iA Global Asset Management Inc. Purchases 20,497 Shares of Valero Energy Corporation $VLO

Key Points

• iA Global Asset Management boosted its Valero Energy stake by 200.6% in the fourth quarter, buying 20,497 additional shares and bringing its total holding to 30,715 shares worth about $5 million.
• Institutional ownership remains high, with several large investors adding to positions in VLO. The company’s stock is held by institutions for 78.69% of outstanding shares.
• Valero recently beat quarterly expectations, reporting $4.22 EPS versus the $3.16 estimate and revenue of $32.38 billion. The company also announced a quarterly dividend of $1.20 per share, and analysts currently view the stock as a Moderate Buy.

iA Global Asset Management Inc. increased its position in shares of Valero Energy Corporation (NYSE:VLO - Free Report) by 200.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,715 shares of the oil and gas company's stock after acquiring an additional 20,497 shares during the quarter. iA Global Asset Management Inc.'s holdings in Valero Energy were worth $5,000,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of VLO. Franklin Resources Inc. lifted its stake in Valero Energy by 5.0% in the third quarter. Franklin Resources Inc. now owns 5,273,517 shares of the oil and gas company's stock valued at $897,869,000 after buying an additional 249,195 shares in the last quarter. Barclays PLC lifted its stake in Valero Energy by 5.3% in the third quarter. Barclays PLC now owns 4,143,672 shares of the oil and gas company's stock valued at $705,502,000 after buying an additional 209,597 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Valero Energy by 13.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,929,599 shares of the oil and gas company's stock valued at $328,534,000 after buying an additional 226,167 shares in the last quarter. Legal & General Group Plc lifted its stake in Valero Energy by 2.3% in the third quarter. Legal & General Group Plc now owns 1,904,181 shares of the oil and gas company's stock valued at $324,206,000 after buying an additional 43,237 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in Valero Energy in the third quarter valued at approximately $275,239,000. Institutional investors own 78.69% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Zacks Research raised shares of Valero Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 21st. Piper Sandler lifted their price target on shares of Valero Energy from $236.00 to $263.00 and gave the company an "overweight" rating in a research note on Wednesday, April 8th. UBS Group lifted their price target on shares of Valero Energy from $215.00 to $280.00 and gave the company a "buy" rating in a research note on Thursday, April 2nd. Wolfe Research reaffirmed an "underperform" rating and issued a $203.00 price target on shares of Valero Energy in a research note on Tuesday, April 21st. Finally, Morgan Stanley lifted their price target on shares of Valero Energy from $182.00 to $222.00 and gave the company an "equal weight" rating in a research note on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Valero Energy has an average rating of "Moderate Buy" and a consensus target price of $237.94.

Insiders Place Their Bets

In related news, SVP Eric A. Fisher sold 8,311 shares of the business's stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $227.69, for a total transaction of $1,892,331.59. Following the transaction, the senior vice president directly owned 42,242 shares in the company, valued at approximately $9,618,080.98. The trade was a 16.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.36% of the company's stock.

More Valero Energy News

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

• Positive Sentiment: Scotiabank raised its earnings estimates for Valero Energy, lifting FY2026 EPS to $27.10 from $25.85 and FY2027 EPS to $26.15 from $24.80, while keeping a Sector Outperform rating and a $226 target price. Scotiabank estimate update
• Positive Sentiment: Several recent writeups highlighted Valero’s refining flexibility, higher export volumes, and strong margins, saying tight global fuel supply continues to support profitability and has helped drive the stock’s strong year-long outperformance. Yahoo Finance article
• Positive Sentiment: Market commentary also pointed to a historic SPR-related pricing dislocation creating an arbitrage opportunity for refiners like Valero, which could support near-term refining economics. MarketBeat article
• Neutral Sentiment: Analyst-target articles suggest Wall Street remains moderately optimistic, but they do not add a new catalyst beyond the already favorable refining backdrop. Barchart article

Valero Energy Stock Performance

Shares of VLO stock opened at $250.34 on Monday. The company's fifty day simple moving average is $238.98 and its 200-day simple moving average is $201.87. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 0.39. The firm has a market cap of $74.33 billion, a PE ratio of 18.19, a P/E/G ratio of 0.35 and a beta of 0.58. Valero Energy Corporation has a 12 month low of $125.10 and a 12 month high of $258.43.

Valero Energy (NYSE:VLO - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The oil and gas company reported $4.22 EPS for the quarter, topping analysts' consensus estimates of $3.16 by $1.06. The business had revenue of $32.38 billion for the quarter, compared to analyst estimates of $31.38 billion. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. The firm's revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.89 earnings per share. Equities research analysts expect that Valero Energy Corporation will post 28.26 EPS for the current fiscal year.

Valero Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Thursday, May 21st will be issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Thursday, May 21st. Valero Energy's payout ratio is presently 34.88%.

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.

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