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

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 52,000 shares of the firm’s stock in a transaction on 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 completion of the sale, the insider directly owned 22,944,898 shares of the company’s stock, valued at approximately $1,151,374,981.64. This trade represents a 0.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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 stock was sold at an average price of $46.21, for a total transaction 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 shares were 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 transaction 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 stock was 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 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 transaction 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.

PBF Energy Stock Up 5.0%

PBF opened at $49.17 on Monday. PBF Energy Inc. has a 12 month low of $13.61 and a 12 month high of $50.47. The business has a 50-day moving average of $36.50 and a two-hundred day moving average of $33.18. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.51. The stock has a market capitalization of $5.75 billion, a price-to-earnings ratio of -33.45, a price-to-earnings-growth ratio of 5.25 and a beta of 0.41.

PBF Energy (NYSE:PBF) last released its earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.64. The business had revenue of $7.14 billion for 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 company’s quarterly revenue was down 2.9% on a year-over-year basis. During the same period last year, the company earned ($2.82) earnings per share. On average, research analysts expect that PBF Energy Inc. will post -1.12 earnings per share for the current year.

PBF Energy Announces Dividend

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

Analyst Upgrades and Downgrades

PBF has been the subject of several recent research reports. BMO Capital Markets reaffirmed a “market perform” rating and issued a $34.00 price objective on shares of PBF Energy in a research report on Monday, January 5th. Wolfe Research cut shares of PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 target price on the stock. in a research report on Monday, December 8th. Piper Sandler upped their target price on shares of PBF Energy from $41.00 to $42.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. The Goldman Sachs Group raised their price target on shares of PBF Energy from $33.00 to $41.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. Finally, Zacks Research raised shares of PBF Energy from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 19th. Two research 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. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $31.69.

Trending Headlines about 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 Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. increased its holdings in PBF Energy by 127.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock valued at $171,595,000 after buying an additional 3,550,820 shares during the last quarter. State Street Corp raised its stake in PBF Energy by 1.3% during the fourth quarter. State Street Corp now owns 4,854,750 shares of the oil and gas company’s stock valued at $131,661,000 after buying an additional 60,294 shares in the last quarter. Invesco Ltd. lifted its holdings in PBF Energy by 147.4% during the 3rd quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock worth $83,639,000 after buying an additional 1,651,516 shares during the last quarter. AQR Capital Management LLC lifted its holdings in PBF Energy by 20.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,503,283 shares of the oil and gas company’s stock worth $75,524,000 after buying an additional 418,223 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in shares of PBF Energy by 16.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,400,702 shares of the oil and gas company’s stock worth $65,108,000 after acquiring an additional 331,404 shares in the last quarter. 96.29% of the stock is owned by institutional investors and hedge funds.

PBF Energy Company Profile

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.