Total Wealth Planning & Management Inc. Makes New $527,000 Investment in Valero Energy Corporation $VLO

Total Wealth Planning & Management Inc. bought a new position in Valero Energy Corporation (NYSE:VLO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,239 shares of the oil and gas company’s stock, valued at approximately $527,000.

Other large investors have also added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new stake in Valero Energy in the 3rd quarter worth approximately $27,000. Torren Management LLC bought a new stake in Valero Energy in the 4th quarter worth approximately $30,000. AXS Investments LLC bought a new stake in shares of Valero Energy during the 4th quarter valued at $32,000. Triumph Capital Management bought a new stake in shares of Valero Energy during the 3rd quarter valued at $35,000. Finally, Bruce G. Allen Investments LLC grew its position in shares of Valero Energy by 32.9% during the 4th quarter. Bruce G. Allen Investments LLC now owns 206 shares of the oil and gas company’s stock valued at $34,000 after acquiring an additional 51 shares during the period. Institutional investors own 78.69% of the company’s stock.

Valero Energy Trading Down 0.9%

Shares of VLO stock opened at $259.05 on Friday. Valero Energy Corporation has a 1 year low of $125.77 and a 1 year high of $265.61. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.58 and a quick ratio of 1.15. The company has a market cap of $76.92 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 0.39 and a beta of 0.55. The firm has a fifty day moving average price of $244.23 and a 200-day moving average price of $209.46.

Valero Energy (NYSE:VLO) last posted its quarterly earnings results on Thursday, April 30th. The oil and gas company reported $4.22 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $1.06. The business had revenue of $32.38 billion for the quarter, compared to analysts’ expectations of $31.38 billion. Valero Energy had a return on equity of 15.94% and a net margin of 3.37%.The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the firm earned $0.89 earnings per share. As a group, equities analysts predict that Valero Energy Corporation will post 26.51 earnings per share for the current year.

Valero Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Thursday, May 21st will be issued a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $4.80 dividend on an annualized basis and a yield of 1.9%. Valero Energy’s dividend payout ratio (DPR) is currently 34.88%.

Valero Energy News Summary

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

• Positive Sentiment: Valero was named to Zacks’ #1 (Strong Buy) growth stocks list, which may be helping investor sentiment by signaling improving momentum and favorable analyst-style rankings. Best Growth Stocks to Buy for June 4th
• Positive Sentiment: Zacks said high oil prices may not fully derail Valero’s refining strength, pointing to tight global capacity and low fuel inventories that can keep refining margins supported. Why High Oil Prices Won’t Fully Derail VLO’s Refining Strength
• Positive Sentiment: Another Zacks note reiterated Valero as a strong value stock, adding to the case that the company remains attractive on fundamentals despite the recent run-up. Here’s Why Valero Energy (VLO) is a Strong Value Stock
• Neutral Sentiment: Coverage focused on whether VLO can extend its move after hitting a 52-week high; this reflects strong performance, but also suggests the stock may need continued fundamental support to keep rising. Valero Energy Corporation (VLO) Hit a 52 Week High, Can the Run Continue?
• Negative Sentiment: One article flagged insider stock sales over the past year, which can be viewed as a cautious signal even though it does not necessarily change the company’s operating outlook. Possible Bearish Signals With Valero Energy Insiders Disposing Stock

Wall Street Analysts Forecast Growth

VLO has been the subject of a number of recent research reports. Raymond James Financial boosted their price objective on shares of Valero Energy from $215.00 to $290.00 and gave the company a “strong-buy” rating in a research report on Wednesday, March 25th. Citigroup boosted their price objective on shares of Valero Energy from $246.00 to $259.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Piper Sandler boosted their price objective on shares of Valero Energy from $236.00 to $263.00 and gave the company an “overweight” rating in a research report on Wednesday, April 8th. Wolfe Research reissued an “underperform” rating and set a $203.00 price objective on shares of Valero Energy in a research report on Tuesday, April 21st. Finally, BMO Capital Markets boosted their price objective on shares of Valero Energy from $230.00 to $270.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $243.65.

Insider Buying and Selling

In other Valero Energy news, SVP Eric A. Fisher sold 400 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $238.60, for a total transaction of $95,440.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.36% of the stock is currently owned by corporate insiders.

About Valero Energy

Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.

In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.