PBF Energy (NYSE:PBF) CFO Sells $278,881.95 in Stock

PBF Energy Inc. (NYSE:PBF) CFO Joseph Daniel Marino sold 4,033 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $69.15, for a total value of $278,881.95. Following the sale, the chief financial officer owned 48,851 shares of the company’s stock, valued at approximately $3,378,046.65. This represents a 7.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

PBF Energy Price Performance

Shares of NYSE:PBF opened at $71.88 on Friday. PBF Energy Inc. has a twelve month low of $22.13 and a twelve month high of $74.74. The stock’s 50 day moving average is $54.37 and its 200-day moving average is $45.37. The company has a quick ratio of 0.67, a current ratio of 1.33 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $8.52 billion, a price-to-earnings ratio of 6.36, a PEG ratio of 0.08 and a beta of 0.10.

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

PBF Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. PBF Energy’s dividend payout ratio (DPR) is 9.73%.

Hedge Funds Weigh In On PBF Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Torren Management LLC bought a new stake in shares of PBF Energy in the fourth quarter valued at approximately $30,000. Los Angeles Capital Management LLC purchased a new stake in shares of PBF Energy during the 4th quarter valued at approximately $31,000. Leonteq Securities AG bought a new position in PBF Energy in the 1st quarter worth approximately $33,000. Smartleaf Asset Management LLC boosted its holdings in PBF Energy by 65.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,466 shares of the oil and gas company’s stock worth $38,000 after buying an additional 579 shares during the period. Finally, Eurizon Capital SGR S.p.A. purchased a new position in PBF Energy in the 4th quarter valued at approximately $57,000. Institutional investors own 96.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of PBF Energy from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Evercore assumed coverage on PBF Energy in a research note on Friday, July 17th. They set an “in-line” rating and a $58.00 price target for the company. TD Cowen boosted their price objective on PBF Energy from $39.00 to $68.00 and gave the stock a “hold” rating in a report on Tuesday, July 21st. Weiss Ratings reissued a “sell (d-)” rating on shares of PBF Energy in a research note on Friday, August 7th. Finally, The Goldman Sachs Group raised their target price on PBF Energy from $51.00 to $71.00 and gave the company a “neutral” rating in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $50.15.

PBF Energy News Summary

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

• Positive Sentiment: PBF Energy’s recent earnings momentum remains a supportive backdrop. The refiner reported quarterly EPS of $6.22 versus the $4.15 consensus estimate, while revenue rose 56.2% year over year to $11.68 billion. Analysts currently project approximately $15.74 in full-year EPS.
• Positive Sentiment: The company declared a quarterly dividend of $0.275 per share, or $1.10 annualized, with a payout ratio of about 9.7%. The relatively low payout ratio suggests meaningful coverage if refining profitability remains strong. PBF Energy dividend article
• Neutral Sentiment: Analyst views remain divided. Some firms have raised price targets alongside improving refining conditions, but the overall consensus rating is “Reduce,” with an average price target of $50.15—well below recent trading levels. This reflects concerns that refining-cycle strength and elevated margins may not persist.
• Negative Sentiment: Insiders disclosed several sizeable sales: Control Empresarial De Capital sold 370,375 shares for approximately $25.7 million, Director Thomas J. Nimbley sold about $17.6 million, and SVP Paul T. Davis sold roughly $4.5 million. CFO Joseph Daniel Marino also sold 4,033 shares for approximately $279,000. The director and SVP reduced their holdings by about 24.7% and 25.7%, respectively, adding to investor concerns about insider profit-taking. PBF Energy insider sales article

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.