Mackenzie Financial Corp Purchases 77,549 Shares of Valero Energy Corporation $VLO

Key Points

• Mackenzie Financial Corp boosted its Valero stake by 60.1%, acquiring 77,549 shares to hold 206,552 shares valued at about $35.17 million (≈0.07% of the company) amid heavy institutional ownership (78.7%).
• Insider selling: SVP Eric A. Fisher disclosed sales totaling 8,711 shares (8,311 on Mar 11 and 400 on Mar 12), cutting his stake by roughly 16.4%, which may weigh on investor sentiment.
• Company performance and payout: Valero beat quarterly EPS estimates ($3.82 vs. $3.27) and raised its quarterly dividend to $1.20 ($4.80 annualized, 2.0% yield), while analysts' ratings remain mixed with an overall "Moderate Buy" consensus.

Mackenzie Financial Corp lifted its position in Valero Energy Corporation (NYSE:VLO - Free Report) by 60.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,552 shares of the oil and gas company's stock after acquiring an additional 77,549 shares during the quarter. Mackenzie Financial Corp owned 0.07% of Valero Energy worth $35,168,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VLO. Woodline Partners LP boosted its stake in shares of Valero Energy by 40.7% during the first quarter. Woodline Partners LP now owns 26,747 shares of the oil and gas company's stock valued at $3,532,000 after purchasing an additional 7,735 shares in the last quarter. Sivia Capital Partners LLC raised its stake in Valero Energy by 13.0% in the second quarter. Sivia Capital Partners LLC now owns 1,929 shares of the oil and gas company's stock worth $259,000 after buying an additional 222 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Valero Energy during the second quarter worth $4,725,000. PFG Advisors purchased a new stake in Valero Energy during the second quarter worth $266,000. Finally, ProShare Advisors LLC boosted its position in Valero Energy by 5.3% during the 2nd quarter. ProShare Advisors LLC now owns 75,429 shares of the oil and gas company's stock valued at $10,139,000 after acquiring an additional 3,776 shares in the last quarter. 78.69% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Eric A. Fisher sold 400 shares of Valero Energy stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $238.60, for a total value of $95,440.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.04% of the stock is owned by company insiders.

Trending Headlines about Valero Energy

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

• Positive Sentiment: Goldman Sachs raised its price target on VLO to $237 and kept a "buy" rating, providing visible sell‑side endorsement that can attract buyers and support the rally. Goldman Sachs raises PT
• Positive Sentiment: Geopolitical supply risk around the Strait of Hormuz has pushed crude higher and sent institutional flows into U.S. refiners; that demand-driven dynamic tends to boost refiners' margins and investor appetite for names like Valero. Hormuz crisis lifts refiners
• Positive Sentiment: Dividend-focused coverage is highlighting Valero as an attractive income stock, which can underpin longer-term buyer interest and reduce volatility for yield-seeking investors. Dividend thesis
• Neutral Sentiment: Analyst fair-value and narrative updates show mixed Street views — a modest upward revision to fair value and some divergent target changes mean continued analyst attention but no clear consensus signal. Analyst narrative shift
• Neutral Sentiment: Market commentary and valuation checks note strong recent share-price momentum and elevated investor interest, prompting reassessments of where VLO belongs in portfolios (momentum may continue but raises valuation scrutiny). Valuation check
• Negative Sentiment: Insider selling: SVP Eric A. Fisher disclosed sales of 8,311 shares on Mar 11 (avg $227.69) and 400 shares on Mar 12 (avg $238.60), a meaningful reduction in his stake (~16.4% decline in his position). Large insider sales can signal personal liquidity needs or reduced conviction and may damp investor sentiment. SEC Form 4 - Fisher sales
• Negative Sentiment: Policy risk: the White House is considering temporarily waiving the Jones Act to ease fuel shipping constraints and tame US pump prices — increased supply access could pressure domestic refining margins and weigh on near-term profitability for refiners. Jones Act waiver consideration

Valero Energy Stock Up 2.1%

Shares of VLO stock opened at $235.95 on Friday. The stock's fifty day moving average price is $196.53 and its 200 day moving average price is $177.04. Valero Energy Corporation has a 1-year low of $99.00 and a 1-year high of $240.27. The company has a market cap of $70.56 billion, a price-to-earnings ratio of 30.88, a price-to-earnings-growth ratio of 1.18 and a beta of 0.70. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.64 and a quick ratio of 1.11.

Valero Energy (NYSE:VLO - Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The oil and gas company reported $3.82 EPS for the quarter, beating analysts' consensus estimates of $3.27 by $0.55. The company had revenue of $30.37 billion during the quarter, compared to analysts' expectations of $28.20 billion. Valero Energy had a return on equity of 12.35% and a net margin of 1.91%.The firm's revenue was down 1.2% compared to the same quarter last year. During the same period last year, the business posted $0.64 earnings per share. On average, research analysts expect that Valero Energy Corporation will post 7.92 earnings per share for the current fiscal year.

Valero Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Thursday, February 5th were given a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Thursday, February 5th. This is an increase from Valero Energy's previous quarterly dividend of $1.13. Valero Energy's payout ratio is 62.83%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Piper Sandler lifted their price target on Valero Energy from $217.00 to $220.00 and gave the company an "overweight" rating in a report on Friday, January 30th. Barclays lifted their target price on Valero Energy from $169.00 to $184.00 and gave the company an "overweight" rating in a research note on Monday, November 17th. Bank of America reiterated a "neutral" rating and issued a $195.00 target price (down from $198.00) on shares of Valero Energy in a report on Thursday, December 11th. JPMorgan Chase & Co. raised their price target on shares of Valero Energy from $197.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, January 8th. Finally, Citigroup lifted their price objective on shares of Valero Energy from $190.00 to $212.00 and gave the stock a "neutral" rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $193.20.

Valero Energy Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.