PBF Energy (NYSE:PBF) Insider Sells $16,454,000.00 in Stock

Key Points

• Control Empresarial De Capital sold 380,000 shares on Mar 13 for ~$16.45M and completed multiple large insider sales across February–March, trimming its stake by 1.51% but still holding 24,746,098 shares valued at about $1.07B; the size and cadence of the sales could create near‑term supply pressure.
• PBF posted a Q4 EPS beat of $0.49 vs. consensus -$0.15 and recently paid a $0.275 quarterly dividend (annualized $1.10, ~2.5% yield), offering some support despite negative net margin and return on equity.
• The stock traded near $43.47 (up ~1.3%) amid mixed analyst views—MarketBeat shows an average rating of "Reduce" with a $31.15 target—while institutional ownership is very high (~96%) and large investors like Goldman Sachs have recently increased positions.

PBF Energy Inc. (NYSE:PBF - Get Free Report) insider Control Empresarial De Capital sold 380,000 shares of the business's stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $43.30, for a total transaction of $16,454,000.00. Following the transaction, the insider owned 24,746,098 shares in the company, valued at $1,071,506,043.40. The trade was a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Control Empresarial De Capital also recently made the following trade(s):

• On Thursday, March 12th, Control Empresarial De Capital sold 265,000 shares of PBF Energy stock. The shares were sold at an average price of $43.55, for a total transaction of $11,540,750.00.
• On Wednesday, March 11th, Control Empresarial De Capital sold 838,000 shares of PBF Energy stock. The shares were sold at an average price of $41.91, for a total transaction of $35,120,580.00.
• On Tuesday, March 10th, Control Empresarial De Capital sold 22,000 shares of PBF Energy stock. The stock was sold at an average price of $40.08, for a total value of $881,760.00.
• On Thursday, March 5th, Control Empresarial De Capital sold 205,000 shares of PBF Energy stock. The shares were sold at an average price of $46.57, for a total value of $9,546,850.00.
• On Wednesday, March 4th, Control Empresarial De Capital sold 903,100 shares of PBF Energy stock. The shares were sold at an average price of $42.62, for a total value of $38,490,122.00.
• On Tuesday, March 3rd, Control Empresarial De Capital sold 99,000 shares of PBF Energy stock. The shares were sold at an average price of $40.33, for a total value of $3,992,670.00.
• On Monday, March 2nd, Control Empresarial De Capital sold 120,000 shares of PBF Energy stock. The stock was sold at an average price of $38.33, for a total value of $4,599,600.00.
• On Tuesday, February 24th, Control Empresarial De Capital sold 250,000 shares of PBF Energy stock. The stock was sold at an average price of $34.91, for a total value of $8,727,500.00.
• On Thursday, February 12th, Control Empresarial De Capital sold 3,000 shares of PBF Energy stock. The shares were sold at an average price of $36.79, for a total value of $110,370.00.
• On Wednesday, February 11th, Control Empresarial De Capital sold 450,000 shares of PBF Energy stock. The stock was sold at an average price of $35.38, for a total value of $15,921,000.00.

PBF Energy Trading Up 1.3%

Shares of NYSE PBF traded up $0.55 during trading on Friday, hitting $43.47. 3,341,217 shares of the company were exchanged, compared to its average volume of 3,739,526. PBF Energy Inc. has a 12-month low of $13.61 and a 12-month high of $47.18. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.51 and a current ratio of 1.21. The company has a fifty day moving average price of $34.87 and a 200-day moving average price of $32.43. The firm has a market capitalization of $5.08 billion, a PE ratio of -29.57, a P/E/G ratio of 4.57 and a beta of 0.41.

PBF Energy (NYSE:PBF - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.15) by $0.64. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. The firm had revenue of $7.14 billion during the quarter, compared to analyst estimates of $7.17 billion. During the same quarter in the prior year, the firm posted ($2.82) earnings per share. PBF Energy's quarterly revenue was down 2.9% on a year-over-year basis. As a group, equities research analysts expect that PBF Energy Inc. will post -1.12 EPS for the current year.

