IFM Investors Pty Ltd increased its position in Valero Energy Corporation (NYSE:VLO – Free Report) by 7.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,179 shares of the oil and gas company’s stock after buying an additional 3,501 shares during the period. IFM Investors Pty Ltd’s holdings in Valero Energy were worth $12,645,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the company. State Street Corp increased its holdings in shares of Valero Energy by 0.9% during the fourth quarter. State Street Corp now owns 18,177,191 shares of the oil and gas company’s stock valued at $2,959,065,000 after acquiring an additional 163,975 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Valero Energy by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,950,982 shares of the oil and gas company’s stock worth $1,945,500,000 after purchasing an additional 63,919 shares in the last quarter. Norges Bank bought a new position in shares of Valero Energy in the 4th quarter worth $1,111,542,000. Franklin Resources Inc. grew its position in Valero Energy by 7.5% in the 4th quarter. Franklin Resources Inc. now owns 5,668,210 shares of the oil and gas company’s stock valued at $922,728,000 after purchasing an additional 394,693 shares during the period. Finally, Barclays PLC grew its position in Valero Energy by 5.3% in the 3rd quarter. Barclays PLC now owns 4,143,672 shares of the oil and gas company’s stock valued at $705,502,000 after purchasing an additional 209,597 shares during the period. 78.69% of the stock is owned by institutional investors and hedge funds.
Valero Energy Trading Up 3.5%
Shares of VLO stock opened at $269.59 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.15 and a current ratio of 1.58. The company has a market capitalization of $80.05 billion, a price-to-earnings ratio of 19.59, a PEG ratio of 0.37 and a beta of 0.55. Valero Energy Corporation has a 52-week low of $130.78 and a 52-week high of $272.17. The company has a 50-day simple moving average of $248.37 and a two-hundred day simple moving average of $219.60.
Valero Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, May 21st were given a $1.20 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $4.80 annualized dividend and a yield of 1.8%. Valero Energy’s payout ratio is currently 34.88%.
Analyst Ratings Changes
Several research firms have weighed in on VLO. Wells Fargo & Company upped their price objective on shares of Valero Energy from $220.00 to $292.00 and gave the stock an “overweight” rating in a report on Tuesday, March 31st. Scotiabank lifted their price objective on shares of Valero Energy from $178.00 to $226.00 and gave the company a “sector outperform” rating in a report on Wednesday, April 22nd. Barclays boosted their target price on shares of Valero Energy from $261.00 to $279.00 and gave the stock an “overweight” rating in a research report on Wednesday. Morgan Stanley upped their target price on shares of Valero Energy from $232.00 to $255.00 and gave the stock an “equal weight” rating in a report on Friday, June 12th. Finally, Citigroup raised their price target on shares of Valero Energy from $246.00 to $259.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Valero Energy has a consensus rating of “Moderate Buy” and an average price target of $247.59.
View Our Latest Stock Report on Valero Energy
Insider Activity
In related news, SVP Eric A. Fisher sold 7,500 shares of the business’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $268.17, for a total value of $2,011,275.00. Following the transaction, the senior vice president directly owned 19,742 shares of the company’s stock, valued at approximately $5,294,212.14. The trade was a 27.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.36% of the stock is currently owned by corporate insiders.
Valero Energy News Summary
Here are the key news stories impacting Valero Energy this week:
- Positive Sentiment: Barclays raised its price target on Valero Energy to $279 and kept an overweight rating, signaling additional upside for the stock.
- Positive Sentiment: Erste Group Bank increased its FY2026 and FY2027 EPS estimates for Valero, reflecting stronger profit expectations.
- Positive Sentiment: A recent bullish analysis on Valero suggested the refining upcycle could outlast near-term geopolitical concerns, which may support refining margins and earnings.
Valero Energy Company Profile
Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.
In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.
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