Savant Capital LLC Raises Position in Valero Energy Co. (NYSE:VLO)

Savant Capital LLC boosted its stake in Valero Energy Co. (NYSE:VLO) by 1.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,766 shares of the oil and gas company’s stock after buying an additional 205 shares during the quarter. Savant Capital LLC’s holdings in Valero Energy were worth $1,530,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. BKM Wealth Management LLC purchased a new position in Valero Energy in the 4th quarter worth approximately $26,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Valero Energy during the 3rd quarter worth approximately $28,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of Valero Energy during the 4th quarter worth approximately $36,000. FSC Wealth Advisors LLC acquired a new stake in shares of Valero Energy during the 4th quarter worth approximately $38,000. Finally, Authentikos Wealth Advisory LLC acquired a new stake in shares of Valero Energy during the 3rd quarter worth approximately $42,000. 78.69% of the stock is owned by hedge funds and other institutional investors.

Valero Energy Price Performance

Shares of NYSE:VLO opened at $157.36 on Friday. The company has a 50-day simple moving average of $162.85 and a 200-day simple moving average of $141.50. Valero Energy Co. has a one year low of $104.18 and a one year high of $184.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.10 and a current ratio of 1.59. The stock has a market capitalization of $52.32 billion, a price-to-earnings ratio of 7.79, a PEG ratio of 1.43 and a beta of 1.55.

Valero Energy (NYSE:VLO) last announced its earnings results on Thursday, April 25th. The oil and gas company reported $3.82 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 during the quarter, compared to analysts’ expectations of $32.02 billion. During the same period in the prior year, the company earned $8.27 earnings per share. The business’s revenue was down 12.8% compared to the same quarter last year. On average, analysts predict that Valero Energy Co. will post 18.11 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on VLO shares. Citigroup raised their price target on shares of Valero Energy from $160.00 to $192.00 and gave the stock a “buy” rating in a report on Thursday, April 18th. The Goldman Sachs Group raised their price target on shares of Valero Energy from $130.00 to $171.00 and gave the company a “sell” rating in a research report on Friday, March 22nd. Piper Sandler raised their price target on shares of Valero Energy from $161.00 to $198.00 and gave the company an “overweight” rating in a research report on Wednesday, April 3rd. Scotiabank boosted their target price 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. Finally, Bank of America upgraded shares of Valero Energy from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $156.00 to $210.00 in a research note on Friday, March 15th. One research analyst has rated the stock with a sell rating, three have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average 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.