PBF Energy (PBF) is up 13.7% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is a strong second-quarter earnings reaction tied to much better refining conditions and improving operations, especially after investors had been bracing for a far weaker level of profitability earlier in the year. The move also appears to reflect optimism that stronger crack spreads and better throughput helped PBF outperform prior expectations.
Details:
Sources:
PBF Energy Investor Relations, SEC, Investing.com, Benzinga
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$PBF Insider Trading Activity
$PBF insiders have traded $PBF stock on the open market 83 times in the past 6 months. Of those trades, 0 have been purchases and 83 have been sales.
Here’s a breakdown of recent trading of $PBF stock by insiders over the last 6 months:
- EMPRESARIAL DE CAPITALES S.A. DE C.V. CONTROL has made 0 purchases and 70 sales selling 13,393,270 shares for an estimated $601,592,621.
- THOMAS J. NIMBLEY has made 0 purchases and 3 sales selling 300,000 shares for an estimated $13,113,525.
- PAUL T DAVIS (Senior Vice President) has made 0 purchases and 2 sales selling 100,000 shares for an estimated $4,813,930.
- JAMES E. FEDENA (Senior Vice President) has made 0 purchases and 7 sales selling 96,026 shares for an estimated $4,801,965.
- TRECIA M CANTY (SVP and General Counsel) sold 62,999 shares for an estimated $3,149,950
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PBF Hedge Fund Activity
We have seen 220 institutional investors add shares of $PBF stock to their portfolio, and 142 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,892,311 shares (-78.8%) from their portfolio in Q1 2026, for an estimated $90,111,849
- TWO SIGMA INVESTMENTS, LP added 1,825,912 shares (+89.9%) to their portfolio in Q1 2026, for an estimated $86,949,929
- MARSHALL WACE, LLP added 1,230,902 shares (+inf%) to their portfolio in Q1 2026, for an estimated $58,615,553
- MILLENNIUM MANAGEMENT LLC removed 1,208,582 shares (-84.0%) from their portfolio in Q1 2026, for an estimated $57,552,674
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,137,533 shares (+54.6%) to their portfolio in Q1 2026, for an estimated $54,169,321
- GOLDMAN SACHS GROUP INC removed 944,307 shares (-14.9%) from their portfolio in Q1 2026, for an estimated $44,967,899
- PORTOLAN CAPITAL MANAGEMENT, LLC added 799,998 shares (+inf%) to their portfolio in Q1 2026, for an estimated $38,095,904
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$PBF Price Targets
Multiple analysts have issued price targets for $PBF recently. We have seen 8 analysts offer price targets for $PBF in the last 6 months, with a median target of $41.5.
Here are some recent targets:
- Jason Gabelman from TD Cowen set a target price of $39.0 on 06/29/2026
- Connor Lynagh from Morgan Stanley set a target price of $38.0 on 06/12/2026
- Nitin Kumar from Mizuho set a target price of $48.0 on 05/27/2026
- Vikram Bagri from Citigroup set a target price of $43.0 on 05/01/2026
- Betty Zhang from Scotiabank set a target price of $34.0 on 04/22/2026
- Randy Ollenberger from BMO Capital set a target price of $50.0 on 04/02/2026
- Neil Mehta from Goldman Sachs set a target price of $41.0 on 03/12/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
