Key Points
- Control Empresarial De Capital sold 49,200 PBF shares on March 16 for $2.18M and has executed a string of large dispositions in late February–March that total more than $158 million.
- Despite the selling, the control shareholder still holds 24,696,898 shares of PBF (about $1.09 billion in value), a roughly 0.20% reduction in its stake, so it remains a major holder.
- PBF shares are up 5.8% and trading near their 52‑week high after a quarterly EPS beat ($0.49 vs. -$0.15), but analysts maintain a consensus "Reduce" rating with an average price target of $31.69 and an expected -1.12 EPS for the year.
PBF Energy Inc. (NYSE:PBF - Get Free Report) insider Control Empresarial De Capital sold 49,200 shares of the firm's stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $44.29, for a total transaction of $2,179,068.00. Following the sale, the insider owned 24,696,898 shares in the company, valued at $1,093,825,612.42. This trade represents a 0.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Control Empresarial De Capital also recently made the following trade(s):
- 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.
- On Friday, March 13th, Control Empresarial De Capital sold 380,000 shares of PBF Energy stock. The stock was sold at an average price of $43.30, for a total transaction of $16,454,000.00.
- On Thursday, March 12th, Control Empresarial De Capital sold 265,000 shares of PBF Energy stock. The stock was sold at an average price of $43.55, for a total transaction of $11,540,750.00.
- On Wednesday, March 11th, Control Empresarial De Capital sold 838,000 shares of PBF Energy stock. The shares were sold at an average price of $41.91, for a total transaction of $35,120,580.00.
- On Tuesday, March 10th, Control Empresarial De Capital sold 22,000 shares of PBF Energy stock. The stock was sold at an average price of $40.08, for a total transaction of $881,760.00.
- On Thursday, March 5th, Control Empresarial De Capital sold 205,000 shares of PBF Energy stock. The stock was sold at an average price of $46.57, for a total transaction of $9,546,850.00.
- On Wednesday, March 4th, Control Empresarial De Capital sold 903,100 shares of PBF Energy stock. The stock was sold at an average price of $42.62, for a total value of $38,490,122.00.
- On Tuesday, March 3rd, Control Empresarial De Capital sold 99,000 shares of PBF Energy stock. The shares were sold at an average price of $40.33, for a total value of $3,992,670.00.
- 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 stock was sold at an average price of $34.91, for a total value of $8,727,500.00.
PBF Energy Stock Up 5.8%
NYSE:PBF opened at $47.12 on Thursday. The stock has a 50-day simple moving average of $35.88 and a 200 day simple moving average of $32.86. PBF Energy Inc. has a 52-week low of $13.61 and a 52-week high of $47.18. The company has a market cap of $5.51 billion, a PE ratio of -32.06, a PEG ratio of 4.74 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.
PBF Energy (NYSE:PBF - Get Free Report) last released its earnings results on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $7.14 billion for the quarter, compared to analysts' expectations of $7.17 billion. During the same quarter in the previous year, the business posted ($2.82) EPS. The business's quarterly revenue was down 2.9% compared to the same quarter last year. On average, sell-side analysts expect that PBF Energy Inc. will post -1.12 EPS for the current fiscal year.
PBF Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were given a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, February 25th. PBF Energy's payout ratio is currently -74.83%.
Institutional Trading of PBF Energy
A number of large investors have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its position in shares of PBF Energy by 197.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 887 shares of the oil and gas company's stock valued at $27,000 after acquiring an additional 589 shares during the period. Torren Management LLC bought a new stake in shares of PBF Energy in the 4th quarter valued at about $30,000. Los Angeles Capital Management LLC bought a new stake in shares of PBF Energy in the 4th quarter valued at about $31,000. Deseret Mutual Benefit Administrators lifted its stake 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 purchasing an additional 440 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its holdings in PBF Energy by 235.7% during the third quarter. Hantz Financial Services Inc. now owns 1,299 shares of the oil and gas company's stock worth $39,000 after purchasing an additional 912 shares during the period. Institutional investors and hedge funds own 96.29% of the company's stock.
PBF Energy News Summary
Here are the key news stories impacting PBF Energy this week:
- Positive Sentiment: Refining-margin tailwinds and Martinez restart progress — Market indicators for gasoline/diesel crack spreads have strengthened in March, boosting near‑term profitability expectations for independent refiners like PBF; plus renewed confidence that the Martinez, CA rebuild/restart is advancing toward targeted operating rates, removing a major operational overhang. PBF Energy jumps as refining-margin tailwinds and Martinez restart progress come back into focus
- Positive Sentiment: Goldman/Quant coverage highlights sector upside — Recent commentary/quant ratings singled out refiners including PBF as beneficiaries of tighter jet/diesel markets, which supports bullish positioning by quant-driven investors. This can amplify momentum when cracks widen. Goldman: Oil market shock hits jet fuel, diesel harder; PBF, Par Pacific rated strong buy by Quant ratings
- Positive Sentiment: Mizuho raised its price target — Mizuho increased its PBF target to $45 (neutral rating), which narrows downside concerns and may support buy-side interest after the recent volatility. Benzinga
- Neutral Sentiment: Zacks notes PBF’s momentum characteristics — A style-score/momentum write-up highlights technical and momentum metrics that can attract short‑term traders, supporting volume-driven moves but not necessarily long-term fundamental change. Here's Why PBF Energy (PBF) is a Strong Momentum Stock
- Neutral Sentiment: CEO 2025 pay disclosure — A DEF14A-based estimate shows CEO Matthew Lucey’s 2025 compensation declined ~12% vs. 2024; governance/comp metrics can interest some investors but are unlikely to be the primary driver of the move. PBF Energy Inc. ($PBF) President and CEO 2025 Pay Revealed
- Negative Sentiment: Large insider selling by control shareholder — Control Empresarial De Capital disclosed sales (including a 600,000‑share sale reported Mar 17 at ~$44.43), continuing a pattern of recent insider liquidations; heavy insider selling can be interpreted as a negative governance/conviction signal and may cap upside if it persists. SEC Form 4 — Control Empresarial De Capital sale
Wall Street Analyst Weigh In
PBF has been the topic of several recent research reports. Tudor Pickering upgraded shares of PBF Energy from a "strong sell" rating to a "hold" rating in a research note on Friday, February 13th. Mizuho increased their price objective on shares of PBF Energy from $38.00 to $45.00 and gave the stock a "neutral" rating in a research note on Tuesday. Citigroup raised their price objective on PBF Energy from $29.00 to $36.00 and gave the company a "neutral" rating in a report on Wednesday, January 14th. The Goldman Sachs Group lifted their target price on PBF Energy from $33.00 to $41.00 and gave the company a "neutral" rating in a research report on Thursday, March 12th. Finally, Wolfe Research lowered PBF Energy from a "peer perform" rating to an "underperform" rating and set a $23.00 target price on the stock. in a report on Monday, December 8th. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the company's stock. According to data from MarketBeat, PBF Energy currently has a consensus rating of "Reduce" and an average price target of $31.69.
Read Our Latest Report on PBF Energy
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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