Valero Energy stock is trading -14.83% below its average target price of $151.13 after marking a 2.1% during today's morning session. Analysts are giving the large-cap Oil & Gas Integrated company an average rating of buy and target prices ranging from $132.0 to $171.0 per share.
The stock has an average amount of shares sold short at 3.4%, and a short ratio of 2.47. The company's insiders own 0.56% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 81.1% of Valero Energy's shares being owned by this investor type.
Institutions Invested in Valero Energy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 10% | 34,197,149 | $4,401,685,908 |
| 2023-06-30 | Blackrock Inc. | 8% | 29,199,039 | $3,758,354,197 |
| 2023-06-30 | State Street Corporation | 7% | 24,505,908 | $3,154,277,858 |
| 2023-06-30 | FMR, LLC | 3% | 10,721,475 | $1,380,014,615 |
| 2023-06-30 | Morgan Stanley | 2% | 8,444,535 | $1,086,938,291 |
| 2023-06-30 | Charles Schwab Investment Management, Inc. | 2% | 8,279,603 | $1,065,709,069 |
| 2023-06-30 | Ameriprise Financial, Inc. | 2% | 6,902,150 | $888,410,211 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 6,653,462 | $856,400,336 |
| 2023-06-30 | Nuveen Asset Management, LLC | 2% | 6,128,301 | $788,804,240 |
| 2023-06-30 | Bank of America Corporation | 1% | 4,935,824 | $635,314,568 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Valero Energy.
