Insider Selling: PBF Energy (NYSE:PBF) Insider Sells 450,000 Shares of Stock

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 450,000 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $35.38, for a total value of $15,921,000.00. Following the completion of the sale, the insider directly owned 28,443,198 shares in the company, valued at approximately $1,006,320,345.24. This represents a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Control Empresarial De Capital also recently made the following trade(s):

• On Thursday, February 12th, Control Empresarial De Capital sold 3,000 shares of PBF Energy stock. The stock was sold at an average price of $36.79, for a total value of $110,370.00.
• On Tuesday, February 10th, Control Empresarial De Capital sold 1,400 shares of PBF Energy stock. The stock was sold at an average price of $34.50, for a total transaction of $48,300.00.
• On Monday, February 9th, Control Empresarial De Capital sold 228,500 shares of PBF Energy stock. The shares were sold at an average price of $35.26, for a total transaction of $8,056,910.00.
• On Friday, February 6th, Control Empresarial De Capital sold 303,200 shares of PBF Energy stock. The shares were sold at an average price of $35.62, for a total transaction of $10,799,984.00.
• On Thursday, February 5th, Control Empresarial De Capital sold 157,200 shares of PBF Energy stock. The stock was sold at an average price of $34.66, for a total transaction of $5,448,552.00.
• On Wednesday, February 4th, Control Empresarial De Capital sold 480,000 shares of PBF Energy stock. The stock was sold at an average price of $35.07, for a total transaction of $16,833,600.00.
• On Tuesday, February 3rd, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The shares were sold at an average price of $33.85, for a total transaction of $6,770,000.00.
• On Friday, January 30th, Control Empresarial De Capital sold 60,000 shares of PBF Energy stock. The stock was sold at an average price of $33.46, for a total value of $2,007,600.00.
• On Thursday, January 29th, Control Empresarial De Capital sold 35,000 shares of PBF Energy stock. The shares were sold at an average price of $34.07, for a total transaction of $1,192,450.00.
• On Thursday, January 22nd, Control Empresarial De Capital sold 40,000 shares of PBF Energy stock. The shares were sold at an average price of $33.79, for a total value of $1,351,600.00.

PBF Energy Stock Performance

Shares of PBF traded up $0.80 during trading hours on Friday, hitting $34.47. The stock had a trading volume of 2,975,265 shares, compared to its average volume of 3,620,762. The stock has a fifty day moving average price of $30.74 and a 200 day moving average price of $30.28. The firm has a market capitalization of $3.99 billion, a PE ratio of -7.41, a PEG ratio of 6.32 and a beta of 0.50. PBF Energy Inc. has a 12 month low of $13.61 and a 12 month high of $41.47. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.38 and a quick ratio of 0.59.

PBF Energy (NYSE:PBF) last issued its quarterly earnings data on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.64. The firm had revenue of $7.14 billion for the quarter, compared to analysts’ expectations of $7.17 billion. PBF Energy had a negative net margin of 1.78% and a negative return on equity of 15.88%. The business’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($2.82) EPS. Analysts anticipate that PBF Energy Inc. will post -1.12 EPS for the current year.

PBF Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be given a dividend of $0.275 per share. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.2%. PBF Energy’s payout ratio is presently -23.66%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on PBF shares. TD Cowen restated a “sell” rating on shares of PBF Energy in a research report on Friday, October 31st. BMO Capital Markets restated a “market perform” rating and issued a $34.00 target price on shares of PBF Energy in a report on Monday, January 5th. Weiss Ratings restated a “sell (d)” rating on shares of PBF Energy in a report on Monday, December 29th. The Goldman Sachs Group upped their target price on PBF Energy from $25.00 to $30.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Finally, Piper Sandler raised their price target on shares of PBF Energy from $41.00 to $42.00 and gave the stock an “overweight” rating in a research note on Friday. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and seven have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $30.21.

Hedge Funds Weigh In On PBF Energy

A number of large investors have recently made changes to their positions in PBF. Goldman Sachs Group Inc. lifted its position in PBF Energy by 127.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock valued at $171,595,000 after purchasing an additional 3,550,820 shares during the period. State Street Corp raised its stake in shares of PBF Energy by 1.3% during the 4th quarter. State Street Corp now owns 4,854,750 shares of the oil and gas company’s stock valued at $131,661,000 after buying an additional 60,294 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of PBF Energy by 147.4% in the 3rd quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock valued at $83,639,000 after buying an additional 1,651,516 shares during the period. AQR Capital Management LLC boosted its stake in shares of PBF Energy by 20.1% in the third quarter. AQR Capital Management LLC now owns 2,503,283 shares of the oil and gas company’s stock worth $75,524,000 after buying an additional 418,223 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of PBF Energy by 4.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,733,687 shares of the oil and gas company’s stock worth $47,018,000 after buying an additional 72,008 shares during the last quarter. 96.29% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about PBF Energy

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

• Positive Sentiment: Q4 earnings beat — PBF reported $0.49 EPS vs. consensus ~($0.15), driven by higher refining margins and lower operating costs; the beat and margin rebound are the main near-term bullish drivers. Read More.
• Positive Sentiment: Dividend declared — the board set a $0.275 quarterly dividend (3.3% yield), supporting income-focused holders and signaling confidence in cash flow stability. Read More.
• Neutral Sentiment: Earnings call color — management highlighted the Martinez refinery restart and some RBI gains but struck a cautious tone on outlook; these operational updates are constructive but the company remains careful on guidance. Read More.
• Negative Sentiment: Insider selling — Control Empresarial De Capital has been a heavy net seller in February (including recent large blocks), which can create investor concern about near-term upside and adds downward pressure. Read More.
• Negative Sentiment: Top-line and profitability caveats — revenue was slightly below estimates and down ~2.9% YoY; the company still shows a negative net margin and negative ROE on the year, leaving some earnings durability questions. Read More.

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.