Valero Energy Corporation $VLO Stock: Robeco Institutional Asset Management B.V. Trims Stake

by · The Markets Daily

Robeco Institutional Asset Management B.V. lowered its stake in Valero Energy Corporation (NYSE:VLO – Free Report) by 19.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 549,996 shares of the oil and gas company’s stock after selling 137,025 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Valero Energy were worth $213,184,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cornerstone Financial Management LLC grew its position in shares of Valero Energy by 57.6% during the second quarter. Cornerstone Financial Management LLC now owns 104 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 38 shares in the last quarter. Whipplewood Advisors LLC increased its holdings in shares of Valero Energy by 3,400.0% in the first quarter. Whipplewood Advisors LLC now owns 105 shares of the oil and gas company’s stock worth $26,000 after purchasing an additional 102 shares during the last quarter. Financial Life Planners purchased a new stake in shares of Valero Energy in the first quarter worth about $28,000. Valued Wealth Advisors LLC lifted its position in shares of Valero Energy by 134.0% in the first quarter. Valued Wealth Advisors LLC now owns 117 shares of the oil and gas company’s stock worth $29,000 after buying an additional 67 shares in the last quarter. Finally, Global Assets Advisory LLC purchased a new stake in shares of Valero Energy in the first quarter worth about $33,000. Institutional investors own 78.69% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on VLO. Citigroup increased their price target on Valero Energy from $302.00 to $485.00 and gave the company a “neutral” rating in a research note on Tuesday, October 13th. Weiss Ratings raised Valero Energy from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. Raymond James Financial lifted their price objective on Valero Energy from $350.00 to $450.00 and gave the stock a “strong-buy” rating in a research note on Monday, September 14th. The Goldman Sachs Group upped their price objective on Valero Energy from $365.00 to $457.00 and gave the stock a “buy” rating in a report on Wednesday, September 23rd. Finally, TD Cowen increased their target price on Valero Energy from $338.00 to $350.00 and gave the company a “hold” rating in a research report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $382.62.

Check Out Our Latest Report on VLO

Valero Energy Stock Performance

Shares of NYSE:VLO opened at $433.85 on Wednesday. Valero Energy Corporation has a 52 week low of $156.26 and a 52 week high of $461.52. The stock has a market capitalization of $124.92 billion, a P/E ratio of 18.00, a PEG ratio of 0.28 and a beta of 0.59. The firm has a fifty day simple moving average of $387.70 and a two-hundred day simple moving average of $306.74. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 0.37.

Valero Energy (NYSE:VLO – Get Free Report) last posted its earnings results on Thursday, July 30th. The oil and gas company reported $12.54 earnings per share for the quarter, topping analysts’ consensus estimates of $10.11 by $2.43. The firm had revenue of $44.48 billion for the quarter, compared to the consensus estimate of $39.47 billion. Valero Energy had a net margin of 5.17% and a return on equity of 26.74%. The business’s quarterly revenue was up 48.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.28 EPS. On average, analysts expect that Valero Energy Corporation will post 51.77 earnings per share for the current fiscal year.

More Valero Energy News

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

  • Positive Sentiment: Investors are optimistic ahead of Valero’s third-quarter results, scheduled before the market opens on October 22. Higher refining margins are expected to support profitability and could reinforce the company’s strong earnings momentum. Valero Energy’s Q3 Earnings Approach: Higher Refining Margins Fuel Optimism
  • Positive Sentiment: Valero was included in Zacks’ Rank #1, or “Strong Buy,” growth-stock list. The designation may attract additional interest, particularly as the company trades well above its longer-term moving averages and approaches its 52-week high. Best Growth Stocks to Buy for October 19th
  • Positive Sentiment: A new $8 billion federal program to help farmers offset surging diesel costs highlights tight fuel markets and supply disruptions linked to Iran. Elevated diesel prices can improve refinery economics for Valero, although the longer-term effect depends on demand and the duration of the disruption. Trump announces $8B bailout for farmers to cover diesel cost surge
  • Neutral Sentiment: Preview reports are focusing on estimates for Valero’s third-quarter revenue, earnings and operating metrics, making the October 22 release the key near-term catalyst. Valero previously exceeded quarterly earnings expectations, raising the bar for another beat. Insights Into Valero Energy Q3
  • Negative Sentiment: DBS Bank downgraded Valero to Hold while assigning a $436 price target, indicating limited near-term upside after the stock’s substantial rally. The call could temper bullish sentiment ahead of earnings. DBS Bank Downgrades Valero Energy to Hold

About Valero Energy

(Free Report)

Valero Energy Corporation is an international energy company headquartered in San Antonio, Texas. The company’s primary business is refining and marketing transportation fuels, including gasoline, diesel, jet fuel and other products used by commercial, industrial and consumer customers.

Valero operates refineries in the United States, Canada and the United Kingdom. Its refining operations also produce asphalt, petrochemical feedstocks and other petroleum-based products. The company markets fuel through wholesale channels and branded retail networks, including Valero, Beacon and Shamrock-branded locations.

In addition to conventional refining, Valero has businesses focused on renewable fuels.

Read More

Want to see what other hedge funds are holding VLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Valero Energy Corporation (NYSE:VLO – Free Report).