Annex Advisory Services LLC Increases Position in Petroleo Brasileiro S.A.- Petrobras $PBR

Key Points

• Annex Advisory Services LLC increased its Petrobras holding by 5.7% in Q4, buying 114,311 shares to hold 2,108,579 shares worth about $24.99 million.
• Petrobras declared a special dividend of $0.1191 per share payable May 28, with record and ex‑dividend date on April 24.
• Broad institutional accumulation and operational gains: multiple large funds (Capital International, ARGA, Mondrian, Earnest) materially increased or opened positions, and Petrobras confirmed a pre‑salt discovery and reclaimed full control of Campos Basin assets, though the stock recently fell roughly 4.2%.

Annex Advisory Services LLC lifted its holdings in Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR - Free Report) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,108,579 shares of the oil and gas exploration company's stock after purchasing an additional 114,311 shares during the period. Annex Advisory Services LLC's holdings in Petroleo Brasileiro S.A.- Petrobras were worth $24,987,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Capital International Investors increased its stake in Petroleo Brasileiro S.A.- Petrobras by 14.7% during the 3rd quarter. Capital International Investors now owns 20,211,745 shares of the oil and gas exploration company's stock worth $255,881,000 after buying an additional 2,592,536 shares in the last quarter. ARGA Investment Management LP increased its stake in Petroleo Brasileiro S.A.- Petrobras by 70.4% during the 3rd quarter. ARGA Investment Management LP now owns 18,808,705 shares of the oil and gas exploration company's stock worth $238,118,000 after buying an additional 7,772,595 shares in the last quarter. Mondrian Investment Partners LTD purchased a new stake in Petroleo Brasileiro S.A.- Petrobras during the 3rd quarter worth approximately $140,433,000. Earnest Partners LLC increased its stake in Petroleo Brasileiro S.A.- Petrobras by 52.0% during the 3rd quarter. Earnest Partners LLC now owns 4,872,441 shares of the oil and gas exploration company's stock worth $61,685,000 after buying an additional 1,665,873 shares in the last quarter. Finally, Perpetual Ltd increased its stake in Petroleo Brasileiro S.A.- Petrobras by 0.5% during the 4th quarter. Perpetual Ltd now owns 3,313,257 shares of the oil and gas exploration company's stock worth $39,262,000 after buying an additional 18,100 shares in the last quarter.

Trending Headlines about Petroleo Brasileiro S.A.- Petrobras

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

• Positive Sentiment: Confirmed pre‑salt hydrocarbon discovery in the Campos Basin (Petrobras operator with 70% interest; bp 30%) — strengthens the company’s exploration track record and potential long‑term production and reserves growth in a high‑value basin. Petrobras confirms new oil discovery in pre-salt of Campos Basin
• Positive Sentiment: Reclaimed full control of Campos Basin assets via a ~$450M deal — improves operational control, consolidates future cash flow from those fields and reduces partner dependency, which can be accretive to free cash flow and valuation. Petrobras Reclaims Full Control of Campos Basin Assets With $450M Deal
• Positive Sentiment: Insider buying disclosed — Angelica Garcia Cobas Laureano acquired 1,000 shares in early April (net increase in ownership), which is a modest vote of confidence from management-level insiders and can be viewed as supportive for sentiment. SEC Insider Transaction Filing
• Neutral Sentiment: Initial talks reported to repurchase the Mataripe refinery from Abu Dhabi’s Mubadala — a potential vertical integration move that could boost domestic refining exposure and margins, but the report describes early negotiations and contains execution risk. Petrobras in initial talks to buy back Brazil refinery from Mubadala, sources say
• Negative Sentiment: Energy sector weakness — broader energy ETFs and peers were trading lower premarket, applying downward pressure on oil & gas names including Petrobras. Sector moves can amplify short‑term volatility for PBR despite company‑level positives. Sector Update: Energy Stocks Lean Lower Premarket Tuesday
• Negative Sentiment: Market reaction: commentary notes Petrobras stock declined while the broader market improved — indicates short‑term selling pressure and potentially profit‑taking or risk‑off flows affecting PBR today. Petrobras (PBR) Stock Declines While Market Improves: Some Information for Investors

Petroleo Brasileiro S.A.- Petrobras Stock Down 4.2%

NYSE:PBR opened at $21.04 on Wednesday. The company has a quick ratio of 0.48, a current ratio of 0.71 and a debt-to-equity ratio of 0.76. The stock's fifty day moving average is $18.12 and its two-hundred day moving average is $14.47. Petroleo Brasileiro S.A.- Petrobras has a 52 week low of $11.03 and a 52 week high of $22.05. The stock has a market capitalization of $135.59 billion, a price-to-earnings ratio of 6.92, a price-to-earnings-growth ratio of 0.18 and a beta of 0.37.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR - Get Free Report) last released its quarterly earnings results on Sunday, February 15th. The oil and gas exploration company reported $0.45 EPS for the quarter. Petroleo Brasileiro S.A.- Petrobras had a return on equity of 24.26% and a net margin of 22.01%.The company had revenue of $23.61 billion for the quarter. Research analysts anticipate that Petroleo Brasileiro S.A.- Petrobras will post 2.14 EPS for the current year.

Petroleo Brasileiro S.A.- Petrobras Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Thursday, May 28th. Stockholders of record on Friday, April 24th will be given a dividend of $0.1191 per share. The ex-dividend date of this dividend is Friday, April 24th. Petroleo Brasileiro S.A.- Petrobras's dividend payout ratio is currently 11.51%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on PBR shares. UBS Group boosted their price objective on Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the stock a "buy" rating in a research note on Wednesday, January 14th. The Goldman Sachs Group boosted their target price on Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the stock a "buy" rating in a report on Wednesday, February 11th. Zacks Research upgraded Petroleo Brasileiro S.A.- Petrobras from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 31st. Weiss Ratings restated a "hold (c)" rating on shares of Petroleo Brasileiro S.A.- Petrobras in a report on Friday. Finally, Wall Street Zen upgraded Petroleo Brasileiro S.A.- Petrobras from a "hold" rating to a "buy" rating in a report on Sunday, March 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $16.20.

Petroleo Brasileiro S.A.- Petrobras Company Profile

Petróleo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil's energy sector and is a listed public company with global capital market presence.

Petrobras's core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil's coast.

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