Quadrant Private Wealth Management LLC Cuts Stock Position in Valero Energy Corporation $VLO

Quadrant Private Wealth Management LLC trimmed its holdings in shares of Valero Energy Corporation (NYSE:VLO) by 82.0% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 3,520 shares of the oil and gas company’s stock after selling 16,016 shares during the period. Quadrant Private Wealth Management LLC’s holdings in Valero Energy were worth $870,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Beacon Investment Advisory Services Inc. increased its stake in shares of Valero Energy by 33.5% during the fourth quarter. Beacon Investment Advisory Services Inc. now owns 42,376 shares of the oil and gas company’s stock worth $6,898,000 after purchasing an additional 10,634 shares in the last quarter. Friedenthal Financial purchased a new position in Valero Energy in the 4th quarter valued at about $954,000. CWA Asset Management Group LLC lifted 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 valued at $2,319,000 after buying an additional 11,140 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in Valero Energy by 24.7% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 565,171 shares of the oil and gas company’s stock worth $92,004,000 after buying an additional 112,118 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in Valero Energy by 51.3% in the 4th quarter. Nordea Investment Management AB now owns 92,328 shares of the oil and gas company’s stock worth $14,938,000 after buying an additional 31,296 shares during the last quarter. Hedge funds and other institutional investors own 78.69% of the company’s stock.

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?

Valero Energy Stock Up 3.1%

VLO stock opened at $309.50 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 0.39. The firm has a 50-day moving average of $258.97 and a two-hundred day moving average of $229.32. Valero Energy Corporation has a 12 month low of $130.78 and a 12 month high of $309.90. The company has a market cap of $91.90 billion, a price-to-earnings ratio of 22.49, a PEG ratio of 0.37 and a beta of 0.55.

Valero Energy (NYSE:VLO) last issued its earnings results on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share for the quarter, topping the consensus estimate of $3.16 by $1.06. The business had revenue of $32.38 billion for the quarter, compared to analysts’ expectations of $31.38 billion. Valero Energy had a return on equity of 15.94% and a net margin of 3.37%.The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.89 EPS. As a group, analysts forecast that Valero Energy Corporation will post 32.04 earnings per share for the current fiscal year.

Valero Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, July 31st will be given a dividend of $1.20 per share. 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 presently 34.88%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on VLO shares. Citigroup increased their target price on Valero Energy from $259.00 to $302.00 and gave the company a “neutral” rating in a report on Tuesday. Scotiabank lifted their price target on Valero Energy from $178.00 to $226.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, April 22nd. Barclays boosted their price target on Valero Energy from $261.00 to $279.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Morgan Stanley raised their price objective on Valero Energy from $232.00 to $255.00 and gave the company an “equal weight” rating in a report on Friday, June 12th. Finally, Mizuho lifted their target price on shares of Valero Energy from $222.00 to $289.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Valero Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $253.06.

Insiders Place Their Bets

In other Valero Energy news, SVP Eric A. Fisher sold 7,500 shares of the business’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $268.17, for a total transaction of $2,011,275.00. Following the transaction, the senior vice president owned 19,742 shares of the company’s stock, valued at approximately $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 SEC, which is accessible through the SEC website. Company insiders own 0.36% of the company’s stock.

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.