Insider Selling: PBF Energy (NYSE:PBF) Director Sells $2,531,000.00 in Stock

PBF Energy Inc. (NYSE:PBF) Director Thomas Nimbley sold 50,000 shares of the business’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $50.62, for a total transaction of $2,531,000.00. Following the completion of the sale, the director directly owned 790,716 shares of the company’s stock, valued at $40,026,043.92. This represents a 5.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

PBF Energy Stock Down 0.2%

Shares of NYSE:PBF opened at $45.28 on Friday. The stock has a market capitalization of $5.29 billion, a P/E ratio of -30.80, a price-to-earnings-growth ratio of 0.56 and a beta of 0.25. The stock’s 50-day moving average price is $39.77 and its 200-day moving average price is $34.52. 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 Inc. has a 12-month low of $13.61 and a 12-month high of $52.18.

PBF Energy (NYSE:PBF) last posted its quarterly earnings results on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share (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 for the quarter, compared to analyst estimates of $7.17 billion. During the same period last year, the company earned ($2.82) EPS. PBF Energy’s revenue for the quarter was down 2.9% compared to the same quarter last year. On average, equities analysts anticipate that PBF Energy Inc. will post -1.12 earnings per share for the current year.

PBF Energy Announces Dividend

The company also recently declared 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 2.4%. The ex-dividend date was Wednesday, February 25th. PBF Energy’s dividend payout ratio is currently -74.83%.

Institutional Trading of PBF Energy

Several large investors have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC bought a new position in shares of PBF Energy in the 3rd quarter worth approximately $10,207,000. First Eagle Investment Management LLC grew its stake in PBF Energy by 7.9% in the third quarter. First Eagle Investment Management LLC now owns 547,546 shares of the oil and gas company’s stock worth $16,519,000 after purchasing an additional 40,129 shares during the period. Nomura Holdings Inc. bought a new position in PBF Energy in the second quarter worth $5,843,000. Allianz Asset Management GmbH lifted its position in PBF Energy by 1,232.0% during the third quarter. Allianz Asset Management GmbH now owns 267,091 shares of the oil and gas company’s stock valued at $8,058,000 after buying an additional 247,039 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its position in PBF Energy by 264.9% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 96,856 shares of the oil and gas company’s stock valued at $2,922,000 after buying an additional 70,312 shares during the period. 96.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

PBF has been the topic of a number of analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of PBF Energy in a research report on Monday, December 29th. Piper Sandler raised their target price on 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 downgraded PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price target on the stock. in a report on Monday, December 8th. Zacks Research raised PBF Energy from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 19th. Finally, BMO Capital Markets increased their price objective on PBF Energy from $43.00 to $50.00 and gave the stock a “market perform” rating in a report on Thursday. Two equities 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $32.92.

Trending Headlines about PBF Energy

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

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.