Key Points
- Control Empresarial De Capital executed heavy insider selling, disposing of about 4.32 million shares (~$195 million) across multiple mid‑March trades and trimming its stake to 22.6M shares (a ~1.48% ownership reduction), which could be a negative sentiment signal.
- PBF is trading near a one‑year high (~$49) after an earnings beat of $0.49/share (vs. -$0.15 expected), but the company still has negative margins and ROE, a 2.2% dividend yield, and an average analyst rating of “Reduce” with a $31.69 target.
PBF Energy Inc. (NYSE:PBF - Get Free Report) insider Control Empresarial De Capital sold 340,000 shares of PBF Energy stock in a transaction on Friday, March 20th. The shares were sold at an average price of $48.84, for a total value of $16,605,600.00. Following the completion of the transaction, the insider owned 22,604,898 shares in the company, valued at $1,104,023,218.32. This represents a 1.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Control Empresarial De Capital also recently made the following trade(s):
- 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 value of $22,193,440.00.
- 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 value 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 value 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 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 transaction of $2,179,068.00.
- 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 shares were 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.
PBF Energy Trading Down 1.5%
NYSE PBF opened at $49.34 on Thursday. PBF Energy Inc. has a 52 week low of $13.61 and a 52 week high of $50.64. The company has a 50 day moving average price of $37.45 and a 200 day moving average price of $33.57. The company has a quick ratio of 0.51, a current ratio of 1.21 and a debt-to-equity ratio of 0.40. The firm has a market cap of $5.77 billion, a PE ratio of -33.56, a price-to-earnings-growth ratio of 5.33 and a beta of 0.41.
PBF Energy (NYSE:PBF - Get Free Report) last announced its earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.64. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. The company had revenue of $7.14 billion during the quarter, compared to the consensus estimate of $7.17 billion. During the same period last year, the firm earned ($2.82) earnings per share. PBF Energy's revenue was down 2.9% compared to the same quarter last year. As a group, sell-side analysts forecast 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 issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Wednesday, February 25th. PBF Energy's dividend payout ratio is currently -74.83%.
Hedge Funds Weigh In On PBF Energy
Several hedge funds have recently made changes to their positions in PBF. Hsbc Holdings PLC raised its stake in PBF Energy by 81.7% in the 4th quarter. Hsbc Holdings PLC now owns 67,674 shares of the oil and gas company's stock worth $1,840,000 after acquiring an additional 30,430 shares during the last quarter. Corient Private Wealth LLC grew its stake in PBF Energy by 4.1% during the 4th quarter. Corient Private Wealth LLC now owns 12,309 shares of the oil and gas company's stock valued at $334,000 after purchasing an additional 483 shares during the last quarter. Pacer Advisors Inc. grew its stake in PBF Energy by 15.6% during the 4th quarter. Pacer Advisors Inc. now owns 19,473 shares of the oil and gas company's stock valued at $528,000 after purchasing an additional 2,635 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of PBF Energy by 7.3% in the fourth quarter. Empowered Funds LLC now owns 119,402 shares of the oil and gas company's stock valued at $3,238,000 after purchasing an additional 8,154 shares during the period. Finally, Voloridge Investment Management LLC increased its holdings in shares of PBF Energy by 49.7% in the fourth quarter. Voloridge Investment Management LLC now owns 1,729,304 shares of the oil and gas company's stock valued at $46,899,000 after purchasing an additional 574,001 shares during the period. 96.29% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
PBF has been the topic of several recent analyst reports. Mizuho upped their target price on PBF Energy from $38.00 to $45.00 and gave the company a "neutral" rating in a research report on Tuesday, March 17th. Wolfe Research downgraded PBF Energy from a "peer perform" rating to an "underperform" rating and set a $23.00 price target for the company. in a report on Monday, December 8th. The Goldman Sachs Group boosted 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. Zacks Research upgraded shares of PBF Energy from a "strong sell" rating to a "hold" rating in a report on Thursday, February 19th. Finally, Piper Sandler increased their price objective on shares of PBF Energy from $41.00 to $42.00 and gave the company an "overweight" rating in a research report on Friday, February 13th. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Reduce" and an average target price of $31.69.
View Our Latest Analysis on PBF
Trending Headlines about PBF Energy
Here are the key news stories impacting PBF Energy this week:
- Positive Sentiment: PBF has recently rallied to a one‑year high as an energy sector upswing (partly driven by geopolitical tensions) lifted refiners, supporting upside momentum. PBF Energy (PBF) Soars to 1-year High on Energy Rally Spillover
- Positive Sentiment: Short interest dropped ~30% in March (to ~15.3M shares), lowering immediate short‑covering risk and reducing one source of downward pressure; days‑to‑cover is ~3.0. (This reduction can support the stock if sentiment remains positive.)
- Neutral Sentiment: PBF set a new 12‑month high in recent trading, signaling strong near‑term investor interest but also increasing the chance of profit‑taking. PBF Energy (NYSE:PBF) Sets New 12-Month High - Time to Buy?
- Neutral Sentiment: PBF announced it will report Q1 2026 results on April 30 — an event that could drive volatility and reprice the stock depending on margins, crack spreads and throughput. PBF Energy to Release First Quarter 2026 Earnings Results
- Neutral Sentiment: An industry/operations note suggests PBF’s refining footprint and operations are tracking with broader NYSE Composite trends — context for relative performance versus peers. PBF Energy (NYSE:PBF) Refining Operations Align With Nyse Composite
- Negative Sentiment: Insider selling: major shareholder Control Empresarial De Capital sold 812,000 shares across two recent transactions (Mar. 20 & Mar. 23) for roughly $38.8M combined, trimming its stake by a few percentage points — a potentially negative signal for sentiment. SEC filing: SEC Form 4
- Negative Sentiment: Analyst commentary cautions that refiners can see swings driven more by crack spreads than crude prices; MarketBeat highlights potential reasons to take gains if crack spreads normalize — a factor that could pressure PBF after the recent run. As Energy Surges on Crack Spreads, Consider Taking Gains on 2 Small Cap Oil Stocks
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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