PBF Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were issued a dividend of $0.275 per share. The ex-dividend date was Wednesday, February 25th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.5%. PBF Energy's dividend payout ratio (DPR) is currently -74.83%.

Institutional Investors Weigh In On PBF Energy

Several large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. grew its stake in shares of PBF Energy by 127.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company's stock worth $171,595,000 after purchasing an additional 3,550,820 shares in the last quarter. Invesco Ltd. raised its stake in PBF Energy by 147.4% in the third quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company's stock valued at $83,639,000 after buying an additional 1,651,516 shares in the last quarter. AQR Capital Management LLC raised its stake in PBF Energy by 230.7% in the second quarter. AQR Capital Management LLC now owns 2,085,060 shares of the oil and gas company's stock valued at $45,183,000 after buying an additional 1,454,500 shares in the last quarter. Norges Bank purchased a new stake in PBF Energy during the 4th quarter worth about $34,243,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of PBF Energy by 2,198.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,212,368 shares of the oil and gas company's stock worth $36,577,000 after acquiring an additional 1,159,628 shares in the last quarter. 96.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Wolfe Research lowered PBF Energy from a "peer perform" rating to an "underperform" rating and set a $23.00 price objective for the company. in a research report on Monday, December 8th. Zacks Research upgraded PBF Energy from a "strong sell" rating to a "hold" rating in a research report on Thursday, February 19th. Piper Sandler increased their price target on PBF Energy from $41.00 to $42.00 and gave the stock an "overweight" rating in a report on Friday, February 13th. The Goldman Sachs Group raised their price objective on PBF Energy from $33.00 to $41.00 and gave the stock a "neutral" rating in a research report on Thursday. Finally, Tudor Pickering upgraded shares of PBF Energy from a "strong sell" rating to a "hold" rating in a report on Friday, February 13th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, PBF Energy has an average rating of "Reduce" and an average target price of $31.15.

More PBF Energy News

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

• Positive Sentiment: Q4 earnings surprised on the upside (reported $0.49 EPS vs. consensus -$0.15), which reinforces near‑term operating confidence for PBF’s refining‑heavy model. MarketBeat Q4 Results
• Positive Sentiment: Analysts/commentary are pricing in an Iran‑related supply premium that could sustain higher refinery margins — a direct potential boost to PBF if the geopolitical premium persists. Seeking Alpha: Iran Tailwind
• Positive Sentiment: PBF recently paid a quarterly dividend ($0.275 / share; annualized $1.10, ~2.5% yield), which supports income investor interest and can reduce volatility from purely speculative flows. MarketBeat Dividend Notice
• Positive Sentiment: Technical chatter highlights PBF as a potential short‑squeeze candidate, which can amplify upside if short interest and momentum align. Schaeffers: Short‑Squeeze List
• Neutral Sentiment: Management will present at the Piper Sandler Energy Conference (Mar 16–17), offering a near‑term catalyst for updated commentary or guidance but with uncertain incremental impact. PR Newswire: Piper Sandler
• Neutral Sentiment: Goldman Sachs raised its price target from $33 to $41 but kept a "neutral" rating — the higher target reduces one downside argument but does not signal a buy. Benzinga: Goldman Note
• Negative Sentiment: Substantial insider selling by Control Empresarial De Capital: large blocks were sold this week (including 838,000 shares on Mar 11 and multiple earlier sales). The volume and frequency can create near‑term supply pressure and may be read as reduced insider conviction. SEC Form 4
• Negative Sentiment: High‑volume put buying has been reported, signaling that some traders are positioning for a pullback — this could magnify downside if margins or sentiment deteriorate. American Banking News: Options Flow

PBF Energy Company Profile

PBF Energy, Inc is an independent petroleum refiner organized in 2008 and headquartered in Parsippany, New Jersey. The company began trading on the New York Stock Exchange in July 2012 under the ticker symbol PBF. Since its formation, PBF Energy has grown through acquisitions and operational optimization, positioning itself as a leading supplier of refined petroleum products in the United States.

The company owns and operates five refineries located along the U.S. Gulf Coast, East Coast and in the Pacific Northwest, with a combined crude oil processing capacity of approximately 900,000 barrels per day.

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