1,237 Valero Energy Corporation $VLO Shares Acquired by Signaturefd LLC

Signaturefd LLC increased its holdings in Valero Energy Corporation (NYSE:VLO) by 30.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,333 shares of the oil and gas company’s stock after purchasing an additional 1,237 shares during the quarter. Signaturefd LLC’s holdings in Valero Energy were worth $2,067,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Citizens Financial Group Inc. RI grew its stake in Valero Energy by 37.5% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 9,566 shares of the oil and gas company’s stock valued at $3,708,000 after acquiring an additional 2,608 shares during the last quarter. Simplicity Wealth LLC increased its holdings in Valero Energy by 10.4% during the 3rd quarter. Simplicity Wealth LLC now owns 17,001 shares of the oil and gas company’s stock valued at $6,590,000 after acquiring an additional 1,607 shares in the last quarter. Carolina Wealth Advisors LLC raised its position in Valero Energy by 36,861.1% during the third quarter. Carolina Wealth Advisors LLC now owns 6,653 shares of the oil and gas company’s stock worth $2,579,000 after acquiring an additional 6,635 shares during the last quarter. NTV Asset Management LLC acquired a new position in Valero Energy during the third quarter worth about $296,000. Finally, Sowell Financial Services LLC raised its position in Valero Energy by 2.2% during the third quarter. Sowell Financial Services LLC now owns 20,885 shares of the oil and gas company’s stock worth $8,095,000 after acquiring an additional 440 shares during the last quarter. 78.69% of the stock is owned by institutional investors and hedge funds.

Valero Energy News Summary

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

• Positive Sentiment: Positive earnings momentum: Recent coverage says Valero is well positioned for a potential near-term surge because analysts have been revising earnings estimates higher. The company’s latest reported quarter also substantially exceeded consensus EPS and revenue expectations, supported by strong refining margins. Why Valero Energy Might Be Well Poised for a Surge
• Positive Sentiment: Growth and valuation appeal: Zacks characterizes VLO as having several solid growth attributes that could help it outperform the broader market. The stock’s strong profitability, recent earnings growth and relatively low valuation may be attracting investors. Is Valero Energy a Solid Growth Stock?
• Positive Sentiment: Analyst support: Wall Street coverage remains mixed but includes a “Moderate Buy” consensus, with Citigroup and Barclays analysts expecting additional appreciation. Valero Stock Rated Moderate Buy
• Neutral Sentiment: Potential defensive characteristics: Commentary presents Valero as a possible hedge during periods of market or energy-sector uncertainty, while emphasizing that the strategy involves trade-offs and remains exposed to cyclical refining conditions. Valero: A Potential Hedge, But Not Without Trade-Offs
• Negative Sentiment: Downside risks remain: Valero’s record quarter was accompanied by lighter fourth-quarter guidance, while potential Russian diesel imports, crude-price pressure and weaker refining margins could reduce future earnings. Valero’s Windfall Quarter Meets Washington’s Push for Cheaper Diesel
• Negative Sentiment: Profit-taking risk: Investor Michael Burry is considering selling, reducing or donating some long-held positions, including Valero, because he views valuations as stretched. Freedom Broker also issued a sell rating, creating a counterweight to the more bullish analyst forecasts. Michael Burry Eyes the Exit on Valero

Analyst Upgrades and Downgrades

VLO has been the topic of several research reports. Erste Group Bank lowered shares of Valero Energy from a “buy” rating to a “hold” rating in a research report on Thursday, August 27th. Bank of America raised their price target on Valero Energy from $395.00 to $414.00 and gave the stock a “neutral” rating in a research report on Friday, October 2nd. Wells Fargo & Company increased their price objective on Valero Energy from $485.00 to $489.00 and gave the company an “overweight” rating in a research note on Friday. TD Cowen lifted their price objective on Valero Energy from $375.00 to $400.00 and gave the stock a “hold” rating in a research report on Thursday, October 22nd. Finally, Morgan Stanley boosted their target price on shares of Valero Energy from $255.00 to $411.00 and gave the company an “equal weight” rating in a research note on Monday, September 14th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Valero Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $379.94.

Valero Energy Stock Up 1.7%

VLO stock opened at $426.23 on Tuesday. The company has a 50 day moving average price of $392.44 and a two-hundred day moving average price of $279.72. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.23 and a current ratio of 1.64. The stock has a market capitalization of $122.72 billion, a P/E ratio of 9.59, a PEG ratio of 0.24 and a beta of 0.59. Valero Energy Corporation has a one year low of $159.90 and a one year high of $461.52.

Valero Energy (NYSE:VLO) last issued its quarterly earnings results on Thursday, October 22nd. The oil and gas company reported $23.90 earnings per share for the quarter, topping analysts’ consensus estimates of $21.17 by $2.73. Valero Energy had a return on equity of 47.50% and a net margin of 8.44%. The company had revenue of $46.10 billion for the quarter, compared to analyst estimates of $42.71 billion. During the same quarter in the prior year, the company posted $3.66 EPS. The business’s revenue for the quarter was up 43.3% compared to the same quarter last year. As a group, sell-side analysts expect that Valero Energy Corporation will post 54.22 EPS for the current year.

Valero Energy Profile

Valero Energy Corporation is an international energy company headquartered in San Antonio, Texas. The company’s primary business is refining and marketing transportation fuels, including gasoline, diesel, jet fuel and other products used by commercial, industrial and consumer customers.

Valero operates refineries in the United States, Canada and the United Kingdom. Its refining operations also produce asphalt, petrochemical feedstocks and other petroleum-based products. The company markets fuel through wholesale channels and branded retail networks, including Valero, Beacon and Shamrock-branded locations.

In addition to conventional refining, Valero has businesses focused on renewable fuels.