Impact Partnership Wealth LLC Invests $647,000 in HF Sinclair Corporation $DINO

Impact Partnership Wealth LLC acquired a new position in shares of HF Sinclair Corporation (NYSE:DINO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 14,050 shares of the company’s stock, valued at approximately $647,000.

A number of other hedge funds also recently made changes to their positions in DINO. Invesco Ltd. lifted its holdings in shares of HF Sinclair by 104.3% during the 3rd quarter. Invesco Ltd. now owns 1,947,075 shares of the company’s stock worth $101,910,000 after acquiring an additional 994,090 shares during the last quarter. Merewether Investment Management LP bought a new stake in shares of HF Sinclair during the 3rd quarter worth $35,717,000. Dimensional Fund Advisors LP lifted its holdings in shares of HF Sinclair by 6.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 9,259,238 shares of the company’s stock worth $484,631,000 after acquiring an additional 560,194 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in HF Sinclair by 151.9% in the third quarter. Jacobs Levy Equity Management Inc. now owns 902,091 shares of the company’s stock worth $47,215,000 after purchasing an additional 543,983 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in HF Sinclair by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 16,830,649 shares of the company’s stock worth $775,556,000 after purchasing an additional 446,867 shares during the last quarter. 88.29% of the stock is owned by institutional investors.

Insider Activity

In related news, SVP Matthew Joyce sold 2,384 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $69.73, for a total value of $166,236.32. Following the completion of the transaction, the senior vice president directly owned 14,797 shares of the company’s stock, valued at $1,031,794.81. This represents a 13.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Vivek Garg sold 717 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $71.89, for a total transaction of $51,545.13. Following the completion of the transaction, the chief financial officer directly owned 11,475 shares of the company’s stock, valued at approximately $824,937.75. The trade was a 5.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 13,101 shares of company stock valued at $908,281. Insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on DINO. Wall Street Zen raised shares of HF Sinclair from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. BMO Capital Markets lowered their price target on shares of HF Sinclair from $65.00 to $60.00 and set an “outperform” rating for the company in a research note on Monday, February 23rd. TD Cowen boosted their price target on shares of HF Sinclair from $68.00 to $80.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Barclays boosted their price target on shares of HF Sinclair from $61.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. Finally, Raymond James Financial boosted their price target on shares of HF Sinclair from $66.00 to $75.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, March 25th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $70.82.

HF Sinclair Stock Performance

Shares of NYSE:DINO opened at $69.99 on Friday. The company has a market cap of $12.62 billion, a price-to-earnings ratio of 10.52 and a beta of 0.72. The company has a 50-day moving average price of $64.29 and a 200-day moving average price of $56.23. The company has a current ratio of 1.79, a quick ratio of 0.88 and a debt-to-equity ratio of 0.28. HF Sinclair Corporation has a 12 month low of $35.10 and a 12 month high of $74.72.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.69 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.75. The firm had revenue of $7.12 billion during the quarter, compared to the consensus estimate of $6.83 billion. HF Sinclair had a net margin of 4.46% and a return on equity of 11.94%. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.27) earnings per share. As a group, equities analysts anticipate that HF Sinclair Corporation will post 8.7 EPS for the current year.

HF Sinclair Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, May 11th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, May 11th. HF Sinclair’s dividend payout ratio is 30.08%.

About HF Sinclair

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.