Mather Group LLC. Has $394,000 Position in Valero Energy Co. (NYSE:VLO)

Mather Group LLC. raised its stake in Valero Energy Co. (NYSE:VLO) by 27.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,033 shares of the oil and gas company’s stock after acquiring an additional 650 shares during the quarter. Mather Group LLC.’s holdings in Valero Energy were worth $394,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Marino Stram & Associates LLC raised its holdings in Valero Energy by 0.9% during the 4th quarter. Marino Stram & Associates LLC now owns 8,384 shares of the oil and gas company’s stock valued at $1,090,000 after acquiring an additional 77 shares during the period. First Trust Direct Indexing L.P. raised its holdings in shares of Valero Energy by 0.8% during the third quarter. First Trust Direct Indexing L.P. now owns 10,000 shares of the oil and gas company’s stock valued at $1,417,000 after acquiring an additional 81 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in Valero Energy by 5.0% in the fourth quarter. Arkadios Wealth Advisors now owns 1,690 shares of the oil and gas company’s stock valued at $220,000 after acquiring an additional 81 shares in the last quarter. Fulcrum Equity Management increased its position in shares of Valero Energy by 1.0% during the fourth quarter. Fulcrum Equity Management now owns 8,806 shares of the oil and gas company’s stock valued at $1,145,000 after buying an additional 86 shares during the period. Finally, McIlrath & Eck LLC boosted its position in Valero Energy by 40.3% during the 3rd quarter. McIlrath & Eck LLC now owns 303 shares of the oil and gas company’s stock valued at $43,000 after acquiring an additional 87 shares in the last quarter. Institutional investors own 78.69% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on VLO. Raymond James raised their target price on shares of Valero Energy from $154.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Friday, January 26th. Wells Fargo & Company raised their target price on shares of Valero Energy from $171.00 to $184.00 and gave the stock an “equal weight” rating in a report on Thursday, April 4th. Scotiabank upped their price target on shares of Valero Energy from $138.00 to $165.00 and gave the company a “sector outperform” rating in a research report on Thursday, April 11th. Piper Sandler raised their target price on Valero Energy from $161.00 to $198.00 and gave the stock an “overweight” rating in a report on Wednesday, April 3rd. Finally, UBS Group upped their price target on shares of Valero Energy from $167.00 to $197.00 and gave the stock a “buy” rating in a research report on Tuesday, March 26th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Valero Energy presently has a consensus rating of “Moderate Buy” and an average price target of $174.40.

Valero Energy Stock Down 2.6 %

Shares of VLO opened at $155.66 on Thursday. The business’s 50 day simple moving average is $162.49 and its 200-day simple moving average is $141.39. Valero Energy Co. has a 1 year low of $104.18 and a 1 year high of $184.79. The stock has a market capitalization of $51.75 billion, a price-to-earnings ratio of 7.71, a price-to-earnings-growth ratio of 1.46 and a beta of 1.55. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.59 and a quick ratio of 1.10.

Valero Energy (NYSE:VLO) last released its quarterly earnings results on Thursday, April 25th. The oil and gas company reported $3.82 EPS for the quarter, topping analysts’ consensus estimates of $3.18 by $0.64. The firm had revenue of $31.76 billion during the quarter, compared to analysts’ expectations of $32.02 billion. Valero Energy had a net margin of 5.01% and a return on equity of 24.82%. The firm’s revenue for the quarter was down 12.8% compared to the same quarter last year. During the same period in the previous year, the company earned $8.27 EPS. As a group, equities analysts expect that Valero Energy Co. will post 18.3 earnings per share for the current fiscal year.

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.