4,193 Shares in Valero Energy Corporation $VLO Acquired by Integrity Alliance LLC.

Key Points

• Integrity Alliance LLC acquired 4,193 shares of Valero Energy Corporation, valued at approximately $554,000, during the first quarter, marking a new position in the company's stock.
• Valero Energy recently reported $2.28 EPS for the quarter, exceeding analysts' expectations of $1.66, although its revenue decreased by 13.3% compared to the previous year.
• The company declared a quarterly dividend of $1.13 per share, resulting in an annualized dividend of $4.52 and a dividend yield of 2.9%.

Integrity Alliance LLC. purchased a new position in shares of Valero Energy Corporation (NYSE:VLO - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,193 shares of the oil and gas company's stock, valued at approximately $554,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Pinnacle Wealth Planning Services Inc. grew its stake in shares of Valero Energy by 1.4% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 5,541 shares of the oil and gas company's stock valued at $732,000 after purchasing an additional 78 shares during the last quarter. Summit Financial LLC boosted its stake in shares of Valero Energy by 4.6% in the first quarter. Summit Financial LLC now owns 1,812 shares of the oil and gas company's stock valued at $239,000 after buying an additional 79 shares in the last quarter. Keeley Teton Advisors LLC boosted its stake in shares of Valero Energy by 1.1% in the first quarter. Keeley Teton Advisors LLC now owns 7,764 shares of the oil and gas company's stock valued at $1,025,000 after buying an additional 81 shares in the last quarter. Citizens Financial Group Inc. RI boosted its stake in shares of Valero Energy by 2.2% in the first quarter. Citizens Financial Group Inc. RI now owns 3,798 shares of the oil and gas company's stock valued at $502,000 after buying an additional 82 shares in the last quarter. Finally, Proficio Capital Partners LLC boosted its stake in shares of Valero Energy by 4.6% in the first quarter. Proficio Capital Partners LLC now owns 2,012 shares of the oil and gas company's stock valued at $266,000 after buying an additional 89 shares in the last quarter. 78.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VLO has been the topic of a number of analyst reports. UBS Group lifted their price target on Valero Energy from $164.00 to $165.00 and gave the company a "buy" rating in a research note on Friday, July 25th. TD Cowen downgraded Valero Energy from a "buy" rating to a "hold" rating and lifted their price target for the company from $118.00 to $140.00 in a research note on Tuesday, July 22nd. Piper Sandler boosted their target price on Valero Energy from $171.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday. Morgan Stanley boosted their target price on Valero Energy from $145.00 to $160.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. Finally, Wolfe Research downgraded Valero Energy from an "outperform" rating to a "peer perform" rating in a research report on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Valero Energy presently has an average rating of "Moderate Buy" and an average target price of $158.87.

Valero Energy Stock Down 0.5%

VLO opened at $156.78 on Friday. The business's fifty day moving average is $145.24 and its two-hundred day moving average is $132.87. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.11 and a current ratio of 1.62. The company has a market cap of $48.70 billion, a price-to-earnings ratio of 65.33, a PEG ratio of 1.85 and a beta of 1.10. Valero Energy Corporation has a one year low of $99.00 and a one year high of $163.02.

Valero Energy (NYSE:VLO - Get Free Report) last posted its earnings results on Thursday, July 24th. The oil and gas company reported $2.28 EPS for the quarter, topping analysts' consensus estimates of $1.66 by $0.62. Valero Energy had a return on equity of 5.76% and a net margin of 0.62%.The company had revenue of $29.89 billion for the quarter, compared to the consensus estimate of $27 billion. During the same period in the previous year, the business earned $2.71 earnings per share. Valero Energy's quarterly revenue was down 13.3% compared to the same quarter last year. Analysts anticipate that Valero Energy Corporation will post 7.92 EPS for the current fiscal year.

Valero Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Thursday, July 31st were issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, July 31st. Valero Energy's payout ratio is 188.33%.

About Valero Energy

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.

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