Thomas Nimbley Sells 125,000 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) Director Thomas Nimbley sold 125,000 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $74.55, for a total value of $9,318,750.00. Following the completion of the transaction, the director owned 793,737 shares in the company, valued at approximately $59,173,093.35. This trade represents a 13.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

PBF Energy Stock Performance

Shares of PBF opened at $69.52 on Friday. The firm has a market capitalization of $8.24 billion, a P/E ratio of 6.15, a PEG ratio of 0.08 and a beta of 0.10. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.33 and a quick ratio of 0.67. PBF Energy Inc. has a one year low of $22.13 and a one year high of $75.68. The business has a fifty day moving average of $56.91 and a 200 day moving average of $46.60.

PBF Energy (NYSE:PBF) last posted its earnings results on Thursday, July 30th. The oil and gas company reported $6.22 earnings per share for the quarter, beating analysts’ consensus estimates of $4.15 by $2.07. The company had revenue of $11.68 billion for the quarter, compared to the consensus estimate of $9.61 billion. PBF Energy had a return on equity of 11.27% and a net margin of 3.94%.PBF Energy’s revenue was up 56.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($1.03) earnings per share. As a group, sell-side analysts anticipate that PBF Energy Inc. will post 15.74 EPS for the current year.

PBF Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, August 14th. PBF Energy’s dividend payout ratio is 9.73%.

Key Headlines Impacting PBF Energy

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

• Positive Sentiment: Goldman Sachs raised its price target for PBF Energy from $71 to $81, signaling potential upside despite maintaining a neutral rating. The company’s recent earnings also provide support: quarterly EPS of $6.22 exceeded the $4.15 consensus estimate, while revenue rose 56.2% year over year to $11.68 billion.
• Positive Sentiment: PBF Energy’s operating outlook remains supported by tight fuel supplies, elevated gasoline prices and the completed restart of its Martinez refinery. Analysts expect approximately $15.74 in EPS for the current fiscal year, and the company recently declared a $0.275 quarterly dividend.
• Neutral Sentiment: Growth-oriented screens continue to highlight PBF Energy’s improving financial performance and relatively low valuation. However, refining profits are cyclical, and the broader analyst consensus remains cautious, with a “Reduce” rating and a consensus target price below the recent trading range. PBF Energy Growth Stock Analysis
• Negative Sentiment: Director Thomas Nimbley reported sales totaling 341,008 shares across August 17–19, worth approximately $25.4 million. The transactions materially reduced his reported position and may be interpreted as profit-taking or a signal of caution after the stock’s sharp rally. Thomas Nimbley Insider Sale
• Negative Sentiment: Control Empresarial de Capital also sold 120,000 PBF Energy shares for approximately $9.0 million. The clustering of sizable insider sales increases near-term supply and reinforces concerns that current refining margins and earnings may not be sustainable at peak levels. PBF Energy Insider Trading News

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PBF. Royal Bank of Canada lifted its holdings in PBF Energy by 63.6% during the first quarter. Royal Bank of Canada now owns 30,932 shares of the oil and gas company’s stock valued at $590,000 after purchasing an additional 12,025 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of PBF Energy by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,723 shares of the oil and gas company’s stock worth $1,140,000 after purchasing an additional 2,609 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of PBF Energy by 4.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 261,704 shares of the oil and gas company’s stock worth $4,996,000 after purchasing an additional 12,289 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of PBF Energy by 261.0% during the 1st quarter. Acadian Asset Management LLC now owns 3,256 shares of the oil and gas company’s stock valued at $62,000 after purchasing an additional 2,354 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of PBF Energy during the 2nd quarter valued at $1,143,000. 96.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Mizuho boosted their target price on shares of PBF Energy from $57.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, August 4th. Zacks Research upgraded shares of PBF Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of PBF Energy in a research note on Friday, August 7th. UBS Group boosted their price objective on shares of PBF Energy from $62.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Finally, Wall Street Zen upgraded PBF Energy from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, PBF Energy presently has an average rating of “Reduce” and an average target price of $50.92.

PBF Energy Company Profile

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.