Valero Energy Corporation $VLO Stock Holdings Increased by First National Bank of Mount Dora Trust Investment Services

Key Points

• Institutional ownership increased: First National Bank of Mount Dora Trust Investment Services raised its Valero stake by 245% to 17,954 shares, while institutional investors collectively own 78.69% of the company.
• Valero delivered a strong quarter: Adjusted EPS reached $12.54, exceeding estimates of $10.11, while revenue rose 48.8% year over year to $44.48 billion, driven by stronger refining margins and fuel demand.
• Shareholder returns remain a focus: Valero declared a quarterly dividend of $1.20 per share, or $4.80 annualized, representing a 1.5% yield; analysts maintain a “Moderate Buy” consensus despite the stock trading near its 12-month high.

First National Bank of Mount Dora Trust Investment Services increased its stake in shares of Valero Energy Corporation (NYSE:VLO - Free Report) by 245.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,954 shares of the oil and gas company's stock after purchasing an additional 12,750 shares during the quarter. First National Bank of Mount Dora Trust Investment Services' holdings in Valero Energy were worth $4,436,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. State Street Corp boosted its stake in shares of Valero Energy by 0.9% during the 4th quarter. State Street Corp now owns 18,177,191 shares of the oil and gas company's stock valued at $2,959,065,000 after buying an additional 163,975 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Valero Energy by 0.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,950,982 shares of the oil and gas company's stock worth $1,945,500,000 after acquiring an additional 63,919 shares during the last quarter. Norges Bank purchased a new stake in shares of Valero Energy during the fourth quarter worth $1,111,542,000. Franklin Resources Inc. boosted its position in Valero Energy by 7.5% during the fourth quarter. Franklin Resources Inc. now owns 5,668,210 shares of the oil and gas company's stock valued at $922,728,000 after purchasing an additional 394,693 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in Valero Energy by 11.4% during the first quarter. Bank of America Corp DE now owns 5,033,310 shares of the oil and gas company's stock valued at $1,243,630,000 after purchasing an additional 516,975 shares during the last quarter. 78.69% of the stock is owned by hedge funds and other institutional investors.

Valero Energy Stock Down 0.0%

Shares of VLO stock opened at $312.89 on Monday. The stock's 50 day simple moving average is $270.62 and its 200 day simple moving average is $239.10. Valero Energy Corporation has a twelve month low of $130.78 and a twelve month high of $320.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.23 and a current ratio of 1.64. The company has a market capitalization of $92.91 billion, a price-to-earnings ratio of 12.98, a PEG ratio of 0.20 and a beta of 0.55.

Valero Energy (NYSE:VLO - Get Free Report) last announced its earnings results on Thursday, July 30th. The oil and gas company reported $12.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $10.11 by $2.43. Valero Energy had a return on equity of 26.74% and a net margin of 5.17%.The firm had revenue of $44.48 billion during the quarter, compared to analysts' expectations of $39.47 billion. During the same quarter in the prior year, the business earned $2.28 earnings per share. The company's revenue was up 48.8% on a year-over-year basis. As a group, research analysts predict that Valero Energy Corporation will post 36.95 EPS for the current year.

Valero Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, July 31st will be issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, July 31st. Valero Energy's dividend payout ratio is currently 19.92%.

More Valero Energy News

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

• Positive Sentiment: Record earnings significantly exceeded expectations. Valero reported second-quarter net income of $3.7 billion, or $12.62 per share, versus $714 million, or $2.28 per share, a year earlier. Adjusted EPS of $12.54 surpassed consensus estimates near $9.87-$10.13, while revenue rose 48.8% to $44.48 billion. Valero Energy beats quarterly profit estimates on higher refining margins
• Positive Sentiment: Refining conditions were particularly favorable. Higher refining margins, sturdy fuel demand and increased U.S. fuel exports—partly supported by heightened Middle East tensions—boosted profitability. Lower-cost Venezuelan feedstocks also aided results. Valero posts highest-ever Q2 profit
• Positive Sentiment: Renewables and capital discipline added support. Gains in renewable diesel and ethanol contributed to stronger profits and cash flow, while management emphasized disciplined capital allocation and ongoing shareholder returns. VLO Q2 Earnings Call Highlights Refining Strength
• Positive Sentiment: Analysts raised their outlooks. Wells Fargo increased its price target from $292 to $356 and retained an “overweight” rating. Barclays lifted its target from $279 to $323 and also rated the stock “overweight,” reinforcing the positive reaction to the earnings report.
• Positive Sentiment: The dividend remains a key attraction. Valero reaffirmed its $1.20-per-share quarterly dividend, payable August 31 to shareholders of record July 31, supporting the investment case based on cash returns. Valero Energy Corp's Dividend Analysis
• Neutral Sentiment: Valero’s strong quarter improves its value profile, but the stock’s rally leaves less upside to some analyst targets and increases sensitivity to future refining-margin normalization.
• Negative Sentiment: Management said tax-credit changes and registration hurdles have slowed biofuel imports, creating challenges for renewable-fuel compliance and potentially limiting near-term benefits in the company’s renewables business. Tax-credit overhaul slows biofuel imports

Wall Street Analyst Weigh In

VLO has been the topic of several research reports. Morgan Stanley upped their target price on Valero Energy from $232.00 to $255.00 and gave the stock an "equal weight" rating in a research report on Friday, June 12th. UBS Group increased their price objective on Valero Energy from $280.00 to $355.00 and gave the stock a "buy" rating in a report on Friday. BMO Capital Markets raised their price objective on shares of Valero Energy from $230.00 to $270.00 and gave the company an "outperform" rating in a research report on Monday, April 6th. Mizuho boosted their target price on shares of Valero Energy from $222.00 to $289.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 27th. Finally, Citigroup increased their price target on shares of Valero Energy from $259.00 to $302.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $277.47.

Insider Transactions at Valero Energy

In related news, SVP Eric A. Fisher sold 7,500 shares of the firm's stock in a transaction on Monday, June 29th. The shares were sold at an average price of $268.17, for a total value of $2,011,275.00. Following the transaction, the senior vice president directly owned 19,742 shares in the company, valued at approximately $5,294,212.14. This trade represents a 27.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.36% of the company's stock.

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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