Valvoline (NYSE:VVV – Get Free Report)’s stock price rose 4.3% on Tuesday. The stock traded as high as $29.87 and last traded at $29.6990. Approximately 250,768 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 2,147,359 shares. The stock had previously closed at $28.48.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on VVV shares. Benchmark assumed coverage on shares of Valvoline in a research note on Wednesday, August 19th. They set a “buy” rating and a $48.00 target price for the company. New Street Research set a $47.00 price objective on Valvoline in a research report on Monday, July 20th. Wells Fargo & Company lifted their price target on shares of Valvoline from $42.00 to $45.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Zacks Research cut Valvoline from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 19th. Finally, Weiss Ratings raised shares of Valvoline from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Valvoline has an average rating of “Moderate Buy” and a consensus price target of $43.06.
View Our Latest Research Report on VVV
Valvoline Stock Performance
Valvoline (NYSE:VVV – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.07. Valvoline had a net margin of 5.17% and a return on equity of 65.12%. The firm had revenue of $544.60 million during the quarter, compared to analysts’ expectations of $543.21 million. During the same period last year, the company earned $0.47 earnings per share. The business’s revenue was up 24.1% on a year-over-year basis. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. On average, equities analysts expect that Valvoline will post 1.76 EPS for the current year.
Insiders Place Their Bets
In related news, insider Julie O’Daniel sold 3,700 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $33.81, for a total transaction of $125,097.00. Following the completion of the sale, the insider directly owned 14,279 shares of the company’s stock, valued at approximately $482,772.99. This trade represents a 20.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Jordan M. Denny bought 1,506 shares of the stock in a transaction dated Wednesday, August 12th. The shares were acquired at an average price of $33.20 per share, for a total transaction of $49,999.20. Following the completion of the purchase, the chief accounting officer directly owned 4,121 shares in the company, valued at approximately $136,817.20. This trade represents a 57.59% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.66% of the stock is owned by insiders.
Hedge Funds Weigh In On Valvoline
Several institutional investors have recently bought and sold shares of VVV. B. Metzler seel. Sohn & Co. AG purchased a new position in shares of Valvoline in the second quarter valued at $3,715,000. Fiduciary Management Inc. WI raised its stake in Valvoline by 4.6% in the fourth quarter. Fiduciary Management Inc. WI now owns 4,972,363 shares of the basic materials company’s stock valued at $144,497,000 after purchasing an additional 220,642 shares in the last quarter. Norges Bank purchased a new stake in shares of Valvoline during the 4th quarter valued at $39,651,000. Vaughan Nelson Investment Management L.P. raised its position in Valvoline by 6.7% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 2,881,998 shares of the basic materials company’s stock valued at $97,066,000 after purchasing an additional 182,060 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in shares of Valvoline by 2,154.3% during the 1st quarter. Fifth Third Bancorp now owns 34,919 shares of the basic materials company’s stock valued at $1,176,000 after buying an additional 33,370 shares in the last quarter. Hedge funds and other institutional investors own 96.13% of the company’s stock.
About Valvoline
Valvoline Inc (NYSE: VVV) is an automotive maintenance company focused on quick, convenient vehicle services. Through its company-operated and franchised service centers, the company provides oil changes and other routine maintenance designed to help extend vehicle performance and reliability.
Its services generally include conventional and synthetic oil changes, tire rotations, battery replacement, air-filter and wiper-blade replacement, fluid services, and other preventive maintenance.
Featured Articles
- Five stocks we like better than Valvoline
- Rocket Lab Bounces Off Its Lows—What’s Behind the Move?
- NVIDIA Just Turned AI Safety Into a Spending Story and These 3 Stocks Benefit
- Why SpaceX Investors Should Look Past Starship’s Fiery Splashdown
- Meta’s Muse Is Taking Aim at E-Commerce, But Amazon Isn’t Playing Along
Receive News & Ratings for Valvoline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valvoline and related companies with MarketBeat.com's FREE daily email newsletter.
