Zacks Research Boosts Earnings Estimates for Valero Energy

Valero Energy Corporation (NYSE:VLOFree Report) – Equities research analysts at Zacks Research lifted their Q2 2026 earnings estimates for shares of Valero Energy in a report released on Thursday, November 13th. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings per share of $3.26 for the quarter, up from their prior estimate of $3.23. The consensus estimate for Valero Energy’s current full-year earnings is $7.92 per share.

Valero Energy (NYSE:VLOGet Free Report) last released its quarterly earnings data on Thursday, October 23rd. The oil and gas company reported $3.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.15 by $0.51. Valero Energy had a net margin of 1.21% and a return on equity of 8.69%. The business had revenue of $32.17 billion during the quarter, compared to analysts’ expectations of $28.80 billion. During the same period in the prior year, the company earned $1.14 EPS. The firm’s quarterly revenue was down 2.2% compared to the same quarter last year.

A number of other equities analysts have also recently issued reports on VLO. UBS Group reaffirmed a “buy” rating and issued a $183.00 target price on shares of Valero Energy in a report on Friday, October 24th. Wall Street Zen upgraded Valero Energy from a “hold” rating to a “strong-buy” rating in a report on Saturday, October 25th. Wells Fargo & Company raised their price objective on shares of Valero Energy from $216.00 to $220.00 and gave the company an “overweight” rating in a report on Monday. Jefferies Financial Group boosted their target price on shares of Valero Energy from $181.00 to $194.00 and gave the stock a “buy” rating in a report on Friday, October 10th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $195.00 price target (up previously from $181.00) on shares of Valero Energy in a research note on Friday, October 24th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $179.53.

Get Our Latest Stock Analysis on Valero Energy

Valero Energy Price Performance

Shares of NYSE:VLO traded up $5.20 during trading on Friday, hitting $180.98. 411,371 shares of the company were exchanged, compared to its average volume of 3,079,111. Valero Energy has a 1-year low of $99.00 and a 1-year high of $182.99. The company has a market capitalization of $55.20 billion, a P/E ratio of 37.72, a price-to-earnings-growth ratio of 1.77 and a beta of 1.01. The company has a quick ratio of 1.09, a current ratio of 1.60 and a debt-to-equity ratio of 0.36. The business’s 50 day moving average is $166.25 and its 200-day moving average is $146.91.

Valero Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, November 20th will be given a dividend of $1.13 per share. The ex-dividend date is Thursday, November 20th. This represents a $4.52 annualized dividend and a dividend yield of 2.5%. Valero Energy’s dividend payout ratio is 94.36%.

Hedge Funds Weigh In On Valero Energy

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Hoey Investments Inc. acquired a new stake in Valero Energy during the 2nd quarter worth about $26,000. GFG Capital LLC acquired a new stake in Valero Energy during the second quarter worth approximately $27,000. Highline Wealth Partners LLC increased its holdings in Valero Energy by 70.2% in the third quarter. Highline Wealth Partners LLC now owns 160 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 66 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its stake in Valero Energy by 156.6% in the first quarter. Hazlett Burt & Watson Inc. now owns 213 shares of the oil and gas company’s stock valued at $28,000 after buying an additional 130 shares during the period. Finally, Hantz Financial Services Inc. grew its position in shares of Valero Energy by 1,277.8% during the 2nd quarter. Hantz Financial Services Inc. now owns 248 shares of the oil and gas company’s stock worth $33,000 after buying an additional 230 shares during the period. Institutional investors and hedge funds own 78.69% of the company’s stock.

About Valero Energy

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Valero Energy (NYSE:VLO)

Receive News & Ratings for Valero Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valero Energy and related companies with MarketBeat.com's FREE daily email newsletter.