Hsbc Holdings PLC Increases Position in Valero Energy Corporation $VLO

Hsbc Holdings PLC increased its position in shares of Valero Energy Corporation (NYSE:VLO) by 6.0% during the 1st quarter, Holdings Channel reports. The firm owned 723,763 shares of the oil and gas company’s stock after acquiring an additional 40,957 shares during the period. Hsbc Holdings PLC’s holdings in Valero Energy were worth $178,811,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VLO. Beacon Investment Advisory Services Inc. raised its stake in Valero Energy by 33.5% during the 4th quarter. Beacon Investment Advisory Services Inc. now owns 42,376 shares of the oil and gas company’s stock valued at $6,898,000 after purchasing an additional 10,634 shares during the period. Friedenthal Financial bought a new position in Valero Energy in the 4th quarter worth approximately $954,000. CWA Asset Management Group LLC boosted its stake in Valero Energy by 359.0% in the 4th quarter. CWA Asset Management Group LLC now owns 14,243 shares of the oil and gas company’s stock worth $2,319,000 after purchasing an additional 11,140 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in Valero Energy by 24.7% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 565,171 shares of the oil and gas company’s stock valued at $92,004,000 after buying an additional 112,118 shares in the last quarter. Finally, Whittier Trust Co. grew its holdings in Valero Energy by 2.8% during the 4th quarter. Whittier Trust Co. now owns 212,104 shares of the oil and gas company’s stock valued at $37,812,000 after buying an additional 5,694 shares in the last quarter. Hedge funds and other institutional investors own 78.69% of the company’s stock.

Insider Transactions at Valero Energy

In other Valero Energy news, SVP Eric A. Fisher sold 7,500 shares of Valero Energy stock in a transaction on Monday, June 29th. The shares were sold at an average price of $268.17, for a total transaction of $2,011,275.00. Following the completion of the transaction, the senior vice president directly owned 19,742 shares of the company’s stock, valued at $5,294,212.14. The trade was a 27.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.36% of the stock is currently owned by corporate insiders.

Valero Energy Trading Up 3.1%

Shares of NYSE VLO opened at $309.50 on Friday. The business’s 50 day moving average is $258.97 and its two-hundred day moving average is $229.32. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.58 and a quick ratio of 1.15. Valero Energy Corporation has a 1-year low of $130.78 and a 1-year high of $309.90. The stock has a market capitalization of $91.90 billion, a P/E ratio of 22.49, a PEG ratio of 0.38 and a beta of 0.55.

Valero Energy (NYSE:VLO) last posted its quarterly earnings data on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $1.06. The business had revenue of $32.38 billion during the quarter, compared to analyst estimates of $31.38 billion. Valero Energy had a return on equity of 15.94% and a net margin of 3.37%.The company’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period last year, the company earned $0.89 EPS. As a group, research analysts expect that Valero Energy Corporation will post 32.61 EPS for the current year.

Valero Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, July 31st will be given a $1.20 dividend. The ex-dividend date is Friday, July 31st. This represents a $4.80 dividend on an annualized basis and a yield of 1.6%. Valero Energy’s dividend payout ratio (DPR) is currently 34.88%.

More Valero Energy News

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

• Positive Sentiment: Valero expanded its share repurchase authorization, which can boost earnings per share over time and indicates the board sees value in the stock. Valero Energy Expands Share Repurchase Authorization Program
• Positive Sentiment: Valero declared a quarterly cash dividend of $1.20 per share, reinforcing its appeal to income-focused investors and highlighting strong cash generation. Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
• Positive Sentiment: Energy stocks rose late Friday afternoon, with the broader sector gaining on the day, which likely provided a supportive backdrop for VLO shares. Sector Update: Energy Stocks Rise Late Afternoon
• Neutral Sentiment: Separately, there was unusual put-option activity in Valero, suggesting some traders are hedging or positioning for near-term volatility rather than making a clear directional bet.
• Neutral Sentiment: Recent articles also pointed to improving earnings estimates and momentum, which may be helping sentiment, though these were commentary pieces rather than new company announcements. Can Valero Energy (VLO) Run Higher on Rising Earnings Estimates?

Analysts Set New Price Targets

Several equities analysts have recently commented on VLO shares. UBS Group reissued a “buy” rating and issued a $280.00 target price on shares of Valero Energy in a report on Thursday, June 11th. Zacks Research cut shares of Valero Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Wolfe Research reiterated an “underperform” rating and issued a $203.00 price target on shares of Valero Energy in a report on Tuesday, April 21st. Citigroup boosted their price target on shares of Valero Energy from $259.00 to $302.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. Finally, Raymond James Financial increased their price objective on shares of Valero Energy from $300.00 to $340.00 and gave the company a “strong-buy” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $253.06.

About Valero Energy

Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.

In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.