This morning we watched Valero Energy rise 3.1% to a price of $132.53 per share. The large-cap Oil & Gas Integrated company is now trading -12.56% below its average target price of $151.56. Analysts have set target prices ranging from $128.0 to $176.0 per share for Valero Energy, and have given the stock an average rating of buy.
Valero Energy's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.5%. The stock's short ratio is 3.53. The company's insiders own 0.48% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 80.9%. In conclusion, we believe there is mixed market sentiment regarding Valero Energy.
Institutions Invested in Valero Energy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 10% | 33,158,395 | $4,394,482,048 |
| 2023-09-30 | Blackrock Inc. | 9% | 30,095,624 | $3,988,573,011 |
| 2023-09-30 | State Street Corporation | 7% | 24,175,254 | $3,203,946,383 |
| 2023-09-30 | FMR, LLC | 3% | 9,080,700 | $1,203,465,159 |
| 2023-09-30 | Morgan Stanley | 3% | 8,961,603 | $1,187,681,234 |
| 2023-09-30 | Charles Schwab Investment Management, Inc. | 2% | 8,044,977 | $1,066,200,791 |
| 2023-09-30 | Ameriprise Financial, Inc. | 2% | 6,796,865 | $900,788,510 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 6,644,893 | $880,647,661 |
| 2023-09-30 | Bank of America Corporation | 1% | 4,505,862 | $597,161,885 |
| 2023-09-30 | Nuveen Asset Management, LLC | 1% | 4,418,046 | $585,523,630 |
