Valero Energy Co. (NYSE:VLO) Shares Purchased by Catalyst Financial Partners LLC

Catalyst Financial Partners LLC raised its position in shares of Valero Energy Co. (NYSE:VLO) by 4.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,076 shares of the oil and gas company’s stock after purchasing an additional 87 shares during the period. Catalyst Financial Partners LLC’s holdings in Valero Energy were worth $270,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pinnacle Wealth Management Advisory Group LLC boosted its stake in Valero Energy by 3.4% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 12,254 shares of the oil and gas company’s stock valued at $1,593,000 after purchasing an additional 400 shares during the period. National Pension Service boosted its stake in Valero Energy by 2.9% during the 4th quarter. National Pension Service now owns 880,801 shares of the oil and gas company’s stock valued at $114,504,000 after purchasing an additional 24,657 shares during the period. Balanced Wealth Group LLC acquired a new position in Valero Energy during the 4th quarter valued at about $211,000. Patrick M Sweeney & Associates Inc. acquired a new position in Valero Energy during the 4th quarter valued at about $576,000. Finally, Centric Wealth Management boosted its stake in Valero Energy by 11.6% during the 4th quarter. Centric Wealth Management now owns 13,759 shares of the oil and gas company’s stock valued at $1,932,000 after purchasing an additional 1,431 shares during the period. 78.69% of the stock is owned by institutional investors and hedge funds.

Valero Energy Trading Up 0.3 %

Shares of VLO stock traded up $0.40 during trading hours on Wednesday, reaching $157.07. 2,766,505 shares of the stock traded hands, compared to its average volume of 3,245,021. Valero Energy Co. has a 1-year low of $105.49 and a 1-year high of $184.79. The business has a fifty day moving average price of $163.69 and a 200 day moving average price of $142.19. The company has a quick ratio of 1.10, a current ratio of 1.59 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $51.36 billion, a PE ratio of 7.78, a PEG ratio of 1.46 and a beta of 1.55.

Valero Energy (NYSE:VLO) last released its quarterly earnings results on Thursday, April 25th. The oil and gas company reported $3.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.18 by $0.64. Valero Energy had a net margin of 5.01% and a return on equity of 24.82%. The business had revenue of $31.76 billion for the quarter, compared to analyst estimates of $32.02 billion. During the same quarter in the previous year, the business earned $8.27 earnings per share. The firm’s revenue was down 12.8% compared to the same quarter last year. On average, equities research analysts forecast that Valero Energy Co. will post 18.02 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on VLO. The Goldman Sachs Group upped their price target on shares of Valero Energy from $130.00 to $171.00 and gave the stock a “sell” rating in a research note on Friday, March 22nd. Scotiabank upped their price target on shares of Valero Energy from $138.00 to $165.00 and gave the stock a “sector outperform” rating in a research note on Thursday, April 11th. Piper Sandler upped their price target on shares of Valero Energy from $161.00 to $198.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 3rd. Wells Fargo & Company upped their price target on shares of Valero Energy from $171.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 4th. Finally, Bank of America raised shares of Valero Energy from a “neutral” rating to a “buy” rating and upped their price target for the stock from $156.00 to $210.00 in a research note on Friday, March 15th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Valero Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $174.40.

About Valero Energy

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.