Valero Energy Corporation $VLO Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. raised its holdings in Valero Energy Corporation (NYSE:VLO) by 36.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 17,247 shares of the oil and gas company’s stock after acquiring an additional 4,563 shares during the quarter. Vise Technologies Inc.’s holdings in Valero Energy were worth $6,685,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Bank of America Corp DE raised its position in Valero Energy by 11.4% during the 1st quarter. Bank of America Corp DE now owns 5,033,310 shares of the oil and gas company’s stock worth $1,243,630,000 after purchasing an additional 516,975 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Valero Energy by 9.4% during the first quarter. Bank of New York Mellon Corp now owns 2,969,320 shares of the oil and gas company’s stock worth $733,660,000 after acquiring an additional 254,604 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Valero Energy by 18.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,842,339 shares of the oil and gas company’s stock worth $702,285,000 after acquiring an additional 442,177 shares during the last quarter. Amundi raised its position in shares of Valero Energy by 45.3% during the first quarter. Amundi now owns 2,584,976 shares of the oil and gas company’s stock worth $638,695,000 after acquiring an additional 806,018 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Valero Energy by 33.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,058,341 shares of the oil and gas company’s stock worth $536,074,000 after acquiring an additional 520,642 shares during the period. Institutional investors own 78.69% of the company’s stock.

Analysts Set New Price Targets

VLO has been the topic of several analyst reports. Zacks Research upgraded Valero Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Freedom Broker lowered shares of Valero Energy from a “hold” rating to a “sell” rating and set a $276.00 price target for the company. in a report on Friday, October 23rd. Raymond James Financial boosted their price target on shares of Valero Energy from $350.00 to $450.00 and gave the stock a “strong-buy” rating in a research report on Monday, September 14th. Weiss Ratings upgraded shares of Valero Energy from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday. Finally, Wells Fargo & Company upped their price objective on shares of Valero Energy from $485.00 to $489.00 and gave the company an “overweight” rating in a research note on Friday, October 23rd. Three research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $380.47.

Key Stories Impacting Valero Energy

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

• Positive Sentiment: Morgan Stanley raised its price target for VLO to $420 from $411 while maintaining an “equal weight” rating. The new target implies roughly 10% upside from the referenced share price, providing some support despite the neutral recommendation. Morgan Stanley raises Valero Energy price target
• Positive Sentiment: Valero agreed to acquire LyondellBasell’s former Houston refinery site for $320.5 million. The transaction could expand or improve Valero’s refining asset base and may offer longer-term operating and portfolio benefits, although near-term financial effects were not detailed. LyondellBasell to Sell Former Houston Refinery Site
• Positive Sentiment: Recent research continues to characterize VLO as a value-oriented stock. Zacks highlighted Valero among companies with favorable profitability and valuation characteristics, while noting its strong return on equity and relatively inexpensive earnings multiple. Why Valero Energy Is a Top Value Stock
• Neutral Sentiment: Unusually high options volume was reported for VLO. Elevated activity can signal increased investor positioning or expectations for volatility, but the report does not establish whether traders are bullish or bearish. Valero Energy Sees Unusually High Options Volume

Valero Energy Stock Performance

VLO stock opened at $380.86 on Tuesday. The firm has a market cap of $109.66 billion, a PE ratio of 8.73, a price-to-earnings-growth ratio of 0.20 and a beta of 0.59. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 0.37. The stock has a 50-day moving average price of $398.27 and a 200-day moving average price of $286.06. Valero Energy Corporation has a 1-year low of $159.90 and a 1-year high of $461.52.

Valero Energy (NYSE:VLO) last announced its earnings results on Thursday, October 22nd. The oil and gas company reported $23.90 EPS for the quarter, beating the consensus estimate of $21.17 by $2.73. Valero Energy had a return on equity of 47.50% and a net margin of 8.44%. The company had revenue of $46.10 billion for the quarter, compared to analyst estimates of $42.71 billion. During the same quarter in the prior year, the company earned $3.66 EPS. The firm’s revenue for the quarter was up 43.3% compared to the same quarter last year. As a group, equities research analysts expect that Valero Energy Corporation will post 57.42 earnings per share for the current year.

Valero Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 21st. Shareholders of record on Tuesday, November 24th will be paid a $1.20 dividend. The ex-dividend date of this dividend is Tuesday, November 24th. This represents a $4.80 annualized dividend and a yield of 1.3%. Valero Energy’s payout ratio is 10.80%.

Valero Energy Profile

Valero Energy Corporation is an international energy company headquartered in San Antonio, Texas. The company’s primary business is refining and marketing transportation fuels, including gasoline, diesel, jet fuel and other products used by commercial, industrial and consumer customers.

Valero operates refineries in the United States, Canada and the United Kingdom. Its refining operations also produce asphalt, petrochemical feedstocks and other petroleum-based products. The company markets fuel through wholesale channels and branded retail networks, including Valero, Beacon and Shamrock-branded locations.

In addition to conventional refining, Valero has businesses focused on renewable fuels.