Cadence Wealth Management LLC Buys Shares of 27,434 HF Sinclair Corporation $DINO

23 Aug 2026, 08:10 by Sarita Garza · The Markets Daily

Cadence Wealth Management LLC bought a new stake in shares of HF Sinclair Corporation (NYSE:DINO – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 27,434 shares of the company’s stock, valued at approximately $1,911,000. HF Sinclair comprises about 0.9% of Cadence Wealth Management LLC’s holdings, making the stock its 11th biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kingsview Wealth Management LLC lifted its position in shares of HF Sinclair by 1,451.5% during the fourth quarter. Kingsview Wealth Management LLC now owns 61,345 shares of the company’s stock worth $2,827,000 after purchasing an additional 57,391 shares during the last quarter. Jefferies Financial Group Inc. purchased a new stake in shares of HF Sinclair during the fourth quarter valued at $6,194,000. Hillsdale Investment Management Inc. grew its holdings in shares of HF Sinclair by 317.9% in the fourth quarter. Hillsdale Investment Management Inc. now owns 84,000 shares of the company’s stock worth $3,871,000 after purchasing an additional 63,900 shares during the last quarter. State of Wyoming bought a new position in shares of HF Sinclair in the second quarter worth about $859,000. Finally, Prudential PLC purchased a new position in HF Sinclair in the 4th quarter worth about $5,505,000. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Evercore assumed coverage on shares of HF Sinclair in a report on Friday, July 17th. They set an “in-line” rating and a $85.00 price objective for the company. Mizuho raised their target price on shares of HF Sinclair from $79.00 to $85.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Morgan Stanley raised their target price on shares of HF Sinclair from $69.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, June 12th. The Goldman Sachs Group reiterated a “buy” rating and issued a $114.00 price target on shares of HF Sinclair in a report on Wednesday, July 29th. Finally, UBS Group increased their price objective on HF Sinclair from $65.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, HF Sinclair presently has an average rating of “Moderate Buy” and a consensus target price of $81.25.

Read Our Latest Report on DINO

HF Sinclair Stock Performance

DINO stock opened at $97.13 on Friday. HF Sinclair Corporation has a 1-year low of $45.71 and a 1-year high of $97.63. The business has a 50-day moving average price of $81.48 and a 200 day moving average price of $68.67. The company has a market capitalization of $17.27 billion, a P/E ratio of 9.27 and a beta of 0.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.97 and a quick ratio of 1.10.

HF Sinclair (NYSE:DINO – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $5.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.49 by $0.82. The company had revenue of $10.39 billion for the quarter, compared to analysts’ expectations of $8.68 billion. HF Sinclair had a net margin of 6.13% and a return on equity of 18.21%. The firm’s quarterly revenue was up 53.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.10 EPS. As a group, equities research analysts forecast that HF Sinclair Corporation will post 11.85 EPS for the current fiscal year.

HF Sinclair Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Tuesday, August 11th will be paid a dividend of $0.525 per share. This is a boost from HF Sinclair’s previous quarterly dividend of $0.50. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, August 11th. HF Sinclair’s payout ratio is 20.04%.

Insider Buying and Selling at HF Sinclair

In related news, SVP Matthew Joyce sold 2,384 shares of HF Sinclair stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $69.73, for a total transaction of $166,236.32. Following the transaction, the senior vice president directly owned 14,797 shares of the company’s stock, valued at $1,031,794.81. This trade represents a 13.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Rhoman J. Hardy acquired 1,508 shares of HF Sinclair stock in a transaction that occurred on Tuesday, June 16th. The stock was acquired at an average cost of $66.32 per share, with a total value of $100,010.56. Following the purchase, the director directly owned 15,037 shares of the company’s stock, valued at $997,253.84. This represents a 11.15% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 11,955 shares of company stock valued at $968,455 in the last ninety days. Company insiders own 0.26% of the company’s stock.

HF Sinclair Company Profile

(Free Report)

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.