Advisors Preferred LLC Purchases New Position in Petroleo Brasileiro S.A.- Petrobras $PBR

Brazil’s June dividend season begins on the São Paulo B3 exchange with payouts from Petrobras, Banco do Brasil, Bradesco, Itaú and Cemig, according to the article. June 1 is a key record date for Banco do Brasil, with shares trading ex-rights on June 2. Petrobras will pay a second 2025 tranche on June 22 of about R$0.31–R$0.33 per share.

Mondrian Investment Partners increased its stake in Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) by 14.1% in Q4, buying 1,562,473 shares to hold 12,655,094 shares. The position was about 2.4% of its portfolio and valued at $149.96M. Petrobras reported Q1 EPS of $0.96 on revenue of $23.54B and declared a special dividend of $0.1426.

Petrobras has finalized the acquisition of a 49.99% stake in Lightsource bp's Brazilian subsidiaries, forming a joint venture to develop renewable energy and storage projects. This move aligns with Petrobras's 2026-2030 business plan to expand its solar generation and clean energy presence in Brazil. Analysts rate Petrobras (PBR) as a Buy with a $24.80 price target, and TipRanks' AI Analyst, Spark, also rates it as Outperform due to solid financial performance and attractive valuation.

Petrobras (PBR) stock has risen by 4.15% following news of its strategic acquisitions in Namibia, particularly a 42.5% stake in offshore Block 2613 with TotalEnergies, which awaits government clearance. The company displays strong financial health with robust revenue and a low P/E ratio, despite significant long-term debt, and analysts maintain positive ratings with price targets around $18. This expansion is crucial for broadening Petrobras's global footprint and maintaining growth amid fluctuating oil prices and geopolitical tensions.

Annex Advisory Services LLC increased its stake in Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR) by 7.4% in Q3, purchasing 137,370 shares to hold a total of 1,994,268 shares valued at approximately $25.25 million. Other hedge funds also adjusted their positions in PBR. The company reported strong Q3 earnings, beating analyst estimates, and announced a special dividend.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) has declared a special dividend of $0.0658 per share, payable on March 27th to shareholders of record on December 26th. The dividend is well-covered, with a current payout ratio of 28.7% and projected future payout ratio of 22.6%, supported by analysts' EPS estimates of $3.10 for next year. The company's stock shows strong financial metrics, including a P/E ratio of 5.64 and recent earnings beat.