<div id="readability-page-1"><p>Moors &amp; Cabot Inc. decreased its stake in shares of  Valero Energy Corporation (NYSE:VLO - Free Report) by 12.4% in the 2nd quarter, according to the company in its most recent filing with the Securities &amp; Exchange Commission. The firm owned 10,120 shares of the oil and gas company's stock after selling 1,435 shares during the quarter. Moors &amp; Cabot Inc.'s holdings in Valero Energy were worth $1,360,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>Venezuelan Tariffs Could Power These 3 Diesel-Driven Winners</li></ul><p>Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in  Valero Energy by 12.0% in the first quarter. Vanguard Group Inc. now owns 38,881,222 shares of the oil and gas company's stock worth $5,135,043,000 after purchasing an additional 4,155,522 shares during the period.  Charles Schwab Investment Management Inc. boosted its position in shares of  Valero Energy by 6.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 11,437,765 shares of the oil and gas company's stock worth $1,510,586,000 after purchasing an additional 736,533 shares in the last quarter.  Price T Rowe Associates Inc. MD grew its stake in shares of  Valero Energy by 276.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,795,436 shares of the oil and gas company's stock valued at $1,425,754,000 after buying an additional 7,931,018 shares during the period.  Invesco Ltd. increased its position in  Valero Energy by 34.1% in the 1st quarter. Invesco Ltd. now owns 4,905,145 shares of the oil and gas company's stock valued at $647,823,000 after buying an additional 1,247,196 shares in the last quarter.  Finally, Nuveen LLC acquired a new position in  Valero Energy during the 1st quarter worth approximately $529,864,000. Institutional investors and hedge funds own  78.69% of the company's stock. </p><div><p><span></span><span>Get <strong>Valero Energy</strong> alerts:</span></p></div><h2>Wall Street Analyst Weigh In</h2><p>A number of brokerages have commented on VLO. Mizuho raised their price objective on Valero Energy from $166.00 to $190.00 and gave the company an &#34;outperform&#34; rating in a research note on Monday, September 15th. UBS Group  reissued a &#34;buy&#34; rating and issued a $183.00 price target on shares of Valero Energy in a research report on Friday, October 24th. Citigroup downgraded shares of Valero Energy from a &#34;buy&#34; rating to a &#34;neutral&#34; rating and upped their price objective for the stock from $134.00 to $150.00 in a report on Wednesday, July 16th. Piper Sandler lifted their price objective on shares of Valero Energy from $200.00 to $201.00 and gave the company an &#34;overweight&#34; rating in a report on Friday, October 24th. Finally, Bank of America upgraded shares of Valero Energy from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and upped their target price for the stock from $152.00 to $179.00 in a report on Wednesday, September 3rd. Three analysts have rated the stock with a Strong Buy rating, nine have issued  a Buy rating and six have issued  a Hold rating to the stock. According to data from MarketBeat, Valero Energy currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $179.27.</p><ul><li>5 Stocks With Above-Market Yields Just Raised Payments Further</li></ul><p><b>Check Out Our Latest Stock Analysis on Valero Energy</b></p><h2>Valero Energy Price Performance</h2><p>VLO opened at $176.28 on Friday. Valero Energy Corporation has a 1 year low of $99.00 and a 1 year high of $179.10. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.60 and a quick ratio of 1.09. The company has a market capitalization of $53.77 billion, a price-to-earnings ratio of 36.80, a P/E/G ratio of 1.77 and a beta of 1.01. The firm's fifty day moving average price is $163.87 and its two-hundred day moving average price is $144.65. </p><ul><li>Leading Oil Refiner's Stock Climbs Despite Market Volatility</li></ul><p>Valero Energy (NYSE:VLO - Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The oil and gas company reported $3.66 earnings per share for the quarter, beating analysts' consensus estimates of $3.15 by $0.51. Valero Energy had a net margin of 1.21% and a return on equity of 8.69%. The company had revenue of $32.17 billion for the quarter, compared to analyst estimates of $28.80 billion. During the same period last year, the firm earned $1.14 earnings per share. The firm's revenue was down 2.2% on a year-over-year basis.  As a group, analysts anticipate that  Valero Energy Corporation will post 7.92 earnings per share for the current fiscal year. </p><h2>Valero Energy Announces Dividend</h2><p>The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, November 20th will be issued a $1.13 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $4.52 annualized dividend and a dividend yield of 2.6%. Valero Energy's dividend payout ratio  is currently 94.36%. </p><h2>Valero Energy Company Profile</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Valero Energy</li><li>How to Invest in the Best Canadian Stocks </li><li>CAVA Stock Looking for Direction After Earnings Miss</li><li>What is a Dividend Harvesting Strategy and How Can Investors Profit from it?</li><li>3 Small AI Stocks Ready to Explode (All Under $20)</li><li>How to Invest in Biotech Stocks</li><li>After 16% Fall, Analysts Eye a Big Recovery in Meta Platforms</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVZMTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVZMTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Valero Energy Right Now?</h2><p>Before you consider Valero Energy, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Valero Energy wasn't on the list.</p><p>While Valero Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Moors & Cabot Inc. reduced its stake in Valero Energy Corporation (NYSE:VLO) by 12.4% in Q2, selling 1,435 shares, leaving them with 10,120 shares valued at $1.36 million. Other institutional investors, including Vanguard and Charles Schwab, also increased their holdings. Valero's stock has a consensus rating of "Moderate Buy" with an average price target of $179.27. The company reported Q3 earnings of $3.66 per share, exceeding estimates, with revenue of $32.17 billion, down 2.2% year-over-year.</p>

Moors & Cabot Inc. Sells 1,435 Shares of Valero Energy Corporation $VLO