PBF Energy (NYSE:PBF) SVP James Fedena Sells 18,941 Shares

Key Points

  • Control Empresarial De Capital sold 200,000 PBF shares on March 31 at $50.74 and completed multiple other sales across March 17–31, totaling about $253 million and trimming its stake by ~1.02% to 19,453,698 shares (worth roughly $987M).
  • PBF trades around $45 (52‑week high $52.18) with a $5.29B market cap, pays a $1.10 annual dividend (2.4% yield), and faces mixed analyst views—consensus rating "Reduce" with a $32.92 target price.

PBF Energy Inc. (NYSE:PBF - Get Free Report) SVP James Fedena sold 18,941 shares of the stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $51.66, for a total transaction of $978,492.06. Following the completion of the sale, the senior vice president owned 139,016 shares of the company's stock, valued at approximately $7,181,566.56. The trade was a 11.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

PBF Energy Stock Down 1.8%

PBF stock opened at $45.28 on Friday. PBF Energy Inc. has a twelve month low of $13.61 and a twelve month high of $52.18. 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 company has a market cap of $5.29 billion, a PE ratio of -30.80, a price-to-earnings-growth ratio of 0.57 and a beta of 0.25. The business's 50-day simple moving average is $39.53 and its 200 day simple moving average is $34.37.

PBF Energy (NYSE:PBF - Get Free Report) last posted its quarterly 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 during the quarter, compared to analysts' expectations of $7.17 billion. During the same quarter in the prior year, the firm posted ($2.82) EPS. The company's revenue for the quarter was down 2.9% on a year-over-year basis. On average, research analysts anticipate that PBF Energy Inc. will post -1.12 earnings per share for the current year.

PBF Energy Dividend Announcement




The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were given a $0.275 dividend. This represents a $1.10 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, February 25th. PBF Energy's dividend payout ratio (DPR) is -74.83%.

PBF Energy News Roundup

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

  • Positive Sentiment: BMO Capital Markets raised its price target on PBF to $50 from $43 and kept a "market perform" rating — the new target implies about mid‑teens upside from recent levels, providing some analyst support for the shares. Article Title
  • Neutral Sentiment: Zacks published a piece arguing PBF is a long‑term value stock, which may attract long‑horizon income/value investors but doesn't introduce an immediate catalyst. Article Title
  • Neutral Sentiment: A Motley Fool article lists refiners and oil firms as potential beneficiaries of supply disruptions (e.g., Strait of Hormuz scenarios); this is macro tailwind commentary rather than a company‑specific near‑term catalyst. Article Title
  • Negative Sentiment: Large insider selling by major shareholder Control Empresarial De Capital: multiple Form 4s show sales of 637,000; 600,000; 200,000; and 85,000 shares across Mar. 26–31 at average prices around $50 — roughly $76.6M of disposals in that block. The holder still retains a multi‑million‑share stake, but the scale of sales is a clear negative signal to the market. SEC Filing
  • Negative Sentiment: Senior executives and directors also sold shares recently: SVP Paul T. Davis sold 50,000 shares (avg ~$51.48), SVP James E. Fedena sold ~96k shares across two trades (~$49.60–$51.66), and Director Thomas Nimbley sold 50,000 shares (~$50.62). Combined insider disposals across these filings amount to roughly $9.9M — adding to negative investor perception. SEC Filing (example)

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on PBF shares. Weiss Ratings reissued a "sell (d)" rating on shares of PBF Energy in a report on Monday, December 29th. Piper Sandler raised their price objective on shares of PBF Energy from $41.00 to $42.00 and gave the stock an "overweight" rating in a report on Friday, February 13th. Scotiabank raised shares of PBF Energy to a "hold" rating in a research note on Friday, March 27th. Wolfe Research lowered shares of 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. Finally, The Goldman Sachs Group raised their price target on shares of PBF Energy from $33.00 to $41.00 and gave the stock a "neutral" rating in a research note on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, PBF Energy has a consensus rating of "Reduce" and an average target price of $32.92.

Get Our Latest Stock Analysis on PBF Energy

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in PBF. Merit Financial Group LLC boosted its stake in shares of PBF Energy by 3.0% in the 3rd quarter. Merit Financial Group LLC now owns 9,575 shares of the oil and gas company's stock valued at $289,000 after purchasing an additional 276 shares in the last quarter. Verdence Capital Advisors LLC increased its position in shares of PBF Energy by 2.5% during the 3rd quarter. Verdence Capital Advisors LLC now owns 14,287 shares of the oil and gas company's stock worth $478,000 after purchasing an additional 348 shares in the last quarter. Arizona State Retirement System lifted its holdings in PBF Energy by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 25,666 shares of the oil and gas company's stock valued at $774,000 after purchasing an additional 353 shares during the last quarter. Next Level Private LLC lifted its holdings in PBF Energy by 0.6% during the 4th quarter. Next Level Private LLC now owns 66,660 shares of the oil and gas company's stock valued at $1,808,000 after purchasing an additional 378 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in PBF Energy by 1.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 28,617 shares of the oil and gas company's stock valued at $863,000 after buying an additional 432 shares in the last quarter. 96.29% of the stock is owned by institutional investors.

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.

Further Reading

Insider Buying and Selling by Quarter for PBF Energy (NYSE:PBF)

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