JPMorgan Chase & Co. Has $16.65 Million Stock Position in PBF Energy Inc. $PBF

JPMorgan Chase & Co. reduced its position in shares of PBF Energy Inc. (NYSE:PBF) by 46.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 551,849 shares of the oil and gas company’s stock after selling 482,748 shares during the period. JPMorgan Chase & Co.’s holdings in PBF Energy were worth $16,649,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Invesco Ltd. raised its holdings in PBF Energy by 147.4% in the 3rd quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock worth $83,639,000 after acquiring an additional 1,651,516 shares during the period. AQR Capital Management LLC boosted its holdings in PBF Energy by 20.1% during the third quarter. AQR Capital Management LLC now owns 2,503,283 shares of the oil and gas company’s stock valued at $75,524,000 after acquiring an additional 418,223 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in PBF Energy by 2,198.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,212,368 shares of the oil and gas company’s stock valued at $36,577,000 after acquiring an additional 1,159,628 shares during the period. Voloridge Investment Management LLC grew its position in shares of PBF Energy by 27.1% in the third quarter. Voloridge Investment Management LLC now owns 1,155,303 shares of the oil and gas company’s stock valued at $34,855,000 after purchasing an additional 246,429 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of PBF Energy by 26.8% in the second quarter. Bank of America Corp DE now owns 1,143,521 shares of the oil and gas company’s stock valued at $24,780,000 after purchasing an additional 241,773 shares during the last quarter. 96.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at PBF Energy

In related news, insider Control Empresarial De Capital sold 1,100,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $46.21, for a total value of $50,831,000.00. Following the sale, the insider owned 22,996,898 shares of the company’s stock, valued at $1,062,686,656.58. The trade was a 4.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 8,328,600 shares of company stock worth $343,335,936. 5.30% of the stock is owned by company insiders.

PBF Energy Stock Performance

NYSE PBF opened at $49.34 on Thursday. PBF Energy Inc. has a twelve month low of $13.61 and a twelve month high of $50.64. The company has a quick ratio of 0.51, a current ratio of 1.21 and a debt-to-equity ratio of 0.40. The stock has a market cap of $5.77 billion, a P/E ratio of -33.56, a PEG ratio of 5.33 and a beta of 0.41. The company’s 50-day simple moving average is $37.45 and its 200 day simple moving average is $33.57.

PBF Energy (NYSE:PBF) last announced its quarterly earnings results on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.64. The firm had revenue of $7.14 billion during the quarter, compared to analysts’ expectations of $7.17 billion. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. The company’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter last year, the company earned ($2.82) earnings per share. As a group, research analysts forecast that PBF Energy Inc. will post -1.12 earnings per share for the current fiscal year.

PBF Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were given a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Wednesday, February 25th. PBF Energy’s dividend payout ratio (DPR) is -74.83%.

More PBF Energy News

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

• Positive Sentiment: PBF has recently rallied to a one‑year high as an energy sector upswing (partly driven by geopolitical tensions) lifted refiners, supporting upside momentum. PBF Energy (PBF) Soars to 1-year High on Energy Rally Spillover
• Positive Sentiment: Short interest dropped ~30% in March (to ~15.3M shares), lowering immediate short‑covering risk and reducing one source of downward pressure; days‑to‑cover is ~3.0. (This reduction can support the stock if sentiment remains positive.)
• Neutral Sentiment: PBF set a new 12‑month high in recent trading, signaling strong near‑term investor interest but also increasing the chance of profit‑taking. PBF Energy (NYSE:PBF) Sets New 12-Month High – Time to Buy?
• Neutral Sentiment: PBF announced it will report Q1 2026 results on April 30 — an event that could drive volatility and reprice the stock depending on margins, crack spreads and throughput. PBF Energy to Release First Quarter 2026 Earnings Results
• Neutral Sentiment: An industry/operations note suggests PBF’s refining footprint and operations are tracking with broader NYSE Composite trends — context for relative performance versus peers. PBF Energy (NYSE:PBF) Refining Operations Align With Nyse Composite
• Negative Sentiment: Insider selling: major shareholder Control Empresarial De Capital sold 812,000 shares across two recent transactions (Mar. 20 & Mar. 23) for roughly $38.8M combined, trimming its stake by a few percentage points — a potentially negative signal for sentiment. SEC filing: SEC Form 4
• Negative Sentiment: Analyst commentary cautions that refiners can see swings driven more by crack spreads than crude prices; MarketBeat highlights potential reasons to take gains if crack spreads normalize — a factor that could pressure PBF after the recent run. As Energy Surges on Crack Spreads, Consider Taking Gains on 2 Small Cap Oil Stocks

Analyst Ratings Changes

PBF has been the subject of several research analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of PBF Energy in a research report on Monday, December 29th. Tudor Pickering raised PBF Energy from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $34.00 price target on shares of PBF Energy in a research report on Monday, January 5th. Citigroup upped their price target on PBF Energy from $29.00 to $36.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Finally, The Goldman Sachs Group increased their price objective on PBF Energy from $33.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $31.69.

PBF Energy 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.