Barings LLC Has $6.72 Million Stock Holdings in Valero Energy Corporation $VLO

Barings LLC boosted its position in Valero Energy Corporation (NYSE:VLO) by 36.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,199 shares of the oil and gas company’s stock after acquiring an additional 7,296 shares during the period. Barings LLC’s holdings in Valero Energy were worth $6,720,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VLO. Woodline Partners LP lifted its position in Valero Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 26,747 shares of the oil and gas company’s stock valued at $3,532,000 after purchasing an additional 7,735 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Valero Energy by 13.0% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,929 shares of the oil and gas company’s stock valued at $259,000 after purchasing an additional 222 shares during the last quarter. Gamco Investors INC. ET AL acquired a new stake in shares of Valero Energy during the 2nd quarter worth approximately $528,000. Sei Investments Co. grew its position in shares of Valero Energy by 11.3% during the 2nd quarter. Sei Investments Co. now owns 269,043 shares of the oil and gas company’s stock worth $36,165,000 after buying an additional 27,291 shares during the period. Finally, Treasurer of the State of North Carolina raised its stake in shares of Valero Energy by 0.9% during the second quarter. Treasurer of the State of North Carolina now owns 145,810 shares of the oil and gas company’s stock worth $19,600,000 after buying an additional 1,338 shares during the last quarter. 78.69% of the stock is currently owned by institutional investors and hedge funds.

Valero Energy Price Performance

VLO opened at $300.48 on Friday. The stock has a market cap of $89.22 billion, a P/E ratio of 21.84, a P/E/G ratio of 0.36 and a beta of 0.55. Valero Energy Corporation has a 12 month low of $130.78 and a 12 month high of $303.64. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 0.39. The company has a fifty day simple moving average of $257.59 and a 200 day simple moving average of $228.76.

Valero Energy (NYSE:VLO) last posted its earnings results on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share for the quarter, topping the consensus estimate of $3.16 by $1.06. Valero Energy had a return on equity of 15.94% and a net margin of 3.37%.The firm had revenue of $32.38 billion for the quarter, compared to analyst estimates of $31.38 billion. During the same period in the previous year, the company posted $0.89 earnings per share. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. On average, research analysts expect that Valero Energy Corporation will post 32.04 EPS for the current year.

Valero Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, July 31st will be issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, July 31st. Valero Energy’s payout ratio is 34.88%.

Insider Buying and Selling at Valero Energy

In related news, SVP Eric A. Fisher sold 7,500 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $268.17, for a total value of $2,011,275.00. Following the completion of the transaction, the senior vice president directly owned 19,742 shares in the company, valued at approximately $5,294,212.14. The trade was a 27.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.36% of the stock is owned by company insiders.

Trending Headlines about Valero Energy

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

• Positive Sentiment: Valero declared a regular quarterly cash dividend of $1.20 per share, reinforcing its shareholder-return profile and signaling confidence in cash generation. Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
• Positive Sentiment: Analyst-related coverage suggested Valero could run higher on rising earnings estimates, which typically supports the stock by pointing to improving profit expectations. Can Valero Energy (VLO) Run Higher on Rising Earnings Estimates?
• Positive Sentiment: Multiple reports said VLO hit a new 52-week high after an analyst upgrade, suggesting Wall Street sentiment has turned more constructive and helped extend the stock’s recent strength. Valero Energy (NYSE:VLO) Sets New 12-Month High Following Analyst Upgrade
• Neutral Sentiment: There was also unusual options activity, with traders buying more put options than normal, which may indicate hedging or caution, but does not by itself explain a major fundamental shift.
• Neutral Sentiment: Broader refining-margin commentary for the sector was supportive overall, but it was focused on Marathon Petroleum rather than Valero specifically.

Analyst Ratings Changes

VLO has been the topic of a number of recent research reports. Wolfe Research reaffirmed an “underperform” rating and issued a $203.00 price objective on shares of Valero Energy in a research note on Tuesday, April 21st. BMO Capital Markets upped their target price on shares of Valero Energy from $230.00 to $270.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. Wall Street Zen raised Valero Energy from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 4th. Weiss Ratings lowered Valero Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, July 8th. Finally, Piper Sandler lifted their price objective on Valero Energy from $236.00 to $263.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $253.06.

Valero Energy 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.