Thomas Nimbley Sells 200,000 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) Director Thomas Nimbley sold 200,000 shares of PBF Energy stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $40.07, for a total value of $8,014,000.00. Following the transaction, the director owned 790,716 shares of the company’s stock, valued at approximately $31,683,990.12. This represents a 20.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

PBF Energy Price Performance

Shares of NYSE PBF opened at $45.72 on Friday. The stock has a market capitalization of $5.35 billion, a price-to-earnings ratio of -31.10, a PEG ratio of 6.01 and a beta of 0.41. PBF Energy Inc. has a 12 month low of $13.61 and a 12 month high of $47.18. The firm’s 50 day simple moving average is $33.12 and its 200-day simple moving average is $31.69. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.51.

PBF Energy (NYSE:PBF) last posted its earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.64. The firm had revenue of $7.14 billion during the quarter, compared to analysts’ expectations 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 revenue was down 2.9% compared to the same quarter last year. During the same period in the previous year, the business posted ($2.82) EPS. Analysts expect that PBF Energy Inc. will post -1.12 EPS for the current year.

PBF Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be given a dividend of $0.275 per share. The ex-dividend date is Wednesday, February 25th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.4%. PBF Energy’s dividend payout ratio (DPR) is -74.83%.

Analyst Upgrades and Downgrades

Several analysts have commented on PBF shares. Weiss Ratings reissued a “sell (d)” rating on shares of PBF Energy in a report on Monday, December 29th. Citigroup increased their target price on PBF Energy from $29.00 to $36.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Zacks Research raised shares of PBF Energy from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 19th. Wolfe Research cut shares of PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price objective for the company. in a research report on Monday, December 8th. 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 report on Friday, February 13th. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $30.21.

Key Stories Impacting PBF Energy

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

• Positive Sentiment: Unusually large call‑option activity — traders bought about 14,762 calls (≈392% above average), signaling speculative bullish positioning or hedging by institutional/options players that can amplify upside into company news.
• Positive Sentiment: Shares hit a one‑year high as investors accumulated ahead of business updates and PBF’s participation in a conference, reflecting elevated expectations for positive operational commentary or guidance. PBF Energy (PBF) Climbs to 1-Year High
• Neutral Sentiment: Control Empresarial de Capital remains a very large long‑term holder (still >27M shares) despite trimming positions across several dates; the scale of ownership suggests continued alignment even as it takes profits. SEC Form 4 — Control Empresarial
• Neutral Sentiment: PBF recently reported better‑than‑expected quarterly EPS ($0.49 vs. est. -$0.15) and announced a quarterly dividend ($0.275), both supportive fundamentals that can justify investor interest ahead of updates.
• Negative Sentiment: Significant insider selling: Control Empresarial sold 120,000 shares on 3/2 and 99,000 on 3/3 (~$8.6M combined proceeds), and director Thomas J. Nimbley sold 200,000 shares on 3/3 (~$8.0M), the latter a ~20% cut to his holding — these profit‑taking moves can constrain further upside and raise governance/confidence questions for some investors. SEC Filing — Thomas J. Nimbley
• Negative Sentiment: Analyst coverage remains mixed-to-negative: consensus on MarketBeat is “Reduce” with a ~$30.21 target — that divergence between market enthusiasm and analyst targets could increase volatility if company updates don’t meet bullish expectations.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PBF. Allspring Global Investments Holdings LLC acquired a new stake in PBF Energy in the 3rd quarter valued at about $10,207,000. Nomura Holdings Inc. purchased a new stake in shares of PBF Energy in the second quarter valued at approximately $5,843,000. Allianz Asset Management GmbH increased its holdings in shares of PBF Energy by 1,232.0% in the third 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 last quarter. First Eagle Investment Management LLC lifted its position in PBF Energy by 7.9% during the third quarter. First Eagle Investment Management LLC now owns 547,546 shares of the oil and gas company’s stock worth $16,519,000 after buying an additional 40,129 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its position in PBF Energy by 264.9% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 96,856 shares of the oil and gas company’s stock worth $2,922,000 after buying an additional 70,312 shares in the last quarter. 96.29% of the stock is owned by institutional investors and hedge funds.

About PBF Energy

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.