shares of the oil and gas company’s stock valued at $154,736,000 after purchasing an additional 915,782 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Valero Energy by 5.0% in the third quarter. Franklin Resources Inc. now owns 5,273,517 shares of the oil and gas company’s stock valued at $897,869,000 after purchasing an additional 249,195 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Valero Energy by 13.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,929,599 shares of the oil and gas company’s stock valued at $328,534,000 after purchasing an additional 226,167 shares during the last quarter. Finally, Voloridge Investment Management LLC increased its holdings in shares of Valero Energy by 96.5% in the third quarter. Voloridge Investment Management LLC now owns 444,919 shares of the oil and gas company’s stock valued at $75,752,000 after purchasing an additional 218,448 shares during the last quarter. 78.69% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on VLO. Citigroup upped their price objective on shares of Valero Energy from $246.00 to $259.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Wall Street Zen upgraded shares of Valero Energy from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 4th. BMO Capital Markets upped their price objective on shares of Valero Energy from $230.00 to $270.00 and gave the company an “outperform” rating in a report on Monday, April 6th. Morgan Stanley upped their price objective on shares of Valero Energy from $182.00 to $222.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Finally, Wells Fargo & Company upped their price objective on shares of Valero Energy from $220.00 to $292.00 and gave the company an “overweight” rating in a report on Tuesday, March 31st. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $237.94.

Valero Energy Trading Down 0.2%

Shares of Valero Energy stock opened at $250.34 on Monday. The company has a market capitalization of $74.33 billion, a price-to-earnings ratio of 18.19, a PEG ratio of 0.35 and a beta of 0.58. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 0.39. Valero Energy Corporation has a 12-month low of $125.10 and a 12-month high of $258.43. The firm’s 50-day moving average price is $238.98 and its two-hundred day moving average price is $201.87.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $1.06. The firm had revenue of $32.38 billion for the quarter, compared to the consensus estimate of $31.38 billion. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.89 earnings per share. On average, analysts forecast that Valero Energy Corporation will post 28.26 earnings per share for the current fiscal year.

Valero Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Thursday, May 21st will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Thursday, May 21st. Valero Energy’s dividend payout ratio is presently 34.88%.

Insider Transactions at Valero Energy

In other Valero Energy news, SVP Eric A. Fisher sold 400 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $238.60, for a total transaction of $95,440.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.36% of the stock is owned by insiders.

Key Stories Impacting Valero Energy

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

• Positive Sentiment: Scotiabank raised its earnings estimates for Valero Energy, lifting FY2026 EPS to $27.10 from $25.85 and FY2027 EPS to $26.15 from $24.80, while keeping a Sector Outperform rating and a $226 target price.
• Positive Sentiment: Several recent writeups highlighted Valero’s refining flexibility, higher export volumes, and strong margins, saying tight global fuel supply continues to support profitability and has helped drive the stock’s strong year-long outperformance. Yahoo Finance article
• Positive Sentiment: Market commentary also pointed to a historic SPR-related pricing dislocation creating an arbitrage opportunity for refiners like Valero, which could support near-term refining economics. MarketBeat article
• Neutral Sentiment: Analyst-target articles suggest Wall Street remains moderately optimistic, but they do not add a new catalyst beyond the already favorable refining backdrop. Barchart article

About Valero Energy

Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.

In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.