PBF Energy (NYSE:PBF) Insider Sells $10,148,000.00 in Stock

PBF Energy Inc. (NYSE:PBFGet Free Report) insider Control Empresarial De Capital sold 200,000 shares of PBF Energy stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $50.74, for a total value of $10,148,000.00. Following the completion of the sale, the insider owned 19,453,698 shares in the company, valued at approximately $987,080,636.52. This represents a 1.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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

  • On Friday, March 27th, Control Empresarial De Capital sold 600,000 shares of PBF Energy stock. The shares were sold at an average price of $50.52, for a total value of $30,312,000.00.
  • On Thursday, March 26th, Control Empresarial De Capital sold 637,000 shares of PBF Energy stock. The stock was sold at an average price of $49.96, for a total value of $31,824,520.00.
  • On Monday, March 30th, Control Empresarial De Capital sold 85,000 shares of PBF Energy stock. The stock was sold at an average price of $51.14, for a total value of $4,346,900.00.
  • On Wednesday, March 25th, Control Empresarial De Capital sold 469,700 shares of PBF Energy stock. The shares were sold at an average price of $49.44, for a total transaction of $23,221,968.00.
  • On Tuesday, March 24th, Control Empresarial De Capital sold 687,500 shares of PBF Energy stock. The shares were sold at an average price of $49.49, for a total transaction of $34,024,375.00.
  • On Monday, March 23rd, Control Empresarial De Capital sold 472,000 shares of PBF Energy stock. The stock was sold at an average price of $47.02, for a total transaction of $22,193,440.00.
  • On Friday, March 20th, Control Empresarial De Capital sold 340,000 shares of PBF Energy stock. The stock was sold at an average price of $48.84, for a total transaction of $16,605,600.00.
  • On Thursday, March 19th, Control Empresarial De Capital sold 52,000 shares of PBF Energy stock. The stock was sold at an average price of $50.18, for a total transaction of $2,609,360.00.
  • On Wednesday, March 18th, Control Empresarial De Capital sold 1,100,000 shares of PBF Energy stock. The shares were sold at an average price of $46.21, for a total transaction of $50,831,000.00.
  • On Tuesday, March 17th, Control Empresarial De Capital sold 600,000 shares of PBF Energy stock. The shares were sold at an average price of $44.43, for a total transaction of $26,658,000.00.

PBF Energy Price Performance

PBF stock opened at $45.28 on Friday. PBF Energy Inc. has a 1 year low of $13.61 and a 1 year high of $52.18. The company has a market cap of $5.29 billion, a P/E ratio of -30.80, a PEG ratio of 0.56 and a beta of 0.25. The firm has a 50-day moving average of $39.77 and a 200 day moving average of $34.52. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.51.

PBF Energy (NYSE:PBFGet Free Report) last issued its quarterly earnings data on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, topping the consensus estimate of ($0.15) by $0.64. The business had revenue of $7.14 billion during the quarter, compared to analyst estimates of $7.17 billion. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. PBF Energy’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period last year, the business posted ($2.82) earnings per share. On average, sell-side analysts forecast that PBF Energy Inc. will post -1.12 EPS for the current year.

PBF Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were paid a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Wednesday, February 25th. PBF Energy’s dividend payout ratio (DPR) is presently -74.83%.

Analysts Set New Price Targets

Several brokerages recently weighed in on PBF. The Goldman Sachs Group upped their price target on PBF Energy from $33.00 to $41.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. Tudor Pickering upgraded shares of PBF Energy from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of PBF Energy in a research report on Monday, December 29th. Citigroup increased their price target on shares of PBF Energy from $29.00 to $36.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Finally, Wolfe Research cut shares of PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price target for the company. in a research report on Monday, December 8th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $32.92.

Read Our Latest Research Report on PBF

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its holdings in PBF Energy by 63.6% in the first quarter. Royal Bank of Canada now owns 30,932 shares of the oil and gas company’s stock worth $590,000 after acquiring an additional 12,025 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of PBF Energy by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,723 shares of the oil and gas company’s stock valued at $1,140,000 after acquiring an additional 2,609 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of PBF Energy by 4.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 261,704 shares of the oil and gas company’s stock worth $4,996,000 after purchasing an additional 12,289 shares during the last quarter. Acadian Asset Management LLC raised its position in shares of PBF Energy by 261.0% in the 1st quarter. Acadian Asset Management LLC now owns 3,256 shares of the oil and gas company’s stock worth $62,000 after purchasing an additional 2,354 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in PBF Energy by 133.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,034,597 shares of the oil and gas company’s stock worth $22,420,000 after purchasing an additional 591,975 shares in the last quarter. Institutional investors own 96.29% of the company’s stock.

Trending Headlines about PBF Energy

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

  • Positive Sentiment: BMO Capital Markets raised its price target on PBF to $50 (from $43) and maintained a market‑perform view, giving the stock fresh analyst support and an implied upside to current levels. BMO PT Raise
  • Positive Sentiment: PBF continues to pay a quarterly dividend ($0.275; annualized $1.10, ~2.4% yield) — a steady income cue that can attract income/value buyers, especially alongside refinery cash flows. Dividend / Marketbeat
  • Neutral Sentiment: Macro commentary: refinery/oil names including PBF are highlighted as beneficiaries if geopolitical risk (e.g., Strait of Hormuz disruptions) tightens crude markets — a potential tailwind but not a company‑specific catalyst. USAToday Hormuz
  • Neutral Sentiment: Several bullish value takes (Zacks, MSN summaries) frame PBF as a long‑term value/refining play; these may attract longer‑horizon investors but lack an immediate trading catalyst. Zacks Value Piece
  • Negative Sentiment: Large, concentrated selling by major shareholder Control Empresarial De Capital: multiple Form 4 filings show combined disposals across Mar. 26–31 totaling several million shares (hundreds of millions in proceeds). The scale of these block sales increases supply pressure and is a clear negative signal. Control Empresarial Form 4
  • Negative Sentiment: Multiple insider sales from senior executives and a director (Paul T. Davis, James Fedena, Thomas Nimbley) in late‑March represent meaningful reductions in insider positions and add to near‑term negative market psychology. Insider Trades Alert
  • Negative Sentiment: Analyst consensus remains mixed/weak (MarketBeat shows a “Reduce” tilt and an average target below current levels), limiting conviction for buyers despite individual raises. Marketbeat Consensus

About PBF Energy

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for PBF Energy (NYSE:PBF)

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