HF Sinclair Corporation (NYSE:DINO) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Moderate Buy consensus from 15 analysts (1 sell, 6 hold, 6 buy, 2 strong buy) with an average 12‑month price target of $64.45.
• Institutional investors own 88.29% of the company, with large holders like Vanguard, Dimensional and AQR increasing stakes recently.
• HF Sinclair beat recent quarterly estimates (EPS $1.20 vs $0.83; revenue $6.46B vs $6.19B), is trading near its 52‑week high, and pays a $2.00 annual dividend (3.0% yield; ~65% payout ratio).

Shares of HF Sinclair Corporation (NYSE:DINO - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the fifteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, six have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $64.4545.

A number of research analysts have recently commented on the company. Zacks Research upgraded HF Sinclair from a "hold" rating to a "strong-buy" rating in a research note on Monday. Piper Sandler lowered their price objective on HF Sinclair from $67.00 to $63.00 and set an "overweight" rating for the company in a research note on Thursday, February 19th. TD Cowen lowered their price objective on HF Sinclair from $70.00 to $68.00 and set a "hold" rating for the company in a research note on Monday. Scotiabank lifted their price objective on HF Sinclair from $53.00 to $54.00 and gave the company a "sector perform" rating in a research note on Wednesday, April 22nd. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of HF Sinclair in a research note on Friday, March 27th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of HF Sinclair by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 16,830,649 shares of the company's stock worth $775,556,000 after purchasing an additional 446,867 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of HF Sinclair by 6.4% in the third quarter. Dimensional Fund Advisors LP now owns 9,259,238 shares of the company's stock worth $484,631,000 after purchasing an additional 560,194 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of HF Sinclair by 0.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,364,158 shares of the company's stock worth $293,260,000 after purchasing an additional 48,103 shares during the last quarter. State Street Corp raised its stake in shares of HF Sinclair by 0.4% in the fourth quarter. State Street Corp now owns 6,142,078 shares of the company's stock worth $283,027,000 after purchasing an additional 22,150 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of HF Sinclair by 13.7% in the fourth quarter. AQR Capital Management LLC now owns 4,359,370 shares of the company's stock worth $200,880,000 after purchasing an additional 523,709 shares during the last quarter. Hedge funds and other institutional investors own 88.29% of the company's stock.

HF Sinclair Trading Up 5.2%

DINO opened at $65.98 on Thursday. The stock has a market cap of $11.89 billion, a PE ratio of 21.49 and a beta of 0.70. The company has a quick ratio of 0.90, a current ratio of 1.94 and a debt-to-equity ratio of 0.30. The business has a 50 day moving average of $57.79 and a 200-day moving average of $53.81. HF Sinclair has a 52 week low of $29.23 and a 52 week high of $66.87.

HF Sinclair (NYSE:DINO - Get Free Report) last released its earnings results on Wednesday, February 18th. The company reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.37. The company had revenue of $6.46 billion during the quarter, compared to analysts' expectations of $6.19 billion. HF Sinclair had a return on equity of 10.20% and a net margin of 2.15%.The firm's revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter last year, the business posted ($1.02) EPS. Equities research analysts predict that HF Sinclair will post 6.93 earnings per share for the current fiscal year.

HF Sinclair Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.50 per share. The ex-dividend date was Monday, March 2nd. This represents a $2.00 dividend on an annualized basis and a yield of 3.0%. HF Sinclair's payout ratio is presently 65.15%.

About HF Sinclair

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.

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