Valero Energy stock is trading -19.06% below its average target price of $151.63 after dropping -2.3% during today's evening session. Analysts are giving the large-cap Oil & Gas Integrated company an average rating of buy and target prices ranging from $130.0 to $171.0 per share.
The stock has an average amount of shares sold short at 3.7%, and a short ratio of 3.53. 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 |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 10% | 33,158,395 | $4,069,529,929 |
| 2023-09-30 | Blackrock Inc. | 9% | 30,095,624 | $3,693,636,034 |
| 2023-09-30 | State Street Corporation | 7% | 24,175,254 | $2,967,029,004 |
| 2023-09-30 | FMR, LLC | 3% | 9,080,700 | $1,114,474,341 |
| 2023-09-30 | Morgan Stanley | 3% | 8,961,603 | $1,099,857,566 |
| 2023-09-30 | Charles Schwab Investment Management, Inc. | 2% | 8,044,977 | $987,360,054 |
| 2023-09-30 | Ameriprise Financial, Inc. | 2% | 6,796,865 | $834,179,264 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 6,644,893 | $815,527,740 |
| 2023-09-30 | Bank of America Corporation | 1% | 4,505,862 | $553,004,458 |
| 2023-09-30 | Nuveen Asset Management, LLC | 1% | 4,418,046 | $542,226,800 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Valero Energy.
