WINTON GROUP Ltd Grows Stock Holdings in Valero Energy Corporation $VLO

Key Points

• WINTON GROUP Ltd increased its Valero Energy stake by 1,274.9% in the second quarter, ending with 58,515 shares valued at approximately $15.24 million. Institutional investors and hedge funds collectively own 78.69% of VLO.
• Valero reported quarterly earnings of $12.54 per share, beating estimates of $10.11, while revenue rose 48.8% year over year to $44.48 billion. The company also maintains a quarterly dividend of $1.20, or $4.80 annually.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating; several firms raised their price targets, including Piper Sandler to $435 and Wells Fargo to $389. Shares opened at $388.99, near their reported 52-week high.

WINTON GROUP Ltd increased its holdings in shares of Valero Energy Corporation (NYSE:VLO - Free Report) by 1,274.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,515 shares of the oil and gas company's stock after purchasing an additional 54,259 shares during the period. WINTON GROUP Ltd's holdings in Valero Energy were worth $15,240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Engineers Gate Manager LP raised its stake in shares of Valero Energy by 446.7% during the 2nd quarter. Engineers Gate Manager LP now owns 23,551 shares of the oil and gas company's stock valued at $6,134,000 after buying an additional 19,243 shares during the last quarter. Capital Analysts LLC boosted its stake in shares of Valero Energy by 11.6% in the second quarter. Capital Analysts LLC now owns 3,042 shares of the oil and gas company's stock worth $792,000 after buying an additional 317 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its holdings in Valero Energy by 4.9% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 18,263 shares of the oil and gas company's stock worth $4,757,000 after acquiring an additional 859 shares during the period. NorthRock Partners LLC grew its holdings in Valero Energy by 31.6% during the second quarter. NorthRock Partners LLC now owns 1,429 shares of the oil and gas company's stock worth $372,000 after acquiring an additional 343 shares during the period. Finally, RFG Advisory LLC raised its position in Valero Energy by 16.6% during the second quarter. RFG Advisory LLC now owns 946 shares of the oil and gas company's stock valued at $246,000 after acquiring an additional 135 shares in the last quarter. 78.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Valero Energy

In related news, SVP Eric Fisher sold 7,500 shares of the company's stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $268.17, for a total transaction of $2,011,275.00. Following the completion of the transaction, the senior vice president owned 19,742 shares in the company, valued at $5,294,212.14. This represents a 27.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.36% of the stock is owned by corporate insiders.

Key Valero Energy News

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

• Positive Sentiment: UBS raised its price target on Valero from $355 to $450 and upgraded the shares to “Buy.” The new target suggests additional upside from recent trading levels, providing a fresh catalyst for the stock. UBS raises Valero price target and upgrades shares
• Positive Sentiment: Valero was included in Zacks’ Rank #1 (Strong Buy) growth-stock list for September 9, alongside BP and Monday.com. The ranking may increase attention from momentum- and growth-focused investors. Best Growth Stocks to Buy for September 9
• Positive Sentiment: Energy stocks gained amid heightened U.S.-Iran tensions, which can raise expectations for tighter crude markets and support refining-sector sentiment. Valero was also highlighted as a low-beta candidate, potentially appealing to investors seeking lower volatility. Premarket movers: Energy stocks rise on Iran tensions

Valero Energy Trading Up 1.6%

Shares of VLO stock opened at $388.99 on Thursday. Valero Energy Corporation has a 1-year low of $153.60 and a 1-year high of $389.18. The company has a market cap of $112.00 billion, a price-to-earnings ratio of 16.14, a PEG ratio of 0.43 and a beta of 0.57. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.64 and a quick ratio of 1.23. The stock has a 50 day simple moving average of $322.19 and a 200-day simple moving average of $269.17.

Valero Energy (NYSE:VLO - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The oil and gas company reported $12.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $10.11 by $2.43. The firm had revenue of $44.48 billion for the quarter, compared to analysts' expectations of $39.47 billion. Valero Energy had a net margin of 5.17% and a return on equity of 26.74%. The firm's revenue for the quarter was up 48.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.28 EPS. On average, equities research analysts expect that Valero Energy Corporation will post 41.15 EPS for the current fiscal year.

Valero Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, July 31st were given a $1.20 dividend. The ex-dividend date was Friday, July 31st. This represents a $4.80 annualized dividend and a dividend yield of 1.2%. Valero Energy's dividend payout ratio (DPR) is 19.92%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Morgan Stanley raised their price objective on shares of Valero Energy from $232.00 to $255.00 and gave the stock an "equal weight" rating in a research note on Friday, June 12th. Piper Sandler boosted their target price on shares of Valero Energy from $329.00 to $435.00 and gave the company an "overweight" rating in a research note on Thursday, September 3rd. TD Cowen increased their price target on shares of Valero Energy from $338.00 to $350.00 and gave the stock a "hold" rating in a report on Monday, August 3rd. Wells Fargo & Company raised their price target on shares of Valero Energy from $356.00 to $389.00 and gave the company an "overweight" rating in a research report on Tuesday, September 1st. Finally, Barclays lifted their price objective on shares of Valero Energy from $279.00 to $323.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $301.76.

Valero Energy Profile

Valero Energy Corporation is an international energy company headquartered in San Antonio, Texas. Its primary business is refining crude oil into transportation fuels and other products, including gasoline, diesel, jet fuel, asphalt, lubricants and petrochemical feedstocks.

Valero operates refineries and related facilities in the United States, Canada and the United Kingdom, and markets its products through wholesale and commercial channels in North America and other international markets.

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