Foster & Motley Inc. Lowers Holdings in Petroleo Brasileiro S.A.- Petrobras $PBR

Foster & Motley Inc. trimmed its position in Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) by 36.0% in the 4th quarter, Holdings Channel reports. The firm owned 60,230 shares of the oil and gas exploration company’s stock after selling 33,879 shares during the quarter. Foster & Motley Inc.’s holdings in Petroleo Brasileiro S.A.- Petrobras were worth $714,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Geneos Wealth Management Inc. increased its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 74.9% in the second quarter. Geneos Wealth Management Inc. now owns 2,438 shares of the oil and gas exploration company’s stock worth $30,000 after purchasing an additional 1,044 shares during the period. BNP Paribas boosted its stake in Petroleo Brasileiro S.A.- Petrobras by 241.9% during the third quarter. BNP Paribas now owns 4,240 shares of the oil and gas exploration company’s stock valued at $54,000 after buying an additional 3,000 shares during the period. New Millennium Group LLC purchased a new position in Petroleo Brasileiro S.A.- Petrobras during the third quarter worth about $59,000. Activest Wealth Management grew its position in Petroleo Brasileiro S.A.- Petrobras by 78.5% during the third quarter. Activest Wealth Management now owns 6,864 shares of the oil and gas exploration company’s stock worth $87,000 after buying an additional 3,018 shares in the last quarter. Finally, Westfuller Advisors LLC bought a new position in Petroleo Brasileiro S.A.- Petrobras in the 3rd quarter worth about $90,000.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. UBS Group raised their price target on Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the company a “buy” rating in a report on Wednesday, January 14th. Wall Street Zen upgraded shares of Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a research report on Sunday, March 22nd. Jefferies Financial Group downgraded shares of Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating and lowered their target price for the company from $20.30 to $19.00 in a research note on Friday, March 13th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a research report on Monday, December 29th. Finally, The Goldman Sachs Group boosted their price target on shares of Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $16.20.

Petroleo Brasileiro S.A.- Petrobras News Roundup

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

• Positive Sentiment: Analyst upgrade — Zacks moved PBR to a Zacks Rank #1 (Strong Buy), citing improved earnings prospects that can attract buy-side interest. Petrobras (PBR) Upgraded to Strong Buy: Here’s Why
• Positive Sentiment: New resource upside — reports say Petrobras discovered “high‑quality” oil offshore Brazil, a development that supports production/growth optionality and longer‑term cash flow outlook. Petrobras (PBR) discovers high quality oil offshore Brazil
• Positive Sentiment: Renewables push — Petrobras partnered with Fugro for geotechnical work on Brazil’s first licensed offshore wind pilot (18 MW), signaling diversification into renewables and potential new revenue streams. Petrobras Teams With Fugro for Geotechnical Work on Wind Project
• Positive Sentiment: Short-term momentum — coverage notes PBR rallied ~10.5% over the past week, indicating renewed investor interest that could support further gains if earnings and macro factors remain favourable. Petrobras (PBR) Is Up 10.48% in One Week: What You Should Know
• Neutral Sentiment: Quant recognition — PBR is highlighted as a top quant‑rated foreign stock amid volatility; useful as a data point for systematic funds but not a direct catalyst. Petróleo Brasileiro is the top quant rated foreign stock amid global market volatility
• Negative Sentiment: Domestic fuel‑price shock — Petrobras raised jet‑fuel prices by ~55% (reported by Reuters), a move tied to higher global oil prices and the U.S.-Israel/Iran war dynamics; large domestic price hikes increase political and regulatory scrutiny in Brazil and could trigger backlash or tighter government oversight. Brazil’s Petrobras raises jet fuel prices by around 55%
• Negative Sentiment: Near‑term price pressure — market notes and headlines this morning highlighted a pullback in PBR shares, reflecting profit‑taking after the recent run and immediate reaction to the fuel‑price announcement. Petrobras (PBR) Stock Slides as Market Rises: Facts to Know Before You Trade

Petroleo Brasileiro S.A.- Petrobras Trading Down 3.1%

NYSE PBR opened at $20.10 on Thursday. The company has a quick ratio of 0.48, a current ratio of 0.71 and a debt-to-equity ratio of 0.76. The stock’s 50-day simple moving average is $17.04 and its two-hundred day simple moving average is $13.96. Petroleo Brasileiro S.A.- Petrobras has a twelve month low of $11.03 and a twelve month high of $21.40. The company has a market capitalization of $129.53 billion, a price-to-earnings ratio of 6.61, a PEG ratio of 0.18 and a beta of 0.37.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) last posted its quarterly earnings data on Sunday, February 15th. The oil and gas exploration company reported $0.45 earnings per share (EPS) for the quarter. The firm had revenue of $23.61 billion during the quarter. Petroleo Brasileiro S.A.- Petrobras had a return on equity of 24.26% and a net margin of 22.01%. Research analysts forecast that Petroleo Brasileiro S.A.- Petrobras will post 2.14 EPS for the current fiscal year.

Petroleo Brasileiro S.A.- Petrobras Dividend Announcement

The company also recently announced a special dividend, which will be paid on Thursday, May 28th. Investors of record on Friday, April 24th will be given a $0.1191 dividend. The ex-dividend date is Friday, April 24th. Petroleo Brasileiro S.A.- Petrobras’s payout ratio is presently 11.51%.

About Petroleo Brasileiro S.A.- Petrobras

Petróleo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil’s energy sector and is a listed public company with global capital market presence.

Petrobras’s core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil’s coast.