Rep. Jefferson Shreve Buys Valero Energy Co. (NYSE:VLO) Shares

Representative Jefferson Shreve (R-Indiana) recently bought shares of Valero Energy Co. NYSE: VLO. In a filing disclosed on April 11th, the Representative disclosed that they had bought between $15,001 and $50,000 in Valero Energy stock on March 13th.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/31/2025.
• Purchased $50,001 - $100,000 in shares of Block NYSE: XYZ on 3/31/2025.
• Sold $15,001 - $50,000 in shares of DuPont de Nemours NYSE: DD on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of United Community Banks NASDAQ: UCB on 3/31/2025.
• Sold $15,001 - $50,000 in shares of IDEX NYSE: IEX on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of HNI NYSE: HNI on 3/31/2025.
• Sold $50,001 - $100,000 in shares of ServiceNow NYSE: NOW on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Coinbase Global NASDAQ: COIN on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Constellation Energy NASDAQ: CEG on 3/31/2025.
• Sold $50,001 - $100,000 in shares of Simon Property Group NYSE: SPG on 3/31/2025.

Valero Energy Price Performance

Shares of NYSE:VLO traded up $2.85 during trading on Friday, reaching $109.98. The company had a trading volume of 2,662,747 shares, compared to its average volume of 2,992,286. The company has a fifty day moving average of $125.26 and a two-hundred day moving average of $130.79. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $34.64 billion, a P/E ratio of 12.97, a price-to-earnings-growth ratio of 2.93 and a beta of 1.17. Valero Energy Co. has a 12 month low of $99.00 and a 12 month high of $168.85.

Valero Energy (NYSE:VLO - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The oil and gas company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.14 by $0.50. Valero Energy had a return on equity of 9.58% and a net margin of 2.13%. Equities research analysts forecast that Valero Energy Co. will post 7.92 earnings per share for the current year.

Institutional Investors Weigh In On Valero Energy

Several hedge funds and other institutional investors have recently made changes to their positions in VLO. Norges Bank bought a new stake in shares of Valero Energy during the 4th quarter valued at $669,400,000. Vanguard Group Inc. raised its stake in shares of Valero Energy by 16.1% in the fourth quarter. Vanguard Group Inc. now owns 34,725,700 shares of the oil and gas company's stock worth $4,257,024,000 after buying an additional 4,805,133 shares during the period. GAMMA Investing LLC increased its holdings in Valero Energy by 15,395.5% in the 1st quarter. GAMMA Investing LLC now owns 1,355,699 shares of the oil and gas company's stock worth $179,047,000 after acquiring an additional 1,346,950 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Valero Energy during the fourth quarter valued at approximately $132,469,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Valero Energy during the 4th quarter valued at $98,376,000. Hedge funds and other institutional investors own 78.69% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on VLO. Piper Sandler reduced their target price on shares of Valero Energy from $149.00 to $144.00 and set an "overweight" rating on the stock in a research report on Friday, March 7th. Raymond James dropped their price target on Valero Energy from $165.00 to $155.00 and set a "strong-buy" rating on the stock in a research report on Wednesday, April 9th. Mizuho reduced their price objective on Valero Energy from $165.00 to $158.00 and set an "outperform" rating for the company in a research report on Wednesday, January 8th. Tudor Pickering raised Valero Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. Finally, Scotiabank reduced their price target on Valero Energy from $156.00 to $136.00 and set a "sector outperform" rating for the company in a report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $152.46.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Valero Energy

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.