Key Points
- Control Empresarial De Capital — PBF’s controlling shareholder — sold large blocks of stock over several days (including 450,000 shares on Feb 11 for $15.92M), reducing its position by 1.56% but still holding ~28.44M shares valued at roughly $1.01B, a pattern that could create a notable supply overhang.
- PBF reported a Q4 beat with EPS $0.49 (vs. consensus -$0.15), declared a quarterly dividend of $0.275 per share (annualized yield ≈3.2%), and set a target of $350M in annualized savings by end‑2026, though revenue was slightly under expectations and analyst consensus remains cautious (average target ~$30.21).
PBF Energy Inc. (NYSE:PBF - Get Free Report) insider Control Empresarial De Capital sold 3,000 shares of the business's stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $36.79, for a total transaction of $110,370.00. Following the completion of the transaction, the insider owned 28,440,198 shares of the company's stock, valued at approximately $1,046,314,884.42. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Control Empresarial De Capital also recently made the following trade(s):
- On Wednesday, February 11th, Control Empresarial De Capital sold 450,000 shares of PBF Energy stock. The shares were sold at an average price of $35.38, for a total transaction of $15,921,000.00.
- On Tuesday, February 10th, Control Empresarial De Capital sold 1,400 shares of PBF Energy stock. The stock was sold at an average price of $34.50, for a total transaction of $48,300.00.
- On Monday, February 9th, Control Empresarial De Capital sold 228,500 shares of PBF Energy stock. The shares were sold at an average price of $35.26, for a total value of $8,056,910.00.
- On Friday, February 6th, Control Empresarial De Capital sold 303,200 shares of PBF Energy stock. The stock was sold at an average price of $35.62, for a total value of $10,799,984.00.
- On Thursday, February 5th, Control Empresarial De Capital sold 157,200 shares of PBF Energy stock. The stock was sold at an average price of $34.66, for a total value of $5,448,552.00.
- On Wednesday, February 4th, Control Empresarial De Capital sold 480,000 shares of PBF Energy stock. The shares were sold at an average price of $35.07, for a total value of $16,833,600.00.
- On Tuesday, February 3rd, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The shares were sold at an average price of $33.85, for a total value of $6,770,000.00.
- On Friday, January 30th, Control Empresarial De Capital sold 60,000 shares of PBF Energy stock. The shares were sold at an average price of $33.46, for a total value of $2,007,600.00.
- On Thursday, January 29th, Control Empresarial De Capital sold 35,000 shares of PBF Energy stock. The shares were sold at an average price of $34.07, for a total transaction of $1,192,450.00.
- On Thursday, January 22nd, Control Empresarial De Capital sold 40,000 shares of PBF Energy stock. The stock was sold at an average price of $33.79, for a total transaction of $1,351,600.00.
PBF Energy Stock Performance
PBF opened at $34.47 on Friday. The company has a market cap of $3.99 billion, a price-to-earnings ratio of -23.45, a PEG ratio of 5.95 and a beta of 0.50. The firm's fifty day simple moving average is $30.76 and its two-hundred day simple moving average is $30.34. The company has a quick ratio of 0.59, a current ratio of 1.38 and a debt-to-equity ratio of 0.45. PBF Energy Inc. has a 52-week low of $13.61 and a 52-week high of $41.47.
PBF Energy (NYSE:PBF - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of ($0.15) by $0.64. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.94%. The firm had revenue of $7.14 billion for the quarter, compared to analyst estimates of $7.17 billion. During the same period last year, the company posted ($2.82) EPS. PBF Energy's quarterly revenue was down 2.9% compared to the same quarter last year. Equities analysts anticipate that PBF Energy Inc. will post -1.12 earnings per share for the current fiscal year.
PBF Energy Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be paid a $0.275 dividend. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.2%. PBF Energy's payout ratio is currently -23.66%.
PBF Energy News Summary
Here are the key news stories impacting PBF Energy this week:
- Positive Sentiment: Q4 earnings beat consensus as refining margins improved; reported EPS of $0.49 versus consensus loss, and operating income turned positive — this drove much of the bullish investor response. PR Newswire: Q4 Results & Dividend
- Positive Sentiment: Company announced a quarterly dividend of $0.275/share (3.3% yield), signaling cash return to shareholders and supporting investor sentiment. PR Newswire: Dividend Announcement
- Positive Sentiment: PBF highlighted operational progress at its Martinez refinery and set a target of $350M in annualized run-rate savings by end-2026, which could materially improve margins over coming quarters if achieved. MSN: Martinez Restart & Savings Target
- Neutral Sentiment: Revenue dipped slightly year-over-year and came marginally under Street expectations, so earnings strength was driven mostly by margins and cost controls rather than top-line growth. Zacks: Earnings Beat on Margins
- Neutral Sentiment: Analyst coverage remains mixed — some price targets were raised while consensus remains below many broker targets; expect continued variability in sentiment until operational improvements are proven. MarketBeat: Analyst Ratings & Targets
- Negative Sentiment: Significant insider selling by controlling shareholder Control Empresarial De Capital (multiple large blocks sold over several days, including a 450,000-share block) creates a notable supply overhang and may pressure the stock if selling continues. SEC Form 4: Insider Sales
Analyst Ratings Changes
Several equities research analysts have issued reports on PBF shares. Zacks Research cut shares of PBF Energy from a "hold" rating to a "strong sell" rating in a research note on Tuesday, January 20th. Mizuho raised shares of PBF Energy from an "underperform" rating to a "neutral" rating and upped their price objective for the company from $31.00 to $38.00 in a research note on Friday, December 12th. UBS Group raised their target price on shares of PBF Energy from $37.00 to $42.00 and gave the stock a "buy" rating in a research note on Monday, November 3rd. The Goldman Sachs Group upped their price target on PBF Energy from $25.00 to $30.00 and gave the company a "neutral" rating in a research report on Wednesday, October 22nd. Finally, Piper Sandler lifted their price objective on PBF Energy from $41.00 to $42.00 and gave the stock an "overweight" rating in a research report on Friday. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and seven have issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Reduce" and an average price target of $30.21.
Read Our Latest Research Report on PBF
Institutional Trading of PBF Energy
Several institutional investors have recently made changes to their positions in PBF. Smartleaf Asset Management LLC grew its position in PBF Energy by 197.7% in the third quarter. Smartleaf Asset Management LLC now owns 887 shares of the oil and gas company's stock worth $27,000 after acquiring an additional 589 shares during the period. Torren Management LLC purchased a new position in shares of PBF Energy during the 4th quarter worth $30,000. Los Angeles Capital Management LLC acquired a new stake in shares of PBF Energy during the 4th quarter worth about $31,000. Deseret Mutual Benefit Administrators raised its holdings in PBF Energy by 62.3% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,146 shares of the oil and gas company's stock valued at $35,000 after buying an additional 440 shares during the period. Finally, Hantz Financial Services Inc. lifted its position in PBF Energy by 235.7% in the third quarter. Hantz Financial Services Inc. now owns 1,299 shares of the oil and gas company's stock valued at $39,000 after buying an additional 912 shares during the last quarter. Hedge funds and other institutional investors own 96.29% of the company's stock.
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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