Control Empresarial De Capital Sells 687,500 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 687,500 shares of the company’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $49.49, for a total value of $34,024,375.00. Following the completion of the sale, the insider owned 21,445,398 shares of the company’s stock, valued at approximately $1,061,332,747.02. This trade represents a 3.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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 Monday, March 23rd, Control Empresarial De Capital sold 472,000 shares of PBF Energy stock. The stock was sold at an average price of $47.02, for a total transaction of $22,193,440.00.
• On Friday, March 20th, Control Empresarial De Capital sold 340,000 shares of PBF Energy stock. The stock was sold at an average price of $48.84, for a total value of $16,605,600.00.
• On Thursday, March 19th, Control Empresarial De Capital sold 52,000 shares of PBF Energy stock. The stock was sold at an average price of $50.18, for a total value of $2,609,360.00.
• On Wednesday, March 18th, Control Empresarial De Capital sold 1,100,000 shares of PBF Energy stock. The shares were 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 shares were sold at an average price of $44.43, for a total transaction 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 stock was sold at an average price of $43.30, for a total transaction 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 transaction 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 Down 0.1%

PBF opened at $51.19 on Monday. The company has a market capitalization of $5.99 billion, a PE ratio of -34.82, a price-to-earnings-growth ratio of 0.64 and a beta of 0.41. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.51. PBF Energy Inc. has a fifty-two week low of $13.61 and a fifty-two week high of $51.80. The business has a 50-day moving average of $38.27 and a 200-day moving average of $33.91.

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

PBF Energy Announces Dividend

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

Key Stories Impacting PBF Energy

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

• Positive Sentiment: Q4 results and payout: PBF beat EPS expectations for the most recent quarter and recently paid a quarterly dividend ($0.275/share), supporting the bull case that improving refinery margins are underpinning recent gains. MarketBeat PBF Coverage
• Positive Sentiment: Institutional buying: Several large funds (Goldman Sachs, State Street, Invesco, AQR, T. Rowe) increased positions last quarter, signaling conviction from professional investors that the operating recovery may persist. MarketBeat PBF Coverage
• Positive Sentiment: Analyst moves: Some analysts raised targets (Goldman Sachs, Mizuho) citing margin improvement even as consensus remains mixed — this provides support for the stock amid momentum. MarketBeat PBF Coverage
• Neutral Sentiment: Valuation/momentum debate: Commentary asking whether PBF’s ~181% one‑year rally leaves limited upside or whether momentum and margin recovery can continue is keeping sentiment mixed. That debate is likely to sustain higher intraday volatility. Is It Too Late To Consider PBF Energy (PBF)?
• Negative Sentiment: Large insider/major‑holder liquidation: Control Empresarial De Capital sold 687,500 shares (~$34.0M at ~$49.49) — a sizable block that increases supply and can weigh on near‑term price action. Control Empresarial De Capital Form 4
• Negative Sentiment: Follow‑on selling by the same holder: Control Empresarial De Capital also sold an additional 469,700 shares (~$23.2M), reinforcing the pattern of significant insider/owner liquidity this week. Control Empresarial De Capital Form 4
• Negative Sentiment: Director sale: Director Thomas J. Nimbley sold 50,000 shares (~$2.57M), trimming his stake and adding to the week’s disclosures of insiders taking profits. Nimbley Ownership Filing
• Negative Sentiment: Senior exec sale: SVP Trecia M. Canty sold 62,999 shares (~$3.15M), a ~25% cut to her holding, further signaling insider monetization of recent gains. Trecia Canty SEC Filing

Institutional Investors Weigh In On PBF Energy

Hedge funds and other institutional investors have recently made changes to their positions in the company. Hsbc Holdings PLC boosted its position in shares of PBF Energy by 81.7% in the 4th quarter. Hsbc Holdings PLC now owns 67,674 shares of the oil and gas company’s stock worth $1,840,000 after purchasing an additional 30,430 shares during the last quarter. Corient Private Wealth LLC increased its holdings in PBF Energy by 4.1% in the fourth quarter. Corient Private Wealth LLC now owns 12,309 shares of the oil and gas company’s stock valued at $334,000 after purchasing an additional 483 shares during the last quarter. Pacer Advisors Inc. lifted its stake in PBF Energy by 15.6% in the fourth quarter. Pacer Advisors Inc. now owns 19,473 shares of the oil and gas company’s stock valued at $528,000 after buying an additional 2,635 shares during the period. Empowered Funds LLC lifted its stake in PBF Energy by 7.3% in the fourth quarter. Empowered Funds LLC now owns 119,402 shares of the oil and gas company’s stock valued at $3,238,000 after buying an additional 8,154 shares during the period. Finally, Voloridge Investment Management LLC boosted its holdings in PBF Energy by 49.7% during the fourth quarter. Voloridge Investment Management LLC now owns 1,729,304 shares of the oil and gas company’s stock worth $46,899,000 after buying an additional 574,001 shares during the last quarter. 96.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on PBF shares. Mizuho lifted their target price on PBF Energy from $38.00 to $45.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. Tudor Pickering upgraded PBF Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, February 13th. Piper Sandler lifted their price objective on PBF Energy from $41.00 to $42.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Citigroup boosted their price objective on PBF Energy from $29.00 to $36.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Finally, Zacks Research upgraded PBF Energy from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 19th. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, PBF Energy presently has a consensus rating of “Reduce” and a consensus target price 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.