Insider Selling: PBF Energy (NYSE:PBF) SVP Sells $3,823,416.00 in Stock

PBF Energy Inc. (NYSE:PBF) SVP James Fedena sold 77,085 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $49.60, for a total transaction of $3,823,416.00. Following the completion of the sale, the senior vice president owned 139,016 shares of the company’s stock, valued at $6,895,193.60. The trade was a 35.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

PBF Energy Trading Down 0.2%

Shares of NYSE PBF opened at $45.28 on Friday. PBF Energy Inc. has a 1-year low of $13.61 and a 1-year high of $52.18. The company has a 50-day moving average of $39.77 and a two-hundred day moving average of $34.52. The company has a market cap of $5.29 billion, a PE ratio of -30.80, a P/E/G ratio of 0.56 and a beta of 0.25. The company has a current ratio of 1.21, a quick ratio of 0.51 and a debt-to-equity ratio of 0.40.

PBF Energy (NYSE:PBF) last released its quarterly earnings results on Thursday, February 12th. The oil and gas company reported $0.49 EPS for the quarter, beating the consensus estimate of ($0.15) by $0.64. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. The business had revenue of $7.14 billion for the quarter, compared to analysts’ expectations of $7.17 billion. During the same period in the prior year, the firm earned ($2.82) earnings per share. PBF Energy’s revenue was down 2.9% compared to the same quarter last year. As a group, equities analysts expect that PBF Energy Inc. will post -1.12 earnings per share for the current fiscal year.

PBF Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were given a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Wednesday, February 25th. PBF Energy’s dividend payout ratio (DPR) is presently -74.83%.

Key PBF Energy News

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

• Positive Sentiment: BMO Capital Markets raised its price target on PBF to $50 (from $43) and maintained a market‑perform view, giving the stock fresh analyst support and an implied upside to current levels. BMO PT Raise
• Positive Sentiment: PBF continues to pay a quarterly dividend ($0.275; annualized $1.10, ~2.4% yield) — a steady income cue that can attract income/value buyers, especially alongside refinery cash flows. Dividend / Marketbeat
• Neutral Sentiment: Macro commentary: refinery/oil names including PBF are highlighted as beneficiaries if geopolitical risk (e.g., Strait of Hormuz disruptions) tightens crude markets — a potential tailwind but not a company‑specific catalyst. USAToday Hormuz
• Neutral Sentiment: Several bullish value takes (Zacks, MSN summaries) frame PBF as a long‑term value/refining play; these may attract longer‑horizon investors but lack an immediate trading catalyst. Zacks Value Piece
• Negative Sentiment: Large, concentrated selling by major shareholder Control Empresarial De Capital: multiple Form 4 filings show combined disposals across Mar. 26–31 totaling several million shares (hundreds of millions in proceeds). The scale of these block sales increases supply pressure and is a clear negative signal. Control Empresarial Form 4
• Negative Sentiment: Multiple insider sales from senior executives and a director (Paul T. Davis, James Fedena, Thomas Nimbley) in late‑March represent meaningful reductions in insider positions and add to near‑term negative market psychology. Insider Trades Alert
• Negative Sentiment: Analyst consensus remains mixed/weak (MarketBeat shows a “Reduce” tilt and an average target below current levels), limiting conviction for buyers despite individual raises. Marketbeat Consensus

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. The Goldman Sachs Group upped their price target on PBF Energy from $33.00 to $41.00 and gave the company a “neutral” rating in a research note on Thursday, March 12th. Weiss Ratings reissued a “sell (d)” rating on shares of PBF Energy in a report on Monday, December 29th. Mizuho upped their target price on shares of PBF Energy from $38.00 to $45.00 and gave the company a “neutral” rating in a research report on Tuesday, March 17th. Zacks Research raised shares of PBF Energy from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 19th. Finally, Tudor Pickering upgraded shares of PBF Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, February 13th. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, PBF Energy has a consensus rating of “Reduce” and an average price target of $32.92.

Institutional Investors Weigh In On PBF Energy

Several hedge funds have recently bought and sold shares of PBF. Smartleaf Asset Management LLC boosted 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 worth $27,000 after purchasing an additional 589 shares in the last quarter. Torren Management LLC bought a new stake in shares of PBF Energy in the 4th quarter valued at $30,000. Los Angeles Capital Management LLC bought a new stake in shares of PBF Energy in the 4th quarter valued at $31,000. Deseret Mutual Benefit Administrators raised its stake in PBF Energy by 62.3% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,146 shares of the oil and gas company’s stock worth $35,000 after buying an additional 440 shares during the period. Finally, Hantz Financial Services Inc. raised its stake in 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 buying an additional 912 shares during the period. 96.29% of the stock is currently owned by institutional investors and hedge funds.

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.