Quadrant Private Wealth Management LLC decreased its position in Valero Energy Corporation (NYSE:VLO – Free Report) by 82.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,520 shares of the oil and gas company’s stock after selling 16,016 shares during the period. Quadrant Private Wealth Management LLC’s holdings in Valero Energy were worth $870,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VLO. Whipplewood Advisors LLC increased its holdings in shares of Valero Energy by 3,400.0% in the first quarter. Whipplewood Advisors LLC now owns 105 shares of the oil and gas company’s stock valued at $26,000 after purchasing an additional 102 shares during the period. JPL Wealth Management LLC acquired a new stake in shares of Valero Energy during the third quarter worth about $27,000. Financial Life Planners purchased a new stake in Valero Energy in the first quarter valued at approximately $28,000. Valued Wealth Advisors LLC boosted its position in Valero Energy by 134.0% in the first quarter. Valued Wealth Advisors LLC now owns 117 shares of the oil and gas company’s stock valued at $29,000 after buying an additional 67 shares during the last quarter. Finally, Torren Management LLC acquired a new position in Valero Energy in the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 78.69% of the company’s stock.
Insider Buying and Selling
In related news, SVP Eric A. Fisher sold 7,500 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $268.17, for a total transaction of $2,011,275.00. Following the sale, the senior vice president owned 19,742 shares in the company, valued at approximately $5,294,212.14. This trade represents a 27.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.36% of the company’s stock.
Valero Energy Stock Up 3.1%
Valero Energy (NYSE:VLO – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The oil and gas company reported $4.22 EPS for the quarter, topping the consensus estimate of $3.16 by $1.06. The business had revenue of $32.38 billion for the quarter, compared to analyst estimates of $31.38 billion. Valero Energy had a return on equity of 15.94% and a net margin of 3.37%.The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.89 EPS. As a group, sell-side analysts expect that Valero Energy Corporation will post 32.04 EPS for the current year.
Valero Energy Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, July 31st will be issued a dividend of $1.20 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a $4.80 dividend on an annualized basis and a yield of 1.6%. Valero Energy’s dividend payout ratio is 34.88%.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on VLO. UBS Group reissued a “buy” rating and set a $280.00 price target on shares of Valero Energy in a research report on Thursday, June 11th. TD Cowen upped their price objective on shares of Valero Energy from $276.00 to $292.00 and gave the company a “hold” rating in a report on Monday, June 29th. Wolfe Research reiterated an “underperform” rating and issued a $203.00 price objective on shares of Valero Energy in a research note on Tuesday, April 21st. Citigroup raised their target price on shares of Valero Energy from $259.00 to $302.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Mizuho boosted their target price on shares of Valero Energy from $222.00 to $289.00 and gave the company a “neutral” rating in a research report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $253.06.
Get Our Latest Stock Report on Valero Energy
Valero Energy News Roundup
Here are the key news stories impacting Valero Energy this week:
- Positive Sentiment: Valero expanded its share repurchase authorization, which can boost earnings per share over time and indicates the board sees value in the stock. Valero Energy Expands Share Repurchase Authorization Program
- Positive Sentiment: Valero declared a quarterly cash dividend of $1.20 per share, reinforcing its appeal to income-focused investors and highlighting strong cash generation. Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
- Positive Sentiment: Energy stocks rose late Friday afternoon, with the broader sector gaining on the day, which likely provided a supportive backdrop for VLO shares. Sector Update: Energy Stocks Rise Late Afternoon
- Neutral Sentiment: Separately, there was unusual put-option activity in Valero, suggesting some traders are hedging or positioning for near-term volatility rather than making a clear directional bet.
- Neutral Sentiment: Recent articles also pointed to improving earnings estimates and momentum, which may be helping sentiment, though these were commentary pieces rather than new company announcements. Can Valero Energy (VLO) Run Higher on Rising Earnings Estimates?
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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