Mirae Asset Securities (Usa) 13F: Exits Valero Energy (VLO) Stake

Mirae Asset Securities (Usa) has closed out its entire stake in Valero Energy Corporation (NYSE: VLO), selling all 32,574 shares it previously owned. The complete exit came to light in a Form 13F filing with the SEC on October 15, 2026. Because 13F reports look backward at the end of a reporting period, these numbers show past holdings and may not reflect the fund's current portfolio today.

Inside Mirae Asset Securities's Valero Energy Trade

Mirae Asset completely dismantled its position, dropping its 32,574 shares down to zero for a 100.0% reduction. The fund held no remaining shares in the company by the end of the reported period. This move follows other recent complete exits by the firm, including similar sales of its stakes in Honeywell International and eBay.

Other Institutional Activity in Valero Energy

Other major institutional investors adjusted their own holdings around the same time. Blackrock Inc. reduced its holdings by 868,802 shares, ending with 25,143,225 shares worth about $11,181,443,374.00. Vanguard Capital Management LLC grew its holdings by 231,573 shares, ending with 19,393,258 shares worth about $8,624,375,599.00. State Street Corporation reduced its holdings by 712,026 shares, ending with 18,903,012 shares worth about $8,406,358,304.00. Vanguard Portfolio Management LLC reduced its holdings by 34,222 shares, ending with 14,845,028 shares worth about $6,601,732,275.00. FMR, LLC grew its holdings by 134,751 shares, ending with 8,504,389 shares worth about $3,781,986,759.00.

Valero Energy Corporation Stock Down 0.1%

Valero shares recently traded around $443.70 as of October 16, 2026, putting the stock about 3.9% below its 52-week high of $461.52. The stock is trading well above its 50-day moving average of $378.80 and sits comfortably above its 200-day moving average of $272.61. The company carries a market capitalization of roughly $128.04 billion.

Recent Earnings

Valero Energy reported trailing-twelve-month revenue of $132.43 billion alongside trailing earnings of $23.99 per share. The business achieved a net margin of 5.4% and a return on equity of 27.6%. The company's next earnings report is scheduled for October 22, 2026.

Dividend

Valero Energy pays an annual dividend rate of $4.80 per share, giving the stock a dividend yield of 1.08%. The company pays out 19.4% of its earnings as dividends.

Insider Buying and Selling at Valero Energy Corporation

Company insiders made several share sales over the spring and early summer. On May 18, 2026, officer Eric A Fisher sold 7,500 shares at an average price of $251.61 for a total value of $1,887,064.00. Later, on June 18, 2026, Fisher sold another 7,500 shares at $236.90 worth $1,776,781.00. On June 29, 2026, SVP Eric Fisher sold 7,500 shares at $268.17 for $2,011,275.00, and officer Eric A Fisher also sold 7,500 shares at $268.17 for $2,011,307.00. None of these transactions were reported as part of a Rule 10b5-1 trading plan.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On October 8, 2026, Jefferies maintained its Hold rating while raising its price target from $401.00 to $394.00. On the same day, Mizuho maintained its Neutral rating and bumped its target from $300.00 to $434.00. Evercore ISI Group maintained an In-Line rating on October 12, 2026, lifting its target from $325.00 to $385.00. Citigroup maintained a Neutral rating on October 13, 2026, raising its target from $302.00 to $485.00. Finally, Wells Fargo maintained an Overweight rating on October 14, 2026, pushing its target from $389.00 to $485.00. Overall, the stock carries a consensus buy recommendation from 19 analysts with a mean price target of $406.58.

About Valero Energy

Based in San Antonio, Texas, Valero Energy Corporation operates as an international manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products. The company runs its operations through three main segments: Refining, Renewable Diesel, and Ethanol, serving customers across North America, Europe, Latin America, and other global markets.

Bottom Line

Investors tracking Mirae Asset's portfolio shifts will want to review upcoming financial updates, starting with Valero's earnings report on October 22, 2026. Because 13F filings reflect past positioning rather than real-time trades, monitor later disclosures to see if the fund stays out of the stock for good. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.