PBF Energy (NYSE:PBF) Insider Sells $2,609,360.00 in Stock

PBF Energy Inc. (NYSE:PBF - Get Free Report) insider Control Empresarial De Capital sold 52,000 shares of the company's stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $50.18, for a total value of $2,609,360.00. Following the sale, the insider owned 22,944,898 shares in the company, valued at approximately $1,151,374,981.64. The trade was a 0.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

• Leading Oil Refiner's Stock Climbs Despite Market Volatility

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

• 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 value of $50,831,000.00.
• On Tuesday, March 17th, Control Empresarial De Capital sold 600,000 shares of PBF Energy stock. The stock was sold at an average price of $44.43, for a total value of $26,658,000.00.
• On Monday, March 16th, Control Empresarial De Capital sold 49,200 shares of PBF Energy stock. The stock was sold at an average price of $44.29, for a total value of $2,179,068.00.
• On Friday, March 13th, Control Empresarial De Capital sold 380,000 shares of PBF Energy stock. The shares were 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 value of $11,540,750.00.
• On Wednesday, March 11th, Control Empresarial De Capital sold 838,000 shares of PBF Energy stock. The stock was sold at an average price of $41.91, for a total value of $35,120,580.00.
• On Tuesday, March 10th, Control Empresarial De Capital sold 22,000 shares of PBF Energy stock. The shares were sold at an average price of $40.08, for a total value of $881,760.00.
• On Thursday, March 5th, Control Empresarial De Capital sold 205,000 shares of PBF Energy stock. The shares were 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 shares were 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 stock was sold at an average price of $40.33, for a total transaction of $3,992,670.00.

PBF Energy Price Performance

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Shares of NYSE:PBF opened at $49.17 on Friday. The business has a fifty day moving average price of $36.50 and a 200-day moving average price of $33.11. The company has a market capitalization of $5.75 billion, a PE ratio of -33.45, a PEG ratio of 4.98 and a beta of 0.41. PBF Energy Inc. has a 1-year low of $13.61 and a 1-year high of $50.47. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.51.

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

PBF Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were issued a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Wednesday, February 25th. PBF Energy's payout ratio is -74.83%.

Wall Street Analysts Forecast Growth

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A number of brokerages have recently issued reports on PBF. Zacks Research raised shares of PBF Energy from a "strong sell" rating to a "hold" rating in a research note on Thursday, February 19th. Tudor Pickering upgraded PBF Energy from a "strong sell" rating to a "hold" rating in a research report on Friday, February 13th. Wolfe Research lowered 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. The Goldman Sachs Group increased their price objective on PBF Energy from $33.00 to $41.00 and gave the stock a "neutral" rating in a research report on Thursday, March 12th. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of PBF Energy in a report on Monday, December 29th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Reduce" and a consensus price target of $31.69.

View Our Latest Stock Report on PBF Energy

Key Headlines Impacting PBF Energy

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

• Positive Sentiment: Analyst upgrade / momentum—Street commentary and at least one analyst upgrade helped lift sentiment and volume, supporting short‑term buying pressure. PBF Energy (NYSE:PBF) Trading Up 5.3% on Analyst Upgrade
• Positive Sentiment: Mizuho bullishness—Mizuho raised its price target and flagged upside, which can attract buy-side interest after recent volatility. Mizuho Forecasts Strong Price Appreciation for PBF Energy (NYSE:PBF) Stock
• Positive Sentiment: Refining-margin tailwinds & Martinez restart — Industry commentary points to stronger gasoline/diesel crack spreads in March and progress on the Martinez refinery restart, both of which improve near‑term refining profitability for PBF. PBF Energy jumps as refining-margin tailwinds and Martinez restart progress come back into focus
• Positive Sentiment: Unusual options activity—Traders bought ~10,029 call options (a ~144% jump vs. average), a short‑term bullish signal that can amplify intraday momentum.
• Neutral Sentiment: Momentum/style write‑ups—Zacks and other outlets are highlighting PBF’s momentum/style metrics, which can draw technical traders but aren’t proof of a sustained fundamental improvement. Why PBF Energy (PBF) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Dividend and fundamentals—PBF pays a quarterly dividend (~$1.10 annualized) and beat EPS last quarter, but consensus still expects negative EPS for the year; these facts support income/turnaround narratives but limit conviction.
• Negative Sentiment: Large, repeated insider selling—Control Empresarial De Capital has sold multiple blocks recently (including ~1.1M shares at ~$46.21 and other tranches), reducing its stake and creating a potential cap on upside if sales continue. SEC Form 4 — Control Empresarial De Capital sale

Institutional Investors Weigh In On PBF Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of PBF. Allspring Global Investments Holdings LLC purchased a new position in PBF Energy during the third quarter worth approximately $10,207,000. First Eagle Investment Management LLC increased its position in shares of PBF Energy by 7.9% in the 3rd quarter. First Eagle Investment Management LLC now owns 547,546 shares of the oil and gas company's stock worth $16,519,000 after purchasing an additional 40,129 shares during the last quarter. Nomura Holdings Inc. bought a new position in PBF Energy in the 2nd quarter valued at about $5,843,000. Allianz Asset Management GmbH increased its position in shares of PBF Energy by 1,232.0% during the 3rd quarter. Allianz Asset Management GmbH now owns 267,091 shares of the oil and gas company's stock valued at $8,058,000 after purchasing an additional 247,039 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of PBF Energy by 264.9% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 96,856 shares of the oil and gas company's stock worth $2,922,000 after purchasing an additional 70,312 shares in the last quarter. Institutional investors and hedge funds 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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