SBI Securities 13F: Adds $4.2M to Valero Energy (VLO) Stake

SBI Securities increased its holdings in Valero Energy Corporation VLO by 10,878 shares during the quarter, according to a Form 13F filing submitted on October 22, 2026. Valero closed at $423.05 on the filing date.

VLO Valero Energy Corporation

$436.75 ▲ +168.11% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in SBI Securities's Valero Energy Corporation Position

The firm grew its stake by 606.4% from its previous level of 1,794 shares. The updated holding of 12,672 shares carried a reported value of about $4.9 million at the time of the filing.

Other Institutional Activity in Valero Energy Corporation

Mirae Asset Securities sold out its position by shedding 32,574 shares, ending with zero shares. Charles Schwab Trust opened a new position with 1,100 shares worth about $426,371. Montrusco Bolton Investments reduced its holdings by 168,483 shares, ending with 468,494 shares worth about $181.8 million. Franklin Resources, Inc. trimmed its stake by 83,358 shares to hold 6,328,819 shares worth about $2.7 billion. Ameriprise Financial, Inc. cut its position by 1,314,837 shares, leaving it with 5,223,386 shares valued at about $2.2 billion.

Valero Energy Corporation Stock Holds Steady

Valero recently traded around $436.75 as of October 22, 2026, putting it up about 3.2% since the filing date close. The shares sit below their 52-week high of $461.52 and well above their 52-week low of $159.90.

Recent Earnings

Valero Energy Corporation posted trailing twelve month revenue of $132.4 billion and trailing twelve month earnings of $23.99 per share. The refiner delivered a return on equity of 27.6% and a net profit margin of 5.4% over the period. Its year-over-year revenue growth reached 51.7%. The company operates across refining, renewable diesel, and ethanol sectors from its headquarters in San Antonio, Texas.

Dividend

Valero pays an annual dividend rate of $4.80 per share, giving it a dividend yield of 1.1%. The company maintains a dividend payout ratio of 19.4%.

Insider Buying and Selling at Valero Energy Corporation

Insider Eric A Fisher executed four sales earlier in the year. On March 12, 2026, Fisher sold 8,711 shares valued at about $2.0 million. Later on May 18, 2026, Fisher disposed of 7,500 shares at a price of $251.61 per share for a total value of about $1.9 million. On June 18, 2026, Fisher sold another 7,500 shares at $236.90 per share worth about $1.8 million. Finally, on June 29, 2026, Fisher sold 7,500 shares at $268.17 per share for a total value of about $2.0 million.

Analysts Set New Price Targets

Jefferies maintained a hold rating on the stock with a price target of $394.00 on October 8, 2026, moving from a prior target of $401.00. Evercore ISI Group maintained an in-line rating with a target of $385.00 on October 12, 2026, up from $325.00. Citigroup kept a neutral rating with a target of $485.00 on October 13, 2026, raising it from $302.00. Wells Fargo maintained an overweight rating with a target of $485.00 on October 14, 2026, up from $389.00. TD Cowen maintained a hold rating with a price target of $400.00 on October 22, 2026, adjusting from $375.00. Across Wall Street, 19 analysts track the stock with a consensus buy recommendation and a mean price target of $420.74.

About Valero Energy Corporation

Valero Energy Corporation operates as an independent petroleum refiner, processing crude oil and feedstocks into transportation fuels and low-carbon alternatives. The business distributes its products globally through wholesale and retail channels, servicing customers from North America to international markets via its refining, renewable diesel, and ethanol segments.

Bottom Line

SBI Securities expanded its exposure to the energy sector through its latest accumulation of Valero shares. Investors continue to monitor the company's refining margins and broader energy market conditions ahead of upcoming financial reports.