Valero Energy Corporation $VLO Holdings Increased by AlTi Global Inc.

Key Points

• AlTi Global Inc. boosted its Valero Energy stake by 164.6% in the first quarter, ending with 12,883 shares worth about $3.18 million. Other institutional investors also added to positions, and institutions now own 78.69% of the stock.
• Valero reported stronger-than-expected quarterly results, posting $4.22 EPS versus the $3.16 estimate and revenue of $32.38 billion, up 7% year over year. Analysts currently see the stock as a “Moderate Buy” with an average target price of $253.06.
• The company announced a quarterly dividend of $1.20 per share, payable August 31, which annualizes to $4.80 per share and a 1.6% yield. Valero also expanded its share repurchase authorization, signaling confidence in its valuation and cash generation.

AlTi Global Inc. increased its stake in Valero Energy Corporation (NYSE:VLO - Free Report) by 164.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,883 shares of the oil and gas company's stock after acquiring an additional 8,015 shares during the period. AlTi Global Inc.'s holdings in Valero Energy were worth $3,183,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC lifted its holdings in shares of Valero Energy by 3,400.0% in the first quarter. Whipplewood Advisors LLC now owns 105 shares of the oil and gas company's stock valued at $26,000 after buying an additional 102 shares during the period. JPL Wealth Management LLC acquired a new position in Valero Energy during the third quarter worth about $27,000. Financial Life Planners acquired a new position in Valero Energy during the first quarter worth about $28,000. Valued Wealth Advisors LLC raised its position in Valero Energy by 134.0% in the first quarter. Valued Wealth Advisors LLC now owns 117 shares of the oil and gas company's stock worth $29,000 after acquiring an additional 67 shares in the last quarter. Finally, Torren Management LLC bought a new stake in Valero Energy in the fourth quarter worth about $30,000. Institutional investors own 78.69% of the company's stock.

Valero Energy Stock Down 0.0%

VLO stock opened at $309.50 on Monday. The company has a 50 day moving average of $258.97 and a two-hundred day moving average of $229.77. The company has a market cap of $91.90 billion, a price-to-earnings ratio of 22.49, a PEG ratio of 0.37 and a beta of 0.55. Valero Energy Corporation has a 12-month low of $130.78 and a 12-month high of $309.90. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 0.39.

Valero Energy (NYSE:VLO - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The oil and gas company reported $4.22 EPS for the quarter, beating the consensus estimate of $3.16 by $1.06. The business had revenue of $32.38 billion for the quarter, compared to analysts' expectations of $31.38 billion. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. Valero Energy's revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.89 EPS. On average, equities analysts anticipate that Valero Energy Corporation will post 32.61 earnings per share for the current fiscal year.

Valero Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, July 31st will be paid a dividend of $1.20 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.6%. Valero Energy's dividend payout ratio (DPR) is 34.88%.

Analyst Ratings Changes

VLO has been the subject of several research reports. TD Cowen raised their price objective on shares of Valero Energy from $276.00 to $292.00 and gave the company a "hold" rating in a research report on Monday, June 29th. UBS Group reiterated a "buy" rating and issued a $280.00 target price on shares of Valero Energy in a report on Thursday, June 11th. Wells Fargo & Company increased their target price on shares of Valero Energy from $220.00 to $292.00 and gave the company an "overweight" rating in a research note on Tuesday, March 31st. Mizuho raised their target price on shares of Valero Energy from $222.00 to $289.00 and gave the stock a "neutral" rating in a report on Wednesday, May 27th. Finally, Wolfe Research reaffirmed an "underperform" rating and issued a $203.00 price target on shares of Valero Energy in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Valero Energy presently has an average rating of "Moderate Buy" and an average target price of $253.06.

Insider Buying and Selling at Valero Energy

In other news, SVP Eric A. Fisher sold 7,500 shares of Valero Energy stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $268.17, for a total transaction of $2,011,275.00. Following the completion of the sale, the senior vice president directly owned 19,742 shares in the company, valued at $5,294,212.14. The trade was a 27.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.36% of the stock is owned by company insiders.

More Valero Energy News

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

• Positive Sentiment: Valero expanded its share repurchase authorization, which can boost earnings per share over time and indicates the board sees value in the stock. Valero Energy Expands Share Repurchase Authorization Program
• Positive Sentiment: Valero declared a quarterly cash dividend of $1.20 per share, reinforcing its appeal to income-focused investors and highlighting strong cash generation. Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
• Positive Sentiment: Energy stocks rose late Friday afternoon, with the broader sector gaining on the day, which likely provided a supportive backdrop for VLO shares. Sector Update: Energy Stocks Rise Late Afternoon
• Neutral Sentiment: Separately, there was unusual put-option activity in Valero, suggesting some traders are hedging or positioning for near-term volatility rather than making a clear directional bet.
• Neutral Sentiment: Recent articles also pointed to improving earnings estimates and momentum, which may be helping sentiment, though these were commentary pieces rather than new company announcements. Can Valero Energy (VLO) Run Higher on Rising Earnings Estimates?

Valero Energy 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.

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