PBF Energy (NYSE:PBF) Insider Sells $22,193,440.00 in Stock

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 472,000 shares of the stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $47.02, for a total transaction of $22,193,440.00. Following the completion of the sale, the insider owned 22,132,898 shares of the company’s stock, valued at $1,040,688,863.96. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Control Empresarial De Capital also recently made the following trade(s):

• On Wednesday, March 25th, Control Empresarial De Capital sold 469,700 shares of PBF Energy stock. The stock was sold at an average price of $49.44, for a total transaction of $23,221,968.00.
• On Tuesday, March 24th, Control Empresarial De Capital sold 687,500 shares of PBF Energy stock. The stock was sold at an average price of $49.49, for a total transaction of $34,024,375.00.
• On Friday, March 20th, Control Empresarial De Capital sold 340,000 shares of PBF Energy stock. The shares were sold at an average price of $48.84, for a total transaction of $16,605,600.00.
• On Thursday, March 19th, Control Empresarial De Capital sold 52,000 shares of PBF Energy stock. The shares were sold at an average price of $50.18, for a total transaction of $2,609,360.00.
• On Wednesday, March 18th, Control Empresarial De Capital sold 1,100,000 shares of PBF Energy stock. The stock was sold at an average price of $46.21, for a total transaction of $50,831,000.00.
• On Tuesday, March 17th, Control Empresarial De Capital sold 600,000 shares of PBF Energy stock. The stock was sold at an average price of $44.43, for a total value of $26,658,000.00.
• On Monday, March 16th, Control Empresarial De Capital sold 49,200 shares of PBF Energy stock. The shares were sold at an average price of $44.29, for a total value of $2,179,068.00.
• On Friday, March 13th, Control Empresarial De Capital sold 380,000 shares of PBF Energy stock. The shares were sold at an average price of $43.30, for a total value of $16,454,000.00.
• On Thursday, March 12th, Control Empresarial De Capital sold 265,000 shares of PBF Energy stock. The stock was sold at an average price of $43.55, for a total value of $11,540,750.00.
• On Wednesday, March 11th, Control Empresarial De Capital sold 838,000 shares of PBF Energy stock. The stock was sold at an average price of $41.91, for a total value of $35,120,580.00.

PBF Energy Stock Performance

NYSE PBF opened at $51.19 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.51 and a current ratio of 1.21. The stock’s fifty day moving average is $38.27 and its two-hundred day moving average is $33.85. The firm has a market capitalization of $5.99 billion, a P/E ratio of -34.82, a price-to-earnings-growth ratio of 0.63 and a beta of 0.41. PBF Energy Inc. has a fifty-two week low of $13.61 and a fifty-two week high of $51.80.

PBF Energy (NYSE:PBF) last issued its earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.64. PBF Energy had a negative return on equity of 8.86% and a negative net margin of 0.54%.The business had revenue of $7.14 billion during the quarter, compared to the consensus estimate of $7.17 billion. During the same period last year, the company earned ($2.82) EPS. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. On average, research analysts anticipate that PBF Energy Inc. will post -1.12 earnings per share for the current year.

PBF Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were given a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 2.1%. The ex-dividend date was Wednesday, February 25th. PBF Energy’s dividend payout ratio (DPR) is presently -74.83%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of PBF. Smartleaf Asset Management LLC increased its position in shares of PBF Energy by 197.7% during the third quarter. Smartleaf Asset Management LLC now owns 887 shares of the oil and gas company’s stock valued at $27,000 after acquiring an additional 589 shares during the last quarter. Torren Management LLC purchased a new stake in shares of PBF Energy in the 4th quarter valued at approximately $30,000. Deseret Mutual Benefit Administrators lifted its holdings in shares of PBF Energy by 62.3% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,146 shares of the oil and gas company’s stock worth $35,000 after acquiring an additional 440 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of PBF Energy in the 4th quarter worth approximately $31,000. Finally, Hantz Financial Services Inc. boosted its position in shares of PBF Energy by 235.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,299 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 912 shares during the period. Hedge funds and other institutional investors own 96.29% of the company’s stock.

Trending Headlines about PBF Energy

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

• Positive Sentiment: Sector-driven rally: refiners have been bid on stronger crack spreads and geopolitical spillover, helping push PBF to a one‑year high and supporting near‑term momentum. Article
• Positive Sentiment: Lower short interest: reported reductions in short positions reduce immediate short‑covering pressure and can help sustain rallies if forward fundamentals hold.
• Positive Sentiment: Recent earnings beat and dividend: PBF’s Feb quarter showed an EPS beat and the company maintains a quarterly dividend — both supportive fundamentals for sentiment. MarketBeat stock page
• Neutral Sentiment: Upcoming catalyst: PBF will report Q1 results on April 30 — this could amplify volatility (positive or negative) depending on crack spreads, throughput and margins. Earnings release
• Neutral Sentiment: Mixed analyst views: several firms have adjusted targets (some raised, some cut) leaving an overall consensus around “reduce”; this creates uncertain analyst‑driven upside. Analyst summary
• Negative Sentiment: Large insider selling by major holder Control Empresarial De Capital: multiple block sales in March totaling millions of shares and tens of millions of dollars, trimming their stake — a clear negative for sentiment and a source of supply pressure. InsiderTrades alert / SEC files
• Negative Sentiment: Director and officer sales: Director Thomas J. Nimbley and SVP Trecia Canty disclosed multi‑million dollar stock sales this week, reducing their holdings — may signal liquidity-taking and increase near‑term selling pressure. Director sale SVP filing
• Negative Sentiment: Bank of America maintains a sell rating: at least one major bank remains cautious on PBF, which can weigh on upside despite sector tailwinds. Globe and Mail

Analyst Ratings Changes

PBF has been the topic of several recent analyst reports. Zacks Research upgraded shares of PBF Energy from a “strong sell” rating to a “hold” rating in a report on Thursday, February 19th. Piper Sandler lifted their price target on shares of PBF Energy from $41.00 to $42.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. BMO Capital Markets reiterated a “market perform” rating and issued a $34.00 price objective on shares of PBF Energy in a report on Monday, January 5th. Wolfe Research lowered PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price objective for the company. in a research report on Monday, December 8th. Finally, Mizuho raised their target price on PBF Energy from $38.00 to $45.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 17th. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $31.69.

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.