Key Points
- Control Empresarial De Capital sold 99,000 shares of PBF on March 3 at an average $40.33 (~$3.99M) and has executed several recent sales, but still holds ~27,372,198 shares worth roughly $1.10B (a 0.36% ownership decline).
- PBF stock has rallied (up ~12.7% to about a one‑year high near $45); the company reported an earnings beat (EPS $0.49) and declared a $0.275 quarterly dividend (annualized $1.10, ~2.5% yield), while analysts' consensus remains a "Reduce" with a $30.21 price target.
PBF Energy Inc. (NYSE:PBF - Get Free Report) insider Control Empresarial De Capital sold 99,000 shares of the business's stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $40.33, for a total transaction of $3,992,670.00. Following the transaction, the insider owned 27,372,198 shares of the company's stock, valued at approximately $1,103,920,745.34. This represents a 0.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Control Empresarial De Capital also recently made the following trade(s):
- On Monday, March 2nd, Control Empresarial De Capital sold 120,000 shares of PBF Energy stock. The shares were sold at an average price of $38.33, for a total value of $4,599,600.00.
- On Tuesday, February 24th, Control Empresarial De Capital sold 250,000 shares of PBF Energy stock. The shares were sold at an average price of $34.91, for a total value of $8,727,500.00.
- On Thursday, February 12th, Control Empresarial De Capital sold 3,000 shares of PBF Energy stock. The stock was sold at an average price of $36.79, for a total value of $110,370.00.
- 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 value 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 value of $48,300.00.
- On Monday, February 9th, Control Empresarial De Capital sold 228,500 shares of PBF Energy stock. The stock was sold at an average price of $35.26, for a total transaction of $8,056,910.00.
- On Friday, February 6th, Control Empresarial De Capital sold 303,200 shares of PBF Energy stock. The shares were sold at an average price of $35.62, for a total transaction 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 transaction 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 transaction of $16,833,600.00.
- On Tuesday, February 3rd, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The stock was sold at an average price of $33.85, for a total transaction of $6,770,000.00.
PBF Energy Stock Up 12.7%
Shares of NYSE:PBF opened at $44.79 on Thursday. PBF Energy Inc. has a 52-week low of $13.61 and a 52-week high of $45.13. The company has a market capitalization of $5.24 billion, a PE ratio of -30.47, a price-to-earnings-growth ratio of 5.33 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 fifty day moving average of $32.73 and a 200-day moving average of $31.59.
PBF Energy (NYSE:PBF - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates of ($0.15) by $0.64. PBF Energy had a negative return on equity of 8.86% and a negative net margin of 0.54%.The business had revenue of $7.14 billion for the quarter, compared to analyst estimates of $7.17 billion. During the same quarter in the previous year, the company posted ($2.82) EPS. PBF Energy's quarterly revenue was down 2.9% compared to the same quarter last year. On average, equities analysts predict that PBF Energy Inc. will post -1.12 EPS for the current fiscal year.
PBF Energy Announces Dividend
The company also recently disclosed 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 annualized dividend and a dividend yield of 2.5%. PBF Energy's dividend payout ratio is currently -74.83%.
Institutional Investors Weigh In On PBF Energy
A number of hedge funds have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC boosted its holdings in shares of PBF Energy by 197.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 887 shares of the oil and gas company's stock worth $27,000 after buying an additional 589 shares in the last quarter. Torren Management LLC acquired a new position in shares of PBF Energy during the 4th quarter valued at $30,000. Los Angeles Capital Management LLC bought a new position in PBF Energy during the fourth quarter worth $31,000. Deseret Mutual Benefit Administrators grew its holdings in PBF Energy by 62.3% in the third quarter. Deseret Mutual Benefit Administrators now owns 1,146 shares of the oil and gas company's stock worth $35,000 after purchasing an additional 440 shares during the period. Finally, Hantz Financial Services Inc. increased its stake 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 purchasing an additional 912 shares in the last quarter. 96.29% of the stock is currently owned by institutional investors.
Key PBF Energy News
Here are the key news stories impacting PBF Energy this week:
- Positive Sentiment: Unusually heavy call buying — traders purchased 14,762 call options (a ~392% increase versus average), signaling speculative bullish positioning or hedging by institutional/options traders that can amplify upside into company news.
- Positive Sentiment: Shares ran to a one‑year high as investors accumulated ahead of business updates and conference participation, reflecting elevated market interest and expectations for positive operational or guidance commentary. PBF Energy (PBF) Climbs to 1-Year High Ahead of Business Updates
- Neutral Sentiment: Major holder Control Empresarial de Capital remains a very large shareholder after recent sales (ownership still >27 million shares, valued at roughly $1.0–1.1B), which suggests long‑term alignment even as it trimmed its position. SEC Form 4 — Control Empresarial
- Negative Sentiment: Insider selling by Control Empresarial de Capital: sold 120,000 shares on 3/2 at ~$38.33 and 99,000 shares on 3/3 at ~$40.33 (combined proceeds ≈ $8.6M). While small relative to their total stake, the sales are a potential signal that some insiders are taking profits into the rally. SEC Form 4 — Control Empresarial
- Negative Sentiment: Director Thomas J. Nimbley sold 200,000 shares on 3/3 at an average of $40.07 (≈ $8.0M), a ~20% reduction in his holdings, which may raise governance/insider confidence questions for some investors. SEC Filing — Thomas J. Nimbley
Analyst Upgrades and Downgrades
PBF has been the subject of several analyst reports. Tudor Pickering raised shares of PBF Energy from a "strong sell" rating to a "hold" rating in a research note on Friday, February 13th. Citigroup raised their target price on PBF Energy from $29.00 to $36.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 14th. Zacks Research raised PBF Energy from a "strong sell" rating to a "hold" rating in a report on Thursday, February 19th. Weiss Ratings reiterated a "sell (d)" rating on shares of PBF Energy in a research report on Monday, December 29th. Finally, Mizuho upgraded PBF Energy from an "underperform" rating to a "neutral" rating and raised their price objective for the stock from $31.00 to $38.00 in a research report on Friday, December 12th. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus price target of $30.21.
View Our Latest Stock Analysis on PBF Energy
PBF Energy Company Profile
(
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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