Petroleo Brasileiro S.A.- Petrobras $PBR Holdings Raised by Capital International Investors

Key Points

• Capital International Investors raised its stake in Petroleo Brasileiro S.A. (NYSE:PBR) by 14.7% in Q3, adding 2,592,536 shares to hold 20,211,745 shares (about 0.31% of the company) valued at $255.9 million.
• Other institutions showed notable buying: ARGA increased holdings 70.4% to 18.8M shares (~$238.1M), Mondrian opened a new ~$140.4M position, and ICICI Prudential initiated a ~$35.1M stake, indicating broader institutional interest.
• Special dividend of $0.1191 per share was announced (record date Apr 24; pay date May 28), while recent operational updates — including a Q4 earnings beat and faster ramp-up at the Buzios field — support near-term earnings visibility.

Capital International Investors raised its stake in shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR - Free Report) by 14.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,211,745 shares of the oil and gas exploration company's stock after buying an additional 2,592,536 shares during the period. Capital International Investors owned about 0.31% of Petroleo Brasileiro S.A.- Petrobras worth $255,881,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of PBR. ARGA Investment Management LP raised its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 70.4% during the third 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 acquiring an additional 7,772,595 shares in the last quarter. Mondrian Investment Partners LTD purchased a new position in Petroleo Brasileiro S.A.- Petrobras in the third quarter valued at about $140,433,000. Perpetual Ltd grew its stake in Petroleo Brasileiro S.A.- Petrobras by 1.0% in the third quarter. Perpetual Ltd now owns 3,295,157 shares of the oil and gas exploration company's stock valued at $41,717,000 after purchasing an additional 33,500 shares in the last quarter. Todd Asset Management LLC increased its position in Petroleo Brasileiro S.A.- Petrobras by 4.9% in the 3rd quarter. Todd Asset Management LLC now owns 3,137,096 shares of the oil and gas exploration company's stock worth $39,716,000 after purchasing an additional 147,650 shares during the last quarter. Finally, ICICI Prudential Asset Management Co Ltd purchased a new stake in shares of Petroleo Brasileiro S.A.- Petrobras during the 3rd quarter worth about $35,144,000.

Trending Headlines about Petroleo Brasileiro S.A.- Petrobras

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

• Positive Sentiment: Q4 results beat estimates — higher oil & gas output and stronger downstream performance helped offset lower crude prices, supporting near-term earnings visibility. Petrobras Q4 Earnings Beat as Output Growth Offsets Oil Drop
• Positive Sentiment: Special dividend announced (record date Apr 24; pay date May 28) — a cash return that can attract income-focused investors and supports shareholder returns.
• Positive Sentiment: Faster ramp-up at Buzios field — accelerated platform ramp-ups should lift production growth and cash flow over coming quarters. Petrobras Speeds Up Buzios Output With Faster Platform Ramp-Up
• Positive Sentiment: Import routes remain secure after Saudi diversion via Red Sea pipeline — Petrobras’ CEO says Middle East supply commitments remain intact, reducing geopolitical supply risk for its refineries. A Saudi Pipeline Diverts Some Oil to Bypass Strait of Hormuz
• Positive Sentiment: Analyst/upgrades coverage — recent analysis frames Petrobras as closely tracking Brent with improving ratings, which can support re-rating if commodity trends stay favorable. Petrobras: Direct Proxy To Brent, But With Additional Variables (Rating Upgrade)
• Neutral Sentiment: Petrobras plans an auction to sell 20 million liters of diesel in Rio Grande do Sul to address reported shortages — a liquidity/operational response that may ease local tightness but highlights short-term distribution frictions. Brazil's Petrobras to auction 20 million liters of diesel amid shortage reports, sources say
• Neutral Sentiment: Brazilian competition authority approved a large private deal (Braskem stake transfer) — indirect sector news; limited direct impact on Petrobras but may affect broader local industrial demand dynamics. CADE approves IG4’s acquisition of controlling stake in Braskem
• Negative Sentiment: Petrobras has been rejecting extra diesel orders and limiting sales because domestic diesel prices are trading at a deep discount to global levels — this raises short-term supply risks for agriculture during harvest season and signals domestic pricing/political tensions that can pressure regional margins. Petrobras rejects extra diesel orders as prices in Brazil lag global market

Petroleo Brasileiro S.A.- Petrobras Stock Performance

NYSE:PBR opened at $17.99 on Wednesday. The firm's 50-day moving average is $14.65 and its 200-day moving average is $13.15. The company has a market cap of $115.90 billion, a price-to-earnings ratio of 5.92, a PEG ratio of 0.30 and a beta of 0.51. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.57 and a current ratio of 0.71. Petroleo Brasileiro S.A.- Petrobras has a 52-week low of $11.03 and a 52-week high of $18.56.

Petroleo Brasileiro S.A.- Petrobras Announces Dividend

The company also recently declared a special dividend, which will be paid on Thursday, May 28th. Investors of record on Friday, April 24th will be paid a dividend of $0.1191 per share. The ex-dividend date is Friday, April 24th. Petroleo Brasileiro S.A.- Petrobras's payout ratio is currently 13.16%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on PBR shares. UBS Group lifted their price target on Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the company a "buy" rating in a report on Wednesday, January 14th. Weiss Ratings restated a "hold (c-)" rating on shares of Petroleo Brasileiro S.A.- Petrobras in a report on Monday, December 29th. Wall Street Zen raised shares of Petroleo Brasileiro S.A.- Petrobras from a "hold" rating to a "buy" rating in a research report on Saturday, January 17th. Finally, The Goldman Sachs Group lifted their target price on shares of Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the company a "buy" rating in a research note on Wednesday, February 11th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, Petroleo Brasileiro S.A.- Petrobras presently has a consensus rating of "Moderate Buy" and a consensus target price of $14.97.

Petroleo Brasileiro S.A.- Petrobras 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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