
Valero Energy Corporation (NYSE:VLO – Free Report) – Investment analysts at Erste Group Bank increased their FY2026 EPS estimates for shares of Valero Energy in a report released on Friday, June 5th. Erste Group Bank analyst H. Engel now forecasts that the oil and gas company will post earnings of $27.70 per share for the year, up from their prior estimate of $27.36. The consensus estimate for Valero Energy’s current full-year earnings is $26.51 per share.
A number of other analysts have also commented on the stock. TD Cowen boosted their price target on shares of Valero Energy from $255.00 to $276.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Raymond James Financial lifted their price objective on shares of Valero Energy from $215.00 to $290.00 and gave the stock a “strong-buy” rating in a report on Wednesday, March 25th. Weiss Ratings raised shares of Valero Energy from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 4th. BMO Capital Markets lifted their price objective on shares of Valero Energy from $230.00 to $270.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. Finally, Wall Street Zen raised shares of Valero Energy from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 4th. Two investment 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 stock. Based on data from MarketBeat, Valero Energy has a consensus rating of “Moderate Buy” and an average target price of $243.65.
Valero Energy Stock Performance
Shares of VLO stock opened at $258.27 on Thursday. The firm has a market capitalization of $76.69 billion, a PE ratio of 18.77, a price-to-earnings-growth ratio of 0.37 and a beta of 0.55. The firm has a fifty day simple moving average of $245.01 and a two-hundred day simple moving average of $211.65. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 0.39. Valero Energy has a 12 month low of $130.78 and a 12 month high of $265.61.
Valero Energy (NYSE:VLO – Get Free Report) last announced 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 during the quarter, compared to analyst estimates of $31.38 billion. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. Valero Energy’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.89 EPS.
Valero Energy Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Thursday, May 21st will be issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Thursday, May 21st. Valero Energy’s payout ratio is 34.88%.
Hedge Funds Weigh In On Valero Energy
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. First National Bank of Mount Dora Trust Investment Services boosted its holdings in shares of Valero Energy by 245.0% in the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 17,954 shares of the oil and gas company’s stock worth $4,436,000 after buying an additional 12,750 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Valero Energy by 15.2% in the 1st quarter. Parallel Advisors LLC now owns 2,850 shares of the oil and gas company’s stock worth $704,000 after buying an additional 376 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Valero Energy by 19.2% in the 1st quarter. NewEdge Advisors LLC now owns 59,298 shares of the oil and gas company’s stock worth $14,651,000 after buying an additional 9,553 shares during the last quarter. First Nebraska Trust Co purchased a new position in shares of Valero Energy in the 1st quarter worth about $286,000. Finally, Cozad Asset Management Inc. purchased a new position in shares of Valero Energy in the 1st quarter worth about $286,000. 78.69% of the stock is owned by hedge funds and other institutional investors.
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.
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