PBF Energy Inc. (NYSE:PBF) Short Interest Down 30.1% in March

PBF Energy Inc. (NYSE:PBF) was the target of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 15,290,981 shares, a decline of 30.1% from the February 26th total of 21,889,010 shares. Based on an average daily volume of 5,113,613 shares, the days-to-cover ratio is currently 3.0 days. Approximately 14.0% of the company’s stock are short sold.

PBF Energy Stock Performance

Shares of NYSE PBF traded up $0.82 during mid-day trading on Friday, hitting $51.19. The stock had a trading volume of 3,167,726 shares, compared to its average volume of 4,747,710. The firm has a market cap of $5.99 billion, a PE ratio of -34.82, a PEG ratio of 0.64 and a beta of 0.41. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.51 and a current ratio of 1.21. The company has a 50 day moving average of $38.27 and a two-hundred day moving average of $33.87. PBF Energy has a twelve month low of $13.61 and a twelve month high of $51.80.

PBF Energy (NYSE:PBF) last posted its quarterly earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.64. The business had revenue of $7.14 billion for the quarter, compared to the consensus estimate of $7.17 billion. PBF Energy had a negative return on equity of 8.86% and a negative net margin of 0.54%.The company’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($2.82) EPS. Research analysts predict that PBF Energy will post -1.12 EPS for the current fiscal year.

PBF Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were given a $0.275 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $1.10 dividend on an annualized basis and a yield of 2.1%. PBF Energy’s dividend payout ratio is currently -74.83%.

Analysts Set New Price Targets

Several brokerages recently issued reports on PBF. Tudor Pickering raised PBF Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, February 13th. The Goldman Sachs Group raised their price target on PBF Energy from $33.00 to $41.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. Weiss Ratings restated a “sell (d)” rating on shares of PBF Energy in a research note on Monday, December 29th. Piper Sandler increased their price objective on shares of PBF Energy from $41.00 to $42.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $34.00 target price on shares of PBF Energy in a research note on Monday, January 5th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned 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.

Insider Transactions at PBF Energy

In other news, insider Control Empresarial De Capital sold 1,100,000 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $46.21, for a total transaction of $50,831,000.00. Following the transaction, the insider directly owned 22,996,898 shares of the company’s stock, valued at approximately $1,062,686,656.58. This represents a 4.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 9,598,799 shares of company stock valued at $406,300,229 over the last 90 days. 5.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On PBF Energy

A number of institutional investors have recently bought and sold shares of the business. Merit Financial Group LLC boosted its stake in shares of PBF Energy by 3.0% in the third quarter. Merit Financial Group LLC now owns 9,575 shares of the oil and gas company’s stock valued at $289,000 after purchasing an additional 276 shares during the period. Verdence Capital Advisors LLC increased its stake in PBF Energy by 2.5% during the 3rd quarter. Verdence Capital Advisors LLC now owns 14,287 shares of the oil and gas company’s stock worth $478,000 after buying an additional 348 shares during the period. Arizona State Retirement System lifted its holdings in PBF Energy by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 25,666 shares of the oil and gas company’s stock worth $774,000 after buying an additional 353 shares in the last quarter. Next Level Private LLC lifted its holdings in 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 worth $1,808,000 after buying an additional 378 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in PBF Energy by 1.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 28,617 shares of the oil and gas company’s stock valued at $863,000 after buying an additional 432 shares during the period. 96.29% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting PBF Energy

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

• Positive Sentiment: Management and analysts pointing to a recovering margin environment as the core fundamental story supporting recent gains; commentary suggests operating improvements are sustaining the one‑year rally. PBF Energy SVP Trimmed His Position — A Recovering Margin Environment Is the Real Story
• Neutral Sentiment: Market commentary is asking whether PBF’s 181% one‑year surge leaves upside limited or whether momentum and margin recovery can continue; this debate is keeping sentiment mixed rather than decisively bullish. Is It Too Late To Consider PBF Energy (PBF) After Its 181% One-Year Surge?
• Negative Sentiment: Control Empresarial De Capital sold 687,500 PBF shares (~$34.0M at ~$49.49), reducing its stake and increasing free float — a sizable block sale that can pressure the stock. Control Empresarial De Capital Sells 687,500 Shares
• Negative Sentiment: Control Empresarial De Capital also sold 469,700 shares (~$23.2M at ~$49.44) in a separate filing, further signaling insider/major‑holder liquidity taking place this week. PBF Energy Insider Control Empresarial De Capital Sells 469,700 Shares
• Negative Sentiment: Director Thomas J. Nimbley sold 50,000 shares for about $2.57M, trimming his position — another insider sale disclosed this week. PBF Energy (NYSE:PBF) Director Sells $2,568,000.00 in Stock
• Negative Sentiment: SVP Trecia M. Canty sold 62,999 shares (~$3.15M at $50.00), a near‑25% reduction in her holding, disclosed via SEC filing — adds to the pattern of insiders monetizing gains. Trecia M. Canty SEC Filing

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.