How Does the Market View Valero Energy?

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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.