PBF Energy (NYSE:PBF) Cut to “Hold” at Wall Street Zen

21 Apr 2026, 01:18 by Renee Jackson · The Cerbat Gem

Wall Street Zen cut shares of PBF Energy (NYSE:PBF – Free Report) from a buy rating to a hold rating in a research note issued to investors on Saturday.

PBF has been the subject of a number of other research reports. Piper Sandler lifted 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. Mizuho lifted their price target on PBF Energy from $38.00 to $45.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Scotiabank upgraded PBF Energy to a “hold” rating in a report on Friday, March 27th. Tudor Pickering upgraded PBF Energy from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of PBF Energy in a report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $33.54.

Check Out Our Latest Research Report on PBF Energy

PBF Energy Price Performance

NYSE:PBF opened at $37.79 on Friday. 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 stock’s 50-day simple moving average is $41.41 and its 200 day simple moving average is $35.33. The company has a market cap of $4.42 billion, a P/E ratio of -25.71, a P/E/G ratio of 0.19 and a beta of 0.25. PBF Energy has a 52-week low of $14.54 and a 52-week high of $52.18.

PBF Energy (NYSE:PBF – Get Free Report) last released its earnings results 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. The business had revenue of $7.14 billion for the quarter, compared to the consensus estimate of $7.17 billion. PBF Energy had a negative return on equity of 8.86% and a negative net margin of 0.54%.PBF Energy’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($2.82) earnings per share. As a group, sell-side analysts forecast that PBF Energy will post 4.53 EPS for the current fiscal year.

PBF Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Investors 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 yield of 2.9%. PBF Energy’s dividend payout ratio (DPR) is presently -74.83%.

Insider Buying and Selling

In other news, insider Control Empresarial De Capital sold 1,100,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $46.21, for a total transaction of $50,831,000.00. Following the completion of the sale, the insider owned 22,996,898 shares in the company, valued at $1,062,686,656.58. The trade was a 4.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders sold a total of 11,100,825 shares of company stock worth $488,323,877 in the last three months. Company insiders own 5.50% of the company’s stock.

Institutional Investors Weigh In On PBF Energy

A number of institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its holdings 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 acquiring an additional 3,550,820 shares during the period. State Street Corp boosted its holdings in shares of PBF Energy by 1.3% during the fourth quarter. State Street Corp now owns 4,854,750 shares of the oil and gas company’s stock worth $131,661,000 after acquiring an additional 60,294 shares during the period. Invesco Ltd. boosted its holdings in shares of PBF Energy by 147.4% during the third quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock worth $83,639,000 after acquiring an additional 1,651,516 shares during the period. AQR Capital Management LLC boosted its holdings in shares of PBF Energy by 20.1% during the third quarter. AQR Capital Management LLC now owns 2,503,283 shares of the oil and gas company’s stock worth $75,524,000 after acquiring an additional 418,223 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of PBF Energy by 16.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,400,702 shares of the oil and gas company’s stock worth $65,108,000 after acquiring an additional 331,404 shares during the period. Institutional investors own 96.29% of the company’s stock.

PBF Energy Company Profile

(Get Free Report)

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.