Ellsworth Advisors LLC Acquires New Position in Petroleo Brasileiro S.A.- Petrobras $PBR

Ellsworth Advisors LLC acquired a new position in shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) in the 4th quarter, HoldingsChannel reports. The firm acquired 458,421 shares of the oil and gas exploration company’s stock, valued at approximately $5,781,000.

A number of other institutional investors also recently bought and sold shares of PBR. Geneos Wealth Management Inc. increased its stake in Petroleo Brasileiro S.A.- Petrobras by 74.9% during 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 acquiring an additional 1,044 shares during the last quarter. BNP Paribas grew its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 241.9% during the 3rd quarter. BNP Paribas now owns 4,240 shares of the oil and gas exploration company’s stock worth $54,000 after purchasing an additional 3,000 shares during the period. New Millennium Group LLC purchased a new position in shares of Petroleo Brasileiro S.A.- Petrobras during the 3rd quarter worth $59,000. Activest Wealth Management increased its position in shares of Petroleo Brasileiro S.A.- Petrobras by 78.5% during the 3rd quarter. Activest Wealth Management now owns 6,864 shares of the oil and gas exploration company’s stock worth $87,000 after purchasing an additional 3,018 shares during the last quarter. Finally, Westfuller Advisors LLC purchased a new stake in Petroleo Brasileiro S.A.- Petrobras in the 3rd quarter valued at about $90,000.

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

Shares of NYSE PBR opened at $20.10 on Thursday. The stock has a market cap of $129.53 billion, a P/E ratio of 6.61, a PEG ratio of 0.18 and a beta of 0.37. The business’s fifty day simple moving average is $17.04 and its 200-day simple moving average is $13.96. Petroleo Brasileiro S.A.- Petrobras has a 12-month low of $11.03 and a 12-month high of $21.40. The company has a current ratio of 0.71, a quick ratio of 0.48 and a debt-to-equity ratio of 0.76.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) last released its earnings results on Sunday, February 15th. The oil and gas exploration company reported $0.45 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%. As a group, equities analysts predict that Petroleo Brasileiro S.A.- Petrobras will post 2.14 EPS for the current fiscal year.

Petroleo Brasileiro S.A.- Petrobras Announces Dividend

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 paid a dividend of $0.1191 per share. The ex-dividend date is Friday, April 24th. Petroleo Brasileiro S.A.- Petrobras’s dividend payout ratio is presently 11.51%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on PBR. Wall Street Zen raised shares of Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a research report on Sunday, March 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a report on Monday, December 29th. Jefferies Financial Group cut 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 report on Friday, March 13th. UBS Group lifted their target price on Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Finally, The Goldman Sachs Group increased 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 report on Wednesday, February 11th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $16.20.

More Petroleo Brasileiro S.A.- Petrobras News

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 Company Profile

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.