PBF Energy Inc. (NYSE:PBF – Get Free Report) SVP James Fedena sold 77,085 shares of the business’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $49.60, for a total value of $3,823,416.00. Following the completion of the sale, the senior vice president owned 139,016 shares in the company, valued at $6,895,193.60. This represents a 35.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.
PBF Energy Stock Performance
Shares of PBF Energy stock opened at $45.28 on Friday. The stock has a market capitalization of $5.29 billion, a price-to-earnings ratio of -30.80, a price-to-earnings-growth ratio of 0.56 and a beta of 0.25. 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 business has a 50-day moving average of $39.77 and a 200 day moving average of $34.49. PBF Energy Inc. has a 12 month low of $13.61 and a 12 month high of $52.18.
PBF Energy (NYSE:PBF – Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.64. The company had revenue of $7.14 billion for the quarter, compared to analyst estimates 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 for the quarter was down 2.9% compared to the same quarter last year. During the same period in the prior year, the firm earned ($2.82) earnings per share. As a group, sell-side analysts forecast that PBF Energy Inc. will post -1.12 earnings per share for the current year.
PBF Energy Announces Dividend
Wall Street Analyst Weigh In
Several equities analysts have commented on PBF shares. Mizuho raised their price target on shares of PBF Energy from $38.00 to $45.00 and gave the company a “neutral” rating in a research report on Tuesday, March 17th. Citigroup increased their price objective on PBF Energy from $29.00 to $36.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Scotiabank upgraded PBF Energy to a “hold” rating in a report on Friday, March 27th. Wolfe Research cut PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 target price for the company. in a research note on Monday, December 8th. Finally, The Goldman Sachs Group upped their price target on PBF Energy from $33.00 to $41.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $32.92.
Get Our Latest Stock Analysis on PBF
Trending Headlines about PBF Energy
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 maintained a market‑perform view, giving the stock fresh analyst support and an implied upside to current levels. BMO PT Raise
- Positive Sentiment: PBF continues to pay a quarterly dividend ($0.275; annualized $1.10, ~2.4% yield) — a steady income cue that can attract income/value buyers, especially alongside refinery cash flows. Dividend / Marketbeat
- Neutral Sentiment: Macro commentary: refinery/oil names including PBF are highlighted as beneficiaries if geopolitical risk (e.g., Strait of Hormuz disruptions) tightens crude markets — a potential tailwind but not a company‑specific catalyst. USAToday Hormuz
- Neutral Sentiment: Several bullish value takes (Zacks, MSN summaries) frame PBF as a long‑term value/refining play; these may attract longer‑horizon investors but lack an immediate trading catalyst. Zacks Value Piece
- Negative Sentiment: Large, concentrated selling by major shareholder Control Empresarial De Capital: multiple Form 4 filings show combined disposals across Mar. 26–31 totaling several million shares (hundreds of millions in proceeds). The scale of these block sales increases supply pressure and is a clear negative signal. Control Empresarial Form 4
- Negative Sentiment: Multiple insider sales from senior executives and a director (Paul T. Davis, James Fedena, Thomas Nimbley) in late‑March represent meaningful reductions in insider positions and add to near‑term negative market psychology. Insider Trades Alert
- Negative Sentiment: Analyst consensus remains mixed/weak (MarketBeat shows a “Reduce” tilt and an average target below current levels), limiting conviction for buyers despite individual raises. Marketbeat Consensus
Institutional Investors Weigh In On PBF Energy
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its stake in PBF Energy by 197.7% during the third quarter. Smartleaf Asset Management LLC now owns 887 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 589 shares during the last quarter. Torren Management LLC purchased a new position in PBF Energy in the fourth quarter valued at approximately $30,000. Deseret Mutual Benefit Administrators increased its stake in PBF Energy by 62.3% in the third quarter. Deseret Mutual Benefit Administrators now owns 1,146 shares of the oil and gas company’s stock valued at $35,000 after purchasing an additional 440 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in PBF Energy during the fourth quarter worth approximately $31,000. Finally, Hantz Financial Services Inc. lifted its position in shares of PBF Energy by 235.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,299 shares of the oil and gas company’s stock worth $39,000 after buying an additional 912 shares during the last quarter. Institutional investors and hedge funds own 96.29% of the company’s stock.
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.
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