PBF Energy (NYSE:PBF) Director Thomas Nimbley Sells 50,000 Shares

PBF Energy Inc. (NYSE:PBF) Director Thomas Nimbley sold 50,000 shares of PBF Energy stock in a transaction that occurred on Thursday, March 26th. The shares were sold at an average price of $51.36, for a total transaction of $2,568,000.00. Following the completion of the sale, the director owned 790,716 shares of the company’s stock, valued at $40,611,173.76. This trade represents a 5.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

PBF Energy Stock Up 1.6%

Shares of NYSE PBF opened at $51.19 on Friday. The company has a quick ratio of 0.51, a current ratio of 1.21 and a debt-to-equity ratio of 0.40. The business’s 50 day moving average is $38.27 and its two-hundred day moving average is $33.87. PBF Energy Inc. has a 52-week low of $13.61 and a 52-week high of $51.80. The firm has a market cap of $5.99 billion, a price-to-earnings ratio of -34.82, a PEG ratio of 0.64 and a beta of 0.41.

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, topping the consensus estimate 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 analyst estimates of $7.17 billion. During the same period last year, the business posted ($2.82) earnings per share. The company’s quarterly revenue was down 2.9% on a year-over-year basis. Research analysts predict that PBF Energy Inc. will post -1.12 EPS for the current year.

PBF Energy Announces Dividend

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

Hedge Funds Weigh In On PBF Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada raised 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 worth $590,000 after purchasing an additional 12,025 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of PBF Energy by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,723 shares of the oil and gas company’s stock valued at $1,140,000 after buying an additional 2,609 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of PBF Energy by 4.9% in the 1st 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 valued at $4,996,000 after buying an additional 12,289 shares during the last quarter. Acadian Asset Management LLC raised its stake in 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 worth $62,000 after acquiring an additional 2,354 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in PBF Energy by 135.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 6,277 shares of the oil and gas company’s stock worth $136,000 after acquiring an additional 3,613 shares in the last quarter. 96.29% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Citigroup increased their price target on shares of PBF Energy from $29.00 to $36.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Tudor Pickering upgraded shares of PBF Energy from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. Piper Sandler upped their target price on shares of PBF Energy from $41.00 to $42.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Wolfe Research lowered shares of PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 target price on the stock. in a report on Monday, December 8th. Finally, The Goldman Sachs Group raised their price target on shares of PBF Energy from $33.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, PBF Energy has an average rating of “Reduce” and an average target price of $31.69.

Key Stories Impacting PBF Energy

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

• Positive Sentiment: Management and analysts pointing to a recovering margin environment as the core fundamental story supporting recent gains; commentary suggests operating improvements are sustaining the one‑year rally. PBF Energy SVP Trimmed His Position — A Recovering Margin Environment Is the Real Story
• Neutral Sentiment: Market commentary is asking whether PBF’s 181% one‑year surge leaves upside limited or whether momentum and margin recovery can continue; this debate is keeping sentiment mixed rather than decisively bullish. Is It Too Late To Consider PBF Energy (PBF) After Its 181% One-Year Surge?
• Negative Sentiment: Control Empresarial De Capital sold 687,500 PBF shares (~$34.0M at ~$49.49), reducing its stake and increasing free float — a sizable block sale that can pressure the stock. Control Empresarial De Capital Sells 687,500 Shares
• Negative Sentiment: Control Empresarial De Capital also sold 469,700 shares (~$23.2M at ~$49.44) in a separate filing, further signaling insider/major‑holder liquidity taking place this week. PBF Energy Insider Control Empresarial De Capital Sells 469,700 Shares
• Negative Sentiment: Director Thomas J. Nimbley sold 50,000 shares for about $2.57M, trimming his position — another insider sale disclosed this week. PBF Energy (NYSE:PBF) Director Sells $2,568,000.00 in Stock
• Negative Sentiment: SVP Trecia M. Canty sold 62,999 shares (~$3.15M at $50.00), a near‑25% reduction in her holding, disclosed via SEC filing — adds to the pattern of insiders monetizing gains. Trecia M. Canty SEC Filing

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.