Insider Selling: PBF Energy (NYSE:PBF) SVP Sells $5,557,500.00 in Stock

PBF Energy Inc. (NYSE:PBF) SVP Trecia Canty sold 75,000 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $74.10, for a total value of $5,557,500.00. Following the sale, the senior vice president directly owned 191,779 shares in the company, valued at $14,210,823.90. This represents a 28.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

PBF Energy Price Performance

PBF Energy stock opened at $73.92 on Thursday. The stock’s fifty day moving average price is $56.34 and its two-hundred day moving average price is $46.34. PBF Energy Inc. has a one year low of $22.13 and a one year high of $75.68. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.33 and a quick ratio of 0.67. The firm has a market cap of $8.76 billion, a PE ratio of 6.54, a price-to-earnings-growth ratio of 0.09 and a beta of 0.10.

PBF Energy (NYSE:PBF) last announced its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $6.22 earnings per share for the quarter, beating the consensus estimate of $4.15 by $2.07. The firm had revenue of $11.68 billion during the quarter, compared to analysts’ expectations of $9.61 billion. PBF Energy had a return on equity of 11.27% and a net margin of 3.94%.The company’s quarterly revenue was up 56.2% compared to the same quarter last year. During the same period in the previous year, the firm earned ($1.03) EPS. As a group, research analysts expect that PBF Energy Inc. will post 15.74 EPS for the current fiscal year.

PBF Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. PBF Energy’s payout ratio is 9.73%.

Analysts Set New Price Targets

A number of brokerages have issued reports on PBF. Mizuho increased their price objective on shares of PBF Energy from $57.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. The Goldman Sachs Group upped their price target on shares of PBF Energy from $71.00 to $81.00 and gave the stock a “neutral” rating in a report on Tuesday. Citigroup increased their price target on shares of PBF Energy from $65.00 to $74.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Morgan Stanley lifted their price objective on shares of PBF Energy from $34.00 to $38.00 and gave the company an “underweight” rating in a research note on Friday, June 12th. Finally, UBS Group boosted their price objective on shares of PBF Energy from $62.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, PBF Energy currently has a consensus rating of “Reduce” and an average price target of $50.92.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Torren Management LLC acquired a new position in PBF Energy during the fourth quarter worth about $30,000. Los Angeles Capital Management LLC acquired a new stake in shares of PBF Energy in the 4th quarter valued at approximately $31,000. Leonteq Securities AG acquired a new stake in shares of PBF Energy in the 1st quarter valued at approximately $33,000. Smartleaf Asset Management LLC grew its holdings in shares of PBF Energy by 65.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,466 shares of the oil and gas company’s stock valued at $38,000 after purchasing an additional 579 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. bought a new stake in shares of PBF Energy during the 4th quarter valued at approximately $57,000. Institutional investors own 96.29% of the company’s stock.

PBF Energy News Summary

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

• Positive Sentiment: Goldman Sachs raised its price target for PBF Energy from $71 to $81 while maintaining a neutral rating, indicating additional potential upside from recent levels. Goldman Sachs Price Target Update
• Positive Sentiment: The company continues to benefit from strong recent fundamentals. Second-quarter earnings significantly exceeded expectations, the Martinez refinery restart was completed, and gross debt declined by more than $1 billion. Tight fuel supplies and elevated gasoline prices could also support refining margins. PBF Energy Martinez Refinery Restart
• Neutral Sentiment: Analysts and quantitative screens continue to identify PBF Energy as a potential growth or value opportunity because of its low valuation and improving financial performance. However, the broader analyst consensus remains cautious, reflecting the cyclical nature of refining earnings. PBF Energy Growth Stock Analysis
• Negative Sentiment: Director Thomas J. Nimbley sold 341,008 shares over August 17–19 for approximately $25.4 million, reducing his holdings by roughly 38% across the reported transactions. Control Empresarial de Capital also sold 120,000 shares for about $9.0 million and has made multiple recent sales. The scale and clustering of these transactions may signal profit-taking or raise concerns about insider confidence. PBF Energy Insider Sale Filings
• Negative Sentiment: PBF Energy’s rapid rally has brought valuation and margin sustainability into focus. Some analysts retain sell ratings, and the consensus price target remains well below the recent trading range, suggesting investors may be concerned that peak refining margins and earnings are not durable. PBF Energy Refining Margins and Valuation

About PBF Energy

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.